NEW DELHI: Mukesh Ambani, the chairman of India's most valued firm Reliance Industries, has taken the first step to pass on the reins of leadership to the next generation of Ambanis.
Earlier this week, Asia's richest man, decided to step down from the board of his $217 billion telecom arm, Reliance Jio and announced that his elder son, Akash Ambani, will step into his shoes as the chairman of board of directors of Jio.