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Anant Ambani's board induction: Why more streaks of black in grey-haired clubs

Reliance: Proxy firms Institutional Shareholder Services Inc. (ISS) and Institutional Investor Advisory Services (IIAS) have recommended that shareholders vote against the induction of Anant Ambani, the youngest son of Reliance Industries Chairman Mukesh Ambani, to the company s board. ISS cited Anant s limited leadership and board experience as a concern. However, Reliance defended Anant s appointment, stating that he has relevant experience and maturity. ....

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How Mukesh Ambani will split his empire to avoid dad's folly

Realiance Industries Chairman, Mukesh Ambani,10th-ranked billionaire in the world is slowly dividing up his empire among his family ....

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