News for 'Reliance World'

Ambanis not relocating to London: Reliance

Ambanis not relocating to London: Reliance

Rediff.com5 Nov 2021

It termed reports of the Ambani family looking to make the 300-acre country club in Buckinghamshire, Stoke Park their primary residence, as 'unwarranted and baseless speculation'.

India Must Not Lower Guard With China

India Must Not Lower Guard With China

Rediff.com7 Jan 2025

The Galwan clash occurred six months after the Doklam disengagement and two high-profile meetings. India should not be caught by surprise once again, asserts former foreign secretary Shyam Saran.

Will Rohit's captaincy lead India to victory at Gabba?

Will Rohit's captaincy lead India to victory at Gabba?

Rediff.com13 Dec 2024

With the series locked at 1-1, Brisbane could well decide the course of the rubber and whether Rohit's men would continue to be the master of their fate in the ongoing World Test Championship.

Why 38% of IIT Graduates Are Unemployed

Why 38% of IIT Graduates Are Unemployed

Rediff.com28 Nov 2024

Out of 24,230 IIT and NIT grads, about 8,000 students didn't find any takers during campus placement drives this year.

From domestic worker's daughter to Olympian: Jyothi Yarraji's inspiring journey

From domestic worker's daughter to Olympian: Jyothi Yarraji's inspiring journey

Rediff.com17 Jul 2024

Jyothi Yarraji ready to put end to his mother's enormous struggles

Hardik, Ananya Light Up Dance Floor

Hardik, Ananya Light Up Dance Floor

Rediff.com12 Jul 2024

Ananya and Hardik reportedly danced to the hit song Badtameez Dil from the movie Yeh Jawaani Hai Deewani.

Who Are India's Newest Billionaires?

Who Are India's Newest Billionaires?

Rediff.com11 Oct 2024

The collective wealth of the 100 richest went past $1 trillion for the first time.

Reliance to acquire Metro AG's India business for Rs 2,850 crore

Reliance to acquire Metro AG's India business for Rs 2,850 crore

Rediff.com22 Dec 2022

Reliance Industries Ltd will acquire German firm Metro AG's wholesale operations in India for Rs 2,850 crore as the conglomerate run by billionaire Mukesh Ambani seeks to strengthen its dominant position in India's mammoth retail sector. "Reliance Retail Ventures Limited (RRVL), a subsidiary of Reliance Industries Ltd, signed definitive agreements to acquire a 100 per cent equity stake in Metro Cash & Carry India for a total cash consideration of Rs 2,850 crore, subject to closing adjustments," said a joint statement. Through this acquisition, Reliance Retail will get access to a network of Metro India stores located in prime locations across key cities, along with a large base of registered kiranas and other institutional customers, and a strong supplier network.

Jio, Airtel roll out special plans to woo cricket fans during World Cup

Jio, Airtel roll out special plans to woo cricket fans during World Cup

Rediff.com6 Oct 2023

With the start of the World Cup cricket tournament, Reliance Jio and Bharti Airtel have rolled out plans to woo cricket fans. Reliance Jio has started offering multiple prepaid plans bundled with Disney+ Hotstar where users will be able to watch World Cup cricket matches. Bharti Airtel has launched two plans, which include unlimited data for 2 days against a payment of Rs 99 and 6GB of additional data with 1-day validity for Rs 49.

Govt plans SPV for aircraft manufacturing in India

Govt plans SPV for aircraft manufacturing in India

Rediff.com4 Sep 2024

The government will set up a special purpose vehicle to push ahead with plans to start manufacturing commercial aircraft in India, Civil Aviation Minister K Rammohan Naidu said on Wednesday as he highlighted the potential of the country's fast-growing aviation sector. The Bhartiya Vayuyan Vidheyak Bill 2024, which was passed by the Lok Sabha in August, includes provisions to regulate the design and manufacturing of aircraft, supporting the Aatmanirbhar Bharat initiative for self-reliance.

Your salary, last year, was more than Mukesh Ambani's!

Your salary, last year, was more than Mukesh Ambani's!

