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Detailed stories on technology startups, business and economic current affairs.
Mukesh Ambani’s Reliance Industries was in talks to buy Zee. It may have not “proceeded” with the talks, but there are enough reasons to believe that Ambani cannot do without Zee. Separately, India’s power sector is going through an unprecedented shortage of coal. A shameful situation for a coal-rich country like ours. Who is to blame?

This is Street Smart, The Morning Context’s weekly newsletter on everything that impacts corporate India. Every Thursday, Street Smart will bring you an original, reported or analytical take on issues that have the potential to shake up the business ecosystem.
Surendar here. First there was the rumour, then an insinuation and finally the confirmation. Mukesh Ambani’s Reliance Industries was in talks to buy Zee. It may have not “proceeded” with the talks, but there are enough reasons to believe that Ambani cannot do without Zee. Separately, India’s power sector is going through an unprecedented shortage of coal. A shameful situation …
ADNOC’s strong numbers underline a strategy built on higher output, shipping gains and new routes that sidestep the risky Strait of Hormuz.
Instead of going after scale like Jio, the Sunil Bharti Mittal-led telecom giant is chasing a smaller but higher-quality customer base to grow its home broadband segment. Will the bet pay off?