Nita Ambani Likely To Be Chair In Reliance-Disney India Media Merger

Nita Ambani, the wife of Indian billionaire Mukesh Ambani is reportedly set to take the helm as the chair of the board in the impending merger between Reliance Industries and Walt Disney's India media assets. Sources close to the matter indicate that the merger deal, in the works for months, is on the verge of being signed, with an official announcement expected late Wednesday.

While plans are subject to change before the formal declaration, this move underscores the strategic collaboration between Reliance, under the control of the Ambani family, and Disney.

Presently, she serves as the founder and chair of the Reliance Foundation.