Purified terephthalic acid or PTA, used in manufacture of polyester, is important for textile industry. Reliance is among world's largest producers of the chemical.
The Hamleys acquisition is the latest in a string of purchases in Ambani’s push into consumer business & will add heft in battle with Amazon & Walmart.
Rosneft, the Russian state-owned oil behemoth, has large interests in India. Reliance has a contract to purchase 500,000 barrels of crude per day from the firm.
Fresh details of operation conducted by IAF, Army have come out in gazette notification giving citations of those who were awarded Vir Chakra for their bravery.
Education, reservations, govt jobs are meant to bring equality and dignity. That we are a long way from that is evident in the shoe thrown at the CJI and the suicide of Haryana IPS officer. The film Homebound has a lesson too.
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