Almost one billion people are eligible to vote in the seven-phase general elections that began on April 19 and concludes on June 1
India's Reliance Jio says Mukesh Ambani steps down as director
Reliance Industries Chairman Mukesh Ambani has stepped down as director of Reliance Jio Infocomm Ltd, the conglomerate's telecom arm said on Tuesday.
Published : 29 June 2022, 03:20 AM
Updated : 29 June 2022, 04:57 AM
Reliance Jio said it has appointed Mukesh's son and non-executive director Akash Ambani as the chairman of its board. Akash has been involved with the telecom unit since its launch in late 2016, where he started as a director.
India's telecoms sector had been upended after the entry of Jio, which triggered a price war that forced some rivals out of the market and turned profits into losses.
Jio, which started out offering mobile teleservices, has been aggressively investing in services like internet broadband and forging ties with handset makers to launch low-cost smartphones and providing 5G services.
RELATED STORIES
India has 968 million voters, more than the populations of the United States, the European Union and Russia combined
The struggle for Myawaddy has highlighted the role played by Colonel Saw Chit Thu, his militia and sprawling business enterprise, underlining his outsized influence in the strategically vital territor ...
State-run agencies have bought 11.92m tonnes of wheat from farmers so far this season, down 25% on the 15.92m tonnes bought in the same period a year ago
