Nita Ambani, Ambani’s wife, is stepping down from the board of Reliance Industries Ltd, which has accepted the nominations of Isha, Akash, and Anant Ambani as non-executive directors.

As Chinese steel shipments drop, Tata Steel Ltd., India’s second-largest steel manufacturer, is optimistic about pricing. On the eve of the B20 Summit in New Delhi, CEO TV Narendran had an interview with Bloomberg News.

The Car Connectivity Consortium (CCC) reported today that PlugFest #5, facilitated by Shenzhen Snowball Innovation, zeroed in on Close field Correspondences (NFC) testing and united automakers and gadget producers to help advance CCC Digital Key in conveying a safe, easy, and general norm for vehicle access.

The LYCRA Company, a worldwide innovator in creating imaginative and supportable fiber and innovation answers for the clothing and material industry, reported today that it is exhibiting its most recent items at Intertextile Shanghai, August 28 – 30.

Chinese manufacturer of electric vehicles BYD Co Ltd announced on Monday that its subsidiary has agreed to purchase Jabil Inc’s mobility business in China for 15.8 billion yuan ($2.17 billion) from the Singaporean branch of the American manufacturing company.

The smart electric vehicle (EV) division of the world’s largest ride-hailing firm, Didi, will be acquired by the Chinese electric car startup Xpeng (9868. HK), according to the announcement. The two businesses will also establish a strategic alliance.

Education comes as a spiritual and productive journey to shape society and encourage us all to persevere. Today, at Business Outreach Magazine, we were glad to understand the success story of S.K. Shukla, Founder of TKL Consultancy Private Limited.

PhysicsWallah, an edtech unicorn, has announced the opening of 26 new PW Vidyapeeth facilities across India, as well as the introduction of scholarships worth INR 200 crore through its PWNSAT 2023 program (Physics Wallah National Scholarship cum Admission Test).

Reliance Capital has made a move by selling 45% of its subsidiary, Reliance Home Finance for Rs 54 crore. This sale will help the company in its efforts to recover

India is currently in the process of formulating a fresh EV or electric vehicle policy, with a specific focus on reducing import taxes for automakers willing to engage in local manufacturing.

Zepto, an online grocery delivery service, secured $200 million in Series-E funding, valuing the business at $1.4 billion and elevating it to the status of 2023’s first unicorn.

Reliance Industries, a conglomerate is considering selling a 8 10% stake, in Reliance Retail Ventures. The purpose of this move is to fund expansion plans reduce debt and prepare for a listing.