Adani’s conglomerate is expanding a controversial mine in Australia to meet demand. While Ambani is snapping up distressed crude-oil cargoes at discounts to feed Reliance's refining complex.
Debt-laden Future Retail's offshore bondholders were promised 100% payment in the rescue offer from Ambani but Indian lenders were asked to take a haircut of as much as 66%.
The top 10 Indians in the Forbes list also include Shiv Nader, Cyrus Poonawalla, Radhakishan Damani, Lakshmi Mittal, Savitri Jindal, Kumarmangalam Birla, Dilip Sanghvi and Uday Kotak.
For the first time, the rights to broadcast IPL matches on television and to stream them online will be sold separately, opening the door to Amazon and its Prime video service.
Mukesh Ambani & Gautam Adani tiptoed around each other for years to reach the top two rungs of Asia’s wealth ladder, but a confrontation between them now looks almost guaranteed.
Jio Platforms has entered into a joint venture with Luxembourg-based SES to deliver the next generation scalable and affordable broadband services in India.
RIL is in the middle of a Rs 6 trillion clean-energy push. So, it makes sense for Ambani to back a technology that’s as cheap as traditional lead-acid batteries.
Mukesh Ambani, Asia’s richest person, is investing in technology as competition from rivals such as Amazon intensifies in India’s booming e-commerce market.
Reliance succession will be underpinned by the emergence of at least 3 superstar businesses, each of which will aim for a very large share of profit in its particular industry.
Jio is seeking commitments for as much as Rs 5,000 crore of notes maturing in 5 years at a coupon of 6.20%. The firm last tapped the rupee bond market in July 2018.
The dynamics between Europe and Russia have gone so south that mending fences looks like an uphill task—even as the US swings between sanctions and olive branches.
Centre for Science and Environment in new report makes case for rationalising GST on waste material, saying most informal operators can’t afford high tax & it also hinders recycling.
For the first time, 2 Agniveers were awarded the Sena Medal for Operation Sindoor roles, among others. A 3rd Agniveer received a Mention in Despatches.
Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.
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