Louth Online http://louthonline.com/ Sat, 26 Jun 2021 03:59:01 +0000 en-US hourly 1 https://wordpress.org/?v=5.7.2 http://louthonline.com/wp-content/uploads/2021/03/louthonline-icon-70x70.png Louth Online http://louthonline.com/ 32 32 Who was John McAfee? http://louthonline.com/who-was-john-mcafee/ http://louthonline.com/who-was-john-mcafee/#respond Sat, 26 Jun 2021 03:09:00 +0000 http://louthonline.com/who-was-john-mcafee/

Its name remains synonymous with antivirus software to this day, but John McAfee – who died in a Spanish prison this week – was about as far removed from the stereotype of a programmer as possible.

A first contact with death

John McAfee was born on September 18, 1945 in Gloucestershire, UK, just 16 days after the end of World War II. His father Don Harold McAfee was an American soldier stationed in the United Kingdom, while his mother Joan Ellen Williams was British.

McAfee senior was originally from Virginia, and the family moved there shortly after the birth of their only son, John. He grew up in Roanoke, Virginia, where his father worked as a land surveyor.

To call her childhood unhappy would be a huge understatement. After beating his son mercilessly – and often – for years, Don McAfee, a heavy drinker, committed suicide with a gun in 1961. John, who was 15 at the time, was haunted by death of his father for the rest of his life.

The Antivirus Godfather

In 1968, McAfee began his career as a programmer at the NASA Institute for Space Studies in New York City during one of the most exciting times in human history: the first moon landing.

He then worked at Univac, Xerox and Booz Allen Hamilton, while being addicted to alcohol and drugs. The fact that he was able to continue to get jobs in reputable organizations despite his demons is a testament to his skills as a programmer.

But by 1983, his addictions had grown too severe, and McAfee – now at Omex – was often found drinking and using drugs in his office. The company fired him, inadvertently giving him the red flag he needed. McAfee joined Alcoholics Anonymous.

He then joined US defense contractor Lockheed Martin, where he discovered a piece of code that, once on a computer, could automatically copy itself to any floppy disk inserted into it. The code has been called, and rightly so, a virus.

John McAfee speaks during interview in Havana

McAfee immediately sensed that as computers proliferated, the threat of computer viruses would skyrocket. This prompted him to found his own company, McAfee Associates, in 1987.

As he predicted, computer viruses became a global threat over the next several years and McAfee Associates grew into a multi-million dollar business. Unlike its competitors, which charged for their software, McAfee offered its product for free but charged for technical support and upgrades. This strategy blew the competition away and arguably changed the industry forever.

In August 1993, McAfee resigned his role as Managing Director, but remained with the company as CTO. In 1994, he sold his remaining stake in the company.

After various mergers and ownership changes, Intel acquired McAfee in August 2010.

Two years earlier, McAfee had lost 96% of his estimated $ 100 million fortune during the 2008 financial crisis.

The craziest presidential race of all time

McAfee ran for President twice – in 2016 and 2020. His first campaign focused heavily on the threat of computer warfare and the need to prepare for it, a position that proved prophetic when the extent of Russian interference in that year’s election was revealed.

In June 2018, McAfee announced he would run for president again in 2020. But in January 2019, reports revealed that he, his wife and four members of his campaign were under investigation by the government. ‘Internal Revenue Service (IRS) for tax evasion.

McAfee did what any sane candidate for President of the United States would not. He moved his campaign headquarters to Havana, Cuba, and vowed to continue his campaign as a fugitive from the law using hundreds of masked lookalikes.


On March 4, he suspended his presidential campaign, to change his mind and resume the race the next day.


The bitter end

In October 2020, McAfee was arrested in Spain at the behest of the United States for failing to file tax returns for four years and concealing assets, including property and yachts, on behalf of others.

In March, the US Department of Justice added fraud and money laundering charges to this list, alleging that McAfee and a business partner deceived investors over $ 13 million into deceptively promoting crypto. -coins.

McAfee resisted the extradition, saying he would be politically persecuted, but on June 23, Spain’s National Court approved his extradition to the United States.

