Mukesh Ambani heads towards elite 100 Billion club after adding $3.7 bn to his fortunes last week
New Delhi: Industrialist Mukesh Ambani’s decision to invest 10 Billion dollars in clean energy has resulted in an addition of $3.7 Billion to his net worth on Friday. The shares of his flagship company surged after the decision on clean energy goals was announced.
According to the Bloomberg Billionaires Index, the chairman of the reliance group of industries is now worth $92.6 billion. Asia’s wealthiest man is now heading closer to Françoise Bettencourt Meyers, a French billionaire who is worth $92.9 billion.
The telecommunication unit of Reliance Group of Industries has become a dominant player in the Indian market. The company has seen an increase in its digital operations as it is backed by companies like Facebook INC.
The decision to invest $10 Billion in a clean energy project falls in line with Prime Minister Narendra Modi’s to slash imports and combat climate change.
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Dharwad Corporation zonal offices raided after complaints of corruption in issuing land records
Hubballi: Karnataka Lokayukta officials on Friday conducted raids at multiple zonal offices of the Hubballi-Dharwad City Corporation following complaints alleging bribery and delay in issuing land-related documents, including e-Swathu records.
The raids were carried out in the morning under the leadership of Siddalingappa S.T.. Separate teams inspected 12 zonal offices of the Corporation and examined records linked to land ownership and document processing.
According to sources, the Lokayukta received complaints from members of the public alleging that Corporation officials were demanding bribes for issuing e-Swathu and other land documents.
Residents reportedly alleged that applications were being deliberately delayed if bribes were not paid.
Based on these complaints, officials carried out inspections of files and records connected to land ownership and issuance of documents.
Further investigation is underway.
