The government’s massive push for renewable power, the desire to scale in a new line of business, or simply the prospect of making a killing a few years down the road.
The announcement had Mukesh Ambani written all over it. It came unannounced, involved a whopping $10 billion outlay and held the promise of making Reliance Industries Ltd the biggest player in the sector.
We are talking about Ambani's plans for renewable energy, which he announced at the company's annual general meeting last month. Even though Reliance has hired the odd executive or two in the renewable energy space over the last 18 months, no one had an inkling as to what was in store. Even senior executives within the company, who usually come to know when Ambani is excited about …
Surendar helps lead the newsroom at The Morning Context as executive editor. Over the years, Surendar has worked in industries from pharmaceuticals to diamonds, as well as a stint as an equity analyst. In his long career as a business journalist, he has led teams at The Times of India, India Today and Fortune India. He was part of the founding team at Forbes India and interned at and published in The Times, London.
Executive Editor
surendar@mailtmc.com
Mumbai