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It will take a month to get there and another five months before its infrared eyes are ready to start scanning the cosmos.įirst, the telescope’s enormous mirror and sunshield need to unfurl they were folded origami-style to fit into the rocket’s nose cone. The $10 billion observatory hurtled toward its destination 1 million miles (1.6 million kilometres) away, or more than four times beyond the moon. NASA’s James Webb Space Telescope soared from French Guiana on South America’s northeastern coast, riding a European Ariane rocket into the Christmas morning sky. Last week, RIL’s retail arm invested $200 million for a 25.8 per cent stake in Indian online delivery platform Dunzo, which operates across multiple industry verticals and provides hyperlocal delivery of products within 15-20 minutes.Kourou (French Guiana): The world’s largest and most powerful space telescope rocketed away Saturday on a high-stakes quest to behold light from the first stars and galaxies and scour the universe for hints of life. The note was prepared before the Mandarin Hotel acquisition was announced. Telco leads ($2,508 mn), followed by new energy ($1,327 mn), retail ($629 mn), media and education ($688 mn), chemicals ($187 mn), digital ($111 mn), and hospitality ($79 mn). Reliance Industrial Investments and Holdings Ltd, a wholly-owned subsidiary of Reliance Industries, also holds 18.53 per cent stake in Oberoi group’s EIH Ltd.Ī Morgan Stanley research note on ‘What is RIL Buying’ released on January 7 shows RIL’s deal values across eight verticals totalling $5.69 billion. Stoke Park, the first country club in the UK, is a private sporting and leisure estate in Buckinghamshire, a county in South East England. In 2021, RIL bought Stoke Park Ltd - a 300-acre setting for two James Bond films - for $79 million. The latest New York deal is RIL’s second one in the luxury hospitality sector in two consecutive years.
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The Mandarin Oriental gets it,” Neeson says in one of the 47 short videos from the hotel’s ‘I’m a Fan’ series on its social channels. “Certain hotels get it they get my industry. The Mandarin Oriental brand counts Irish born actor of ‘Schindler’s List’ and ‘Taken’ fame Liam Neeson among its fans. The Reliance buyout of Mandarin Oriental’s New York property is expected to close by March 2022, according to a company disclosure to stock exchanges dated January 8. Mandarin Oriental operates 35 hotels and seven residences in 24 countries, including six hotels in the United States.
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Its rooms overlook the Hudson River and are steps away from the Broadway Theater District, Lincoln Center, Central Park and about 20 minutes by foot from Times Square. Located at 80, Columbus Circle, Mandarin Oriental’s New York property is on the corner of Central Park, New York City’s largest green space. This is the latest addition to RIL’s acquisitions worth $5.6 billion across eight verticals (Morgan Stanley aggregation a day before the Mandarin Oriental deal). New York: Reliance Industries Ltd (RIL), India’s largest corporate by revenues, profits and market value, has announced the acquisition of Mandarin Oriental Hotels flagship New York City property in Columbus Circle for an “equity consideration of approximately $98.15 million”.