By siliconindia | Friday, 23 April 2021, 04:38 Hrs Mukesh Ambani’s Reliance Industries has acquired the Stoke Park Ltd. The deal was closed for 57 million pounds ($79 million). In a filing, Reliance states that the U.K.-based firm possesses a hotel and golf course, would now add to Reliance s consumer and hospitality assets. Ambani, richest person in Asia, is planning to pivot his oil-reliant business toward consumer offerings. However, in recent years he has procured iconic British toy store Hamleys and has swiftly become India s biggest telecom operator by subscribers since the inception of its services in 2016. Facebook, Google and a clutch of private equity and sovereign wealth funds have capitalised more than $25 billion into Ambani’s businesses betting on their success.
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Tata Group to import 24 cryogenic containers to ease oxygen shortage in India
The Tata Group will import cryogenic containers by specially chartered flights to transport liquid oxygen to ease the shortage in India.
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Tata Group on Tuesday announced on Twitter that it is
importing cryogenic containers to transport liquid oxygen to ease the shortage in India amidst the second wave of the COVID-19 pandemic, which has seen over
1.82 lakh patients dying of the deadly virus.
In India,
over 15 million people have been tested positive so far during the second wave, which is also witnessing a severe shortage of beds in both government and private hospitals, and a dearth of oxygen cylinders.
industrial oxygen and only 12 metric tonnes of
medical oxygen.
Moneycontrol then pulled down the article saying that the exports of 9,294 metric tonnes represented a little more than one day s production capacity in the country . The article should not have been published in the first place, the correction said.
Interestingly,
Moneycontrol s now-deleted report did mention India s production capacity: Last week.the government had clarified that India had a production capacity of 7,127 MT of oxygen per day.
With respect to the confusion between industrial oxygen exports and medical oxygen ,
Moneycontrol s report clearly dealt with that too. It said the exports were in the form of liquid oxygen, which is later channeled for use as both industrial and medical use .