{"id":517851,"date":"2022-08-30T09:28:02","date_gmt":"2022-08-30T03:58:02","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=517851"},"modified":"2022-08-30T10:08:41","modified_gmt":"2022-08-30T04:38:41","slug":"ril-plans-rs-2-75-trn-investment-prepares-for-larger-battle-with-adani-grp","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ril-plans-rs-2-75-trn-investment-prepares-for-larger-battle-with-adani-grp\/","title":{"rendered":"RIL plans Rs 2.75-trn investment; prepares for larger battle with Adani grp"},"content":{"rendered":"<p>Billionaire Mukesh Ambani on Monday announced a Rs 2.75 lakh crore investment plan to expand and diversify his USD 221 billion-empire by rolling out 5G services from October, adding capacity in the core oil and chemical business and taking on rival Gautam Adani with a foray into FMCG sector.<\/p>\n<p>Ambani, 65, also identified the businesses his three children will lead in clear signs of succession planning at India&#8217;s most valuable company.<\/p>\n<p>Reliance Jio Infocomm Ltd, the telecom arm of the oil-to-retail conglomerate, will deploy a &#8220;standalone 5G&#8221; version which is not dependent on the previous 4G network, to deliver ultra-fast internet connectivity beginning with four metro cities by Diwali and the entire country by December 2023, he said at company&#8217;s annual shareholder meeting.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Billionaire Mukesh Ambani on Monday announced a Rs 2.75 lakh crore investment plan to expand and diversify his USD 221 billion-empire by rolling out 5G services from October, adding capacity in the core oil and chemical business and taking on rival Gautam Adani with a foray into FMCG sector. Ambani, 65, also identified the businesses his three children will lead in clear signs of succession planning at India&#8217;s most valuable company. Reliance Jio Infocomm Ltd, the telecom arm of the oil-to-retail conglomerate, will deploy a &#8220;standalone 5G&#8221; version which is not dependent on the previous 4G network, to deliver ultra-fast [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-517851","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/517851","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=517851"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/517851\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=517851"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=517851"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=517851"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}