‘It allows everybody to participate and controls all assets.’ ‘We want to have something that allows everyone to participate and control all kinds of assets.’
Posts tagged Rediff
Know What Finternet Is? (29-08-2024)
‘It allows everybody to participate and controls all assets.’ ‘We want to have something that allows everyone to participate and control all kinds of assets.’
Markets hit record highs on rally in RIL, Tata Motors (29-08-2024)
Among the 30 Sensex firms, Tata Motors jumped over 4 per cent, followed by Bajaj Finserv, Bajaj Finance, HCL Technologies, ITC, Reliance Industries, Tech Mahindra, Maruti and State Bank of India. Reliance Industries climbed nearly 2 per cent after Mukesh Ambani, chairman and managing director of the firm, said the board of the company will meet on September 5 to consider issuing bonus shares in the ratio of 1:1.
Markets hit record highs on rally in RIL, Tata Motors (29-08-2024)
Among the 30 Sensex firms, Tata Motors jumped over 4 per cent, followed by Bajaj Finserv, Bajaj Finance, HCL Technologies, ITC, Reliance Industries, Tech Mahindra, Maruti and State Bank of India. Reliance Industries climbed nearly 2 per cent after Mukesh Ambani, chairman and managing director of the firm, said the board of the company will meet on September 5 to consider issuing bonus shares in the ratio of 1:1.
Reliance not pursuing short-term profit: Mukesh Ambani (29-08-2024)
Asia’s richest man Mukesh Ambani on Thursday said his oil-to-telecom-and-retail conglomerate is not seeking short-term profit but is in the business of creating wealth for the nation. Speaking at the company’s annual shareholder meeting, he said all businesses of Reliance Industries Ltd continue to be key drivers of the Indian economy and have become a success story. “We are not in the business of pursuing short-term profit and hoarding wealth. “We are in the business of creating wealth for India,” he said.
Mukesh offers 100 GB free cloud storage for Jio users (29-08-2024)
Stepping up the company’s AI and cloud play, Reliance Industries chairman Mukesh Ambani on Thursday announced that Jio users will get up to 100 GB of free cloud storage to securely store and access their photos, videos, documents, digital content and data. Addressing the 47th AGM of RIL, Ambani said the Jio AI-Cloud Welcome offer will be launched during the upcoming Diwali, which would bring a “powerful and affordable solution where cloud data storage and data-powered AI services are available to everyone, everywhere”. “Jio users will get up to 100 GB of free cloud storage to securely store and access all their photos, videos, documents, all other digital content, and data.
Beware! IT Sleuths On The Prowl (29-08-2024)
The suspected undisclosed income in these cases could reach as much as Rs 15,000 crore.
Value of PE-backed M and A deals at 6-year low (29-08-2024)
The value of private equity (PE)-backed mergers and acquisitions (M and As) in India reached a six-year low during the first seven months of the current calendar year, amid ongoing global uncertainties. The total value of these deals stood at $6.2 billion during the period, down from $9 billion in the same period last year, and lower than the $14 billion recorded during the corresponding period in 2019, according to data from LSEG Deals Intelligence. PE funds pool capital from investors, including high-net-worth individuals, to invest in high-return opportunities.
Waqf Property Income Falls 99% (29-08-2024)
In FY24, the net income generated from Waqf properties fell to about Rs 1.26 crore from Rs 150 crore in FY20.
The Machine That Saved Tanishq (29-08-2024)
Stories are legion about the Karatmeter’s use at that time. Hundreds of people standing in queue for testing, customers breaking down after discovering the actual purity of their jewellery and then becoming irate about the jeweller who had gypped them, the local jewellery industry leaning heavily on the Tanishq franchisees to desist from using it, some jewellers even threatening violent action.