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DUBAI: Abu Dhabi state investor Mubadala invested a record amount in 2020 as it doubled down on growth sectors, and is close to making a decision on the listing of Emirates Global Aluminium, its chief executive said on Monday. “We’ve invested more in 2020 than we have ever done in any one year prior to that,” Khaldoon Khalifa Al-Mubarak told a virtual event organized by

Abu Dhabi state investor Mubadala invested a record amount in 2020 as it doubled down on growth sectors, and is close to making a decision on the listing of Emirates Global Aluminium (EGA),

Tata, Reliance, Adani! Big corporates in an aggressive acquisition spree Tata Sons has agreed to acquire control of Indias largest online grocer BigBasket; Reliance Industries recently acquired additional equity stake in the US-based technology company skyTran Inc Nevin John | March 15, 2021 | Updated 21:37 IST Indian conglomerates are in a race to acquire assets for building comprehensive business ecosystem around each business that they are in. Tata Group, Reliance Industries (RIL), Aditya B...

As far as Vodafone Idea is concerned, to a certain extent, the uncertainties about its survival are over though the fundraising part is a huge challenge , says the Inditrade Capital Group Chairman.

Reliance Industries (RIL) investors remained largely unfazed by the company’s proposal to hive off the oil-to-chemical (O2C) business into a 100 per cent subsidiary of RIL as most had anticipated the move. Shares of RIL closed 0.8 per cent higher on the BSE on Tuesday, having rallied 2 per cent at the bourses in the intra-day trade. Yet, the latest announcement, RILs focus on new energy and net materials business (dedicated towards development of a green energy ecosystem) and gradually impr...

Shares of billionaire Mukesh Ambanis Reliance Industries (RIL) rose 2 per cent to hit an intra-day high of Rs 2,048.70 on the BSE after the company said it has begun the process of carving out the O2C business into an independent subsidiary and expects to get the necessary approvals for the same by the second quarter of the next financial year. The company said the O2C business will be turned into a separate entity that will be 100 per cent owned by RIL and will result in no change in the compa...

PE/VC sector saw investments worth $47.6 billion in 2020 January 28, 2021 One of the biggest reasons for the decline in PE/VC investments in 2020 is the under-performance of the infrastructure and real estate sectors   -  istock.com/marchmeena29 One of the biggest reasons for the decline in PE/VC investments in 2020 is the under-performance of the infrastructure and real estate sectors   -  istock.com/marchmeena29× It was led by fund-raising by Reliance Group entities The private equity an...

Google updates Play Store policies on gamified loyalty programs following confusion in India Google has updated and broadened its Play Store policy on gaming loyalty programs to help developers better understand the practices that are permitted, months after confusion about the guidance prompted some backlash in India, the biggest Android market by users. The company said on Thursday that it now specifies guidance on gamified loyalty programs that are based on a qualified monetary transaction i...

Explore Now The key concern for the market has been the Reliance margins as well as the slowdown in growth in some of the key segments like the retail and Jio businesses, says MOFSL. What do you make of RIL’s earnings, especially the performance of Jio and retail businesses? Also, how have you looked at their new style of reporting earnings? On a consolidated basis, Reliance numbers were marginally below expectations. On a consolidated basis, EBITDA was down 5% and on a year-on-year basis, t...

Gush of liquidity is going to increase and emerging markets like India definitely will get a lions share of that liquidity, says Sudip Bandyopadhyay.