Decathlon is planning to invest €100 million in India over the next five years. This is largely to source more made-in-India goods and also to expand its store network. The French sports retailer has been sourcing products from Indian suppliers since the late 1990s. Watch for more information!
22 Aug 2024Mukesh Ambani’s Reliance Industries Limited (RIL) is set to develop India’s next global economic hub, this time in Navi Mumbai. RIL has secured sub-leases on approximately 3,750 acres of land for ₹13,400 crore. The lease spans 43 years and stems from a memorandum of understanding signed with the Maharashtra government in 2018. Here’s how this will impact the area and the state - watch
10 Jun 2024Billionaire Elon Musk has confirmed that he will be visiting India and meeting Prime Minister Narendra Modi amid buzz that EV maker Tesla is finally scouting for land to set up a factory in the country.
11 Apr 2024Tesla might be looking for a local partner to set up its operations in India, a report claimed. The Hindu Business Line reported citing people in the know that Tesla is in talks with Reliance Industries for a possible joint venture to build the manufacturing facility in India.
10 Apr 2024A massive number of flights and convoys of luxury cars are headed to the coastal city of Jamnagar in Gujarat, as global CEOs, heads of states, Bollywood and sports stars, singers, pop artists, and industrialists are headed to the city to be part of the three-day pre-wedding celebrations of Anant Ambani, younger son of Reliance Industries Limited (RIL) chairman Mukesh Ambani, and fiancee Radhika Merchant, the daughter of Encore Healthcare CEO Viren Merchant, beginning Friday. In this video, Anant Ambani’s mother Nita Ambani shares everything about the wedding and why the Jamnagar was chosen as the venue for the wedding.livemi
1 Mar 2024India’s largest telecom operator wants the government to shut down 2G and 3G services in India. Reliance Jio wants people to migrate to 4G & 5G. Jio says that this will also avoid unnecessary network costs of 2G & 3G, and of course increase the 5G use cases, which affect a lot of things -- like new business models, revenue streams, autonomous vehicles, smart cities, smart factories and other such things. Interestingly, Jio doesn’t have any 2G and 3G networks - they operate solely on 4G & 5G! Here’s why they want a ’2G mukt bharat’ - watch
30 Jan 2024With Adani Group Chairman Gautam Adani still reeling under Hindenburg’s onslaught, Mukesh Ambani has taken the poll position in the list of the richest Indians. Hurun India and 360 Wealth Today recently released the 360 One Wealth Hurun India rich list for the year 2023. According to the list, the net worth of Reliance Industries Chairman Mukesh Ambani saw a four-fold increase since 2014.
12 Oct 2023Reliance’s annual general meeting was held virtually on Monday, August 28. During the 46th AGM, RIL Chairman Mukesh Ambani shared RIL’s business plans for the future. Watch the full video to find out Reliance’s plans to turn carbon neutral, IPOs of JFS & Future retail, 5G network expansion and much more.
28 Aug 2023Reliance Industries Ltd (RIL), led by Mukesh Ambani, is doubling its green energy investment target to ₹1.5 trillion, showing its commitment to sustainability. RIL is progressing on the Dhirubhai Ambani Green Energy Giga Complex in Jamnagar, with investments in solar, wind, and battery manufacturing. It’s competing with Tata and Adani groups in India’s new energy sector. RIL plans to establish 100 GW of solar energy by 2030, build giga factories, and has partnerships with various companies. This push aligns with global trends as companies like ExxonMobil and BP aim for net-zero emissions.
25 Aug 2023The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared
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