{"id":459214,"date":"2021-12-30T09:22:48","date_gmt":"2021-12-30T03:52:48","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=459214"},"modified":"2021-12-30T09:56:26","modified_gmt":"2021-12-30T04:26:26","slug":"what-leadership-transition-means-for-reliance-industries","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/what-leadership-transition-means-for-reliance-industries\/","title":{"rendered":"What leadership transition means for Reliance Industries"},"content":{"rendered":"<p>Mukesh Ambani has seen the succession battle from very close quarters. In 2002, when his father died without writing a will, he was locked in one such bitter confrontation with his brother Anil Ambani. After over three years of face-off, a family pact divided the Reliance businesses between the two brothers.<\/p>\n<p>So now, at 64, Ambani doesn\u2019t want to take any chances. About a month ago, several reports had surfaced that the Reliance chairman was planning to move his family\u2019s holding into a trust-like structure. Similar to what some other billionaire families like Waltons and Kochs did. <\/p>\n<p>Now, Ambani has hinted that the preparatory phase for handing over the baton of his business empire to his three kids is coming to an end.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mukesh Ambani has seen the succession battle from very close quarters. In 2002, when his father died without writing a will, he was locked in one such bitter confrontation with his brother Anil Ambani. After over three years of face-off, a family pact divided the Reliance businesses between the two brothers. So now, at 64, Ambani doesn\u2019t want to take any chances. About a month ago, several reports had surfaced that the Reliance chairman was planning to move his family\u2019s holding into a trust-like structure. Similar to what some other billionaire families like Waltons and Kochs did. Now, Ambani has [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-459214","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/459214","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=459214"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/459214\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=459214"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=459214"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=459214"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}