Hours later, he was found dead in his prison cell, aged 75. His lawyer Javier Villalba said he died by hanging. If found guilty, he could have faced up to 30 years in prison.

Shortly after his death, this tweet from December 2019 went viral on social media. Sharing a photo of his tattoo on his right arm, McAfee wrote, “If I kill myself I didn’t. I got hit. Check my right arm.”


Let’s move on to the other big developments of the week


DIGEST FOR ETtech BUSINESS

Mukesh Bansal and N Chandrasekaran

Photo: Tata Digital Chairman Mukesh Bansal (left) and Tata Sons Chairman N Chandrasekaran

Son of Tata has reportedly approached global investors to raise around $ 2 billion to $ 2.5 billion for its digital business, even as the group gears up for a pilot launch of its super app in Bengaluru in September. Curefit co-founder Mukesh Bansal, who recently joined Tata Digital as president, is a key member of the fundraising team.

PharmEasy Parent API Fund acquires a 66.1% stake in the diagnostics chain Thyrocare for Rs 4,546 crore as it seeks to diversify and strengthen its testing business. This is the first acquisition of a listed company by an Indian unicorn. The company will also make an open offer for a additional participation of 26%. As part of the deal, the promoter of Thyrocare A Velumani invest nearly Rs 1500 crore in API Holdings for a 5% stake which links the valuation of PharmEasy to $ 4 billion, against 1.8 billion dollars at the time of the last fundraising.

■ Global private equity fund KKR invests $ 625 million for a 54% stake in Vini Cosmetics, valuing the company at around Rs 8,600 crore. The investment is the largest consumer goods company buyout by PE in India and ranks among the top M&A deals in the consumer sector.

A quick look at the the best offers of this week

summary of offers

OTHER BIG STORIES FROM OUR REPORTERS

E-commerce delivery

The government’s proposed changes to e-commerce rules would apply not only to e-commerce markets such as Amazon India and Flipkart, but also to a wide range of online companies such as travel company MakeMyTrip, companies Zomato and Swiggy food delivery companies, the ridesharing companies. Ola and Uber, and home service provider Urban Company. The government’s clarification on flash sales has further compounded the confusion for online merchants. Also read our analysis of why e-merchants are unhappy with these draft guidelines.

Crypto swing

The country’s young crypto investors are betting on the fledgling industry as investors and pundits question whether or not the market entered a bearish phase after Bitcoin fell below $ 30,000 for the first time this week since January. Meanwhile, family offices and high net worth individuals in India are also joining the crypto movement in droves, even as the country’s major crypto exchanges plan a multi-pronged approach to lobby the government to regulate the crypto movement. cryptocurrency in India.

rs prasad

Twitter’s actions were in violation of India’s new IT rules, he said in a tweet. Shashi Tharoor, the chairman of the parliamentary information technology panel, said he would seek an explanation from the social media company about the incident and the rules it follows when operating in the country. While the Covid-19 pandemic has increased the demand for business IT services and led to increased attrition rates and pressure on margins due to wage increases, measures such as increased offshoring and Cuts in discretionary spending were likely to offset headwinds in the near term, IT industry analysts said. Some startups offer free services to schools. Fee collection has been particularly low in recent times – parents feel they don’t have to pay the full fee because children are not in school. The growing number of liquidity events and employee share buybacks over the past year has drawn CXO talent from large companies to startups.

Jio Cloud

Trusted industries President Mukesh Ambani

Kurian said the Jio-Google Cloud deal for 5G technology is “branded” and will help the company grow quickly and become profitable. Also read the key technology announcements from Reliance Industries’ AGM 2021.

That’s about all from us this week. Stay safe and get vaccinated when you have the chance.




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Add These Colorado Rivers To Your Totally Tubular Summer List http://louthonline.com/add-these-colorado-rivers-to-your-totally-tubular-summer-list/ http://louthonline.com/add-these-colorado-rivers-to-your-totally-tubular-summer-list/#respond Fri, 25 Jun 2021 15:42:22 +0000 http://louthonline.com/add-these-colorado-rivers-to-your-totally-tubular-summer-list/

Who is ready to put on their float?

