VIPMedia24.com

MUMBAI: 

Mukesh Ambani, one of the country’s richest individuals, has initiated a long-anticipated leadership transition at the energy-to-retail conglomerate Reliance by handing over the chairmanship of its telecoms unit to his elder son.

The move is the first sign of change at Ambani’s empire after the billionaire last year said his children would have significant roles in the business, adding Reliance was “in the process of effecting a momentous leadership transition.”

Here are details about Ambani’s three children who are expected to have greater say in India’s biggest conglomerate valued at around $200 billion.