Latest news with #MukeshAmbani
Bloomberg
2 hours ago
- Business
- Bloomberg
Mumbai Facelift Is Inspired by 200-Year-Old New York Blueprint
Markets Citylab Indian officials are spending billions to revamp the country's financial capital and subpar infrastructure. Mumbai doesn't necessarily look the part of a major financial capital. India's seaside metropolis is riddled with torn-up roads. Monsoon flooding inundates areas near the stock exchanges and transforms even the ritziest neighborhoods into lakes. And traffic is so extreme that Mukesh Ambani, Asia's richest person, sometimes commutes to work on a helicopter, dodging half-finished skyscrapers and a mishmash of construction projects.
India.com
8 hours ago
- Business
- India.com
After UAE, Oman, Bahrain, now Mukesh Ambani launches Campa in…, partners with richest person of this country, will compete with Coca-cola and…
Mukesh Ambani is always known for his aggressive expansion plans, since last year he is focused on one of his company brand i.e. 'Campa'. After its revenue has increased in the last few quarters after its successful launch during IPL 2025, now Reliance Consumer products is ready to launch it in one more foreign country. Reliance Consumer Products Ltd (RCPL), the FMCG arm of Reliance Industries, has launched its soft drink brand Campa Cola in Nepal. The rollout is part of a partnership between RCPL and Nepal's business the Chaudhary Group (CG), according to a joint statement. 'The launch marks RCPL's entry in Nepal and further reaffirms the company's long-term commitment to the country,' it said. Reliance Consumer Partner With Chaudhary Group It will get help from Chaudhary Group in manufacturing and distribution in the food & beverages sector to ensure proper local supply and an easy roll out of Campa products across Nepal, it added. Chaudhary Group is Nepal's largest and leading business which operates in more than 200 companies and 260 brands in the global market. It owns Wai Wai, the popular brand of instant noodles, sold in India and other countries. Chaudhary Group is also in the business of sectors like food and beverages, financial services, education, infrastructure, automobile, information and technology, real estate, and hospitality. How Will Campa Operate In Nepal? The Campa in Nepal will initially include Campa Cola, Campa Lemon, Campa Orange, Campa Energy Gold Boost and Campa Energy Berry Kick. Campa was acquired by Reliance in 2022 and relaunched in 2023, is now a strong player in the Indian soft drink industry and giving tough competition to exiting soft drink players like Pepsi and Coca-cola. 'We are investing for the long term and see great potential for accelerated growth in the region. We are delighted to come together with our esteemed partner today to transform the beverage experience for consumers across Nepal,' RCPL Executive Director Ketan Mody said. Nirvana Chaudhary, Managing Director of Chaudhary Group, said: 'We are confident that Campa will resonate strongly with local consumers who appreciate distinctive beverage options. This strategic alliance not only expands our beverage portfolio but also reinforces our position as a key player in the region's competitive beverage market.' (With Inputs From PTI)
India.com
a day ago
- Business
- India.com
Mukesh Ambani joins hands with Nepal's richest man, country's only billionaire to sell this product, name is...
Mukesh Ambani's makes big move, set to change very TV into..., move may effect... Reliance Consumer Products Limited (RCPL), the FMCG arm of Reliance Industries, has teamed up with Chaudhary Group the makers of Wai-Wai noodles to bring its Campa soft drink to Nepal. Earlier this year, RCPL took its first step into global markets by launching Campa in the UAE through a partnership with the Agthia Group. Since then, the drink has also become available in Oman, Bahrain, and Qatar. Campa, a well-known Indian cola brand from the 1980s, was bought by Reliance in 2022 and relaunched in 2023. Since then, the brand has been growing steadily, both across India and in other countries. 'Campa is a classic Indian brand that people have loved for more than 50 years,' said Ketan Mody, Executive Director of RCPL. 'We believe it has a strong future and are committed to growing it further, especially in this region.' Reliance partners with Chaudhary Group Chaudhary Group is one of Nepal's largest business houses, running over 200 companies and managing more than 260 brands across the world. It operates in various sectors such as food and beverages, finance, education, infrastructure, IT, automobiles, real estate, and hospitality. The group is well known for its Wai-Wai noodles, which are sold in many countries including India. Reliance said that Chaudhary Group's strong experience in food and drink manufacturing and its well-established distribution system will help ensure a smooth launch of Campa products throughout Nepal. 'This partnership adds strength to our beverage business and helps us grow in a very competitive market,' said Nirvana Chaudhary, Managing Director of Chaudhary Group. 'We're excited to use our wide distribution reach and market knowledge to make Campa a favorite in Nepal, just like it is in India.' The Campa range in Nepal will include several flavors: Campa Cola, Campa Lemon, Campa Orange, Campa Energy, Campa Energy Gold Boost, and Campa Energy Berry Kick. Campa takes on global giants like Coke and Pepsi in India Campa, the homegrown soft drink brand revived by Reliance Consumer Products Limited (RCPL), is stepping up its game against big global brands like Coca-Cola and PepsiCo. To attract more customers, RCPL launched a fizzy drink priced at just Rs. 10, making it affordable for many people. The company has also teamed up with JioStar as a co-sponsor for IPL 2025, which will help Campa get noticed by millions of cricket fans across the country. RCPL is also investing Rs. 1,000 crore to build a new bottling plant in Bihar, to strengthen Campa's production and distribution capabilities in eastern India. RCPL reported Rs. 11,450 crore in revenue for the financial year 2024–25 (FY25). Campa alone crossed Rs. 1,000 crore in turnover during the year, securing over 10 per cent market share in the sparkling beverages segment in some Indian states.
