Mukesh Ambani. File photo Mukesh Ambani’s Reliance Consumer Products Limited will set up an integrated manufacturing facility in Tamil Nadu, entailing investments worth ₹1,156 crore. Tamil Nadu’s Industries Minister T.R.B Rajaa, in a post on X, said that the facility will come up at SIPCOT Allikulam industrial park in Thoothukudi. “This facility will span 60 […]
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Image for representational purpose only. | Photo Credit: Reuters After Future Retail, another Kishore Biyani company Future Enterprise has been admitted to insolvency resolution, requiring the firm to be auctioned to recover unpaid dues. In a regulatory filing, Future Retail said the Mumbai bench of the National Company Law Tribunal on March 7 “ordered the […]
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Chief Minister Y.S. Jagan Mohan Reddy shares a lighter movement with the MD of Reliance group Mukesh Ambani at the inaugural session of the Andhra Pradesh Global Investors’ Summit in Visakhapatnam on March 3, 2023. | Photo Credit: K.R Deepak Reliance Industries Chairman Mukesh Ambani on Friday said his group will be investing in Andhra […]
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Mukesh Ambani, who took over the reins of Reliance Industries Ltd (RIL) after the sudden demise of his legendary industrialist father Dhirubhai Ambani, completes 20 years at the helm during which the company saw a 17-fold jump in revenues, 20-times surge in profit and has become a global conglomerate. Following Dhirubhai’s death in 2002, Mr. […]
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Reliance Industries Ltd Chairman Mukesh Ambani addresses the 10th convocation ceremony of Pandit Deendayal Energy University via a video conference on November 22, 2022. | Photo Credit: PTI India is likely to become a $40 trillion economy by 2047 — a 13-fold jump from its current size — driven primarily by a clean energy revolution […]
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Reliance Jio has plans to cover the entire country with 5G services by December 2023 and it has simultaneously started out 5G-enabled wi-fi services Reliance Jio has plans to cover the entire country with 5G services by December 2023 and it has simultaneously started out 5G-enabled wi-fi services Reliance Jio has launched 5G-enabled wi-fi service […]
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‘The mid-course changes through price caps not just go against pricing and marketing freedom contracts and government policy promises to companies but also add to uncertainty to a fiscal regime which would impact investments’ ‘The mid-course changes through price caps not just go against pricing and marketing freedom contracts and government policy promises to companies […]
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Reliance Jio will launch a budget laptop priced at $184 (15,000 Indian rupees) with an embedded 4G sim card, aiming to replicate the success of its low-cost JioPhone in India’s highly price-sensitive market, two sources told Reuters. The Mukesh Ambani-led conglomerate has partnered with global giants Qualcomm and Microsoft for the JioBook, with the former […]
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Reliance Industries in August announced the rollout of 5G services from four metro cities of Delhi, Mumbai, Chennai and Kolkata by Diwali Reliance Industries in August announced the rollout of 5G services from four metro cities of Delhi, Mumbai, Chennai and Kolkata by Diwali Reliance Jio, the nation’s biggest telecom firm, will expand 5G telephony […]
Continue ReadingReliance New Energy Ltd (RNEL), a wholly owned subsidiary of Reliance Industries Ltd has signed definitive agreements to invest in Caelux Corporation, a company headquartered in Pasadena, California, in the U.S. engaged in the development of perovskite-based solar technology. RNEL will invest $12 million to acquire a 20% stake in Caelux. “This investment will accelerate […]
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