In the company's latest report, Ambani said the company sold minority stakes in Jio Platforms & retail arm for almost Rs 2 lakh crore & raised Rs 53,124 crore through rights issue.
As India struggles with shortage of oxygen, Reliance, Tata Steel, ArcelorMittal Nippon Steel India and JSW Steel have diverted thousands of metric tons of oxygen from their plants.
Amazon had moved the apex court on 8 April challenging Delhi HC order that had vacated a stay on Future Group proceeding with its Rs 24,713 cr asset sale to Reliance.
According to an official, Reliance is diverting some oxygen streams meant for its petroleum coke gasification units after making it suitable for medical use.
A division bench of Chief Justice D N Patel and Justice Jasmeet Singh also issued notice to Amazon on Future Group's appeal challenging the 18 March judgment on the deal.
In 2020, Indian consumers turned to e-commerce sites for essential items and groceries. But Reliance's push to tighten regulations for Amazon and Flipkart will curb this growth.
The companies are part of four consortia preparing to apply for licenses to operate retail payments and settlement systems, with more firms banding together before a 31 March deadline.
Reliance is splitting its business to make it easier to bring in investors and expedite a proposed 20% stake sale to Saudi Aramco. It expects the separation to be completed by September.
Trump’s OBBB is framed to augment domestic semiconductor production and enhance trade protection, even at the expense of certain social programs such as Medicaid, food stamps, and student loans, as well as a projected ballooning federal deficit from US$2.8 to 3.3 trillion
New bill aims to fix key issues with IBC 2016, including delays & patchy implementation, and protect creditors, with window for genuine promoters to retain control of their companies.
Under joint venture, JSW Sarbloh Motors will indigenise and manufacture TX range ATVs in Chandigarh. The first India-assembled unit is expected by early 2026.
Now that both IAF and PAF have made formal claims of having shot down the other’s aircraft in the 87-hour war in May, we can ask a larger question: do such numbers really matter?
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