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Reliance Retail Aims for $1 Trillion Revenue by 2025
29 Aug
Summary
- Reliance Retail to become direct arm of RIL, targets ₹1 lakh cr revenue
- AI bots now considered 'digital beings' with rights, fueling global debate
- BoAT co-founder Aman Gupta, worth Rs 700 cr, says fame changed relationships
In a major announcement, Reliance Retail has revealed plans to become a direct arm of Reliance Industries Limited (RIL) and set a revenue target of ₹1 lakh crore by 2025. This move is part of Reliance's broader strategy to strengthen its consumer business and solidify its position in the Indian retail market.
Elsewhere, the global debate on the rights of AI bots as 'digital beings' has gained momentum. Experts and policymakers are grappling with the ethical and legal implications of granting certain rights to these advanced artificial intelligence systems, raising questions about the boundaries of human morality and consciousness.
In a candid admission, BoAT co-founder Aman Gupta, who is worth an estimated Rs 700 crore, has opened up about the downsides of fame and wealth. Gupta revealed that his personal relationships have changed, with people now judging him differently due to his newfound success and status.
