Latest news with #RelianceIndustriesLimited
New Indian Express
23-05-2025
- Business
- New Indian Express
Reliance, Adani, Vedanta announce major investments in Northeast India
NEW DELHI: Reliance Industries Limited has pledged to invest Rs 75,000 crore over the next five years in the Northeast, while the Adani Group has announced a Rs 50,000 crore investment over the next decade in the northeastern states. On the first day of the Rising Northeast Investors Summit in New Delhi inaugurated by Prime Minister Narendra Modi, Reliance Chairman and Managing Director Mukesh Ambani said that Reliance Jio will connect all schools, hospitals, enterprises, and homes in the region with Artificial Intelligence (AI). He highlighted that Jio has already covered 90% of the region's population, with over 5 million 5G subscribers, and aims to double that number by the end of this year. 'Jio has already covered 90% of the population, with over 5 million 5G subscribers. We will double this number this year. Jio's priority will be to bring the revolutionary power of Artificial Intelligence to all schools, hospitals, enterprises, and homes,' Ambani said. Gautam Adani, Chairman of Adani Enterprises, announced an additional Rs 50,000 crore investment over the next 10 years, adding to the Rs 50,000 crore commitment made earlier this year in Assam. He said the company will focus on green energy (including hydro power and smart meters), power transmission, road construction, logistics, digital infrastructure, and skill development.
Economic Times
23-05-2025
- Business
- Economic Times
RIL CMD Mukesh Ambani announces ₹75,000 Cr investment, 6 commitments for Northeast states
(ET Online) RIL CMD Mukesh Ambani announces ₹75,000 Cr investment, 6 commitments for Northeast states 06:06 Min | May 23, 2025, 1:39 PM IST At the 'Rising Northeast Investors Summit', Chairman & Managing Director of Reliance Industries Limited, Mukesh Ambani announced six major commitments at the Rising Northeast Investors Summit, including a ₹75,000 crore investment over five years. Reliance will expand Jio 5G coverage, boost AI access, scale up farm sourcing, build FMCG factories, and install 350 biogas plants. The Reliance Foundation will enhance cancer care, set up genome labs, and launch Olympic Training Centres across the eight northeastern states to drive growth, health, and sporting excellence.
Time of India
23-05-2025
- Business
- Time of India
RIL CMD Mukesh Ambani announces ₹75,000 Cr investment, 6 commitments for Northeast states
At the 'Rising Northeast Investors Summit', Chairman & Managing Director of Reliance Industries Limited, Mukesh Ambani announced six major commitments at the Rising Northeast Investors Summit, including a ₹75,000 crore investment over five years. Reliance will expand Jio 5G coverage, boost AI access, scale up farm sourcing, build FMCG factories, and install 350 biogas plants. The Reliance Foundation will enhance cancer care, set up genome labs, and launch Olympic Training Centres across the eight northeastern states to drive growth, health, and sporting excellence. Show more Show less
India.com
23-05-2025
- Business
- India.com
Mukesh Ambani's wife Nita Ambani was classmate of THIS popular Bollywood actress, her name is...
Mukesh Ambani's wife Nita Ambani was classmate of THIS popular Bollywood actress, her name is... Nita Ambani is one of India's most prominent figures known for her immense contribution towards philanthropy, sports, arts, business and education. Wife of Mukesh Ambani, who owns Reliance Industries Limited and is Asia's richest man, is also mother to three successful children- Akash Ambani, Isha Ambani and Anant Ambani. Born in 1964 in a Gujarati Family, Nita Ambani graduated from Narsee Monjee College of Commerce and Economics with a Bachelors degree in Commerce. Last year, while hosting the star-studded store launch at Jio World Garden Mumbai, she revealed that Rekha was her classmate. Yes you heard that right! The two while sharing a warm conversation, disclosed this surprising piece of information to paparazzi. The Umrao Jaan actress has been an attendee of many Ambani family's occasions and share a great rapport them. After Nita Ambani completed her studies, she began her career as a teacher and used to earn Rs 800 per day. However, after getting married to billionaire Mukesh Ambani, and achieving success in entrepreneurial world, she is now owner of staggering $309 billion, equivalent to about Rs 25.75 lakh crore, as per the 2024 Barclays Private Clients Hurun India Most Valuable Family Businesses list. Talking about Rekha, she was born to famous Tamil film stars Gemini Ganesan and Pushpavalli. She first made her screen appearance as a child actor in the 1958 Telugu movie Inti Guttu. Her first lead role came in the 1969 Kannada film Operation Jackpot Nalli CID 999. Same year, she made her Bollywood debut with Sawan Bhadon. Over the years, she has worked in several iconic films and captivated audiences with her impeccable beauty and undeniable charm.
Time of India
19-05-2025
- General
- Time of India
Coastal Rd likely to remain open 24 hours by mid-June
Mumbai: BMC is aiming to complete the Coastal Road promenade by Jun 15. Officials said that only after the promenade work is completed will the road be opened 24x7. Currently, the road is open 7 am till midnight. It has been over a year after the road was opened to traffic in March last year. The promenade will also feature a dedicated cycle track and is likely to be a boon for walkers and joggers who could use it via the underpasses that have been made. This will be a 7.5 km continuous promenade between Priyadarshini Park (PDP) and the Worli-end of the sea link and will be 20mt wide. Officials say night access remains restricted as material and equipment continue to be transported for the ongoing promenade work, which is almost in the final stages. Interestingly, despite restricted hours, the Coastal Road stretch is already drawing weekend visitors. Around the Breach Candy section, several vehicles have been spotted pulling over as motorists pause to take in views of the Arabian Sea. Kavita Chawla, a Breach Candy resident, likened the scene to a new Marine Drive. "We've always seen cars along Marine Drive stop for a glimpse of the sea. Now, with the promenade nearly complete, the same pattern is emerging here," she said, watching the activity from her home. However, not everyone is as enthusiastic. Nandini Chabria, another resident of the area, raised safety concerns. "It's not safe for cars to halt on a high-speed stretch like the Coastal Road. This kind of stopping should be discouraged by traffic authorities," she said. "Another small work that is yet to be completed is the canopies of the public underpasses (PUP)," said an official. These underpasses can be used to access the promenade at various points along the road. Meanwhile, as reported last week, Reliance Industries Limited (RIL) is the frontrunner for developing the approximately 70 hectares of open space that has been reclaimed along the coastal road. Civic officials estimate that even conservatively, a project of such a large scale may cost the appointed agency around Rs 1,000 crore. The construction of the Mumbai Coastal Road project, which began around November 2018, was to be completed in November 2023. However, delays like the Covid-induced lockdown and a design change owing to resistance from Worli fisherfolk pushed the deadline of the final leg of the project. The entire project is yet to see full completion. The total cost of the project is Rs 13,983.83 crore, which includes the construction cost of Rs 9,383.74 crore and other administrative charges.
