The pivot towards a greener, cleaner version of itself won’t be an easy one for Reliance industries, which got about 60% of revenue from its hydrocarbon-fueled energy operations in FY20-21.
Ankit Desai will work as a subcontractor to law firm Eversheds Sutherland US LLC, which represents Reliance in matters related to Venezuelan sanctions imposed during the Trump admin.
For many manufacturing firms in India, Modi govt's decision to open up vaccinations for all & allow private sector to directly purchase vaccines was a long pending demand.
A unit of Reliance Industries will buy Stoke Park, which owns and manages a hotel, sports and leisure facilities in Buckinghamshire, adding to its consumer and hospitality assets.
Saudi's Public Investment Fund, a sovereign wealth fund, will pick a 2.04% stake in Mukesh Ambani's Reliance Retail and will be its third investment in the conglomerate.
The slide also shaved down Mukesh Ambani’s wealth to about $73 billion to mark his worst day since March, according to the Bloomberg Billionaires Index.
Ambani's comments come at a time when the govt is trying to revive an economy poised for a historic annual contraction, following the world's strictest Covid lockdown.
With the latest investment, Reliance Retail has raised 377.1 billion rupees from global investors including Silver Lake, KKR, General Atlantic, Mubadala, GIC, TPG & ADIA in less than 4 weeks.
Reliance Industries, owner of world’s largest refining complex, signed a deal to purchase 2 million barrels of heavy Canadian oil a month for next 6 months.
Unlike his colleagues from the time of the BJS, several of whom became governors and held other constitutional posts, Malhotra chose to lead a quiet and simple retired life after the massive 2014 victory of the BJP.
SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.
Since 1815, Nepali Gorkhas have served in Indian & British Armies, as well as in Bihar, Bengal & Assam Police. Since Agnipath scheme came in, no Nepal-domiciled Gorkha has enlisted.
What Munir has achieved with Trump is a return to normal, ironing out the post-Abbottabad crease. The White House picture gives us insight into how Pakistan survives, occasionally thrives and thinks.
COMMENTS