Business News

Anil Ambani’s Reliance Group to Invest $1 Billion in Bhutan’s Renewable Energy

Anil Ambani’s Reliance Group is set to make a substantial investment of approximately $1 billion (around ₹8,300 crore) in Bhutan’s renewable energy sector. This ambitious initiative includes the development of a 1,270 MW capacity project, featuring a 500 MW solar plant and a 770 MW hydroelectric project, in partnership with Bhutan’s Druk Holding and Investments Read More…

Business News

Anil Ambani’s Reliance Infra Cuts Debt by 87%, Marks Financial Revival

Reliance Infrastructure Ltd (RInfra), led by Anil Ambani, has made significant strides in reducing its debt, slashing it by 87% from ₹3,831 crore to ₹475 crore. This was achieved through the repayment of dues to major lenders like Life Insurance Corporation (LIC), ICICI Bank, and Edelweiss. The move has boosted the company’s net worth to Read More…