Yet he illustrates how lesser known personalities in India with long-running ties to corporate dynasties can have an outsized impact. Making MoneyModi is a director at Reliance Retail Ltd. and the group’s telecom carrier Reliance Jio Infocomm Ltd. At Kola’s conference, he downplayed his skills. Gopinath said Modi is “ruthlessly efficient" and manages to get the best possible deal for Reliance in mergers and acquisitions. Telecom TalksHis negotiating skills were very visible when Reliance Jio raced to launch its wireless services in 2016 and built its fiber optic cable network. Consumer SpendingDuring the negotiations for the Facebook deal, Ambani, his children Isha and Akash, and Modi were key right through the discussions, one of the people familiar with the transaction said.

Source: Mint June 12, 2020 03:11 UTC