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Top News In நம்பகத்தன்மை மூலோபாய வணிக முயற்சிகள் Today - Breaking & Trending Today

Share Market LIVE Updates: Nifty Seen Opening On Flat Note Ahead Of RBI Monetary Policy Decision

Share Market LIVE Updates: Nifty Seen Opening On Flat Note Ahead Of RBI Monetary Policy Decision
ndtv.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ndtv.com Daily Mail and Mail on Sunday newspapers.

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Stocks to watch: M&M, Glenmark Life Sciences, Cipla, Adani Power, Tata Chem

Stocks to watch: M&M, Glenmark Life Sciences, Cipla, Adani Power, Tata Chem
business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.

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Tata, Reliance, Adani! Big corporates in an aggressive acquisition spree

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 fill gaps in their portfolios.
Tata Sons has agreed to acquire control of India s largest online grocer BigBasket, in a deal valued at more than $1 billion. Tata Digital, the newly floated subsidiary which is building Super App, looks to strengthen its e-tail portfolio through the acquisition. The salt-to-aviation conglomerate is also in talks with Just Dial, the 24-year old lo ....

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India's Reliance acquires majority stake in SkyTran

Reliance Strategic Business Ventures has doubled its holding in SkyTran, the US-based futuristic transport company, for $26.76 million. ....

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From EV Batteries To Pod Taxis: India's Richest Man Seems To Prepare For The Elon Musk Challenge

Elon Musk could face a stiff challenge from India’s richest person Mukesh Ambani as Tesla Inc.’s (NASDAQ: TSLA) founder intensifies focus on expanding his business in the South Asian nation. What Happened: Ambani’s Reliance Industries said Sunday it has acquired a majority stake in skyTran Inc., a U.S.-based transportation company that competes with Musk’s Hyperloop in making pod taxis. Reliance Industries made the acquisition through its subsidiary, Reliance Strategic Business Ventures. See also: How to Invest in the Indian Stock Market The proposed skyTran transportation systems will feature computer-controlled passenger pods running on patented passive magnetic levitation and propulsion technology to transport passengers. The pods are expected to attain speeds of up to 240 kilometers per hour. Why It Matters: The two billionaires are also expected to compete against each other in the field of electric vehicles. Since the beginning of this year, there has ....

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