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Reliance Industries, the flagship company of Asia's richest tycoon Mukesh Ambani, is facing pressure to spin off its mature businesses through successful public floats of its telecom and retail units. The transition of control to the next generation, expected by 2028, could determine the conglomerate's hold on India's economy. While Reliance's influence has grown, its stock price has faced scrutiny, and investors want to see more value creation.

The statement was issued rebutting reports in an international publication, which apparently was the basis of Gandhi's statement late last month questioning how

The group has acknowledged Vinod Adani as a member, but we need clarity on whether it flouted a free-float rule, manipulated its shares and gained from a regulatory look-away

Adani acquires airwaves worth Rs 212 crore

The 59-year-old Indian industrialist and founder of Adani Group, Guatam Adani, is the owner of several companies, ranging from ports and aerospace to thermal... 08.02.2022, Sputnik International