Future Enterprises admitted for insolvency

Future Enterprises admitted for insolvency

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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Reliance to set up 10-gigawatt solar energy project in A.P.: Mukesh Ambani

Reliance to set up 10-gigawatt solar energy project in A.P.: Mukesh Ambani

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 completes 20 years at helm of Reliance

Mukesh Ambani completes 20 years at helm of Reliance

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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Ambani says Indian economy to grow 13-fold to  trillion by 2047

Ambani says Indian economy to grow 13-fold to $40 trillion by 2047

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 starts rolling out 5G-enabled public wi-fi

Reliance Jio starts rolling out 5G-enabled public wi-fi

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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Mid-course changes in gas pricing to delay investments: Reliance

Mid-course changes in gas pricing to delay investments: Reliance

‘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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India’s Reliance Jio to launch 4G enabled low-cost laptop at 4: Report

India’s Reliance Jio to launch 4G enabled low-cost laptop at $184: Report

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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Jio 5G across India by Dec 2023: Mukesh Ambani

Jio 5G across India by Dec 2023: Mukesh Ambani

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 […]

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Reliance New Energy to invest  million in U.S. solar tech firm Caelux Corp

Reliance New Energy to invest $12 million in U.S. solar tech firm Caelux Corp

Reliance 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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An opportunity for India Inc

An opportunity for India Inc

Corporate India’s response to the country’s job crisis has been more symbolic than substantial Corporate India’s response to the country’s job crisis has been more symbolic than substantial We live in an age when businessmen command considerable influence in society. Ratan Tata, Mukesh Ambani, and Azim Premji are seen not as wealth creators but as […]

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