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Anant Ambani Wedding Details: Check dates, dress-code, venue and guest-list
Anant Ambani Wedding Venue Details: Anant Ambani is set to marry Radhika Merchant in a lavish wedding from July 12-14, 2024, at Mumbai's Jio World Convention Centre. The celebrations include traditional ceremonies like Shubh Vivah, Shubh Aashirwad, and Mangal Utsav. Pre-wedding festivities have included extravagant events with global celebrities like Rihanna and Justin Bieber performing. The couple's relationship began in 2017 and has been marked by grand gestures, reflecting the opulence and influence of the Ambani family.
Anant-Radhika's Wedding: At the Wedding of the year, the A-list Includes Ex-PMs, CEOs, and Kim Kardashian
Nearly a dozen former presidents and prime ministers, alongside top global CEOs and celebrities like Kim Kardashian, are set to attend the wedding festivities of Radhika Merchant and Anant Ambani in Mumbai this weekend. Political heavyweights include Tony Blair, Boris Johnson, and John Kerry, while business moguls like Amin Nasser and Shantanu Narayen will also be present. The celebrations, spanning multiple events including a wedding ceremony and reception, mark the union of Anant Ambani, the youngest son of Mukesh and Nita Ambani, amidst a star-studded guest list from around the world.
Anant Ambani Wedding: From Haldiram’s snacks to silver coins; here's what the Reliance staff received
Anant Ambani Wedding : To celebrate Anant Ambani's wedding, the Ambani family gifted Reliance employees special boxes filled with Haldiram’s snacks, including aloo bhujia, sev, and sweets. The wedding, set for July 12, features months of extravagant pre-wedding events and a star-studded guest list. While the event has boosted hotel bookings in Mumbai, it has also caused traffic disruptions and local frustration. The Ambanis' gesture highlights their appreciation for employees amidst the lavish celebrations.
Anil Jayaraj quits as CEO of Viacom18 Sports
Anil Jayaraj, Viacom18's sports CEO, resigned after nearly three years. His departure coincides with Viacom18's merger with Star India under Reliance Industries. Sources revealed Jayaraj submitted his resignation on Monday, but Viacom18 did not respond to requests for comments
Reliance Industries wants petroleum product pipeline tariff linked to rail freight
Reliance Industries has opposed annual escalation in petroleum products pipeline tariff, preferring it to be linked to railway freight rates instead. Stakeholder meeting hosted by PNGRB saw discussions with major players like Indian Oil, Hindustan Petroleum, GAIL, and Reliance BP Mobility Ltd. Draft regulations aim to balance pipeline entities' interests and consumer protection, with differing opinions on tariff escalation rates.
Reliance-BP and Shell-MRPL jet fuel sales take wing in April
Reliance-BP and Shell-MRPL, the two private sector joint ventures, have made extraordinary gains in a year, taking their combined market share in the ATF market to 10.3% in April from 6.3% in the same month last year, according to industry data.
BP appoints Kartikeya Dube as India unit chief
Dube's appointment will be effective from July 1. He will take over from Sashi Mukundan who will retire from BP after serving the company for over 42 years. Kartikeya has been with BP for more than 20 years, serving in finance, commercial and business transformation in India, Singapore, and the UK, according to the statement.
Reliance wins govt nod for additional investment to raise KG-D6 gas output
Reliance Industries Ltd and bp Plc approved for additional investments in KG-D6 gas reserves, aiming for a 4-5 million cubic meters daily production increase. The recent focus on gas production is evident in their strategies.
Private oil companies grab bigger share of aviation fuel market
State-run refiners have traditionally dominated India's aviation turbine fuel business. Private players have, however, gained ground in a decade, aided by open access at airports. Reliance and its JV with BP supply jet fuel at about 30 airports now and serve most of the domestic airlines. Shell's JV sources jet fuel from MRPL's Mangaluru refinery to supply airports in South India.
