Ambani announced his intentions to propel the newly established Jio Financial Services Ltd. into becoming India’s leading non-banking lender. Mukesh Ambani, the owner of the largest retail and telecom ventures in the country, has now turned his attention to the financial services and new energy sectors. In a recent annual report from Reliance Industries Ltd., […]
Reliance in talks for $2 billion loan to fuel expansion – EQ Mag
Ambani is raising funds as he continues to build out the telecoms and consumer-facing arms of an empire based on a bedrock of crude-oil refining Reliance Industries Ltd. is in talks with lenders for a foreign-currency loan of up to $2 billion to fuel the ongoing expansion of its oil-to-telecoms business, according to people familiar […]
Great meeting with Mukesh Ambani to learn about Reliance’s innovations in renewable energy: US Ambassador to India – EQ Mag
Earlier, Eric Garcetti also visited the recently unveiled Nita Mukesh Ambani Cultural Center in Mumbai, where he met the cast of the Broadway play The Sound of Music Newly appointed Ambassador of the United States (US) to India Eric Garcetti met Chairman and Managing Director (CMD) of Reliance Industries Mukesh Ambani in Mumbai on Wednesday. […]
RIL to invest Rs 75,000 cr in UP over 4 years: Mukesh Ambani at Uttar Pradesh Global Investor Summit – EQ Mag
While inaugurating the UP Global Investor Summit, PM Modi says India is vital for global growth Reliance Industries (RIL) chairman Mukesh Ambani on Friday announced that his group would invest an additional Rs 75,000 crore in different sectors in Uttar Pradesh. Addressing the inaugural ceremony of Uttar Pradesh Global Investors Summit (GIS) 2023 in Lucknow, […]
India could export $500 bn in green energy over 20 years: Reliance chairman Mukesh Ambani – EQ Mag Pro
Mukesh Ambani, chairman and managing director of oil-to-telecom conglomerate Reliance Industries Limited (RIL) said on Wednesday that India’s green energy exports would cross $500 billion in the coming two decades. The statement comes at a time when RIL has started aggressive expansion into the green energy sector with solar equipment manufacturing, green hydrogen production and […]
Why sodium is Mukesh Ambani’s big battery bet in the EV race – EQ Mag Pro
RIL is in the middle of a Rs 6 trillion clean-energy push. So, it makes sense for Ambani to back a technology that’s as cheap as traditional lead-acid batteries. From smartphones to Tesla Inc. cars, lithium-ion batteries are everywhere. But when Asia’s richest man went shopping in England with 100 million pounds ($136 million), he […]
Adani vs Ambani: Gautam Adani Group to Invest USD 20 Billion in Renewable Energy – EQ Mag Pro
The announcement came weeks after India’s richest man Mukesh Ambani announced an investment of Rs 75,000 crore (USD 10 billion) in clean power and hydrogen fuel over three years, PTI report says. Adani Group’s “integrated value chain, our scale, and experience puts us on the path to be the producer of the least expensive green […]
Reliance Aims At 100 GW Renewable Energy By 2030, Bring Hydrogen Cost Under $1: Mukesh Ambani – EQ Mag Pro
Reliance Industries will by 2030 create or enable capacity to generate at least 100 gigawatts of electricity from renewable sources, which can be converted into carbon-free green hydrogen. NEW DELHI : Reliance Industries will by 2030 create or enable capacity to generate at least 100 gigawatts of electricity from renewable sources, which can be converted […]
Reliance Aims At 100 GW Renewable Energy By 2030, Bring Hydrogen Cost Under $1: Mukesh Ambani – EQ Mag Pro
Reliance Industries will by 2030 create or enable capacity to generate at least 100 gigawatts of electricity from renewable sources, which can be converted into carbon-free green hydrogen. NEW DELHI : Reliance Industries will by 2030 create or enable capacity to generate at least 100 gigawatts of electricity from renewable sources, which can be converted […]
RIL’s Clean Energy Business May Be Worth $36 Billion In Five Years, Says Bernstein
Reliance Industries announced a massive Rs75,000 crore worth of investments in green energy over the next three years at its 44th annual general meeting in June. MUMBAI : Reliance Industries Ltd’s (RIL) recent announcement on new energy operations may create a clean energy business worth $36 billion over the next five years, brokerage firm Bernstein […]
