Mukesh Ambani looks to USA's Walton family playbook on succession

Ambani, his wife and three children will have stakes in the new entity overseeing Reliance and be on its board, along with a few confidantes

Mukesh Ambani announces 'JioPhone Next', affordable smartphone developed by Jio and Google

Google teamed up on technology initiatives, including development of affordable smartphones for price-sensitive, tech-savvy Indian market

Statement issued by the Ambani family confirms that both mother and son are doing well

The investment values Reliance Retail at Rs 4.21 lakh crore

RIL has started work on hiving off O2C business into a separate unit for a possible stake sale to companies such as Saudi Aramco

As Jio board members, they helped seal the company's recent megadeal with Facebook $5.7 billion for a 9.99% stake

Reliance’s retail operation runs close to 12,000 stores, including a cash-and-carry wholesale business, in over 6,700 towns and cities

The oil-to-telecoms conglomerate's talks with Urban Ladder are at an advanced stage, the report said

We at Reliance value our over two-decade-long relationship with Saudi Aramco and are committed to a long-term partnership, Ambani said

2G era feature phones have kept around 30 crore subscribers away from basic internet services, Ambani said.