The Ambani overhang on Oberoi hotels
With the passing of P.R.S. Oberoi, it’s not succession but the possibility of Reliance increasing its already sizeable stake in EIH that’s a worry.
9 January, 2024•9 min
0
9 January, 2024•9 min
0
Getting your Trinity Audio player ready...
More in Business
Business
Jubilant finally moves on from Dunkin’
The restaurant chain operator has decided not to renew its franchise agreement for the coffee and donut chain in India. This was a long time coming, and it’s only good news for Jubilant and its shareholders.
You may also like
Business
Reliance’s $3 billion deal sparks life in green ammonia sector
Mukesh Ambani's conglomerate signs one of the world's largest binding green ammonia offtake agreements. In doing so, it delivers a credibility boost to an industry stuck between ambition and execution.
Business
Reliance’s growth engines may be losing steam
Telecom and retail, which account for half the conglomerate’s revenue and most of its valuation, aren’t accelerating fast enough to justify their price tags.
Business
Reliance’s battery plans run into a China wall
Mukesh Ambani’s $10-billion bet faces a harsh reality: much of the clean-energy stack still sits overwhelmingly in Chinese hands.