After economical products, Reliance checking INTO HOTEL BUSINESS?
Reliance Industries has announced an MoU with The Oberoi Hotels and Resorts (Oberoi Group) to jointly manage three properties across India and the UK.
August 2023
JSW Group: Gearing for the supercycle
JSW Steel Ltd. is seeking to form a consortium to bid for a majority stake in Teck Resources Ltd.’s steelmaking coal business, sources said. This will potentially rival an Rs 66,400 cr ($8 billion) offer from commodities company Glencore Plc. Mumbai-based JSW is seeking partners for an offer to acquire 75% interest in the said …
AFTER RICE EXPORT BAN, IS SUGAR NEXT?
After Indian government banned exports on some types of rice, many traders feel sugar may be the next commodity to be on the ban list. The sweet commodity accounts for 12% of the total world sugar exports while India is the biggest sugar consumer in the world. Asian countries like Thailand, Indonesia, China, Cambodia, Japan, and …