Billionaire Mukesh Ambani on Monday laid bare the succession plan at India's most valuable company, identifying twins children Akash and Isha for telecom and retail leadership, and youngest son Anant for new energy unit. He, however, insisted he isn't retiring yet and will "continue to provide hands-on leadership as before". At the annual shareholders' meeting of Reliance Industries Ltd, he said the robust architecture that he has announced will ensure the firm remains "a unit, well-integrated and secure institution even as it develops existing businesses and adds new growth engines."
'Crony capitalism will gain due to these Acts.'
Mukesh Ambani has resigned from the board of his group's telecom arm, Reliance Jio and handed over the reins of the company to elder son Akash, a step seen as succession planning by the 65-year old billionaire. In a stock exchange filing, Reliance Jio Infocomm said the company's board at a meeting on June 27, "approved the appointment of Akash M Ambani, non-executive director, as chairman of the board of directors of the company." This comes after his father resigned with effect from close of working hours on June 27, it said.
'God has given me everything -- wealth, success, a good wife and good friends. I wish He gives me good health.'
Serum Institute has the capacity to make 250 million doses of Covishield monthly.
Putin's idea was to attack his neighbouring country, he has to stop and then only we can find a solution, said the German ambassador.
The PFI is alleged to have been continuously involved in anti-government propaganda and spreading the narrative that Muslims were being persecuted in India.
India believes no country would emerge victorious in the Russia-Ukraine war as all will suffer losses and there will be a "more serious" impact on developing and poor countries, Prime Minister Narendra Modi said on Monday after holding talks with German Chancellor Olaf Scholz as both leaders reiterated the need for an immediate cessation of hostilities.
State-owned companies have been set stiff targets to increase accountability as they get ready for divestment. Nikunj Ohri explains why meeting them will be challenging.
As part of the agreement, McDonald's has acquired 50 per cent voting equity shares in Connaught Plaza Restaurants, held by Bakshi and his affiliated entity since inception.
According to sources, the government has worked out possible solutions to the provisions on which farm leaders have raised objections.
The former CJI was criticised for being part of a special bench set up to hear a suo motu case titled 'In Re: Matter of Great Public Importance Touching upon the Independence of the Judiciary' on a Saturday on April 20, 2019.
Situated at a height of 15,200 feet above sea level, the pass sits on the top of a craggily formed Himalayan range that separates the Tibetan plateau from the Indian sub-continent.
The government has filed a lawsuit against Swiss food firm Nestle's Indian unit, seeking Rs 640 crore ($99 million) in damages on behalf of consumers after the country's worst packaged food scare in a decade.
The situation is now under control in the area, which is on the border between the Kolasib district of Mizoram and Cachar district of Assam.
From the kind of food to the art which will be displayed at the museum, historian Pushpesh Pant shares his vision.
Miffed hotels, restaurants stare at huge losses on account of advance planning for events that they now have to shelve.
Kiran Vissa, co-convenor of National Alliance for Sustainable Agriculture, said that amendments to the EC Act have nothing to do with farmers' welfare but instead meant to please big players and agriculture companies. This is because small and marginal farmers don't have the storage capacity to attract provisions of the EC Act.
Stalin's personal intervention in the Adheenam row may have contained the avoidable political damage and social tensions at least for now, observes N Sathiya Moorthy.
'People are distressed that the central government is fighting everyone'
Food safety has hit headlines in India after government food safety inspectors found excess lead in packets of Nestle's Maggi instant noodles.
Three union ministers -- Agriculture Minister Narendra Singh Tomar, Food Minister Piyush Goyal and Minister of State for Commerce and Industries Som Prakash -- will hold discussions again with 40 farmer unions' leaders, including the Bharatiya Kisan Union which is spearheading the protests.
In fresh troubles for Nestle over safety standards of its famous Maggi noodle brand, the Uttrakhand Food Safety Department has collected samples of the 'two-minute' noodles from the company's Pantanagar plant and other places in the state.
McDonald's has argued that the dispute with its Indian joint venture partner Vikram Bakshi should be referred to arbitration as per the clauses of their agreement.
Pfizer can show the FDA approval to the Indian regulator and present a case that based on whatever data submitted, the US regulator has granted a full marketing nod, says Sohini Das.
Rajni Bakshi on why eco-friendly farming while indispensable cannot immediately ensure self-sufficiency in food production for the entire nation.
In this weekly self-help series, mental health and life coach Anu Krishna tells you how to take control of your life.
Oil content in mayonnaise slashed by 40 per cent, milk used in ice-creams 96 per cent fat-free, all wraps made of whole grain.
A bench headed by Chief Justice S A Bobde said it would set up the committee which may include experts like P Sainath and representatives of the government and farmers' bodies to look for the resolution of the deadlock over the statutes.
'The Chinese -- up to the highest leadership -- will avoid a conflict because they know they will be badly licked.' 'The reputation they have painstakingly built over the last two-three decades of being a global power will be destroyed.'
Testimony presented before the Bhima Korgaon Commission over the last two months reveals the background to the violence that broke out on January 1, 2018.
Colombo seems to be veering to the middle path between China and the US on global matters, but in regional matters of strategic security, it is increasingly identifying with India, points out N Sathiya Moorthy.
According to the ministry's statement, Tomar thanked the BKU (Kisan) leaders for coming out in support of the Farm Acts and said these laws have been welcomed in various states across the country.
'There can be no dispute over the adverse impact such a policy will surely have on India's manufacturing competitiveness,' notes A K Bhattacharya.
Union leaders, who came out of the meeting venue shouting slogans, said the talks remained deadlocked and some of them threatened to boycott any further meetings if no solution was found at Thursday's meeting.
Leader of Opposition Mallikarjun Kharge, speaking on the Motion of Thanks on the President's address, charged the government with not delivering on its various promises, including generating two crore jobs per year.
The shop owner Munni Lal Ahirwar has alleged in his complaint that the villagers looted food grains as they did not have cash to purchase it, police, however claimed that no such incident took place and it was only a minor scuffle.
Here's the full text of President's Ram Nath Kovind's address to the joint sitting of both houses of Parliament on the first of Budget Session 2022.
'Chinese troops are not geared to fight Indian troops who are battle hardened and acclimatised and are far more hardy.'
GST on 17 items used by middle class viz Paints, Refrigerators, washing machines, vacuum cleaners, storage water heaters, TVs up to 68 cm was reduced from 28 to 18 per cent.
