Reliance Industries
It’s Ambanis vs Birlas in India’s luxury retail market
The launch of Parisian luxury department store Galeries Lafayette earlier this month in Mumbai pits it against Reliance Industries’ Jio World Plaza, a mall which houses boutiques of more than a dozen luxe brands like Gucci and Dior, taking competition between the two corporate biggies notches higher.Galeries Lafayette operates in India in partnership with the…
No impact of Trump pressure? Indian Oil purchases Russian oil from non-sanctioned entities; ‘will continue to buy if…’
Even as Indian refiners are expected to adhere to the sanctions, they are also expected to continue procurement of Russian crude from non-sanctioned firms. (AI image) Despite US President Donald Trump’s pressure on India to stop purchasing crude oil from Russia, state-run Indian Oil Corporation has placed an order for five cargoes scheduled for December…
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