LIVE market updates: Indian benchmarks broke out of the day’s low, but were still more than 1 percent lower in Thursday’s no-trades, ahead of the March series derivatives contracts expiring. The S&P BSE Sensex was trading around 440 points, or 0.9 percent, at 48,730 levels. The index had fallen to …
Read More »Jeff Bezos vs. Mukesh Ambani is not the only fight in Indian retail
The ongoing digital transformation of corner kirana stores, tens of millions of stores serving 1.3 billion consumers, will be of great importance to everyone from Unilever NV and Procter & Gamble Co. to State Bank of India, the largest. country lender. It will also be important to Amazon.com Inc. boss …
Read More »Farm Bill Protests: Their Vandalized Towers in Punjab, Reliance Says, Will Move to High Court Today
Reliance Industries Limited (RIL) of business magnate Mukesh Ambani, whose Jio Infocomm towers have allegedly been attacked by a section of farmers in Punjab protesting against the Center’s three new agricultural laws, said on Monday it will file a petition in Punjab and Haryana in the Superior Court of Justice. …
Read More »Reliance supports farmers’ demand for a fair price, the company says it will never enter contract farming
Mukesh Ambani, head of Reliance Industries Limited (RIL), said Monday that the company would always support Indian farmers’ demand for a “fair and profitable price on a predictable basis” for its products, and that the company had no plans to enter into partnership by contract. agriculture, now or in the …
Read More »Reliance says it has no plans to enter contract farming
Reliance Industries Limited (RIL) said on Monday that it has no plans to enter contract or corporate farming and that it has not purchased any agricultural land in India for the purpose of contract farming, the company said in a regulatory document. Reliance said it “has nothing to do with …
Read More »All calls from Jio to other networks in India will be free from January 1
Reliance Jio announced Thursday that all off-network domestic voice calls from its network to other networks anywhere in India will be free from January 1, 2021. The company said in a statement that this has been done. Due to interconnection usage charges (IUC) for all national voice calls will end …
Read More »Mukesh Ambani sold a dream for $ 27 billion. Now you have to deliver
Mukesh Ambani spent much of 2020 convincing Facebook Inc., Google, and a handful of Wall Street heavyweights to buy into his vision for one of the world’s most ambitious corporate transformations. Now filled with $ 27 billion in fresh capital, Asia’s richest man is under pressure to deliver. The 63-year-old …
Read More »Flipkart refits the board after the spin-off of PhonePe
Bengaluru : Flipkart has made key changes to its board of directors even as the Walmart Inc-owned e-commerce company prepares for an initial public offering (IPO) and days after its digital payments company PhonePe was spun off as a separate entity. Flipkart Group CEO Kalyan Krishnamurthy will join the board …
Read More »Reliance and BP will get a government capped price of $ 4.06 for new gas from KG-D6
Reliance Industries and its partner BP will get just $ 4.06 per unit for the new gas they have started producing in the eastern KG-D6 offshore field, although they have discovered a higher rate in an open market auction, the companies said. sources. In November 2019, Reliance-BP auctioned initial gas …
Read More »Farmer protests intensify in several states | India News
NEW DELHI: Agricultural unions escalated their current unrest in various parts of Punjab, Haryana, Rajasthan, Uttar Pradesh and Madhya Pradesh on Monday by sitting down on the fast and organizing demonstrations, leading to traffic jams that lasted for several hours in some places, particularly paralyzing transport on NH-8, the main …
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