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Jio s ARPU stood at Rs 138.2 as of March 2021. Average data consumption for FY21 stood at 13.3 GB per user, while total data consumption for FY21 rose to 16.7 billion GB ....
Will Adani beat Ambani to become richest Indian? Umm.did you count Jio? Ambani might be smarting on account of a held-up deal with Saudi Aramco and a legal tussle over acquisition of Future Retail, but he still holds two assets that can put him on top in this wealth race Vivek Punj | May 25, 2021 | Updated 18:51 IST Adani has raised his wealth rapidly, but Ambani still has an ace up his sleeve Mukesh Dhirubhai Ambani and Gautam Shantilal Adani - two ubiquitous names in India Inc, and currently the first and second richest Indians. Mukesh Ambani, who is at the helm of India s most valuable company Reliance Industries, has held the position of the richest Indian for a long time. But, Gautam Adani has closed the gap rapidly with rising valuations of his companies listed on stock exchanges. ....
Looking beyond the Reliance deals, we need to ask whether FDI inflows during April to Dec 2020-21 are in sync with development priorities set by GoI. ....
Mubadala announces a total comprehensive income of Dhs72 billion 06 May 2021 Picture used for illustrative purpose. Mubadala Investment Company on Thursday released its 2020 financial results for the Group. In 2020, Mubadala achieved a Total Comprehensive Income attributable to the owner of Dhs72 billion for the year, compared to Dhs53 billion in 2019. It is the largest TCI in Mubadala’s history, driven by significant growth in Mubadala’s public equities portfolio and funds, as well as the company’s assets across various sectors. The performance was also attributable to Mubadala’s multi-year strategy to increase investments in sectors with growth ‘tailwinds,’ such as technology, life sciences, and consumer goods, through direct investments and partnerships with leading fund managers. Major investments in 2020 reinforced that strategy, including long-term agreements with Silver Lake in technology; in life sciences with PCI Pharma ....