In the latest development in Sachin Vaze's case, the National Investigation Agency (NIA) said in its charge sheet that Vase, the accused no.1 "procured gelatine sticks (explosive substance) through confidential sources." The charge sheet also revealed that Vase had placed the explosive in the Scorpio vehicle and also left a threat note naming Mukesh Ambani and his family. Furthermore, NIA is investing the case to nab Vaze's aides.… read-more
Courtesy: Deccan Herald
JIoBook, a laptop, product of Reliance Jio partnered with China’s Bluebank Communication Technology and is rumored to be released in the market this festive season. According to reports the device will be supported by a Qualcomm processor along with 4 GB RAM and is priced under INR 30,000. As per listing on the certification website it may come in three different variants to offer customers a varied choice.
Reliance Industries Limited (RIL) Chairman Mukesh Ambani and Adani Group Chairman Gautam Adani have been declared the first and the second richest person of India by the Forbes billionaires list. However, Ambani and Adani secured 12th and 20th spots among the top 20 richest persons in the world. Besides, Amazon's CEO and founder Jeff Bezos topped the ranking, followed by Elon Musk, Bernard Arnault, Bill Gates, and Mark Zukerberg.
Courtesy: The Siasat Daily
Reliance Retail (RIL), owned by Mukesh Ambani may acquire the Indian franchise of the world's largest single-brand restaurant chain, Subway. The acquisition is worth $200-$250 million. This comes in the wake of Subway's Chief Executive John Chidsey's attempts to restructure its sales strategies as it took a hit due to the pandemic. Reportedly, the RIL will gain around 600 Subway stores across India when the acquisition is on board.
Courtesy: Business Today
Mukesh Ambani-owned Reliance Industries (RIL) is in talks to acquire the local search engine Justdial for a whopping Rs 5,920 to Rs 6,660 crore. The deal will help Reliance to leverage the 25-year-old local search engine’s merchant database. In a board meeting to be held on July 16, Justdial will “evaluate” its fundraising plan. The promoters are said to hold a 35.5% stake in the company.
Courtesy: Times Now Digital
With an aim to produce clean energy, Mukesh Ambani announced Rs 75,000 crore investment for the set up of "Giga Factories", on June 24. The factories will be set to up produce solar photovoltaic cells, green hydrogen, batteries, and fuel cells over the next three years to bridge the "green energy divide in India and globally". In the company's shareholders' meeting, he stated that Reliance will be capable of generating 100GW of solar power.… read-more
Chairman of Reliance Industries Ltd Mukesh Ambani announced on June 24 that Jio is bracing for the launch of new JioPhone Next. Reportedly, it will be the most affordable 4G smartphone in the world and partners with Google for the development process. Besides, It will have language translation features, a great camera, and support for the latest Android updates. The phone will go on sale from Sept 10, 2021.
Adani Group's owner Gautam Adani, with a net worth of $67 billion, has surpassed China's Zhong Shanshan ($63.6Bn) to become the second-richest Asian. With the feat, Adani has now bagged the 16th place globally, four behind richest Asian Mukesh Ambani ($76.5Bn). According to Bloomberg's report, Adani's rise began in 2020 since stocks of all his six companies rose, taking the market capitalisation from $20 billion to $115 billion.
Courtesy: The Times of India
Mukesh Ambani’s Reliance Industries Limited has acquired British's Stoke Park for a whopping deal of USD 79 million. In a regulatory filed on April 22, Reliance stated that the firm owning a golf course and a hotel will enhance the hospitality and customer services of the company. Earlier, Reliance running the India's biggest telecom services had acquired leading British toy store 'Hamleys'.
Mukesh Ambani-owned Reliance Industries on April 17 extended its help to Madhya Pradesh's worst-hit city Indore by providing 60 tonnes of medical oxygen. The company sent the oxygen tankers from its Gujarat's Jamnagar plant, and has assured of supplying 100 tonnes of oxygen to Indore every day. Thanking RIL, BJP Indore chief Tulsi Silavat stated it "will be extremely useful for the city." Earlier, Reliance had sent oxygen to Maharashtra.
Courtesy: Times Now