India’s Securities and Exchange Board (Sebi) imposed sanctions on Reliance Industries (RIL), its president and managing director Mukesh Ambani, and two other entities on Friday for alleged manipulative trading of the shares of the former Reliance Petroleum (RPL) in November. 2007. Fines of Rs 25 million and Rs 15 million …
Read More »‘Why India’ to ‘Why not India’: Modi on the change his reforms have brought
NEW DELHI: Prime Minister Narendra Modi on Saturday he sold hard to his government reforms ranging from manufacturing to taxes to labor, saying they have changed the world’s perception of the country from ‘why India’ to ‘why not India’ and continued to cite record foreign investment during the pandemic as …
Read More »Reliance Offers Amazon $ 20 Billion Stake In Retail Arm: Report
Reliance Industries Ltd (RIL), the oil-to-telecommunications conglomerate led by Mukesh Ambani, is offering to sell roughly $ 20 billion in equity in its retail arm, Reliance Retail, to Amazon. BloombergQuint reported Thursday, citing Bloomberg News. Amazon has held discussions about investing in Reliance Retail and has expressed interest in negotiating …
Read More »India Inc. back to work is armed with Covid applications
[ad_1] NEW DELHI | MUMBAI | BENGALURU: Call it Aarogya Setu Inc. As India’s largest companies return to work from the office, they are arming themselves with internal apps inspired by the general idea of the government’s Aarogya Setu app: Self-Disclosure on Health and Contacts. Companies that have launched such …
Read More »Industry acclaims Modi Rs 20 rupee bazooka; what Anand Mahindra, Vijay Shekhar Sharma, others said
[ad_1] In his more than 30-minute speech on Tuesday night, Prime Minister Modi stated the agenda of delivering an economic package and how it will help various sectors of society. In his fifth speech to the nation during the coronavirus blockade, Prime Minister Narendra Modi announced an economic stimulus of …
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