Summers are almost always spent near or in some kind of water. As children, we were always at the pool, swimming in the creek near our house, or putting the sprinkler under the trampoline to “help” daddy with watering the lawn. The easiest way to have fun and keep cool during these hot months is to use water.

For many, that means floating on the river.

If you’ve never floated a river before, it’s pretty fun and relaxing. All you need to do is grab an inner tube, some good friends, and pack a cooler. Oh, and don’t forget the sunscreen. Nothing puts a stop to the experience of floating the who river than a body burned to life. I also recommend that you wear good water shoes.

Once you get to the river, simply attach each other’s inner tubes to each other and use an extra tube for your cooler. And don’t forget to bring a garbage bag for empty cans and so on. # Leave no trace. Then just step into the water, put everyone on their tubes, and float on them.

I feel more relaxed just thinking about it.

Recently, Out There Colorado compiled a list of the top five places for tubing in Colorado. One of them is in Fort Collins, so we won’t have to go too far for that one. Even if we weren’t number one on their list, we won’t get too freaked out about it. However, it may be worth adding the others to your list.

Here is what they chose:

1. Clear Creek in Golden
2. Yampa River at Steamboat Springs
3. San Juan River at Pagosa Springs
4. Poudre River at Fort Collins
5. South Platte River in Denver

LOOK: The most unusual and wonderful attractions of Route 66, state by state

Stacker has compiled a list of 50 attractions – state by state – to see along the way, drawing on information from historic sites, newspaper articles, Roadside America and the National Park Service. Read on to find out where travelers can have fun on Route 66.

LOOK: See how much gasoline cost the year you started driving

To learn more about how the price of gasoline has changed over the years, Stacker has calculated the figures for the cost of a gallon of gasoline for each of the past 84 years. Using data from the Bureau of Labor Statistics (released April 2020), we analyzed the average price of a gallon of regular unleaded gasoline from 1976 to 2020 as well as the Consumer Price Index (CPI ) for regular unleaded gasoline from 1937 to 1976, including absolute and inflation-adjusted prices for each year.

Read on to explore the cost of gasoline over time and rediscover how bad a gallon was when you first started driving.


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Bank risk managers put climate at the top of their agenda http://louthonline.com/bank-risk-managers-put-climate-at-the-top-of-their-agenda/ http://louthonline.com/bank-risk-managers-put-climate-at-the-top-of-their-agenda/#respond Fri, 25 Jun 2021 11:00:21 +0000 http://louthonline.com/bank-risk-managers-put-climate-at-the-top-of-their-agenda/

For most of my life, I haven’t been a fan of golf. With all the elitism and environmental issues and a myriad of other issues, it certainly ranks among the least ESG-friendly sports. And that’s not to say how terribly boring it looked on TV.

However, being in our forties has done strange things to all of us. Last summer when everything inside was locked, some of my friends got in on the game and invited me to join them. At first, I hesitated. But when they explained that it was really just an excuse to go outside and have a few beers in a socially distanced way, I came back pretty quickly.

And a year later, we’re still playing most weekends, even though New York is starting to reopen.

I’m not alone: ​​A wave of new players during the pandemic has been credited with saving the sport from extinction. But now comes a new twist: environmental, social and governance (ESG) fashions are hitting golf.

This week, the Moral Money team received a PR pitch from a company touting its new line of sustainable golf apparel. It may sound ridiculous. But the mere fact that someone thinks there is a market for eco-friendly golf clothing is a striking sign of the times.

Personally, I won’t be rushing to update my wardrobe. On the one hand, I have managed to become comfortable with the cognitive dissonance required to be a golfer writing an ESG newsletter.

Plus, I think my money would be better spent on golf lessons. If I really want to reduce my environmental impact, the best thing I can do is stop creating plastic pollution by throwing balls into the water. Billy Nauman

An investigation that caught our attention

Every day, our inboxes at Moral Money are inundated with about a million arguments (give or take) about ESG surveys or reports. And to tell the truth, it is rare that they are even opened.

Apologies to all the PR people reading this and clenching their fists in rage, but there are so many of you, so few, and not enough hours in the day.

