The telecom operator is working to identify potential investors in US & could also raise part of the funds through other methods such as an offering of equity-linked securities.
The combination of digital & retail is the way forward for Mukesh Ambani’s Reliance as the outlook for energy & materials is gloomy even in the long term.
The fragile investor sentiment for the Anil Ambani group was dealt a blow after its wireless unit, Reliance Communications, said last Friday it plans to file for bankruptcy.
Mukesh Ambani could have more bargaining power over assets of a company he helped dismantle by storming into the mobile phone market with free services.
If Sanae Takaichi truly carries forward Shinzo Abe’s legacy, Japan may finally enter an era of political stability, strategic clarity and meaningful partnerships abroad.
Signalling a shift in how it is positioning itself within the global tourism and remote-work economy, Sri Lanka joins list of countries, led by Estonia, that set up digital nomad visa programmes post COVID-19.
By next weekend, Bangladesh will have an elected government. This is India’s moment to reboot broken ties by moderating the ‘ghuspethiya’ rhetoric in poll-bound West Bengal and Assam.
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