In conversation with Facebook CEO Mark Zuckerberg, Mukesh Ambani talked about Facebook and Jio's partnership and explained how it will benefit India in the long run.
Ambani's push for fast rollout of 5G and scrapping of 2G technology, mainly run by rivals like Airtel and Vodafone, will give unparalleled edge to Reliance Jio, the country’s top wireless operator.
By seeking to stall Ambani’s purchase of Future, Bezos may be signalling he’d rather remain a rival. Or, he’s buying time to sweeten offer currently on table.
The slide also shaved down Mukesh Ambani’s wealth to about $73 billion to mark his worst day since March, according to the Bloomberg Billionaires Index.
Hearing Amazon’s request for an interim order, an arbitration court in Singapore has put temporary hold on Future Group's $3.4 bn deal to sell assets to Mukesh Ambani’s Reliance.
Jio teaming up with Qualcomm for 5G leaves the company immune to political disputes linked to Chinese equipment vendors that global operators are embroiled in.
Ambani's comments come at a time when the govt is trying to revive an economy poised for a historic annual contraction, following the world's strictest Covid lockdown.
Latest Forbes 100 list of richest Indians sees vaccine maker Cyrus Poonawalla as new entry in top 10. Most billionaires on the list from pharmaceutical sectors see steady rise in income.
The net worth of RIL chairman rose up to 73% last year to $88.7 billion. Gautam Adani took the second spot on the list with a net worth of $25.2 billion.
Ventures by Japan, South Korea and Taiwan illustrate how the race for REE security is accelerating, powered by both geopolitical tension and industrial strategy.
ThePrint had previously reported that India & Russia are talking about 5 more regiments of the S-400, but no contracts are to be signed during the Russian president's visit.
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.
“What happens in India is important for the whole world. India’s building local capabilities and tech capacity to power innovative new business models and provide the citizens access to digital financial inclusion. So, decisions that are made here shape the global discussion about how technology can drive more economic opportunity and better outcomes for people,” Ambani boasted.
Just name three world leading Apps, software, innovation, gadgets, technology, research, industry, or anything that Indian or India has ever developed in history. Nil, Nada, Zilch…yet India thinks its very important to the world future.
Chaukidar Godi boasted India is still on track to certainly achieve $5T GDP by 2024 regardless of COVID, further echoed by his crony Ambani.
But they didn’t know it means India has to grow at above 20% p.a. for next 4yrs to meet their boasting.
India dream to become 3rd largest economy in a decade might instead turned out to be a worst humanity disaster in human history, when India failed to achieve 8% GDP p.a. perpetual growth for next 20yrs to create enough 20mils new jobs every year for its explosive 1600 mils population by then.
Its exponential growing poorly educated young population is never a bonus but a time bomb awaiting to explode when jobless rate cross a threshold to disintegrate India.
India jobless rate was highest in 40yrs since 2019 under Modi disastrous economy policies, further worsen by COVID pandemic with no end on sight. With 2020 economy plunging 30%, India may not able to subsidize its 900mils farmers and provides 100mils guaranteed farm jobs of 100days. If unable to reverse economy recession, vicious cycle will suck India into black hole.
“What happens in India is important for the whole world. India’s building local capabilities and tech capacity to power innovative new business models and provide the citizens access to digital financial inclusion. So, decisions that are made here shape the global discussion about how technology can drive more economic opportunity and better outcomes for people,” Ambani boasted.
Just name three world leading Apps, software, innovation, gadgets, technology, research, industry, or anything that Indian or India has ever developed in history. Nil, Nada, Zilch…yet India thinks its very important to the world future.
Chaukidar Godi boasted India is still on track to certainly achieve $5T GDP by 2024 regardless of COVID, further echoed by his crony Ambani.
But they didn’t know it means India has to grow at above 20% p.a. for next 4yrs to meet their boasting.
India dream to become 3rd largest economy in a decade might instead turned out to be a worst humanity disaster in human history, when India failed to achieve 8% GDP p.a. perpetual growth for next 20yrs to create enough 20mils new jobs every year for its explosive 1600 mils population by then.
Its exponential growing poorly educated young population is never a bonus but a time bomb awaiting to explode when jobless rate cross a threshold to disintegrate India.
India jobless rate was highest in 40yrs since 2019 under Modi disastrous economy policies, further worsen by COVID pandemic with no end on sight. With 2020 economy plunging 30%, India may not able to subsidize its 900mils farmers and provides 100mils guaranteed farm jobs of 100days. If unable to reverse economy recession, vicious cycle will suck India into black hole.