Reliance Industries plans Rs 3,000 cr fresh investment in Odisha
Bhubaneswar, Nov 12: Reliance Industries will make a fresh investment of Rs 3,000 crore in Odisha, its Chairman Mukesh Ambani announced here Monday.
Reliance Industries has emerged as one of the largest investors in the state and has already invested Rs 6,000 crore, he said.
"We are committing to invest an additional Rs 3,000 crore in Odisha. Our investment philosophy has a clear goal, to empower everyone in the march of development," Ambani said at the 'Make in Odisha - Conclave 2018'.
"Most of our investments are in creating digital infrastructure," he added.
Ambani said that Reliance Jio is not just another business, it is a mission to transform India, to transform Odisha.
"We have created and sustained new employment opportunities of over 30,000 people in the last two years in the state," he said.
"(The) PM's inspiring vision of digital India is to make India a leader in digital economy globally. Today, India is the fastest digitising economy in the whole world," Ambani noted.
He said that Jio is leading India's digital transformation since it commenced operations a little over two years ago.
Inaugurating the state's showpiece business summit, Odisha's Chief Minister Naveen Patnaik on Sunday had asked industry captains to explore immense opportunities that the state has to offer as it takes rapid strides to emerge as the manufacturing hub of the east.
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ED seeks time to file reply on Jacqueline Fernandez's plea to turn approver in money laundering case
New Delhi (PTI): The Enforcement Directorate on Monday sought time to file its reply on a plea by actor Jacqueline Fernandez seeking to turn approver in a Rs 200 crore money laundering case involving alleged conman Sukesh Chandrashekar.
Special Judge Prashant Sharma posted the matter for further proceedings on May 8.
The court had earlier on April 17 issued notice to the agency after the actor's counsel filed the application.
Fernandez, who was summoned by the ED several times in connection with the investigation, was named as an accused for the first time in a supplementary charge sheet filed by the agency.
On July 3, last year, the Delhi High Court dismissed her petition for quashing the Enforcement Case Information Report (ECIR) in the money laundering case.
Two months later, the Supreme Court refused to interfere with the high court's order.
Delhi Police had booked Chandrasekhar for allegedly duping the spouses of former promoters of Ranbaxy, Shivinder Singh and Malvinder Singh, of Rs 200 crore.
There are other ongoing investigations against him in several cases across the country.
Chandrasekhar and his wife, Leena Paulose, facing proceedings in a money laundering case, were arrested by Delhi Police along with others.
The police invoked the Maharashtra Control of Organised Crime Act (MCOCA) in the case.
Paulose and Chandrasekhar were alleged to have used 'hawala' routes and created shell companies along with other accused persons to park the money earned as proceeds of crime.
