Indian billionaire Mukesh Ambani’s daughter Isha set to be named chairperson of retail unit

Isha Ambani is set to be named chairman of the Reliance conglomerate’s retail unit in another sign that her father, Indian billionaire Mukesh Ambani, is pushing ahead with a plan for succession in one of Asia’s richest families. An announcement of Isha Ambani’s elevation could come as early as Wednesday, according to people with knowledge … Read more

Indian billionaire Mukesh Ambani plans joint bid for Britain’s retailer Boots

Indian billionaire Mukesh Ambani is reportedly planning a takeover bid for Britain’s well-known retailer Boots, according to the BBC report. Ambani is the biggest shareholder and chairman of retail-to-energy group Reliance Industries. Reliance Industries is considering a joint bid with US buyout firm Apollo Global Management, reports the BBC. Earlier this year, the Walgreen Boots … Read more