Business
Defence, ‘Smart Cities’ to drive Reliance Infra growth: Anil Ambani
Mumbai: Reliance Infrastructure chairman Anil Ambani on Wednesday said smart cities and defence manufacturing would the future drivers of growth for the company, and that the major acquisition of Pipavav Defence will be concluded in the current year.
Addressing the company’s shareholders here, Ambani also indicated strategic sale in roads and cement business, in which an investment of around Rs.15,000 crore has been made till date.
On the Smart Cities project, the chairman said there was much hope after the designation of 100 places for the project, as Reliance Infra had the expertise to offer integrated solutions, what with capabilities in utilities, transport and telecom, among other areas.
He, however, had some concerns, given the experiences of some group companies. These challenges, he said, were in the public-private partnership space, as also over regulatory uncertainties, legal deadlocks and arbitration, fulfillment of promises and proper risk sharing mechanisms.
Describing defence manufacturing as a sector with moderate capital intensity, Ambani said the projects on the plate included Naval System Development Center of Excellence in Saurashtra, Aerospace Center of Excellence near Nagpur, and an innovation center in Bangalore.
“Discussion are on with large number of international defence majors for strategic partnerships.”
Business
Apple is giving a huge discount on its gadgets: Details inside
If you want to buy an iPhone and were waiting for a nice offer, then we have a piece of good news for you! Amazon Summer Sale May 2022 has begun and they are offering major discounts on various smartphones, laptops, and smart TVs, among others.
The sale is live now on the e-commerce platform with no-cost EMI options and exchange discounts on various products. In addition to this, Amazon has also partnered with several banks including ICICI, Kotak Bank, and RBL so that customers get instant discounts of up to 10% using their cards and EMI transactions.
Customers can easily enjoy this summer sale and get massive discounts on iPhones. They can also compare prices on Flipkart Big Saving Days Sale 2022 before making a purchase.
Amazon Summer Sale May 2022: Discount offer on iPhone 13
Apple’s coveted phone model iPhone 13 in the 128 GB storage model will be available during the Amazon Summer Sale May 2022 for Rs 64,900. The MRP of the phone is Rs 79,900. This means that the customers will be able to enjoy a discount of up to Rs 15,000 on the purchase of the iPhone 13.
If you have an old iPhone in working condition then you will also be eligible to receive another additional discount worth up to Rs 17,000 on the iPhone 13.
Buy at Rs. 64,900 (MRP – Rs. 79,900)
Features of Apple iPhone 13
The iPhone is powered by an A15 Bionic processor with 6 core CPU. Apart from this, it has 16 core neural engines. With the iPhone 13, up to 512 GB of storage will be available. The iPhone 13 has a 6.1-inch Retina XDR display with 1000 nits brightness.
The iPhone 13 has a 12-megapixel dual rear camera setup. This time a new wide-angle camera has been given, whose aperture is f/1.6. With this, there is support for sensor optical stabilisation. Night mode has been made better than before. The second lens is also 12 megapixels ultra-wide and has an aperture of f/2.4.