Mukesh Ambani to set up family council as part of succession planning
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India's richest man Mukesh Ambani is setting up a 'family council' to implement a collective governance structure to manage the family's sprawling business empire as part of the group's succession-planning process. The council will provide equal representation to all family members, including the three Ambani siblings: Akash, Isha and Anant, who are expected to take over the reins of Reliance Industries Ltd.