At the company's 42th annual general meeting in Mumbai last week, Reliance Industries Ltd (RIL) chairman Mukesh Ambani said Jio was a company of the young, by the young and for the young.
One hears that Ambani senior and his son Akash Ambani met Prime Minister Narendra Modi and Finance Minister Arun Jaitley last month.
If sources at South Block are to be believed, Akash Ambani will soon take over the reins of Reliance Jio from old RIL hand Sanjay Mashruwala, who has been managing director of the company since 2013, and this is why the duo met the PM and FM for their blessings.
