In a significant development, India’s largest conglomerate undertook a massive layoff drive reducing its workforce by 11% in the fiscal year 2023-24. Watch the video to know the details.
We now need to wait for execution especially in 5G and Jio Mart. With the Aramco deal unlikely to happen, most of the excitement could be over for the time being
Shares of Ambani's conglomerate have more than doubled since a low in March as its digital unit got more than $15 billion in investments from companies including Facebook and Silver Lake
Facebook is transforming into a more local, more Indian company focussed on connecting friends and family, and small businesses, Mohan tells Vanita Kohli-Khandekar
Ambani's holding group launched the Indian Super League, an elite competition of newly created teams, in 2014 with the aim of attracting investment and big global names.
Old favourites Singapore and Mauritius slowly giving way to funds from Cayman Islands and British Virgin Islands, whose flows into into the country have grown 267% and 469%, respectively
Through a blend of online events, video-guided tours and parties, and digital catalogues called "flipbooks", the company's sales have awakened after the easing of the lockdown.
Earlier in the day, Ambani announced that Reliance Industries had become net debt-free after raising a record Rs 1.69 trillion from global investors and a rights issue in under two months
