Leading a tractor rally in Punjab against the farm legislations, Congress leader Rahul Gandhi launched a blistering attack on Prime Minister Narendra Modi.
The fresh infusion is expected to provide more ammunition to Amazon to compete aggressively against Walmart-owned Flipkart and billionaire Mukesh Ambani-run Reliance Industries' JioMart in the upcoming festive season.
The speed with which RIL shares are rising and looking at its further potential, it is a matter of months before Ambani, who is currently world’s 5th richest person with a fortune of $81 billion, overtakes Mark Zuckerberg of Facebook and Bernard Arnault of Louis Vuitton.
Mukesh Ambani said Reliance Jio's 5G solution will be ready for trials as soon as 5G spectrum is available .
Reliance India chairman Mukesh Ambani said Google will invest over Rs 33,737 crore for a 7.7 per cent stake in Jio Platforms.
Reliance Industries had a net-debt of Rs 1.61 lakh crore as on March 31, 2020.
Mukesh Ambani owns the Indian Premier League (IPL) franchise, Mumbai Indians, which he bought for over $100 million in 2008 through a RIL subsidiary
Silver Lake - one of the world's largest tech investors - has agreed to invest Rs 5,655.75 crore to Jio Platforms
The company has also deferred annual cash bonus and performance-linked incentives that are normally paid in the first quarter.
Reliance in a statement said the investment by Facebook values Jio Platforms at Rs 4.62 lakh crore pre-money enterprise value (USD 65.95 billion, assuming a conversion rate of Rs 70 to a US dollar).
Other Indian businessmen who have seen a major drop in wealth include Gautam Adani whose wealth eroded by 37%, HCL Technologies’ Shiv Nadar (26%) and banker Uday Kotak 28%).
Ambani's current net worth amounts to $41.8 billion, while that of Alibaba co-founder Jack Ma stands at $44.5 billion.
They urged business leaders like Sundar Pichai, Satya Nadella and Mukesh Ambani to "take a stance".
The market capitalisation figures of companies change daily with stock price movement.
Sensex hit an all-time high of 40,816.38, rallying over 340 points on Wednesday to close at 40,651.54
Jio had stormed the telecom sector with free voice calls and dirt-cheap data
Prime Minister Narendra Modi, in his address to the nation on August 8, had urged companies to invest in Jammu & Kashmir and Ladakh region to increase employment opportunities for locals there.
Under the deal, Saudi Aramco will also supply 5,00,000 barrels per day of crude oil on a long-term basis to RIL's Jamnagar Refinery, Mukesh Ambani said.
He would take his colour, brushes and canvas outside to paint and talk with his love. He would stand close to the window and paint, keeping an eye on his muse.
They say the violin mimics the human sound. In his case, it was that of love, of longing. He didn’t know any other way of loving.
Younger people do not have much progressive beliefs; a 2017 survey found that one-third of young people opposed inter-caste marriage.
The pandemic has made it clear that virtual learning is here to stay. In the West, the big question is whether it will dilute the quality of the college experience and education. In India, which grapples with digital divide, the question remains whether this will reach most people at all.
Even after two years of the Covid-19 pandemic, many 'informed' individuals in India continue to deny the virus with unscientific claims and unfounded data. The latest? Omicron will end the pandemic.
Across Asia there are deeply entrenched obstacles to a mode of higher education that is liberal in multiple senses – disciplinary and epistemological but also social and political.
The two incidents in the recent past, one in Mon district of Nagaland and the other at Lakhimpur Kheri in Uttar Pradesh, undermined the core principles democracy and federalism.