Indian business landscape favours firms that are either substantially owned by a family, or controlled by a multinational. To come out ahead, Invesco might need to tweak its tactics.
Investment in Manish Malhotra, stylist to the biggest stars, speaks of Ambani’s wider aim of transforming Reliance Industries Ltd, lessening its dependence on oil-refining and petrochemicals businesses.
Reliance acquired solar panel manufacturer REC Solar Holdings for $771 million and agreed to acquire 40% of Pallonji Mistry’s Sterling & Wilson Solar, valued at $372 million.
The verdict is a crucial victory for Ambani as his telecom firms are in bankruptcy and he is contesting a personal insolvency case lodged by the country’s largest lender.
If the device is a hit, there will be a surge of customer data that can stand in for collateral. A small band of policy influencers could help banks get their hands on it.
Reliance, among India's top carbon emitters, gets nearly 60% of its annual revenue from the more polluting oil-to-chemicals business. Shifting dramatically away from it is difficult.
Shares in Reliance extended gains to as much as 2.6% after reports of a possible deal between Reliance & Aramco after more than two years of negotiations.
In a statement Friday, Maharashtra Industrial Development Corporation said Reliance Life Sciences will invest Rs 2,100 crore on a research and manufacturing facility in Dindori, Nashik.
Supreme Court verdict is a setback for Ambani, who owns India's largest retail chain but was relying on Future’s brick-and-mortar stores to add to its footprint.
While private sector has been efficient in procuring shots to speed up India's vaccine drive, it accounts for less than 20% of the workforce, underscoring the wide disparity in vaccine access.
The minerals that Pakistan purports to offer to the US are either in quantities too small to matter, of a type that the US does not need, or would be much more easily sourced from other partners.
Open to public feedback until 26 November, the revised guidelines, among other changes, give CA firms more flexibility to advertise & promote their services.
Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.
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