Get All Access for $5/mo

Reliance Reshuffle: Isha Ambani To Be Named As The New Chairperson of Reliance Retail Isha is currently the director of Reliance Retail limited

By Saptak Bardhan

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Wikimedia Commons


Isha Ambani, daughter of billionaire Mukesh Ambani, is set to be the chairperson of Reliance Retail. The announcement comes a day after Isha's twin brother, Akash was appointed as Reliance Jio's non-executive director and chairman of the board of directors.

The recent movements in Reliance Jio and Reliance Retail suggest the fact that Mukesh Ambani is taking a step back and handing the torch over to his children to lead the profitable subsidiaries of Reliance Industries Limited that stands at $217 billion.

Reliance Jio announced the appointments of Raminder Singh Gujral and K.V Chowdhary as independent directors for a term of five years. The digital division of Reliance Industries also announced the appointment of Pankaj Mohan Pawar as the managing director of the company.

Isha and Akash were part of teams that negotiated with Meta Platform Inc.'s (erstwhile Facebook) in the group. Isha is currently the director of Reliance Retail limited according to a report by Bloomberg.

Saptak Bardhan

Former Trainee Writer

Former Trainee Writer
Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

News and Trends

Recur Club Announces Credit Offerings for Startups Beyond Series A and SMEs

In FY 24–25, the platform also plans to deploy an additional INR 2000 crores through its Recur Swift program for startups.

News and Trends

Lightspeed Leads USD 40 Mn Series B Funding for SolarSquare

The company plans to use the fresh funding to expand its footprint to 50 cities, enhance its technology, hire talent, and strengthen its brand presence.

News and Trends

growX Ventures Launches Fund II with a Target Corpus of INR 400 Cr

Fund II aims to target early-stage and growth-stage investments, backing 20–24 startups in deeptech sectors. It plans to deploy INR 10 crore in seed and INR 20–30 crore in Series B rounds.

News and Trends

India Moves Towards AI Regulation: IT Minister Highlights Need for Balanced Approach

Union Minister for Electronics and Information Technology, Ashwini Vaishnaw, emphasized the importance of addressing fake news while upholding freedom of speech

News and Trends

Navis Capital and Dragon Fund Lead USD 60 Mn Investment in CarDekho SEA

With the fresh funds, CarDekho SEA aims to enhance used vehicle financing, refinancing, and classifieds, focusing on Indonesia and the Philippines, while expanding inventory funding, auto insurance, warranties, and EV financing capabilities.