Mukesh Ambani has resigned from the board of his group's telecom arm, Reliance Jio and handed over the reins of the company to elder son Akash, a step seen as succession planning by the 65-year old billionaire. In a stock exchange filing, Reliance Jio Infocomm said the company's board at a meeting on June 27, "approved the appointment of Akash M Ambani, non-executive director, as chairman of the board of directors of the company." This comes after his father resigned with effect from close of working hours on June 27, it said.
Billionaire Mukesh Ambani on Monday laid bare the succession plan at India's most valuable company, identifying twins children Akash and Isha for telecom and retail leadership, and youngest son Anant for new energy unit. He, however, insisted he isn't retiring yet and will "continue to provide hands-on leadership as before". At the annual shareholders' meeting of Reliance Industries Ltd, he said the robust architecture that he has announced will ensure the firm remains "a unit, well-integrated and secure institution even as it develops existing businesses and adds new growth engines."
With corruption rankings, the White-Anglo-Saxon-White Caucasian countries have succeeded in discovering a replacement for the old form of imperialistically deracinating the rest of the world, argues Sudarshan Madabushi.
Union Home Minister Amit Shah on Thursday appealed to the people of Manipur to maintain peace and promised that justice will be ensured to all sections of the society.
India's recruitment activity has been recovering steadily as the hiring rate in June 2021 was around 42 per cent above the pre-pandemic levels in 2019, says a report. According to LinkedIn India - Labour Market Update for June 2021, there was a deepening hiring dip in April 2021, corresponding to a second wave of COVID-19 cases in India. Since then, it has been recovering steadily, compared to the pre-COVID levels in 2019. Hiring rate was 35 per cent higher at the end of May 2021, and 42 per cent higher at the end of June 2021.
Nivedita Mookerji finds out how Paytm CEO Vijay Shekhar Sharma is handling his soaring popularity after the note ban as well as the criticism that comes as a package deal.
September 13 is the last date to apply for the Common Admission Test 2023. I always recommend to do the registration early on.
Go through the form carefully and be sure about all the data that you are intending to fill in, advises Aashish Sood.
Social integration with inclusion is is most necessary.
Led by falling cost of handsets and increased data consumption, new mobile subscriptions have grown the fastest in India with 18 million net additions in the third quarter of 2014, telecom gear maker Ericsson said on Tuesday.
While Indian telecom czar Sunil Mittal's Bharti did not share deal details, UK Business Secretary Alok Sharma said his government and Bharti Global, will provide $500 million each.
Musk has not yet offered details about how his content moderation council will work.
The app's success has expanded the scope of content consumption.
The policy proposes a single-window platform for facilitation of the Indian software product industry, to help fast-track legal and regulatory issues over import and export, as well as setting up and winding up enterprises.
A look at the top tweets from your favourite Bollywood celebrities.
Despite strong AUM growth, MFs lag behind other popular investment avenues. MFs received only 6 per cent of total household savings in 2021-2022.
Niti Aayog's plan to create a 'New India' in less than four years should invite scepticism, argues T N Ninan.
For reasons that are not known clearly the two actors have shared cold vibes for years, notes Subhash K Jha.
Describing information technology as a change-agent, Modi said IT has the power to transform the country in several ways.
Half of the world's youth population are subject to anxiety or depression-causing circumstances, discovers ILO survey.
Pakistan's ARY news channel on Wednesday reported that the police in Karachi arrested its head and registered an FIR against the CEO and others in connection with some controversial remarks made by opposition party leader Shahbaz Gill during a news programme.
95 per cent of advertising inventory has been sold on television and 18 on-air sponsors have been signed up so far, the highest for any season.
However, students unable to appear in final-year exams in September will get another chance and universities will conduct special exams 'as and when feasible', according to a revised guidelines issued by the University Grants Commission (UGC).
Hitting back at former prime minister Manmohan Singh for his criticism of the Modi government's handling of the economy, Finance Minister Nirmala Sitharaman on Thursday said he is more remembered for having brought India to "fragile five" and rampant inflation during his term.
Citing people with knowledge of the situation, the report said that some managers were being asked to "draw up lists of employees to cut."
R Rajagopalan, who travelled through Tamil Nadu, says it will be an election of many firsts.
'One has to move with the times to stay relevant.'
Paytm has, since November 8, been on an overdrive, rolling out a series of features on its app including multi-language options for a no-holds barred access across the country. The company is now planning to make Paytm available on all types of mobile phones, going much beyond smartphones.
Calling for 'equal recognition of vaccines', COVAX on Thursday urged all governments to recognise as 'fully vaccinated' those people who have received COVID-19 vaccines deemed safe by World Health Organisation, saying any move that restricts travel of people based on the vaccines they have received is 'counter-effective, both in spirit and outcome'.
Similar bills in the recent past have been passed in the Bharatiya Janata Party-ruled states.
Mathematical problems can sometimes turn out to have real-world applications. This is true for the Riemann Hypothesis. Crypto-currency investors will heave a sigh of relief if the problem is unsolved since a proof could render their expertise obsolete, explains Devangshu Datta.
Billionaire Elon Musk has completed his $44 billion takeover of Twitter and fired the social media company's four top executives, including CEO Parag Agrawal and legal executive Vijaya Gadde. The New York Times said that Musk, the world's richest man, closed the deal to buy Twitter on Thursday. Citing people with knowledge of the situation, the report said that Musk "has started cleaning house at Twitter with the firings of at least four top executives". The Twitter executives who were fired include Agrawal, Gadde, chief financial officer Ned Segal and general counsel Sean Edgett.
A book revolving around Prime Minister Narendra Modi's work and political and governance model with various chapters written by domain experts, his Cabinet colleagues and leading faces in different walks of life, is set to hit the bookstores next month.
Wrist bands range from leather and stainless steel to sports models in hues from pink to blue.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Britain's third female prime Minister, Liz Truss, was out of office on Thursday after the shortest tenure at 10 Downing Street in London and without a cherished India-UK free trade agreement (FTA) under her belt as a Brexit prize.
Here's the full text of address to the nation by President Droupadi Murmu on the eve of the Republic Day 2023.
The capital recorded 2,373 fresh coronavirus cases taking the tally to 92,175. With 61 deaths, the fatalities now stand at 2,864.
A quaint Indian idea called face value is putting high-performing companies out of the reach of retail investors, observes Debashis Basu.
5 athletes, 6 officials from Indian contingent to take part in Paralympics opening.
