Thursday, March 30, 2023

Mukesh Ambani

Adani confirms entry into telecom spectrum race

Billionaire Gautam Adani’s group on Saturday confirmed its entry into the race to acquire telecom spectrum, which it said will be used to create a private network to support its businesses from airports to power as well as data...

Akash named chairman of Reliance Jio; Ambani resigns

Mukesh Ambani has resigned as a Director in Reliance Jio Infocomm Limited with the company’s Board on Tuesday approving his elder son Akash Ambani’s appointment as the Chairman.In regulatory filing, Reliance Jio, the telecom arm of the Reliance group,...

Mukesh Ambani plans takeover of Walgreen Boots

Indian billionaire Mukesh Ambani is reportedly planning a takeover bid for the UK high street chain Boots, a media report said. Ambani is the biggest shareholder and chairman of retail-to-energy group Reliance Industries.Reliance is reportedly working on the potential...