Isha Ambani. (Screengrab from Jio 45th AGM live) 
Business

Ambani introduces daughter Isha as leader of retail business

Ambani had previously named son Akash as chairman of the group's telecom arm, Reliance Jio.

PTI

MUMBAI: Billionaire Mukesh Ambani on Monday introduced daughter Isha as leader of his conglomerate's retail business as he details succession planning at India's most valuable firm.

Ambani had previously named son Akash as chairman of the group's telecom arm, Reliance Jio.

At Reliance Industries Ltd's 45th annual shareholders meeting, Ambani introduced Isha as leader of retail business as he invited her to speak on integrating WhatsApp with the retail business.

Isha, 30, gave a presentation on placing online grocery orders using WhatsApp and making payments.

Ambani, 65, has three children, twins Akash and Isha and youngest son Anant. Isha is married to Anand Piramal, son of Piramal Group's Ajay and Swati Piramal.

Reliance has three broad businesses - oil refining and petrochemicals, retail and digital services that include telecom.

While retail and digital services are housed in separate wholly-owned subsidiaries, the oil-to-chemical or O2C business is a functional division of Reliance. The new energy business is also with the parent firm.

Anant, 26, may get to helm the O2C and new energy business of the conglomerate.

CJP issues 7-day ultimatum; threatens nationwide protests if Education Minister Pradhan does not resign

Actor Salim Kumar, who made Malayalees laugh and later moved us to tears, passes away at 57

Domestic LPG price raised by Rs 29 per cylinder amid continued pressure on fuel retailers: Report

NTA denies claims of leak or sale of NEET UG re-exam paper, warns of strict action against rumour mongers

Iran football team departs for Mexico training base amid reported US visa issues for staff

SCROLL FOR NEXT