The stakes are high for Elon Musk as his push comes after a 2021 attempt to launch Starlink in India ran afoul of local regulators for taking bookings without a license.
The group is reportedly in talks with Bank of America, Citigroup and Standard Chartered among others for loan to fund the expansion of its oil-to-telecom conglomerate.
Reliance said they got phone calls threatening to kill Ambani, his wife Nita and sons Akash and Anant. The caller also threatened to blow up the Ambanis' residence Antilia.
The laptop, to be called JioBook, will be embedded with a 4G sim card and will be available to customers such as schools and govt institutes from this month, sources said.
Addressing investors at Reliance Industries Ltd’s 45th Annual General Meeting, the billionaire said the company was committed to making India a data-powered economy ahead of China, US.
While Adani group bought spectrum in the 26 GHz band, which is not for public networks, Jio acquired the coveted 700 MHz spectrum that can provide 6-10 km of signal range.
Ambani this week put in motion his own succession plan -- eldest Akash to helm Jio, twin Isha expected to head retail while youngest Anant to preside over oil-to-chemicals business.
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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