Billionaire Mukesh Ambani-led Reliance Industries Ltd's plans for investing Rs 75,000 crore in solar, batteries, fuel cells and hydrogen could create valuation of $36 billion (Rs 2.6 lakh crore) for the new energy business, Wall Street brokerage Bernstein Research said in a report. Reliance currently has three verticals -- oil-to-chemical (O2C) business that houses its oil refineries, petrochemical plants and fuel retailing business; digital services that comprises telecom arm Jio; and retail including e-commerce. New Energy will be the fourth vertical. At the company's annual general meeting of shareholders last month, Ambani announced a plan to invest Rs 75,000 crore in a new energy business over the next 3 years in the next stage in its transformation.
Hitesh Harisinghani/Rediff.com meets the Mumbaikars protesting the decision to relocate the Metro carshed in the city's Aarey Colony forest, an ecological disaster.
Holding placards, the protesters raised slogans against the new government's proposal to shift the Metro-3 car shed project back to Mumbai's Aarey forest, an 1,800-acre area that is often termed as the megalopolis's 'green lung'.
Undisclosed income has been detected in respect of 10 assessee groups which included those linked to AIADMK leader V K Sasikala.
They raised slogans against the Bharatiya Janata Party and the central agencies.
Most of the land, in small fragments, was lying barren.
Apart from leopards, a wide range of species of flora and fauna is found in the Aarey forest, an 1,800 acre area termed as the city's 'green lung', located in suburban Goregaon and adjacent to the Sanjay Gandhi National Park.
The mosque is coming up in the Uttar Pradesh district pursuant to the Supreme Court verdict in the Ram Janmabhoomi case.
According to the government, it symbolises a shift from erstwhile Rajpath being an icon of power to Kartavya Path being an example of public ownership and empowerment.
With both Serbia and Cameroon desperate for points after their opening defeats, they played out one of the most entertaining games of the tournament
Notably, after coming to power in November 2019, the then MVA government scrapped certain policy decisions of its predecessor BJP-Shiv Sena government led by Fadnavis.
Prime Minister Narendra Modi will on Thursday inaugurate the newly-christened Kartavya Path -- a stretch from Rashtrapati Bhavan to India Gate that will have red granite walkways with greenery all around, refurbished canals, state-wise food stalls, new amenity blocks and vending kiosks.
With sporting events being put on hold due to the ongoing COVID-19 crisis, most of the sports stars have been spending time with their families. Sakshi shared a video of Dhoni giving their daughter Ziva a bike ride inside their lavish farmhouse in Ranchi.
The elegant architecture, tree-lined roads, delightful gardens, delicious food, art and military history make Chandigarh an ideal short-trip destination.
With the Maharashtra government doling out pieces of the lush green Aarey forest to various utilities, the tribals living in it for generations are feeling increasingly insecure. Hepzi Anthony reports.
The Supreme Court on Tuesday dismissed a plea challenging the change in land use of a plot where the new official residence of the vice president will come up as part of the ambitious Central Vista project in Lutyens' Delhi.
Birsa Munda International Hockey Stadium in Sundargarh district will be packed to the rafters during the FIH Men's Hockey World Cup.
More than a year of Covid-19 has pushed most businesses into gloom but Reliance Industries Ltd (RIL) managed to reduce its gross debt 25 per cent, enabling it to turn towards its next phase of capital expenditure that has come in the form of a Rs 75,000-crore plan for green energy and power storage. The company managed to stay afloat during the pandemic because of its large presence in the consumer-centric businesses of retail and telecommunication (see chart: "A new Reliance"). These two businesses constituted 45 per cent of its EBITDA during FY21 from 36 per cent in FY20.
The Centre and the Shiv Sena-led Maha Vikas Aghadi government in Maharashtra are locked in a tussle over ownership of the land earmarked by the state for constructing the car depot which was earlier planned at Aarey Colony, a green belt in suburban Goregaon.
In his televised address to the people, a day after the state government extended the coronavirus-induced lockdown till May 31, Thackeray said that 50,000 industrial units have already resumed their activities in the state.
The farmers of Khentia are now working in tandem with the IIT team.
Reliance Industries Ltd's focus on the next hypergrowth opportunities in clean tech and its path to decarbonisation has the potential to spur re-rating, raises clarity on investment cycles and reduces investor worry, brokerages said. RIL chairman Mukesh Ambani at the company's 'Green AGM' on Thursday committed Rs 75,000 crore over the next three years to set up an integrated Green Energy Giga Complex across 5,000 acres in Jamnagar, Gujarat which will contain four giga factories. The complex, which would be one of the world's largest renewable manufacturing facilities, would have an integrated solar photovoltaic module factory, an energy storage battery factory, electrolyser manufacturing for hydrogen production, and manufacturing of fuel cells so that hydrogen can be used in transportation.
Coimbatore-based environmental activist R Manikandan, was named the South Zone Water Warrior by the Government of India's Jal Shakti ministry.
The 102-acre government land at Kanjurmarg was handed over to the MMRDA on October 6.
'The RSS has opposed the introduction of GM Mustard tooth and nail, but PM Modi does not give a hoot for what they think.'
Between bad writing, hysterical acting and a shoddy blend of CGI and the real deal, Haathi Mere Saathi completely neglects the message of saving our elephants, feels Sukanya Verma.
As we celebrate Dr Babasaheb Ambedkar's birthday on April 14, Subhash K Jha picks 5 fine films based on inequality and the caste system.
The school was run on strict Gandhian lines, with stress on students doing things themselves. Physical comforts were minimal, in keeping with the relatively backward geographical area. But it had a staff of teachers dedicated to educating their students, not just imparting them book-learning, remembers Shreekant Sambrani.
In the early part of 1800, a 30-acre plot next to Fort Gloster on the banks of river Hooghly in Howrah district of Bengal was the nerve centre of industrial activity; it housed India's first steam-powered cotton mill, Bowreah Mills, which was set up by a British merchant and went on to become a hub of factories - a rum distillery, foundry, cotton yarn factory, an oil mill and a paper mill, et al. Spearheaded by Dwarkanath Tagore, the industrialist grandfather of Rabindranath Tagore, the commercial complex was possibly the first of its kind in the country. Close to 200 years later, after much ebb and flow of history, the hub is set for a resurgence of sorts.
Both these online offers are, however, available for a limited period.
This is the story of a biotechnology engineer who, at age 22, founded Terra Greens Organic -- a company that aims to engage at least 10,000 farmers in organic farming in the next one year.
Reading books will make you curious, build your imagination and nourish your brain into an organic super power.
Iqbal Ansari, one of the main plaintiffs who fought for the right of the community over the disputed land, says Muslims in Ayodhya won't be satisfied if the Sunni Waqf Board accepts the five acres in Dhannipur.
Ditch that foreign trip! Here are all the reasons why you totally must pack your bags and travel in India first!
'Government intervention in agricultural trade is a problem for farmers.'
Seven farmers, same woes. Their stories represent thousands like them who have marched more than 200 kilometre from Nashik to Mumbai seeking redressal of their woes.
A PhD student of Jawaharlal Nehru University was allegedly molested while walking on the campus around midnight on Monday, sparking a protest by students and bringing into the spotlight again the issue of security in the vast complex.
Nandigram, 126 km south of Kolkata, is Suvendu Adhikari's bastion, where he has vowed to defeat Mamata Banerjee by 50,000 votes or quit politics.
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