The media unit of Reliance, controlled by Mukesh Ambani, and its affiliates are expected to own at least 61% of the merged entity, with Disney holding the rest, the report said.
Terming Vibrant Gujarat Global Summit 2024 'most prestigious investor summit', Reliance Industries's chief promised support to the state's development through investments in the next 10 years.
At RIL's 46th annual general meeting in August, Chairman Mukesh Ambani had shared succession plan for Isha, Akash and Anant Ambani, saying they would take up significant roles the firm.
Lease documents provided by CRE Matrix showed that Burberry Group as well as several brands owned by LVMH, Kering & Richemont have agreed to rent shops in the mall.
Among the 500 businessmen invited are Tata Sons Chairman N Chandrasekaran, billionaire Kumar Mangalam Birla, and Bharti Airtel founder-chairman Sunil Mittal.
The company board has also recommended Ambani children Isha, Akash and Anant to join as non-executive directors of the oil-to-tech conglomerate. Nita Ambani will step down.
The stock will be included in major Indian indices, including the benchmark Nifty 50, but will not trade until it is listed, possibly in the upcoming annual general meeting.
CEO of 3rdiTech & biologist by training, Kapoor was invited to White House during PM Modi’s US visit as part of delegation of Indian entrepreneurs helping build strategic alliances.
Ship of Theseus director Anand Gandhi moved to Goa to synthesise big ideas and build an Indian sci-fi mythiverse with MAYA. ‘In a way, the job title in the East for this enterprise is the Buddha.’
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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