A Reliance beyond the shadow of Mukesh Ambani?
With rumours around the Reliance chairman’s health and prolonged absence refusing to die down, a succession plan that involves wife Nita playing a key role is expected to unfold.
Why read this story?
Editor's note: A nursery school in Mumbai’s Malabar Hill received a fresh coat of paint as part of a spruce-up late last year. It would have been a regular affair except all the work was ostensibly sponsored by the Mukesh Ambani family. Its newest member, grandson Prithvi, had enrolled in the school. But the child hasn’t been attending school since it reopened in June. Cut to the main block of the Reliance Jio headquarters on the Thane-Belapur road, which was cordoned off and employees working in it moved to other offices so it could exclusively be used by the top management. The building hasn’t seen a visit by either Ambani’s son Akash or daughter Isha in a while. That’s because the family is at their 300-acre property near London, where Mukesh Ambani is spending a lot of time these days. While Ambani did make a public appearance in Mumbai in June, when he attended a public dance performance by his soon-to-be daughter-in-law at the Jio Convention Centre in Bandra Kurla Complex and was seen carrying Prithvi, he flew back to London soon …
More in Business
You may also like
Growth alone isn’t enough, Waaree needs to do more
The solar module maker’s investors want proof of its durability in the face of a leadership change and a costly push into energy storage.
Ten business developments for 2026
Who’s going to lead the IPO party, what’s going to drive the market, where are some of the leading businesses headed, and more.
How India’s retail shareholders are being left holding the can
Swiggy and Ola Electric’s plans to return to the public markets soon after big-bang IPOs leave investors with dilution, little prospect of returns and plenty of questions.
