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How Reliance managed to stay afloat amid Covid blues

How Reliance managed to stay afloat amid Covid blues

Rediff.com12 Jul 2021

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.

At a Glance: Jio's stake sale

At a Glance: Jio's stake sale

Rediff.com24 Aug 2020

Jio Platforms is expected to use its 388 million mobile phone subscribers as the cornerstone of an e-commerce and digital services business to rival Amazon and Walmart's Flipkart.

How to use social media effectively

How to use social media effectively

Rediff.com26 Nov 2014

Your content is the key to getting likes on Facebook, whether it's for a brand or an individual, says Zafar Rais, founder and CEO at Mindshift Interactive.

How Kishore Biyani plans to woo more customers

How Kishore Biyani plans to woo more customers

Rediff.com11 Dec 2017

Future Group aims to increase customer spends - average of Rs 20,000 over 10 visits at its stores in a year

'Tech shouldn't hinder a teacher from being a teacher'

'Tech shouldn't hinder a teacher from being a teacher'

Rediff.com18 Aug 2020

'We are trying to empower teachers in the entire country because online teaching is very, very, complicated.'

The Buddhist Who May Bring Home The Oscar

The Buddhist Who May Bring Home The Oscar

Rediff.com11 Mar 2022

'The richness of Buddhism makes it possible for us to create these stories and to interpret them.'

Obama appoints Indian-American DJ Patil as first US chief data scientist

Obama appoints Indian-American DJ Patil as first US chief data scientist

Rediff.com19 Feb 2015

Patil will help shape policies and practices to help the US remain a leader in technology and innovation.

WhatsApp looking to double users base in one year

WhatsApp looking to double users base in one year

Rediff.com14 May 2014

Responding to a question, Arora said that the whooping $19 billion raised through Facebook is being kept in the bank.

Netflix Next Gen: Change is coming

Netflix Next Gen: Change is coming

Rediff.com16 Sep 2017

First phase of online video's growth is over. Netflix, Amazon developing new content ecosystem.

Nikesh Arora warns startups of burning money to scale business

Nikesh Arora warns startups of burning money to scale business

Rediff.com14 Oct 2015

People in India haven't seen what happens if the environment gets sour, the Softbank vice-chairman said.

Media rights ensure another big pay day for BCCI

Media rights ensure another big pay day for BCCI

Rediff.com3 Apr 2018

The e-auction of television and digital rights, a first in cricket, was not concluded but the Indian board (BCCI) received a bid of 44.4 billion Indian rupees ($683 million) for consolidated global rights from an unidentified bidder.

Microsoft joins other tech giants in fighting online snooping

Microsoft joins other tech giants in fighting online snooping

Rediff.com5 Dec 2013

The US-based firm, however said it does not have any direct evidence of customer data being breached illegally by the government.

The curious case of Jack Ma's India plans

The curious case of Jack Ma's India plans

Rediff.com20 Aug 2020

Jack Ma who had five years ago said he was inspired and excited by "Make in India" possibly understood the essence of the signature campaign better than some others and decided to stay away from India other than as an investor, says Nivedita Mookerji.

'Billions' of records at risk from mobile app data flaw

'Billions' of records at risk from mobile app data flaw

Rediff.com17 Jun 2015

Passwords, addresses, photos, medical data all at risk

A wireless revolution sweeps India

A wireless revolution sweeps India

Rediff.com29 Nov 2007

With young people and others using their phones for texting, e-mail, and Web surfing, it's an increasingly wireless way of life on the Subcontinent.

6 START-UP ideas you can launch from HOME

6 START-UP ideas you can launch from HOME

Rediff.com17 Feb 2021

Rohit Gawli, CEO, Lokal Kitchen, a food-tech company, tells you how to start a business from the comfort of your home.

Yahoo buys mobile app co Qwiki

Yahoo buys mobile app co Qwiki

Rediff.com3 Jul 2013

With acquisitions the internet giant is trying to increase its presence in smartphones and tablets.

Trump signs executive order aimed at regulating Twitter, FB

Trump signs executive order aimed at regulating Twitter, FB

Rediff.com29 May 2020

The order comes a day after Trump accused Twitter of election interference, after it added fact-check links to two of his tweets.

iPhone privacy: Apple grapples with internal conflicts

iPhone privacy: Apple grapples with internal conflicts

Rediff.com21 Mar 2016

Apple is loathe to use customer data to deliver targeted advertising.

Niggling issues in India-US mini trade deal mostly addressed: Commerce Secy

Niggling issues in India-US mini trade deal mostly addressed: Commerce Secy

Rediff.com4 Feb 2021

India has demanded resumption of export benefits to certain domestic products under GSP, and greater market access for its products from sectors like agriculture, automobile, auto components and engineering. On the other hand, the US wants greater market access for its farm and manufacturing products, dairy items and medical devices, data localisation, and import duties cut on some ICT products.

Silver Lake picks 1.75% stake in Reliance Retail for Rs 7,500 cr

Silver Lake picks 1.75% stake in Reliance Retail for Rs 7,500 cr

Rediff.com9 Sep 2020

This marks the second billion-dollar investment by Silver Lake in a Reliance subsidiary after the $1.35 billion investment in Jio Platforms.

Why are the TikTokers struggling?

Why are the TikTokers struggling?

Rediff.com14 Sep 2020

Two months after TikTok ban: Influencers busy rebuilding their fan base as homegrown apps enjoy 'gold rush'.

