Tag: industry

  • Mubadala Investment Company may invest in Jio

    Discussions are on whether Abu Dhabi-based autonomous investor Mubadala Investment Company can invest in Reliance Industries’ digital arm Jio Platform. This information has been received from a source. Significantly, last week, Reliance Industries announced the sale of a 2.32 percent stake in its digital unit to KKR, a US-based private equity company, for Rs 11,367…

  • COVID-19 to heavily weigh on the OIL INDUSTRY?

    (Pooja Pal; Intern Journalist): INTRODUCTION: Oil ought to be one of the major commodities in terms of utmost importance in the world. Petroleum extracted from oil forms a crucial energy source for vehicles, planes, heating, asphalt, and electricity. Besides being a crucial energy source, petroleum is put to use for plastics, paints, chemicals, tape, etc.…

  • Covid-19 spoils the condition of the sugar industry

    (Juhi Aishwary, Journalist): The sugar industry seems to be stuck in a severe economic crisis due to the pandemic of the Covid-19 virus. Due to negligible demand from large consumers, where mills have a huge stock of sugar, there has also been a serious cash crisis. Therefore, the payment of sugarcane to the farmers has been stopped. At…