Mukesh Ambani steps down as Reliance Jio’s director, son Akash appointed chairman

Mukesh Ambani has resigned as director of Reliance Jio effective from June 27 and handed over the reins of the company to his elder son Akash. In a stock exchange filing, Reliance Jio said the company’s board at a meeting on June 27, “approved the appointment of Akash M Ambani, non-executive director, as…

Mukesh Ambani’s Reliance becomes 1st Indian firm to hit Rs 19 lakh crore market cap | Check share price

Mukesh Ambani’s Reliance Industries (RIL) has hit a market capitalization (m-cap) of Rs 19 lakh crore, the first-ever Indian company to achieve the feat. Shares of the conglomerate scaled a record high on Wednesday. While the share market was down on Wednesday. However, bucking the trend, Reliance Industries…