Rediff.com7 Aug 2024

Asia's richest man Mukesh Ambani drew nil salary from his oil-to-telecom-and-retail conglomerate Reliance Industries for the fourth straight year in a row while his children earned a sitting fee and a commission for being on the board of India's most valuable company. Ambani, 67, had capped his annual remuneration at Rs 15 crore from financial year 2008-09 (April 2008 to March 2009) to 2019-20 (FY20); and since FY21, he opted to forego his salary, due to COVID-19 pandemic, until the company and all its businesses were fully back to their earnings potential.

Beware! Markets Headed For Downturn

Beware! Markets Headed For Downturn

Rediff.com26 Nov 2024

Trumponomics, poor growth, and high valuation certainly don't make a bullish recipe for Indian markets, warns Debashis Basu.

PIX: Dravid-PT Usha meet at India House at Paris Olympics

PIX: Dravid-PT Usha meet at India House at Paris Olympics

Rediff.com30 Jul 2024

India House aims to elevate the performances of Indian athletes, support the national sports federations, and build the credentials of India as a global sporting nation, with an aspiration to host the Olympic Games in the future.

World Cup 2023: 'England look like a side that has no confidence'

World Cup 2023: 'England look like a side that has no confidence'

Rediff.com22 Oct 2023

Former skipper Nasser Hussain said reliance on statistics rather than reading the conditions has led to England's downfall in World Cup 2023.

Reliance to invest Rs 75,000 crore in UP in 4 years: Ambani

Reliance to invest Rs 75,000 crore in UP in 4 years: Ambani

Rediff.com10 Feb 2023

Reliance Industries Ltd will invest Rs 75,000 crore in rolling out 5G mobile telephony services, expanding retail network and setting up renewable energy capacity in Uttar Pradesh in the next four years, its chairman Mukesh Ambani said on Friday. Ambani also announced foray of the oil-to-telecom conglomerate into bio-energy business, converting agriculture waste into gas which can be used as fuel in industries, run automobiles or light kitchen stoves. Speaking at the Uttar Pradesh Global Investors Summit 2023 here, Ambani said his group will set up 10 GigaWatts of renewable energy capacity and roll out 5G services across the state in the next 10 months.

Stock rally puts Gautam Adani back in world's 20 richest billionaires list

Stock rally puts Gautam Adani back in world's 20 richest billionaires list

Rediff.com30 Nov 2023

Led by a $6.5 billion surge in personal net worth on Tuesday, Gautam Adani, chairman of the Adani Group, is back in the top 20 of the world's richest list and is now ranked 19th globally. Adani is also now India's second richest with a net worth of $66.7 billion as of Tuesday, per the Bloomberg Rich List, while Mukesh Ambani, chair of Reliance Industries, is ranked number one in India and number 13 in the world with a net worth of $89.5 billion.

Meta partners with Reliance Jiomart to offer grocery shopping on WhatsApp

Meta partners with Reliance Jiomart to offer grocery shopping on WhatsApp

Rediff.com30 Aug 2022

Meta Platforms Inc, the parent company of WhatsApp, will partner with Reliance JioMart for a service where WhatsApp users can buy groceries on the messaging platform from the Indian retail firm. Mark Zuckerberg, chief executive officer (CEO) of Meta Platforms, said in a Facebook post, "[I am] Excited to launch our partnership with JioMart in India. "This is our first-ever end-to-end shopping experience on WhatsApp--people can now buy groceries from JioMart right in a chat." "Business messaging is an area with real momentum and chat-based experiences like this will be the go-to way people and businesses communicate in the years to come," he said in an announcement coinciding with the annual general Meeting (AGM) of Reliance Industries the parent company of JioMart.

BSE 100 companies boost R&D, innovation challenges persist

BSE 100 companies boost R&D, innovation challenges persist

Rediff.com13 Oct 2024

Research and development (R&D) spending by BSE 100 companies has grown steadily, rising from 0.89 per cent of revenue in FY20 to 1.32 per cent in FY24, averaging around 1 per cent over the period in-between, according to data compiled from Bloomberg and company annual reports. Also, these companies more than doubled their R&D spending in absolute terms over these five years: From Rs 25,041 crore to Rs 63,072 crore. While this reflects a prioritisation of innovation, corporate R&D investment remains relatively conservative.

And Radhika-Anant Are Married...

And Radhika-Anant Are Married...

