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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 India's 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 Birla, Adani, JSW and Vedanta are among those acquiring smaller companies, including start-ups, to f...
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, RIL's focus on 'new energy and net materials' business (dedicated towards development of a green energy ecosystem) and gradually improving outlook for O2C vertical could provide triggers for the stock going ahead. Late on Monday...