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Dr. Amrut Urkude became CIO of Reliance Polyester after his company was acquired by Reliance Industries. He discusses challenges IT leaders face while transitioning from a small company to a large multinational enterprise, and how to overcome them.
Get latest articles and stories on Latest News at LatestLY. Fair trade regulator Competition Commission on thursday cleared the acquisition of business undertakings of Shubhalakshmi Polyesters Ltd and Shubhlaxmi Polytex Ltd by Reliance Polyester Ltd. Latest News | CCI Clears Reliance Polyester's Acquisition of Shubhalakshmi Polyesters, Shubhlaxmi Polytex.
PICS: Mukesh Ambani visits Shrinathji temple in Nathdwara Rajasthan
Billionaire Mukesh Ambani's Reliance Industries Ltd has acquired polyester chips and yarn manufacturer Shubhalakshmi Polyesters Ltd for Rs 1,592 crore, the company said in a stock exchange filing.
Shares of Reliance Industries gained nearly 1 per cent in morning trade on Monday after the company announced the acquisition of polyester chips and yarn manufacturer Shubhalakshmi Polyesters Ltd for Rs 1,592 crore.