Oil

US Offers India Controlled Access to Venezuelan Oil Amid Russian Import Squeeze

The US is proposing a framework for India to access Venezuelan oil while maintaining tight control over its distribution and proceeds. This strategy aligns with efforts to reduce India’s reliance on Russian crude amid escalating trade tensions. US Oversight on Venezuelan Oil Washington plans to handle the marketing of Venezuelan crude to global buyers, including…

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Reliance

Reliance and Nvidia Partner to Build AI Infrastructure in India: Jensen Huang

Reliance Industries and Nvidia are joining forces to build AI infrastructure in India, announced Nvidia CEO Jensen Huang on October 24. During a conversation with RIL chairman Mukesh Ambani, Huang expressed his enthusiasm for the collaboration, calling it a remarkable opportunity for India, given its large population and vast pool of computer engineers. “This is…

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Reliance

Reliance secures government approval for the transfer of Viacom18’s non-news and current affairs TV channel licenses to Star India.

This is a significant step in the merger between Viacom18 and Star India, Disney’s Indian unit, to form India’s largest television and digital streaming entity. On February 28, 2024, Reliance Industries Limited (RIL) first announced the merger plan, with the Competition Commission of India (CCI) granting approval on August 28, 2024. The National Company Law…

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