Jio-BP, Nayara, Shell unable to regain pre-2022 market share
Nayara Energy leads the private players, accounting for more than half of their combined sales. Nayara also operates the largest network of petrol pumps among private retailers. It has 6,590 pumps while Jio-BP, the joint venture of Reliance Industries and BP, operates 1,700 pumps, according to the oil ministry data. Shell has just 340 fuel stations and less than 1% share in domestic sales of petrol and diesel.
Jio-bp to set up EV charging infra at properties of House of Hiranandani
Jio-bp, the JV of Reliance and bp, partners with House of Hiranandani to set up EV charging infrastructure in Mumbai, Hyderabad, Chennai, Bengaluru, starting with Hiranandani Estate and Hiranandani Meadows in Thane. Offering world-class EV charging facilities at affordable prices.
Good news for Bengaluru EV owners. Reliance BP to set up 225 public charging stations in city
Bengaluru will have 225 public charging stations set up by Reliance BP Mobility Limited. These stations will have both AC and DC chargers, with a total of 1,190 AC chargers. Karnataka leads in EV charging infrastructure in India, followed by Maharashtra and Delhi.
Jio-BP to add 250 fuel retail outlets this year, double EV charging points
Reliance BP Mobility Limited (RBML), the joint venture between Reliance Industries and BP, plans to expand the retailing of compressed bio-gas (CBG) and Bio-CNG (B-CNG) to 200 outlets. Currently retailing in western India, the company aims to have 1950 fuel retail outlets, including 250 additions by the end of 2024.
OMCs can have a further trading rally, but not great long-term investment stocks: Dipan Mehta
Dipan Mehta says: :Oil marketing companies can have a further trading rally even from these levels, but these are not great long-term investment stocks as we have seen. Their performance is extremely patchy and if oil prices start to move up, then these companies profitability will certainly come under stress. So, while they are great trading opportunities, I am not sure I can look at buying HP, BP, Indian Oil on a three-five-year investment horizon."
Snap-E Cabs, Jio-bp launch EV charging hub in Kolkata
Snap-E Cabs and Jio-bp unveiled a new electric vehicle charging hub in Kolkata. The hub, located in the basement of Axis Mall, has 150 stations, including 26 with one-hour rapid charging technology. It operates under the Jio-bp brand, a joint venture between Reliance Industries and British Petroleum. The hub was inaugurated by the British High Commissioner to India and the British Deputy High Commissioner to East & North-East India. Snap-E Cabs plans to expand its network to 2,500 charging stations by the end of the fiscal year.
OALP 8: ONGC wins seven, Reliance-BP, Sun Petro & Oil India win one block each
India had offered 10 blocks for bidding of which ONGC won seven, Oil India, Sun Petrochemicals, and a consortium of Reliance Industries Ltd and BP Plc got one area each. Contracts for the 10 blocks were signed on Wednesday. "Estimated investments in awarded blocks for committed exploration work program is to the tune of $7.4 Million," the press statement added.
ONGC wins 7, Reliance-BP one oil, gas blocks in latest bid round
In the recent Open Acreage Licensing Policy (OALP-VIII) bid round, India's ONGC won seven exploration blocks while Reliance Industries Ltd and BP Plc secured one. Oil Minister Hardeep Singh Puri confirmed the signing of contracts for 10 blocks, including three coal-bed methane (CBM) areas. The bidding saw limited private sector participation, with notable exclusions of global energy majors. The government aims to bolster domestic oil and gas production, emphasizing policy reforms to reduce import dependency.
RIL-BP set to get top dollar at KG gas sale
The consortium has offered to sell 4 million metric standard cubic meters a day (mmscmd) of natural gas in an e-auction slated for November 21, according to the bidding document. The supplies would start from December 1.
Diesel, petrol consumption rises year-on-year on increased mobility
The overall consumption of refined fuels rose 6.5% in August from a year earlier. The gains in sales of petrol and diesel in August have mainly been on account of the private fuel retailers. State fuel retailers such as Indian Oil, Bharat Petroleum and Hindustan Petroleum together sold 2.9% less diesel in August over last year and 0.4% more petrol.
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