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.
Ambani, valued at almost $91 billion, is said to be considering several succession plans including one that shares elements with that of Walmart’s Walton family.
New Delhi: Billionaire Mukesh Ambani on Wednesday pitched for using the USO Fund to subsidise smartphones for select groups to help penetrate the digital...
Reliance Capital joins a long list of Indian shadow banks that have keeled over since the sudden collapse of infrastructure financier IL&FS Group in September 2018.
The Reliance empire was plunged into uncertainty in 2002 when Dhirubhai Ambani died without a will, subsequently sparking a years-long battle for control between brothers Mukesh and Anil.
Gaur was the first accused in the case to be granted bail. The court stayed the order for 25 days after the prosecution requested that they wanted to challenge it before a higher court.
The cabbie informed the cops that two suspected passengers carrying bags had asked him about the location of Ambani's residence Antilia, an official said.
The most geopolitically consequential dimension is Donald Trump’s attempt to anchor a US-Russia reset into this peace package. This includes diplomatic and economic ties.
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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