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Billionaire Mukesh Ambani has picked P M S Prasad, Reliance Industries Ltd's petroleum division chief, to help the company start telecommunications services, two people with direct knowledge of the matter said.
Prasad, 61, is part of a group of top officials working on Reliance's voice and data services foray, the people said, asking not to be identified. Reliance held seven oil and gas blocks in India as of September 30 compared with 34 in 2006, giving Prasad the time to work on the telecommunications venture, one of the people said. He will continue to be in charge of the oil business.