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.

Who is taking over a key position at Reliance Jio Infocom?

• Isha Ambani

• Akash Ambani

• Anand Ambani

• Mukesh Ambani

Which business is Anand Ambani associated with according to the succession plan?

• New energy

• Retail

• Finance

• Telecom

What is the expected completion date for the 5G rollout announced by the chairman?

• October 2023

• December 2023

• January 2024

• March 2024

Which new sector is Reliance planning to enter as announced in the speech?

• Automobile

• Healthcare

• FMCG

• Real Estate

What was the market eagerly waiting for in the chairman's speech?

• New product launches

• IPO timelines for Reliance Retail and Jio Infocom

• Partnership announcements

• Dividend declarations