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Reliance Jio New Chairman: Akash Ambani has turn into the brand new chairman of Reliance Jio Infocomm Limited (Reliance Jio), the nation’s largest telecom firm. The board of the corporate has now determined to nominate him as chairman as an alternative of non-executive director. Prior to this, Akash Ambani was working as a non-executive director on the board. Akash Ambani is the son of Mukesh Ambani, the chairman of Reliance Industries.
Akash Ambani has graduated in economics from Brown University. He married Shloka Mehta in 2020 and so they have a son, Prithvi. Akash Ambani is the eldest of the three kids of Mukesh and Nita Ambani. Isha Ambani is his sister and a youthful brother, Anant Ambani.
Before Akash Ambani, his father Mukesh Ambani was taking care of the work because the chairman of the corporate. The board has additionally accepted the resignation of Mukesh Ambani. It is believed that with this determination, Mukesh Ambani has handed over the work and management of his firm to the arms of his later technology. However, Mukesh Ambani will proceed because the chairman of Jio Platforms Limited.
The credit score for organising Jio’s 4G ecosystem goes largely to Akash Ambani. During the Corona epidemic in 2020, massive tech corporations from everywhere in the world had invested in Jio, for which Akash Ambani had labored laborious. Akash Ambani joined the board of Reliance Jio within the 12 months 2014.
Reliance Jio is at present the biggest telecom firm within the nation, which has declared a internet revenue of Rs 4,171 crore within the fourth quarter of 20221-22. At the identical time, the corporate’s income has elevated by 20.4 p.c from Rs 17,358 crore to Rs 20,901 crore.
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