Reliance Industries reports record annual revenue of $120bn

Reliance Industries reports record annual revenue of $120bn

Reliance Industries Limited (RIL), a leader in multiple sectors including telecommunications, retail, and energy, announced a significant year of growth and strategic acquisitions. For the fiscal year ended March 31, 2024, Reliance Industries reported a record annual consolidated revenue of ₹1,000,122 crore ($119.9 billion), marking a 2.6% increase year-over-year. The company’s EBITDA rose by 16.1% […]

Barrett Distribution Centers partners with Levenger for supply chain excellence

Barrett Distribution Centers partners with Levenger for supply chain excellence

In a significant development within the logistics and craftsmanship industries, Barrett Distribution Centers, a respected third-party logistics provider (3PL) known since 1941 for its innovative logistics solutions, has proudly announced its latest partnership with the esteemed craftsmanship brand Levenger. This collaboration marks a strategic move for Levenger, enabling the brand to leverage Barrett’s advanced technology, […]

Veoneer wraps up sale of restraint control systems business to American Industrial Partners

Veoneer wraps up sale of restraint control systems business to American Industrial Partners

Veoneer has officially completed the sale of its Restraint Control Systems business to American Industrial Partners Capital Fund VII (AIP Fund VII), a significant transaction first publicized on December 6, 2023. This move marks a pivotal shift in Veoneer’s operational focus, emphasizing the company’s strategic reorientation. The acquisition, involving Veoneer, a leader in Automotive Safety […]