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.
Sharif was not part of forum in 2025, nor did WEF officially mention Pakistan's presence in 2025. Accompanying PM will be Finance Minister Muhammad Aurangzeb, Dy PM Ishaq Dar and PPP chief Bilawal.
Pakistan lacks capacity to deliver aircraft at pace suggested by its claimed contracts as it depends on China for avionics, electronic warfare, weapons, and on Russia for engines.
Pakistan not only has zero chance of catching up with India in most areas, but will inevitably see the gap rising. Its leaders will offer its people the same snake oil in different bottles.
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