Anil Ambani had agreed to sell RCom’s towers, spectrum and fiber assets to older brother Mukesh's company for Rs. 173 billion in 2017 to fend off bankruptcy action by creditors.
In just 3 decades, Dhirubhai Ambani rose from a clerk to India’s top industrialist, and it was all down to his vision, risk-taking ability and people skills.
Twin courtroom victories give Anil Ambani and his firms a boost.
New Delhi/Mumbai: It’s a good start to the weekend for billionaire Anil Ambani.
The Supreme...
Reliance Communication's shares jumped 12 per cent at 12:31 p.m. in Mumbai after the court order while the benchmark S&P BSE Sensex was up 0.1 per cent.
In a tweet, Rahul Gandhi alleged that the 14-page document submitted to the SC shows that changes in the contract were made without asking the Air Force.
For an industry globally classified as hazardous, protections such as health insurance and a provident fund for workers are necessities. In Sivakasi, they remain elusive.
The industry forecasts exports are set to grow 16% in 2025-26, boosted by surplus domestic production and a drive to push into 26 underserved global markets with strong potential.
Indigenisation level will progressively increase up to 60 percent with key sub-assemblies, electronics and mechanical parts being manufactured locally.
It is a brilliant, reasonably priced, and mostly homemade aircraft with a stellar safety record; only two crashes in 24 years since its first flight. But its crash is a moment of introspection.
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