The big problem is that most of these locations follow a similar formula: [Group X] interrogates [Group Y] and found a growing interest in [insert ESG topic here]. They rarely provide compelling information that we haven’t seen before.

Sometimes, however, one of them jumps out and catches our eye, like this new survey of banking risk managers at EY and the Institute of International Finance (IIF).

In their survey, they found that interest in climate risk is (yes) soaring among banks. But what emerges from this survey is that it was not designed specifically to measure opinions on GSS.

Pollsters simply asked bank risk managers what they thought was the biggest threat to their business. And the climate arose organically at the top of the heap.

Over a one-year period, the climate ranks third behind credit risk and cybersecurity. And over the next five years, risk managers see the climate as the number one issue facing banks.

This is the 11th year that EY and IIR have conducted this survey, and climate risk has truly “come out of nowhere,” said Mark Watson, Managing Director of Financial Services at EY Americas.

One of the “dazzling” reasons for this is the increase in extreme weather events such as forest fires and hurricanes that can disrupt daily operations, he said. Banks are also concerned about upcoming climate stress tests of central banks, stranded assets and transition risks that will accompany measures taken by governments to curb emissions.

However, the heightened awareness is not entirely negative. Watson said banks are taking a closer look at the climate now because they see a big opportunity. “I think people are finally realizing that in financial services, we don’t get to a zero carbon economy without funding.”

The obvious question is: what are they doing about it? We’ve, of course, seen a number of net zero promises of, say, uh, varying ambition. But Watson believes more serious action is on the horizon.

Banks were already appointing dedicated climate risk teams at very high levels, he said. And he thinks banks are planning a big push on bridging finance to enable large companies, SMEs and individuals to go green.

“Once you see innovation in this large-scale space, the acceleration will be huge,” he said. (Billy Nauman)

Despite corporate racial fairness promises, minority founders face funding challenges

JPMorgan Chase announced new long-term commitments to advance racial equity © JP Morgan Chase

With the huge amount of money pledged by companies for racial equity last year – including JPMorgan’s $ 30 billion pledge, you can expect cash flow to start-ups. founded by minorities.

But these funds did not quickly filter through the financial system. During the pandemic, less than 1% of the $ 150 billion companies raised from venture capitalists went to black start-up founders, according to Crunchbase. Funding for female founders has also plummeted, PitchBook said.

There has been a “flight to risklessness” during the pandemic that has stung those outside the clubby venture capital network, which has historically favored white and male founders, said Olivier libby, a venture capitalist in New York.

Libby’s company was one of the few venture capitalists to seek out minority founders long before the Black Lives Matter movement took a closer look at the lack of diversity in the corporate world. This week, her company unveiled its first Series A-focused venture capital fund, which includes only women and minority founders in its first seven holding companies – one of the only generalist funds founded by white VCs in have such a diverse portfolio.

The industry needs to do more with its financial clout to make a meaningful change, Libby told Moral Money. A lot of large corporations and limited partners were reserving allocations for minority venture capitalists, he said. While this is “fantastic news,” most funds start small.

Libby’s fund companies first experienced funding challenges over the past year. Travis Montaque, founder of Holler, one of the fund’s investments, said there had been a decline in investments last year as his company experienced significant growth.

“If we’re really going to make the changes that we talked about last year as an industry, the legacy venture capital funds that have been around for a while – most of them are controlled by people like me. – must also invest in seriously under-represented founders, from their primary vehicles, not a sidecar, not a donor advised fund, ”Libby added. (Patrick Temple-Ouest)

Lego learns that dropping plastics isn’t easy

© Steve Mayes

Legos have always enjoyed a sense of timelessness. Its plastic bricks don’t break down, ensuring that parent’s blocks stored for decades in an attic can be presented with joy to next-generation toddlers keen to build.

But the ABS plastic used by Lego has long posed an environmental problem for the Danish company. For 1kg of ABS, you need about 2kg of oil. Eager to reduce the use of plastic, Lego has sought for years to develop bricks that respect the environment. But the problem haunting Lego’s drive for sustainability is that plastic alternatives have to interlock together and still be easily separated – a metric known as “clutch power,” in Lego terms.

