Reliance Industries: The leading conglomerate has incorporated a wholly owned subsidiary, REC Sustainable Energy Solutions Pte (REC SES) in Singapore, to set up a global capability centre for consolidating research and development (R&D) activities. ICICI Bank: The private lender's joint venture partner Prudential PLC is evaluating a potential listing of ICICI Prudential Asset Management Company, involving the partial divestment of its shares, subject to market conditions, requisite approvals, and other considerations. ICICI Bank intends to retain its majority shareholding in ICICI Prudential Asset Management Company. Kotak Mahindra Bank: The Reserve Bank of India lifted restrictions on the private lender, allowing the lender to onboard new customers through its online and mobile banking channels, and issue fresh credit cards. The RBI had placed restrictions on Kotak Mahindra Bank on April 24, 2024. Adani Ports and Special Economic Zone: The Adani Group firm's subsidiary, Adani Harbour Services, has incorporated a joint venture company, Al Annabi Marine Services, in Qatar. with Sea Horizon Offshore Marine Services and Jamal A Rab A M Al Yafei.

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