Ambani, Asia’s richest person, in recent years, has said the children would have significant roles at India’s biggest conglomerate, which is valued at around $200 billion. Their eldest son Akash is already chairman of the telecom unit.
Indian markets struggle to keep pace with global peers amid oil, rupee and geopolitical pressures
Foreign Portfolio Investors have withdrawn significant funds from Indian equities, resulting in notable market losses. Meanwhile, domestic mutual fund inflows have provided some support, mitigating