At last year’s spectrum auction, his telecoms company Reliance Jio acquired the largest wireless spectrum for 5G, covering the 700MHz, 800MHz, 1800MHz, 3300MHz and 26GHz bands, for a total of £88,078 million includes. In retail, the company is the largest in the country with 16,617 stores in operation. E-commerce platform JioMart, which operates on a hyper-local model, delivers to over 260 cities. It has taken around two million traders on board. RIL also spent $4 billion in FY22 to expand logistics, partner with local merchants for last-mile delivery, and acquire skills and brands.
In the first half of FY23, RIL reported a 19.4% increase in net profit to £34,955 billion and a 41.7% increase in revenue to £496,479 billion. RIL had posted a net profit of ₹60,705 crore in FY22 – an increase of 23.56% over the previous year – on revenues of 7,39,518 crore, an increase of 43.81%.
Meanwhile, Jensen Huang, ranked the #1 CEO by Brand Finance’s Brand Guardianship Index, has overseen Nvidia’s continued advance into the next era of computing through innovations in areas such as artificial intelligence, digital biology, climate science, and autonomous vehicles and robotics. says the report. Similarly, Microsoft’s Satya Nadella (3rd) continues to play a central role in Microsoft’s culture of teamwork, innovation and inclusivity, the report said. The top 10 list is dominated by executives of Indian descent. Nadella is followed by Adobe’s Shantanu Narayen (4th), Google’s Sundar Pichai (5th) and Deloitte’s Punit Renjen (6th).
