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Adani Group Touts Financial Muscle, Shows Can Grow Without External Debt
Billionaire Gautam Adani's conglomerate on Monday touted the financial and credit details of its portfolio companies to investors, showcasing its robust profits and cash flows that can sustain growth without reliance on external debt.
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Opinion | There's a Pattern Behind Repeatedly Targeting Adani Group: Get the Connection
The progression and timing of the case raise several questions. It also underscores Congresss recurring reliance on opportunistic "rent-a-cause" politics.
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What is the Digital Assets Platform Being Discussed by the BRICS Group?
The BRICS group is considering the creation of a digital assets platform to reduce reliance on US dollars for international transactions. President Putin has expressed his support for this initiative, emphasising that digital currencies could benefit not only BRICS nations but also other developing economies.
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Jio Payment Solutions Gets RBI Nod to Operate as Online Payment Aggregator
India's Jio Payment Solutions, a wholly-owned subsidiary of billionaire Mukesh Ambani-led Reliance Group firm Jio Financial Services, has received the central bank's approval to operate as an online payment aggregator, Jio Financial said on Tuesday.
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Anil Ambani Can't Hold Key Managerial Post In Listed Firms For 5 Years: SEBI
Reliance Group Chairman Anil Ambani cannot hold a key managerial position in any listed company for five years, the capital markets regulator SEBI said in an order today.
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Gautam Adani Attends Anant Ambani-Radhika Merchant Wedding In Mumbai
Adani Group Chairman Gautam Adani attended the wedding of the youngest son of Reliance Industries Chairman Mukesh Ambani.
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Anil Ambani Suffers Another Setback, Group Firm Loses Rs 8,000 Crore Arbitral Award
He was ranked the sixth richest person in the world in 2008 but a series of setbacks -- the latest being the Supreme Court setting aside a Rs 8,000 crore arbitral award that was granted in favour of a firm in his group -- reversed his fortunes.
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Adani Group Shrugs Off Short-Seller's Effect, Back To Rapid Expansion Spree
Adani group opened a USD 1.2 billion copper plant, bought a port in Odisha, raised stakes in a cement company and stitched an alliance with rival Mukesh Ambani's Reliance Industries, all in a matter of one week.
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BRICS Nations Plan to Create Payment Network Backed by Digital Currencies in Quest of De-Dollarisation: Report
The BRICS group is planning to develop a digital payment network, backed by digital currencies. The aim is to bring a wave of de-dollarisation into effect.
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Reliance-Backed Group Unveils Hanooman, a Series of Indic Language AI Models: Report
Hanooman, a series of language models focused towards the Indian demographic was unveiled on Wednesday, February 21, as per a report. The AI model was reportedly showcased at a recent technology event in Mumbai. It supports 11 Indian regional languages and will operate in the fields of healthcare, governance, financial services, and education.
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Jio May Soon Receive Regulatory Approval for Launch of Satellite Internet Services in India: Report
JioSpaceFiber could launch in India soon, according to a report. Approval from the Indian National Space Promotion and Authorisation Centre (IN-SPACe) would allow the company to become the first satellite-based giga fibre Internet service in the country, ahead of Elon Musk-led Starlink, Eutelsat Group's OneWeb, and Amazon's Project Kuiper, firms th...
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Jio Working With Itel, Lava, and Nokia to Launch New Variants of JioBharat 4G Feature Phone: Report
Reliance Jio is reportedly working with featurephone makers including Transsion group’s Itel, Lava and Nokia to make their own versions of affordable Jio Bharat 4G devices. The company is aiming to push approximately 250 million 2G users to 4G and beyond with this move.
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Nvidia Says US Advanced Timeline for Export Curbs of AI Chips to China, Other Countries
Chip designer Nvidia said new US export curbs that block the sale of its high-end artificial intelligence chips to China came into effect on Monday as regulators advanced the timeline. The restrictions were supposed to come into play 30 days from October 17 when the Biden administration unveiled measures to stop countries, including China, Iran and...
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After Reliance, Tata Group Also Said to Announce AI Partnership With Nvidia
India's Tata Group is set to announce an AI partnership with US chip firm Nvidia, a source with direct knowledge of the matter told Reuters. An announcement is expected later in the day, the source added. Meanwhile, India's Reliance and Nvidia said on Friday they have formed a partnership to create AI language models and generative apps for million...
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Nykaa CEO Steps Up as Marketing Head as Six Executives Resign Amid Growing Competition
Nykaa offers beauty products on its website and at stores, competing with rivals Tata Group and Reliance, both of which have interests in the fast-growing $16 billion (nearly Rs. 1,32,400 crore) beauty and personal care market in the world's most populous country.
