Founder and chairperson of Reliance Foundation Nita Ambani said the Jio World Plaza is more than a retail destination and it's an embodiment of aesthetics, culture, and leisure. The plaza will be opened for the general public from tomorrow.
Mumbai police have registered a case against an unknown person under sections 387 and 506 (2) of IPC and started the investigation.
Forbes India rich list: The biggest percentage gainer in 2023 is Inder Jaisinghani at No 32 with $6.4 billion. His family’s net worth nearly doubled as his wires and cables company, Polycab India, benefited from increasing electrification.
The market valuation of HDFC Bank plummeted by Rs 99,835.27 crore to Rs 11,59,154.60 crore.
Bill Gates, who addressed the Reliance Industries 46th AGM, said that the Gates Foundation and Breakthrough Energy are excited to partner with Reliance.
Addressing the Reliance team at the Annual General Meeting of the company, Mukesh Ambani said that the new India is full of self-confidence and is unstoppable.
Meanwhile, the Board recommended to the shareholders for approval of the appointment of Isha Ambani, Akash Ambani and Anant Ambani as non-executive directors of the company.
India is targeting solar capacity of 280GW and 5 million tonne of green H2 production by 2030.
Stock Market: In a volatile trade, the 30-share BSE Sensex edged up 22.71 points or 0.04 per cent to settle at 59,655.06.
Her Circle was founded and launched by Ambani in 2021 to create a safe, inclusive, growth-oriented digital haven for women. On its second anniversary, the platform has become India’s largest digital platform for women with a phenomenal overall reach of 310 million.
In a statement, the firm said Reliance shareholders will be issued one equity share of Jio Financial Services Ltd (JFSL) for every share they hold in the company.
Reliance Industries news: Its proprietary technology enables high-efficiency solar modules that can produce 20 per cent more energy over the 25-year lifetime of a solar project at significantly lower installed cost.
Reliance Industries improved its rank by 51 places to 104 from its previous year's rank of 155. India has nine companies in the Fortune's Global 500 list -- five from the public sector, and four from the private sector.
Earlier this year, Forbes estimated Mukesh Ambani's net worth to be $90.7 billion, landing him at No.10 on this year's Billionaires list.
The stock has been quoting lower for the past many days and further slumped 3 per cent to Rs 2,542.10, amid a weak trend in the broader market.
The BSE benchmark Sensex dived 617.26 points or 1.08 per cent to end at 56,579.89. During the day, it plummeted 840.28 points or 1.46 per cent to 56,356.87. The broader NSE Nifty declined 218 points or 1.27 per cent to 16,953.95.
The oil-to-telecom conglomerate will invest Rs 5 lakh crore in the state to set up 100 gigawatts (GW) renewable energy power plant and green hydrogen ecosystem development, the firm said in a statement.
On the Sensex chart, Maruti, Infosys, Tech Mahindra, ITC, Reliance, L&T, UltraTech Cement and HDFC were the major losers, dropping as much as 2.62 per cent.
Sensex ended 314.04 points or 0.52 per cent lower at 60,008.33, extending losses for the second straight day. Similarly, the Nifty fell by 100.55 points or 0.56 per cent to 17,898.65.
Ambani recently outlined plans to pivot into renewable energy with a $10 billion investment by his Reliance Industries.
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