Agriculture Companies Industries North India Protest

Amid loss in business Reliance assures it will never indulge in Contract Farming and it backs Farmers MSP

After more than 5 million Subscribers opted for port out from Jio subscription with a month of farmers protest , India’s Reliance Industries on Monday asked government authorities to help stop attacks against its telecommunication masts by protesting farmers, who have alleged that the conglomerate has profited from farm reforms at their expense. Reliance, controlled Read More…

Asia China Companies Indian Subcontinent Industries Life Style

School dropout Construction worker Zhong dethroned Ambani’s Asia Top wealth ranking

India’s market regulator SEBI has said on Friday it fined Reliance Industries 250 million rupees ($3.42 million) and its chairman Mukesh Ambani 150 million rupees, in relation to trading Reliance Petroleum shares. For more than a month facing brutal cold 35 farmers died in Delhi outskirts where they were agitating against Modi government farm laws Read More…

Agriculture Companies Industries North India

Ambani’s 1400 Jio towers disrupted in Punjab as BJP government silent on 32nd day farmer protest

Power supply to towers that relay telecom signals was snapped and cables cut in several parts of the state as farmers vented their anger on the infrastructure owned by Mukesh Ambani’s firm Jio   35 farmers died in brutal cold at protesting site in Delhi borders and BJP government apathy to farmers cause even after Read More…

Companies Indian Subcontinent Industries Market

Rs 440000 Crores wealth created by Reliance in 5 years : MOFS reports

What began as a yarn trading business has emerged as the biggest wealth creator over the last 25 years, growing along the way to enter sectors ranging from oil to telecommunications and retail.   Reliance Industries accounted for Rs 6.3 trillion in wealth created since 1995, according to Motilal Oswal Financial Services’ annual wealth creation Read More…

Companies High Court Industries

Delhi High Court verdict gives mixed signals to Amazon and Future Retail ..

The Delhi High Court on Monday refused to restrain Jeff Bezos-led Amazon from interfering in Kishore Biyani-headed Future Retail’s $3.4 billion deal with Mukesh Ambani-owned Reliance Retail by writing to statutory authorities. The order was pronounced by a Single Judge Bench of Justice Mukta Gupta in the suit by Future Retail Ltd after an Emergency Read More…

Companies Indian Subcontinent Industries Market

Reliance- BP KG-D6 field  Price cap for next 6 moths is USD 4.06 per mmBtu

Reliance Industries and its partner BP get USD 4.06 a unit for the new gas they have started to produce from the eastern offshore KG-D6 field    Reliance is the operator of the block with 66.6 per cent interest while BP holds the remaining stake.   Reliance-BP in November 2019 auctioned initial gas from the Read More…

Agriculture BJP Companies Indian Subcontinent Industries Market North India Voice

Jio hit by Farmers agitation knocks regulator door as millions opts for Port out option

Reliance Industries Ltd’s telecom division has asked the Indian telecoms regulator to take action against rivals Bharti Airtel and Vodafone Idea Ltd for allegedly running a false propaganda campaign to attract its subscribers.   In a letter dated Dec. 10, Reliance Jio alleged that the two companies had created an impression that Reliance which also Read More…

Agriculture BJP Life Style Opinion

Sr. Journalist question Ambani’s control of over 85% viewership in TV Channels

The Financial Times last month called Gautam Adani as ‘Modi’s Rockefeller’ and referred to his meteoric rise during the Modi regime.   And in an open letter to Mukesh Ambani that went viral, senior journalist Binu S Thomas pointed out the monopolistic tendencies of Reliance Industry and explained why he would be logging out of Read More…

Asia Companies Industries Legal Market

Singapore Arbitration order resulted blow for Reliance and victory for amazon

Future Group selling retail business to Reliance Industries Ltd for Rs 24,713 crore after a Singapore based single judge arbitration panel put the deal on hold.   Amazon, which had agreed to purchase 49 per cent of one of Future’s unlisted firms last year with the right to buy into flagship Future Retail Ltd after Read More…

Companies Industries Supreme Court

Mukesh’s Jio uses Anil’s Spectrum and Solicitor General stand expose new Spectrum scam on cards

The Supreme Court on Monday asked the government to explain why Reliance Jio, which is earning revenue by sharing Reliance Communication’s (RCom) spectrum, be not asked to pay the Adjusted Gross Revenue (AGR) related dues to the government.   The government told the top court there is a difference of opinion between two ministries (Department Read More…