Isha Ambani, Akash Ambani, Anant Ambani: What we know about scions that will take over Reliance – Times of India

NEW DELHI: Asia’s richest man Mukesh Ambani took another step on Monday to lay out a succession plan at Reliance Industries Ltd.The 66-year-old elevated his three children as non-executive directors to Reliance’s board and said he will spend the next five years of his chairmanship preparing them to take charge of the conglomerate’s transformation into…

Read More

Centre’s priority is to tame inflation: Finance minister Nirmala Sitharaman – Times of India

NEW DELHI: Union finance minister Nirmala Sitharaman on Friday said that taming inflation to ensure sustained economic growth is the Centre’s “priority”.She was addressing the B20 Summit India, being hosted by the Confederation of Indian Industry (CII).During her speech, the minister said that elevated interest rates for considerable time hampers recovery, adding that her “priority…

Read More

Vande Bharat trains to get a PLI boost as Indian Railways looks to reduce import dependence, make more parts in India – Times of India

Vande Bharat trains will increasingly have indigenous components, with the Modi government looking at a new PLI or Production Linked Incentive Scheme for train parts. In a bid to attract foreign manufacturing firms and lessen import reliance, the government is set to roll out a PLI scheme for train component manufacturers, an ET report said….

Read More