Reliance Industries
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Elon Musk Set to Become World’s First Trillionaire by 2027, Says Report
Elon Musk, the CEO of Tesla and SpaceX, is on track to potentially become the world’s first trillionaire by 2027, according to a report from Informa Connect Academy. Following close behind, Indian industrialist Gautam Adani could achieve trillionaire status by 2028, while Asia’s wealthiest man, Mukesh Ambani, is predicted to reach that milestone in 2033. Musk, currently the wealthiest individual…
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Business
Disney and Reliance Secure Approval for $8.5 Billion Merger, Set to Form India’s Largest Entertainment Company
Walt Disney Co. and Reliance Industries have secured regulatory approval for an $8.5 billion merger of their media assets in India, paving the way to establish the country’s largest entertainment powerhouse. * Viacom18, primarily owned by Reliance, operates 40 television channels, including well-known brands like Comedy Central, Nickelodeon, and MTV. * Viacom18 holds the broadcasting rights for domestic and international…
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Business
Tech Tremors: Why Indian Stock Market Falling
Indian financial markets experienced a significant downturn today, mirroring global trends, with both major indices suffering substantial losses at the opening bell. The Sensex plummeted 2,600 points to 78,385.49, while the Nifty saw a steep decline of 463.50 points, settling at 24,254.20. This sharp decline halted the longest weekly winning streak for the benchmark Nifty 50 and S&P BSE Sensex…
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