Lego announced a breakthrough on Wednesday. He tests the plastic of discarded bottles for bricks that seem to do the trick. More than 150 people have tested more than 250 different bottle variations over three years to get to this point, the company said.

It will still be some time before recycled plastic bricks appear in Lego products, the company added. The next phase of testing is expected to take at least a year.

While Lego’s efforts may take some time, it highlights increased R&D spending on sustainable alternatives – from agriculture (see BASF’s announcement this year) to fashion. Once this demand is established, investors will hopefully be ready to invest money in experimentation, and progress can accelerate, brick by brick. (Patrick Temple-Ouest)

The cards of the day

Supply and demand: traders invest in fossil fuels and clean energies

For commodity traders, abandoning hydrocarbons is not a threat but an opportunity for profit, writes Neil Hume, FT’s natural resources editor. Market leaders are already investing money in renewables and looking to expand into fast-growing markets such as carbon trading, while continuing to invest in oil projects in the hope that a gap will supply will occur over the next decade.

This year has been an unprecedented year for ESG shareholder proposals in US companies. To date, there have been 34 majority votes for ESG proposals, breaking the record of 21 last year, according to a new study released Thursday. Last year only two votes exceeded 70 percent, while this year 17 did.

Smart reading

A bullish case for ESG

Do ESG mutual funds keep their promises? A trio of academics this month released a report they said offered “the most comprehensive empirical overview to date of ESG mutual funds.” Their conclusions are unshakeable: “Put simply, the analysis reveals that at present, ESG funds do not present particular concerns from the point of view of investor protection or capital markets”, they said. declared. “There is simply nothing in our results to suggest that ESG funds are worse than conventional funds in terms of costs, returns or risks. ”

Further reading

  • The resignation of the Brazilian Minister of the Environment acclaimed by activists (FT)

  • Small hedge fund takes on big oil (NYTimes)

  • Here’s how the EU could tax the world’s carbon (Bloomberg)

  • EU tries again to strike deal on greener agricultural subsidies (Reuters)

  • Environmental investment frenzy expands meaning of ‘green’ (WSJ)

  • Twilio and Asana to go public long term as ESG push continues (WSJ)


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Full text of Mukesh Ambani’s speech to shareholders http://louthonline.com/full-text-of-mukesh-ambanis-speech-to-shareholders/ http://louthonline.com/full-text-of-mukesh-ambanis-speech-to-shareholders/#respond Thu, 24 Jun 2021 11:26:29 +0000 http://louthonline.com/full-text-of-mukesh-ambanis-speech-to-shareholders/

Friends,

I have no doubt that world-class talent will be the most critical resource for this new venture. We have started to attract top talent from all over the world and implemented various key initiatives.

We created the Reliance New Energy Council with some of the world’s greatest minds. They will help us validate our strategies and adopt disruptive pathways to achieve our goals.

We are creating a coalition of partnerships with the world’s leading universities, top tech companies and the most promising start-ups in America, Europe, Australia and Asia. Additionally, we will leverage our existing strengths and capabilities in digitization platforms and large-scale manufacturing.

Dear shareholders,

I am happy to inform you that we have started work on the development of the Giga Dhirubhai Ambani Green Energy complex on 5,000 acres in Jamnagar. It will be one of the largest integrated renewable energy manufacturing facilities in the world. Jamnagar was the birthplace of our old energy business. Jamnagar will also be the cradle of our new energy activity.

Let me introduce you to our three-part plan. The first part of our plan is to build four giga factories. These will manufacture and fully integrate all the critical components of the new energy ecosystem. First, for solar power generation – we will build an integrated solar photovoltaic module factory. Second, for intermittent energy storage, we will build an advanced energy storage battery factory. Third, for the production of green hydrogen, we will build an electrolyzer plant. Fourth, to convert hydrogen into motive and stationary energy – we will build a fuel cell plant.

Over the next 3 years, we will invest over Rs 60,000 crore in these initiatives. Reliance will thus create and deliver a fully integrated, end-to-end renewable energy ecosystem.