Old India is still sceptical about investing in start-ups

Old India is still sceptical about investing in start-ups

Rediff.com16 Aug 2019

Though startups find 17 mentions in the Budget speech of the finance minister, and have been promised tax exemptions, the reality is that only 2 per cent of the 4,648 applications received from startups for income tax exemption had been approved as of February 2019, according to an answer to a Parliament question. As India's startup space bubbles with activity - new, young players are tapping into opportunities opening up - there are local anti-portfolio stories circulating about investors missing opportunities in 'unicorns', or companies that have reached valuation of $ 1 billion, says Vandana Gombar.

Isha, Akash Ambani, Byju's Raveendran debut in Fortune's list

Isha, Akash Ambani, Byju's Raveendran debut in Fortune's list

Rediff.com2 Sep 2020

This year's list includes 40 influential people under 40 years of age in five categories -- finance, technology, healthcare, government and politics, and media and entertainment.

Modi, Sania, Priyanka among Time probables for most influential people

Modi, Sania, Priyanka among Time probables for most influential people

Rediff.com24 Mar 2016

Prime Minister Narendra Modi, tennis star Sania Mirza and actor Priyanka Chopra are among the probable contenders named by the Time magazine for its annual list of the most influential people in the world.

With CEO shakeup, Twitter under pressure to please advertisers

With CEO shakeup, Twitter under pressure to please advertisers

Rediff.com15 Jun 2015

Adam Bain, the company's president and head of revenue, has emerged as an early favorite.

Saudi Arabia's PIF invests Rs 9,555 cr in Reliance Retail

Saudi Arabia's PIF invests Rs 9,555 cr in Reliance Retail

Rediff.com5 Nov 2020

Billionaire Mukesh Ambani-run Reliance Industries Ltd's retail arm on Thursday raised Rs 9,555 crore from Public Investment Fund (PIF) of Saudi Arabia, taking total fundraise in the last two months to Rs 47,265 crore. PIF will take a 2.04 per cent stake in Reliance Retail Ventures Ltd (RRVL), the Indian firm said in a statement. The investment values RRVL, the retail arm of Reliance Industries Ltd, at a pre-money equity value of Rs 4.587 lakh crore.

50 more start-ups likely to join unicorn club in year or two

50 more start-ups likely to join unicorn club in year or two

Rediff.com20 Apr 2021

There seems to be no dearth of funds to fuel this growth, report Peerzada Abrar and Shivani Shinde.

2020 US Presidential election to be most expensive in history

2020 US Presidential election to be most expensive in history

Rediff.com29 Oct 2020

The Center for Responsive Politics said that an 'extraordinary influx' of political donations in the final months -- driven by a Supreme Court battle and closely watched races for the White House and Senate -- pushed total spending in the election past the previously estimated 11 billion dollars figure.

Infosys money to help teach computer science to American kids

Infosys money to help teach computer science to American kids

Rediff.com30 Apr 2015

Its aim is to make computer programming accessible for everyone.

Here's how Kashmiris dodge internet ban

Here's how Kashmiris dodge internet ban

Rediff.com17 May 2017

The ruling People's Democratic Party has also used Twitter to put out press releases and at times counter the criticism levelled by opposition parties.

Data protection: Candid views of Rishad Premji

Data protection: Candid views of Rishad Premji

Rediff.com19 Sep 2018

"Critical data which has to be resided in India is an important component that needs to be clarified, as this will be arguably uncovered on an ad hoc basis as we move forward."

Ludo or Rummy? What's your choice?

Ludo or Rummy? What's your choice?

Rediff.com29 Jul 2020

These games of skill with a large social component have managed the transition to a new online avatar.

Lack of privacy law reason behind WhatsApp petition

Lack of privacy law reason behind WhatsApp petition

Rediff.com7 Apr 2017

Hearing from Apr 18 by five-judge SC bench against WhatsApp, FB move; Centre, Trai also summoned

The Indians who broke the Internet in 2018

The Indians who broke the Internet in 2018

Rediff.com19 Dec 2018

From the winking girl to the dancing amputee, these people won over the Internet and our collective hearts.

Airtel overtakes Jio for first time in new 4G subscriptions

Airtel overtakes Jio for first time in new 4G subscriptions

Rediff.com2 Nov 2020

Analysts say that Jio's substantial slowing down in net additions is possibly because the company has dramatically reduced its bundled 4G feature phone offering, which contributed an average 30-40 per cent of its net additions.

Reliance Retail raises Rs 7,350 crore from 2 investors

Reliance Retail raises Rs 7,350 crore from 2 investors

Rediff.com3 Oct 2020

Billionaire Mukesh Ambani's Reliance Industries Ltd on Friday announced to raise Rs 7,350 crore from two investors -- Singapore's sovereign wealth fund GIC and Global alternative asset firm TPG -- by selling a stake in group's retail arm.

COVID-19 lockdown: How cyber criminals cheat YOU

COVID-19 lockdown: How cyber criminals cheat YOU

Rediff.com28 Apr 2020

'There has been a marked increase in four types of cases.' 'One is fraud related to online deliveries, online shopping and online groceries and liquor.' 'Second fake news, third hate speech and fourth sextortion.'

Is the Nokia 8.1 worth Rs 26,999?

Is the Nokia 8.1 worth Rs 26,999?

Rediff.com22 Jan 2019

The software is pure Android, the fingerprint sensor is 99 per cent accurate and very responsive and the notch doesn't bother me yet, says Veer Arjun Singh.

Exploride earns over $500,000 in 40 days of its global launch

Exploride earns over $500,000 in 40 days of its global launch

Rediff.com9 Oct 2015

The company plans to add more features to its gadget, will expand its workforce and raise $10 million in venture capital fund.