Reliance Infrastructure announced plans to invest over Rs 10,000 crore in setting up the largest integrated project for manufacturing explosives, ammunition, and small arms in Ratnagiri, Maharashtra over the next 10 years. The company has been allotted 1000 acres of land to develop Dhirubhai Ambani Defence City (DADC), which will be the largest greenfield project in the Indian defense sector. Reliance’s subsidiaries already have licenses for manufacturing arms and ammunition, and potential joint ventures with global defense companies are envisaged for the project.
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St. Joseph Goats announce additions to ownership group
Changes in the ownership of the St. Joseph Goats arena football team include St. Joseph natives Steve Craig, who takes a majority stake, and Kendall Randolph, a part-owner, with current team president Ted Sweeney becoming an Owner and General Partner. This transition follows the recent acquisition of partial ownership by Garage Beer, co-founded by Travis and Jason Kelce. Need More Context? 🔎
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