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Tag: Akash Ambani

Reliance Jio launches Jio Space Fiber service, now internet will reach all areas

Only last month, Reliance Jio launched Jio Air Fiber, but now the company has made a big announcement regarding internet access. The Jio Space Fiber service was introduced during the 2023 Mobile India Congress.

Through Jio Space Fiber, the company will offer internet connectivity to isolated locations. In places where fiber cable broadband access is challenging to supply, Jio Space Fiber will offer simple internet connectivity.

At the Indian Mobile Congress, Akash Ambani demonstrated this service to Prime Minister Narendra Modi.

Chairman of the firm Akash Ambani stated, “With Jio Space Fiber, we will connect those who are deprived of it even today to the Internet.” The company claims that this new internet service will be reasonably priced and accessible throughout the nation.

Jio says that Jio Space Fiber service has been extended to the four most remote locations in the nation: Gir National Park in Gujarat, Korba in Chhattisgarh, Nabarangpur in Orissa, and ONGC-Jorhat in Assam. Customers will be able to access the internet even in remote locations like mountains and forests thanks to Jio Space Fiber.

Isha Ambani will be the new chairperson of Reliance Retail, second big decision of Reliance Group after Akash Ambani

The retail arm of Reliance Industries (RIL) is about to get a new chairperson. Isha Ambani, the daughter of Reliance Industries Chairman Mukesh Ambani, will take over as the organization’s new chairperson. This is a sign that Mukesh Ambani is moving ahead with his business empire’s success plan.

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Earlier, Reliance Group appointed Mukesh Ambani’s son Akash Ambani as the chairman of the telecom unit. The group announced this on Tuesday. Reliance Jio Infocomm is the telecom arm of the Reliance Group. Akash and Isha were part of the team that discussed the issue of investing in the meta platform in Reliance Group.

It is being told that the announcement of making Isha the chairperson of the retail unit can be made sometime on Wednesday. People associated with this matter gave this information on the condition of anonymity. At present, Isha Ambani is the director of Reliance Retail Ventures. A representative of Reliance Group declined to comment.

Isha Ambani is 30 years old. He studied at Yale University. Anant is his younger brother, who is 27 years old. Isha and Akash are twins.

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Reliance Retail and Reliance Jio are subsidiary companies of Reliance Industries. Reliance Group’s business of $ 217 billion includes oil, telecom, and retail. Reliance Industries is the flagship company of this group. Its chairman and managing director are Mukesh Ambani.

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