Rediff.com13 Jul 2024

The list of guests included celebrities from across the globe, politicians, the who's who of Hindi and south Indian cinema world and almost all the top cricketers of the country.

'Musk, Vivek biggest threat for China'

'Musk, Vivek biggest threat for China'

Rediff.com24 Nov 2024

United States President-elect Donald Trump's plan to overhaul the government with a new department headed by tech billionaire Elon Musk and Indian-origin entrepreneur Vivek Ramaswamy will be a biggest threat for China as it has to compete with far more efficient US political system, a policy advisor to the Chinese government said.

AI to light the path at India Mobile Congress

AI to light the path at India Mobile Congress

Rediff.com15 Oct 2024

The government is expected to outline a policy framework for artificial intelligence (AI) at the annual India Mobile Congress (IMC) 2024, beginning Tuesday, officials said. Apart from industry participation, the four-day event will feature booths from over 15 ministries showcasing how AI is being integrated into their departments.

Reliance reboots Aramco deal, to re-evaluate structure

Reliance reboots Aramco deal, to re-evaluate structure

Rediff.com19 Nov 2021

After missing two self-imposed deadlines, billionaire Mukesh Ambani's Reliance Industries Ltd on Friday announced recalibration of a proposed $15 billion deal to sell 20 per cent stake in its oil refinery and petrochemical business to Saudi Aramco, saying the two firms have agreed to re-evaluate the proposed investment in light of the Indian firm's new energy forays. The stake sale talks, which were first officially revealed in August 2019, are being reset in light of Reliance making forays into new energy business in recent months by investing $10 billion in alternative energy over three years. To pivot to green energy, it has already bought a German maker of photovoltaic solar wafers and signed a deal with a Danish company to manufacture hydrogen electrolysers in India.

'Want To Take Everybody's Ideas To Space'

'Want To Take Everybody's Ideas To Space'

Rediff.com8 Jan 2025

'To access our satellite, you don't need any IQ test, you don't need to write an examination.' 'You can be a Class 1 student, an engineering student, a 60-year-old person, anybody can access our satellite.'

India's top-order under fire: Can they deliver in 2nd T20I?

India's top-order under fire: Can they deliver in 2nd T20I?

Rediff.com9 Nov 2024

Sanju Samson will look to continue his domination of the bowlers but India need more stability in the top order

Reliance in World Cup ticket controversy

Reliance in World Cup ticket controversy

Rediff.com9 Jul 2014

Rio police say tickets sold to Reliance made their way into black market; firm says it is probing the allegations.

Sachin, Sania, SKY, Pant Bless Anant-Radhika

Sachin, Sania, SKY, Pant Bless Anant-Radhika

Rediff.com13 Jul 2024

Tennis queen Sania Mirza looked like a vision as she arrived to attend Anant Ambani and Radhika Merchant's Shubh Aashirwad ceremony at the Jio World Centre at the Bandra Kurla Complex, north west Mumbai, on Saturday, July 13, 2024.

Reliance Power commissions world's largest solar project

Reliance Power commissions world's largest solar project

Rediff.com12 Nov 2014

The project is the largest investment undertaken by any private sector entity in CSP in India.

155,000 Apply For 91,000 Internships

155,000 Apply For 91,000 Internships

Rediff.com14 Oct 2024

A shortlist using artificial intelligence would be prepared to identify eligible candidates and match them to the suitable internship opportunity. The shortlist would be shared with the companies on Tuesday, October 15.

Engineer arrested for post on bomb threat at Ambani wedding

Engineer arrested for post on bomb threat at Ambani wedding

Rediff.com16 Jul 2024

The Mumbai police were on high alert after an X user @ffsfir wrote a post about the potential threat which reads like "My mind is wondering shamelessly that half the world would go upside down tomorrow after a bomb went off at the Ambani wedding. trillions of dollars in one pin code."

Reliance top-ranked Indian firm on Forbes Global 2000 list

Reliance top-ranked Indian firm on Forbes Global 2000 list

Rediff.com13 May 2022

Billionaire Mukesh Ambani's Reliance Industries Ltd climbed two spots to No. 53 on Forbes' latest Global 2000 list of public companies worldwide. Forbes Global 2000 ranks the largest companies in the world using four metrics: sales, profits, assets and market value, Forbes said releasing the 2022 ranking of the world's top 2,000 companies. Reliance is the top-ranked Indian firm on the list, followed by State Bank of India at No. 105, HDFC Bank at No. 153 and ICICI Bank at No. 204.

