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The Economic Times
The Economic Times

Ambani says Reliance succession plan near completion as children take over day-to-day operations

New Delhi: Billionaire Mukesh Ambani on Friday said the transfer of day-to-day management responsibilities at his oil-to-telecom-and-retail conglomerate Reliance Industries to his children is "almost complete", marking the final stages of a closely watched succession process at India's most valuable company.

Speaking at the annual shareholders meeting, Ambani said Akash, Isha and Anant are now leading key businesses across the group and will drive the conglomerate's next phase of growth, including major initiatives in telecommunications, retail, digital services and new energy.

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