Mint
2 days ago
- Business
- Mint
Reliance Jio launches JioPC to offer affordable cloud computing via TV: How it works
Jio Platforms, the digital arm of Reliance Industries, has announced the launch of a new cloud-based virtual desktop service, JioPC, in a move set to redefine personal computing access for millions of Indian households. The service is designed to transform ordinary televisions into fully functioning personal computers through the existing Jio set-top box. Currently being rolled out on a free trial basis and accessible only by invitation, JioPC reflects chairman Mukesh Ambani's wider ambition to bridge the digital divide in a country where desktop and laptop ownership remains limited. You may be interested in JioPC enables users to access a virtual desktop interface on their television screens by simply connecting a keyboard and mouse to the Jio set-top box. The box itself is bundled with Jio's broadband plans or can be purchased separately at ₹ 5,499. While the service does not yet support peripheral hardware such as webcams or printers, it offers core computing functionality via the cloud. Instead of pre-installed Microsoft Office software, users can work with Office tools through the web browser. JioPC also comes with LibreOffice, a free and open-source alternative, already built in for offline productivity. JioPC follows the recent launch of Jio's AX6000 WiFi 6 Universal Router, which aims to bring high-speed, stable internet access to large homes and smart households across India. Introduced in June, the dual-band router is capable of delivering speeds up to 6000Mbps and incorporates advanced technologies such as OFDMA and MU-MIMO to ensure consistent connectivity even during peak usage times.
Time of India
2 days ago
- Business
- Time of India
Jio Platforms launches JioPC, a virtual desktop service that turns TV into PC; free trial start
JioPlatforms has launched a new virtual desktop service called JioPC. The service is aimed at turning televisions into personal computers and works through the Jio set-top box, which comes free with Jio's broadband plans or can be bought separately for Rs 5,499 ($64). JioPc is currently available on a free trial basis and by invitation only. The move signals Reliance chairman Mukesh Ambani 's ambition to expand computing access in a country where PCs are still out of reach for many. What is JioPC As mentioned above, JioPC is a virtual desktop service. It lets users access a cloud PC setup on their TV by simply plugging in a keyboard and mouse. At this stage, JioPC does not support external devices such as cameras or printers. It also does not come with Microsoft Office pre-installed. Instead, users can access Office tools through the browser. The system comes with LibreOffice, an open-source alternative, already installed. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like An engineer reveals: One simple trick to get internet without a subscription Techno Mag Learn More Undo Despite these restrictions, the concept appears promising. JioPC could become a new way to offer basic computing to homes that already have TVs but no computers. According to the government data, India has around 57 million active set-top box users. But the traditional direct-to-home (DTH) TV market is declining as more people switch to online streaming. Between March last year and this year, DTH subscriptions dropped by 8%. Meanwhile, the overall PC market in India grew over 8% in Q1 2025, reaching 3.3 million units. Still, India lags behind countries like the US and China in PC ownership, mainly due to the high cost of devices and the popularity of smartphones. 'JioPC is a very effective way for the Mumbai-headquartered company to increase its user base,' Tarun Pathak, research director at Counterpoint told TechCrunch. He noted that while 70% of Indian households have a TV, only about 15% own a PC. However, he also warned of a challenge: 'You need to convince people that you can still use a PC on your TV using the set-top box.' Prabhu Ram, vice president at CyberMedia Research, believes the product could succeed among new users in underserved regions. 'While its potential reach is broad, its success will depend on execution — especially in addressing connectivity gaps and digital literacy,' he said. AI Masterclass for Students. Upskill Young Ones Today!– Join Now
