Mukesh Ambani steps down from Reliance Jio, son named chairman

Akash Ambani, the eldest son of Indian tycoon Mukesh Ambani, has been named as the chairman of Reliance’s digital empire Jio in what analysts view as a clear illustration of a leadership transition in one of Asia’s wealthiest families. Reliance Jio said in an exchange filing that Mukesh Ambani has resigned from his director role […]