Friends,

Let me explain each of these facilities in more detail. Our first Integrated Photovoltaic Solar Giga Factory will create solar energy. We will start with raw silica and convert it to polysilicon which we will then convert to ingots and wafers. These wafers would be used to fabricate high efficiency solar cells and ultimately assembled into solar modules of the highest quality and durability. We will strive to achieve the lowest costs in the world to ensure the affordability of our solar modules. We are very inspired by the target set by our Prime Minister Shri Narendra Modiji for India to reach 450 GW of renewable energy capacity by 2030. I am pleased to announce today that Reliance will establish and enable at least 100 GW of solar power by 2030.

A significant part of this sum will come from solar installations on the roofs and decentralized solar installations in the villages. These will bring enormous benefits and prosperity to rural India. Solar energy is only available during the day, while electricity is needed 24 hours a day. Therefore, storage is an important piece of the puzzle to be solved. For this, we will be launching our second initiative – a Giga Factory Advanced Energy Storage. We are exploring new and advanced electrochemical technologies that can be used for such large scale grid batteries to store the energy that we will create. We will work with global leaders in battery technology to achieve the highest reliability for 24 hour power availability through a combination of generation, storage and grid connectivity.

In addition to electricity, green hydrogen will be a unique energy vector that can allow a deep decarbonisation of many sectors such as transport, industry and electricity. One of the most common methods of generating green hydrogen is the electrolysis of pure water using electrolysers.

This brings me to our third initiative – an Electrolyser Giga Factory to manufacture modular electrolysers with the highest efficiency and lowest capital cost. These can be used for the captive production of green hydrogen for home use as well as for global sale. And, finally, our fourth initiative will be the Fuel Cell Giga Factory. A fuel cell uses oxygen from the air and hydrogen to generate electricity. The only emission from this process is non-polluting water vapor. In the new era, fuel cells will gradually replace internal combustion engines. Fuel cell engines can power automobiles, trucks and buses. They can also be used in stationary applications to power data centers, telecommunications towers, back-up generators, micro-grids and industrial equipment.

This brings me to the second part of our plan – providing infrastructure and materials to support the four Giga factories. Our Jamnagar complex will provide the infrastructure and utilities to manufacture the ancillary material and equipment needed to support these Giga factories so that all critical materials are available on time. We will also support independent manufacturers with the right capabilities to be part of this national ecosystem.

We will invest an additional Rs 15,000 crore in the value chain, partnerships and future technologies, including upstream and downstream industries. Thus, our overall initial investment from our own internal resources in the new energy sector will be Rs 75,000 (over $ 10 billion) crore in 3 years.

Now let me introduce you to the third part of our plan: Over the years, Reliance has developed significant engineering, project management and construction capabilities combining physical and digital technologies. We will reuse these capabilities, along with leading international organizations, to execute and deliver world-class renewable energy solutions.

We will build two more divisions to further strengthen this ecosystem. First of all, a division dedicated to project management and the construction of renewable energies. Second, a division dedicated to the financing of renewable energy projects. The Renewable Energy Project Management and Construction division will provide end-to-end gigawatt scale solutions for large renewable power plants around the world. It will enable and partner with thousands of green MSME entrepreneurs, who can deploy kilowatt-to-megawatt scale solutions in agriculture, industry, homes and transportation. The Renewable Energy Project Financing Department will provide financing solutions to stakeholders in our ecosystem.

We will achieve our goals by enabling a platform to seek long-term global capital for these investments on the most attractive terms. We will seek the support of our partner banks and global green funds to this end. At the same time, we will also facilitate a funding platform for the entire ecosystem of small businesses and entrepreneurs investing alongside us. Together these three parts constitute our architecture for India’s decentralized green economy. Over time, it will generate millions of new and high-value employment opportunities for our young people.

With these new initiatives, Reliance will put Gujarat and India on the global solar and hydrogen map. All of our products will proudly proclaim: Made in India, by India, for India and for the world! This will be another great contribution from Reliance to the bugle call of our Prime Minister of Atmanirbhar Bharat. I am sure that India will present to the world a model of movement for a green economy, which will be truly a grassroots movement. Solar energy is the main source of energy for our planet Earth. ‘Soorya Dev’ blessed India with almost unlimited sunshine.

