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Business / Daily Excelsior

Reliance invests Rs 30k cr in retail in FY22; to accelerate store expansion, e-commerce

New Delhi, Aug 8: Reliance Industries invested Rs 30,000 crore (around USD 3.76 billion) in its retail business and added 2,500 stores, taking the total storecount to 15,196 in FY22. Besides, Reliance Retail added 11.1 million square feet of warehousing space during the year, nearly doubling the warehousing space to 22.7 million square feet, Reliance Industries Ltd (RIL) said in the annual report for FY22. In FY22, Reliance Retail added over 1.50 lakh jobs, taking its total headcount to 3.61 []

9 Aug 2022 12:11 am
19 incidents of drones, UFOs flying around Indian airports since 2019: Govt

NEW DELHI, Aug 8: There have been 19 incidents of drones or unidentified flying objects (UFOs) flying around Indian airports since 2019, Minister of State for Civil Aviation V K Singh said on Monday. According to the Airports Authority of India (AAI), the number of cases wherein drones or UFOs were detected around airports across the country were 11 in 2019, he said in his written reply to a question in Rajya Sabha. There was no incident of drones or [] The post 19 incidents of drones, UFOs flyi

8 Aug 2022 8:06 pm
Rupee falls 40 paise to close at 79.64 against US dollar

Mumbai, Aug 8:The rupee fell 40 paise to close at 79.64 (provisional) against the US dollar on Monday amid waning risk appetite among investors. Lower global crude prices and a rally in domestic equities restricted the losses to some extent, forex dealers said. At the interbank foreign exchange market, the domestic currency opened weak at 79.50 per dollar. It oscillated between a high of 79.45 and a low of 79.65 during the session. It finally settled at 79.64, down 40 [] The post Rupee falls 40

8 Aug 2022 4:26 pm