Mukesh Ambani steps down from Reliance Jio, son Akash named Chairman
Darpan News Desk IANS, 28 Jun, 2022 05:57 PM
Chennai, June 28 (IANS) Mukesh Ambani has resigned as a Director in Reliance Jio Infocomm Limited with the company's Board on Tuesday approving his elder son Akash Ambani's appointment as the Chairman.
In regulatory filing, Reliance Jio, the telecom arm of the Reliance group, said the Board of Directors at its meeting held on Monday "approved the appointment of Akash Ambani, Non-executive Director, as the Chairman of the Board of Directors of the company".
The company also said the Board "noted the resignation of Mukesh Ambani as Director of the company effective from close of working hours on June 27".
The Board also approved the appointment of Pankaj Mohan Pawar as the Managing Director for a period of five years commencing from June 27, subject to shareholders' approval.
The company also said the Board approved the appointment of Raminder Singh Gujral and K.V. Chowdary as Additional Directors, designated as Independent Directors, for a period of five years commencing from June 27, subject to shareholders' approval.
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A decision to this effect was taken during a cabinet meeting chaired by Chief Minister Bhagwant Mann. A spokesperson for the Chief Minister's Office said the posts belong to Group A, B and C. Major departments include Home Affairs, School Education, Health, Power and Technical Education.
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In April, 1.15 kg of cocaine concealed in pills ingested by a passenger was seized at Hyderabad, and in another case one kg of cocaine was seized at Bengaluru in August 2021. Apart from Mumbai and Hyderabad, seizures of cocaine have also been affected at other airports also.
Sonia Gandhi, on the recommendation of the Congress disciplinary committee, has stripped Sunil Jakhar of all posts and he will not be given any post till two years. After this decision Jakhar has been more vocal on the issue.
For Saturday, the IMD has predicted maximum temperature to be around 44 degrees Celsius and minimum to be at 26 degrees Celsius with heat wave conditions at few places and partly cloudy skies.
