With RIL's market capitalisation crossing the Rs 11-trillion mark on Friday, Ambani is ahead of Google co-founders Larry Page and Sergey Brin, the 10th and 11th richest, respectively, and behind Zara founder Amancio Ortega on the Forbes Real-time Billionaires List.
'India should take up defence manufacturing in a more serious manner and encourage greater private participation.'
Govt has already approached World Bank seeking termination of contract. The progress of the project was just 20 per cent though the contract was awarded in 2016.
The demand for black oils and specialty products like fuel oil, bitumen, petcoke and sulphur has also shown marked improvement, facilitating increase of refineries throughput.
In a circular dated May 20, Sebi had directed the listed companies to evaluate the impact of Covid-19 on their capital and financial resources, profitability, liquidity position, assets, and ability to service debt. Instead, companies have spoken about the number of plants, warehouses and distribution centres that have resumed operations; work-from-home and safety measures undertaken for employees; and the labour shortage they are facing.
India's harsh lockdown has left companies grappling with temporary closure, chaotic supply chains and depressed demand. Consequently, business plans have been modified.
Several on-site labourers in the city want to take special trains being run to transport workers back home. The rising number of COVID-19 cases in the city has caused anxiety among them.
Of the 171 Mumbai scribes tested on April 15, 53 tested positive on April 20. Of the 53 tested positive, 31 were treated and discharged on April 26. A large number of positive cases and later a quick recovery within less than a week have baffled many. Amritha Pillay reports.
RIL's debt stood at Rs 3.06 trillion as of December 2019, against Rs 2.87 trillion in March 2019.
Arundhuti Dasgupta on the anxiety and logistical challenges of caring for elderly parents during lockdown, especially if they are ailing and live away from you.
'With doctors going up against a seemingly invincible enemy, often at immense risk to their lives, the myths reveal an interesting relationship between the men of medicine and the rest of humankind,' notes Arundhuti Dasgupta.
Experts say the focus is on preserving liquidity as there is uncertainty over the duration and impact of the 21-day nationwide lockdown imposed to check the spread of COVID-19.
According to sources, government officials have asked industry bodies and manufacturers to submit key concerns and requirements to begin manufacturing activity.
In this lockdown, no matter how many similarities the memory dredges up from past events and associations, there is one thing that has no precedent: The isolation that it has imposed on people, reports Arundhuti Dasgupta.
Retailers and multiplex operators want mall owners to either forgo rent for the period of the shutdown or lower rent in the event the mall is open but footfalls are low.
'Manthara wants Kaikeyi to make her son Bharat king of Ayodhya, instead of Rama.' 'She fuels hate and mistrust in her queen, much like what many modern-day viziers are doing, whipping up venom and frenzy among an entire nation,' notes Arundhuti Dasgupta.
'She exists alongside Sita, the archetype of the ideal woman,' notes Arundhuti Dasgupta.
To sell off L&T IDPL, Nabha Power; transfer Hyderabad Metro to an InvIT.
In India, 39 per cent of the sample of a survey said 'very comfortable' for a woman heading the government, higher than 34 per cent who replied with 'very comfortable' for a woman heading a company. However, men are less accepting of such appointments.
'BPCL has always been spoken about as a multinational company though it is State-run... this sets our work culture also apart.'
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