Ambani Lays Down Succession Plan

The chairman's speech covered succession plans, with Akash Ambani taking a key role at Jio, Isha Ambani at Reliance Retail, and Anand Ambani in the new energy sector. A $25 billion investment in 5G rollout was announced, with completion expected by December 2023. The company is also entering the FMCG sector and expanding its green energy business. However, the market was disappointed by the lack of timelines for potential IPOs of Reliance Retail and Reliance Jio Infocom.

What key positions have Akash and Isha Ambani taken over in the company?

What was the announced investment for the rollout of 5G?

What new business area did the chairman mention for Reliance?

What glaring omission did the chairman make during his speech?

What was the market waiting for regarding Reliance Retail and Jio Infocom?