I envision a future where our country changes from a major importer of fossil energy to a major exporter of clean solar energy solutions.

Dear friends,

Reliance is also developing a vision for NEW MATERIALS and GREEN CHEMICALS. We will kick off this by strategically investing in the world’s first CARBON FIBER plant in India to support our hydrogen and solar ecosystems. You will learn more about this in the coming months. Our new green vision also has huge benefits for our existing O2C business.

Let me explain this to you: First, we will use solar power on an economically attractive basis to decarbonize our existing O2C business and accelerate our journey to net zero carbon. Second, we will use green hydrogen and CO as raw materials to develop a roadmap for new green chemicals, 2 green manures and electronic fuels. Third, we will market with global partners our own proprietary Multi-Zone Catalytic Cracking (MCC) technology to optimize the transition from fossil fuels to sustainable chemical and material building blocks. Thus, we will transform our historical activity into one of sustainable, circular and zero carbon materials. The one that will offer increasing returns over several decades. And we will do this by reallocating our existing assets to extend their economic life and earning power. In doing so, we will not have any depreciation of legacy assets in the years to come.

Dear shareholders,

This dual execution plan of building an ecosystem of new energies and materials and decarbonizing and reorienting our existing O2C activity is a decades-long growth path for our company. It has the potential to create unprecedented value for India and for Reliance in the years to come.

Dear shareholders,

New energy and new materials are not just another matter for us. It is our mission to take care of the environment. It is an expression of Reliance’s commitment to caring for our beautiful and bountiful planet. By implementing our green vision, Reliance will help India and the world move from an industrial civilization to an ecological civilization. We repay our debt of gratitude to Mother Nature.

Dear shareholders,

Let me tell you, in all humility, that New Energy is the most exciting, empowering, and motivated mission I will pursue in my life. I ask for your blessings and support to succeed in this mission.


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Business News | Stock market and stock market news http://louthonline.com/business-news-stock-market-and-stock-market-news-3/ http://louthonline.com/business-news-stock-market-and-stock-market-news-3/#respond Thu, 24 Jun 2021 06:49:40 +0000 http://louthonline.com/business-news-stock-market-and-stock-market-news-3/














Money control












The first part of the plan will be to build 4 Giga Factory. These will manufacture and fully integrate all critical components of the new energy ecosystem.

RIL's Jio moment: to switch to a clean energy company


  • Reliance 2021 AGM Live Updates: रिटेल अगले 3 साल में 10 लाख से ज्यादा जॉब्स देगी

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  • 3 से में इन 6 शेयरों में दिखी 50%, है?

  • Fact check: इंडियन ऑयल के लकी ड्रॉ मिलेगा मोबाइल और टीवी? जानें वायरल मैसेज की सच्चाई

  • पोर्टफोलियो में शामिल इस स्टॉक ने दिया ब्रेकआउट, कुछ एक्सपर्ट्स ने दी खरीदने की सलाह

  • साल नवी मुंबई में शुरु हो जाएगा JIO INSTITUTE: अंबानी

  • प्रदेश घूमने का बना रहे हैं प्लान, तो पहले जान लें नए Covid-19 नियम, अगले हफ्ते से होंगे लागू

  • CBI गौतम थापर मामले CG हाउस पर छापा मारा, जानिए क्या है पूरा मामला

  • बाजार में सालों तक रहेगी डबल-डिजिट ग्रोथ: राकेश झुनझुनवाला

  • Sona Comstar पहले दिन लगाया 20 अपर सर्किट, श्याम मेटालिक्स में 30 प्रतिशत की तेजी



Last name Price Switch % variation
Sbi 417.20 -1.65 -0.39
Indiabulls Hsg 264.45 -3.70 -1.38
Ntpc 118.00 0.75 0.64
Rec. 141.35 -3.60 -2.48

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YOUR OPINION

Which of these youngsters will score the most points for this ipl?

Which of these youngsters will score the most points for this ipl?

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