Matka Review: Bland :(

Matka Review: Bland :(

Rediff.com15 Nov 2024

Varun Tej's committed performance somehow rescues Matka from being a pointless venture with stylish flourishes and interesting ideas, observes Arjun Menon.

Maiden critical minerals auction: A modest showing

Maiden critical minerals auction: A modest showing

Rediff.com30 Sep 2024

In June last year, India unveiled its first list of 29 critical minerals open for private sector exploration and mining. Since then, 38 critical mineral blocks have been auctioned, but only 14 - less than 37 per cent - have found bidders. This modest achievement was secured only after the Centre conducted a second round of auctions when the first round fell flat, failing to attract the minimum required bidders.

AI Can't Be Left To Techies!

AI Can't Be Left To Techies!

Rediff.com5 Oct 2024

Here is the Brahma Mantra for mankind. So long as the world has leaders with judgement -- humane, compassionate, and no-nonsense in their thinking -- natural intelligence will prevail, notes R Gopalakrishnan.

It is a world very much of double standards: EAM Jaishankar

It is a world very much of double standards: EAM Jaishankar

Rediff.com24 Sep 2023

There is a growing sentiment in the world and the global South in a way embodies it. But there's also political resistance, he said.

Reliance to invest in Abu Dhabi petrochemical hub

Reliance to invest in Abu Dhabi petrochemical hub

Rediff.com29 Jun 2021

Billionaire Mukesh Ambani's Reliance Industries has signed a pact to invest an undisclosed amount in a giant petrochemical hub being built in the UAE. The oil-to-telecom conglomerate will join the recently-formed Ta'ziz joint venture of Abu Dhabi state energy giant Adnoc and state holding company ADQ for developing the Ruwais Derivatives Park in western Abu Dhabi. A company statement said an agreement has been signed for Reliance to invest in the project but did not give details. Unconfirmed reports put the investment at about $1.5 billion.

Will Poonawalla Let Karan Johar Thrive?

Will Poonawalla Let Karan Johar Thrive?

Rediff.com27 Nov 2024

A non-strategic investor like Poonawalla brings in not only capital but also creative freedom. Indian cinema needs more investors like him, reports Vanita Kohli Khandekar.

Rohidas boost for India in bronze play-off vs Spain

Rohidas boost for India in bronze play-off vs Spain

Rediff.com7 Aug 2024

A heart-wrenching defeat in the semi-finals notwithstanding, a demoralised Indian men's hockey team will have to regroup quickly and aim for a second consecutive podium finish at the Olympics when it takes on Spain in the bronze medal play-off in Paris on Thursday.

Lessons For The World From 2023

Lessons For The World From 2023

Rediff.com29 Dec 2023

One looks upon the coming new year with foreboding as current wars in Ukraine and Gaza spill over and escalate and new ones erupt in incipient fault lines across the world, notes former foreign secretary Shyam Saran.

'Always Treat China With Caution'

'Always Treat China With Caution'

Rediff.com7 Nov 2024

'Given China's past behaviour and their territorial claims, should we be sceptical regarding China's willingness to adhere to these agreements fully? The answer is yes.' 'As Ronald Reagan famously said in the context of the SALT talks, 'Trust, but verify!' India should also do the same.' 'This has already begun with foot patrolling, drones, satellite imagery and so on. India's military deployment did mirror China's and will continue to do so in the future.'

The IAF Pilot Who Saved A Jaguar

The IAF Pilot Who Saved A Jaguar

Rediff.com25 Nov 2024

The sky outside was a perfect blue with fair winds on that hot day in July, but inside the Jaguar an emergency was unraveling with every passing second. Wing Commander Vernon Desmond Keane had two options: Eject and see his beloved aircraft crash -- which would come at a great cost to the nation and cause harm to civilian life and property on the ground. Or try the limits of his training; push the aircraft and his flying skills to the edge of technical and human endurance and save them both.