Reliance As Part Of Its Expansion, Acquires Campa Cola Campa was purchased by Reliance Retail for around 22 crores, and the company intends to introduce the renowned soft drink brand to India by October, around Diwali. It is anticipated that the drink will be reintroduced in its classic cola, lemon, and orange flavor. Introduction Reliance …
Evergrande China’s Crisis Is Getting Worse The announcement that the world’s most indebted firm has missed a significant payments deadline has aggravated a crisis there. Chinese real estate developer Evergrande failed to make interest payments to foreign investors while having obligations above $300 billion (£228 billion). Introduction The massive and severely indebted Chinese house builder …
Masayoshi Son SoftBank’s Billionaire Founder Introduction According to Bloomberg’s Billionaires Index, Masayoshi Son, the billionaire founder and C.E.O. of the Japanese holding firm SoftBank, is worth an estimated $16.3 billion. After Tadashi Yanai, the creator of Uniqlo, he holds the second-highest net worth in Japan. Son invests millions of dollars through SoftBank and his $100 …
Deceptive Marketing In Food Industry Introduction It is unimaginable to overstate the advantages of making health claims about a product or service to advertising in our culture, which is becoming more and more health concerned. However, advertising statements must be accurate and able to withstand factual scrutiny, and the content released to the public must …
The Sri Lankan Economic Crisis Causes and Consequences Introduction Sri Lanka is now experiencing a severe economic and political crisis that recently resulted in a default on debt obligations. There are several causes for this crisis, and the economic unrest has spawned widespread unrest and bloodshed. This diagram explains some contributing factors to Sri Lanka’s …
A COMPREHENSIVE GUIDE TO THE LIC IPO INTRODUCTION The Life Insurance Corporation of India will host a board of directors meeting to evaluate and authorize the distribution of dividends, if any, according to a BSE filing. The conference is set to take place on May 30. After a successful initial public offering (IPO) that raised …
Reliance Retail saw a 53 % increase in their Q3 revenue from RS 37,845 crore to RS 57, 714 crore which includes services and sales. Reliance retail is the retail arm of India’s Biggest conglomerate Reliance industries and is owned and run by India’s richest Man Billionaire Mukesh Ambani. The retail arm of Reliance Reliance …
Reliance Industries is one of the biggest conglomerates in India and new reports state that the group is in the talk to acquire a controlling stake in a luxury five-star hotel in midtown Manhattan, Mandarin Oriental New York by nearly paying 100 million dollars. The Group is closing this deal through the purchase hotel’s Cayman …