The appointments in 2023 were part of a succession planning at India’s most valuable company, which many saw as Ambani’s attempt to avoid the sibling fued that followed his father’s death in 2002.
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The company said it will use the fresh capital to support its expansion plans and strengthen its presence across product categories and geographies. It currently offers over 15 product categories, operates a network of 250 manufacturing units. and has 10,000…
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India’s mergers and acquisitions (M&A) market recorded deals worth $41.49 billion in the first half of 2025, down 5.7% year-on-year, even as deal volume rose 4.6% to 1,577 transactions. The uptick in deal count highlights continued appetite from Indian conglomerates…
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Silverton Industries, an eco-friendly paper manufacturer, has filed for an IPO with Sebi to raise funds through a fresh issue of shares worth Rs 300 crore and an offer-for-sale of 3.22 crore equity shares. The company plans to use the…
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The financialization of household savings in India has gained significant momentum as equities as percentage of household savings in the country has increased from 2.5 per cent in FY20 to 5.1 per cent in FY24, an SBI Research report said…
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Over 120 new mid-market GCCs are expected to be established over this period, led by software, banking, finance and accounting, insurance, and retail industries.
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