Why COP28 matters to Mukesh Ambani’s ‘new energy’ ambitions
With a foot on either side of the climate debate, the billionaire is trying to set up Reliance Industries for its next leg of growth. A favorable outcome at the summit is exactly what he needs to convince investors.
17 November, 2023•10 min
0
17 November, 2023•10 min
0
Getting your Trinity Audio player ready...
More in Business
Business
Vedanta shines, but fault lines remain
Record earnings and a cleaner balance sheet offer relief, but muted production growth, delayed projects and a heavy reliance on favourable commodity cycles could weigh on the newly demerged entities of Anil Agarwal’s mining-to-metals group.
You may also like
Business
A mixed bag of a year for Reliance Industries
Telecom and retail both continue with their ‘hit and miss’, while O2C delivers an unsurprisingly poor performance in Q4. This is a year RIL will be glad to see the back of.
Business
Can Vikram Solar’s new CEO close the gap?
The solar module maker is banking on Sameer Nagpal to build 12 GW of cell capacity from scratch and catch up with Waaree and Premier—but the runway is tight and rivals are formidable.
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.