Company management and shareholders may consider a reorganisation of the company to achieve three mutually linked objectives of structure, succession and segregation.
The announcement comes weeks after rival billionaire Mukesh Ambani announced a fifth Giga factory as part of an investment in low carbon energy.
Reliance Industries Limited and SenseHawk's deal value is worth USD 32 million.
The deal is estimated to be around Rs 22 crore and Reliance Retail Ventures would introduce it to the general trade and local markets around Diwali, said sources close to the development.
JioMart on WhatsApp experience will revolutionise the way millions of businesses across the country connect with their consumers while bringing unparalleled simplicity and convenience to people's shopping experience.
Reliance is set to launch Jio 5G services in four metro cities including Delhi, Kolkata, Mumbai and Chennai by Diwali. Know more
Jio 5G rollout: Reliance Jio Chairman Akash Ambani said that the latest version of the 5G services will be called 'standalone 5G'.
Mukesh Ambani and Nita Ambani celebrated the Azadi Ka Amrit Mahotsav by participating in PM Modi's Har Ghar Tiranga campaign on Independence Day. Their Mumbai house Antilia was lit in tri-colour lights. Watch the stunning videos and pictures of Ambani's luxurious house.
Reliance Foundation Hospital has filed a complaint about receiving calls posing threat to Reliance Industries chairman Mukesh Ambani and his family. More than three calls were received at the hospital. A case has been filed and probe is underway, informed Mumbai Police.
5G Network: Akash M Ambani, Chairman of Reliance Jio Infocomm, said the company is set to lead India's march into the 5G era and added "we will celebrate 'Azadi ka Amrit Mahotsav' with a pan India 5G rollout".
5G bidding: According to Telecom Minister Ashwini Vaishnaw, the Adani group bought 400 MHz, or less than one per cent of all spectrum sold, for Rs 212 crore.
Reliance-bp is currently producing about 20 per cent of India's total domestic production and MJ would help increase this to up to 30 per cent.
Akash’s elevation as chairman of Reliance Jio Infocomm recognises the specific contributions made by him to the digital services journey and rededicates him to even higher levels of responsibilities, going forward.
Radhika Merchant is the fiance of Mukesh Ambani and Nita Ambani's younger son Anant Ambani. Radhika is a trained classical dancer just like her mother-in-law Nita Ambani. She recently performed at her Arangetram ceremony. Watch dance videos of Nita and Radhika.
Radhika Merchant is the daughter of Encore Healthcare CEO Viren Merchant and Shaila Merchant. She is rumoured to be secretly engaged to Anant Ambani. However, there is no official confirmation about this yet.
Earlier this year, Forbes estimated Mukesh Ambani's net worth to be $90.7 billion, landing him at No.10 on this year's Billionaires list.
NIA in its affidavit to Bombay High Court on Wednesday termed Sharma the "main conspirator" in the Mansukh Hiren murder case.
With a combined wealth of $167.5 billion, Mukhesh Ambani and Gautam Adani took the top two spots, ranking as India's top Richie Riches.
Mukesh Ambani’s son Akash Ambani married diamantaire Russell Mehta's daughter Shloka in March 2019 in a star-studded affair at the Jio World Centre in Mumbai. They became proud parents to a baby boy on December 10, 2020. Named Prithvi, the youngest Ambani was seen with his mother Shloka on his first day of school, today.
The car, a Rolls Royce Cullinan petrol model, was registered by RIL at the Tardeo Regional Transport Office in South Mumbai on Jan 31, officials aware of the matter said.
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