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Adani Group Touts Financial Muscle, Shows Can Grow Without External Debt
Billionaire Gautam Adani's conglomerate on Monday touted the financial and credit details of its portfolio companies to investors, showcasing its robust profits and cash flows that can sustain growth without reliance on external debt.
-
Opinion | There's a Pattern Behind Repeatedly Targeting Adani Group: Get the Connection
The progression and timing of the case raise several questions. It also underscores Congresss recurring reliance on opportunistic "rent-a-cause" politics.
-
What is the Digital Assets Platform Being Discussed by the BRICS Group?
The BRICS group is considering the creation of a digital assets platform to reduce reliance on US dollars for international transactions. President Putin has expressed his support for this initiative, emphasising that digital currencies could benefit not only BRICS nations but also other developing economies.
-
Jio Payment Solutions Gets RBI Nod to Operate as Online Payment Aggregator
India's Jio Payment Solutions, a wholly-owned subsidiary of billionaire Mukesh Ambani-led Reliance Group firm Jio Financial Services, has received the central bank's approval to operate as an online payment aggregator, Jio Financial said on Tuesday.
-
Anil Ambani Can't Hold Key Managerial Post In Listed Firms For 5 Years: SEBI
Reliance Group Chairman Anil Ambani cannot hold a key managerial position in any listed company for five years, the capital markets regulator SEBI said in an order today.
-
Gautam Adani Attends Anant Ambani-Radhika Merchant Wedding In Mumbai
Adani Group Chairman Gautam Adani attended the wedding of the youngest son of Reliance Industries Chairman Mukesh Ambani.
-
Anil Ambani Suffers Another Setback, Group Firm Loses Rs 8,000 Crore Arbitral Award
He was ranked the sixth richest person in the world in 2008 but a series of setbacks -- the latest being the Supreme Court setting aside a Rs 8,000 crore arbitral award that was granted in favour of a firm in his group -- reversed his fortunes.
-
Adani Group Shrugs Off Short-Seller's Effect, Back To Rapid Expansion Spree
Adani group opened a USD 1.2 billion copper plant, bought a port in Odisha, raised stakes in a cement company and stitched an alliance with rival Mukesh Ambani's Reliance Industries, all in a matter of one week.
-
BRICS Nations Plan to Create Payment Network Backed by Digital Currencies in Quest of De-Dollarisation: Report
The BRICS group is planning to develop a digital payment network, backed by digital currencies. The aim is to bring a wave of de-dollarisation into effect.
-
Reliance-Backed Group Unveils Hanooman, a Series of Indic Language AI Models: Report
Hanooman, a series of language models focused towards the Indian demographic was unveiled on Wednesday, February 21, as per a report. The AI model was reportedly showcased at a recent technology event in Mumbai. It supports 11 Indian regional languages and will operate in the fields of healthcare, governance, financial services, and education.
-
Jio May Soon Receive Regulatory Approval for Launch of Satellite Internet Services in India: Report
JioSpaceFiber could launch in India soon, according to a report. Approval from the Indian National Space Promotion and Authorisation Centre (IN-SPACe) would allow the company to become the first satellite-based giga fibre Internet service in the country, ahead of Elon Musk-led Starlink, Eutelsat Group's OneWeb, and Amazon's Project Kuiper, firms th...
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Jio Working With Itel, Lava, and Nokia to Launch New Variants of JioBharat 4G Feature Phone: Report
Reliance Jio is reportedly working with featurephone makers including Transsion group’s Itel, Lava and Nokia to make their own versions of affordable Jio Bharat 4G devices. The company is aiming to push approximately 250 million 2G users to 4G and beyond with this move.
-
Nvidia Says US Advanced Timeline for Export Curbs of AI Chips to China, Other Countries
Chip designer Nvidia said new US export curbs that block the sale of its high-end artificial intelligence chips to China came into effect on Monday as regulators advanced the timeline. The restrictions were supposed to come into play 30 days from October 17 when the Biden administration unveiled measures to stop countries, including China, Iran and...
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After Reliance, Tata Group Also Said to Announce AI Partnership With Nvidia
India's Tata Group is set to announce an AI partnership with US chip firm Nvidia, a source with direct knowledge of the matter told Reuters. An announcement is expected later in the day, the source added. Meanwhile, India's Reliance and Nvidia said on Friday they have formed a partnership to create AI language models and generative apps for million...
-
Nykaa CEO Steps Up as Marketing Head as Six Executives Resign Amid Growing Competition
Nykaa offers beauty products on its website and at stores, competing with rivals Tata Group and Reliance, both of which have interests in the fast-growing $16 billion (nearly Rs. 1,32,400 crore) beauty and personal care market in the world's most populous country.
