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Succession at Reliance: A large family fortune starts a risky transition

Business Standard


By Andy Mukherjee


The flagship of Asia’s richest tycoon is looking a tad overburdened with businesses that are mature enough to be cast off on their own. Successful public floats of telecom and retail units will do more than make Mukesh Ambani a centi-billionaire — they may well determine the hold of the family-run conglomerate on India’s broader economy when control passes to the next generation.

 


That transition could…


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