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Mukesh Ambani

Silver Lake to invest $747 mn in Reliance's Jio Platforms

TMT

04 May, 2020

Silver Lake to invest $747 mn in Reliance's Jio Platforms

Energy-to-telecom conglomerate Reliance Industries Ltd said on Monday private equity firm Silver Lake will invest Rs 5,655.75 crore ($747 million) ......

Reliance cuts pay of execs in oil unit, Ambani foregoes salary

Manufacturing

30 April, 2020

Reliance cuts pay of execs in oil unit, Ambani foregoes salary

India’s Reliance Industries has cut the pay of some top oil-and-gas division employees by up to 50%, according to six ......

Reliance ups stake again in US-based pod car developer SkyTran

TMT

29 April, 2020

Reliance ups stake again in US-based pod car developer SkyTran

Energy-to-telecom conglomerate Reliance Industries Ltd (RIL) has hiked its stake in the US-based SkyTran Inc., a venture-funded technology company that ......

Reliance Industries to consider first rights issue in three decades

Manufacturing

28 April, 2020

Reliance Industries to consider first rights issue in three decades

India's Reliance Industries Ltd said it will consider its first rights issue in almost 30 years when its board meets ......

Premium
One year of talks, Covid-19 hurdles and more backstory about Facebook-Jio deal

TMT

22 April, 2020

One year of talks, Covid-19 hurdles and more backstory about Facebook-Jio deal

In 2008, Mark Zuckerberg made his first trip to India. The Facebook Inc founder, who became a billionaire at the ......

Nifty, Sensex jump over 2% as Reliance Industries soars on Facebook deal

Markets

22 April, 2020

Nifty, Sensex jump over 2% as Reliance Industries soars on Facebook deal

Indian shares ended sharply higher on Wednesday, driven by a 10% surge in Reliance Industries Ltd after Facebook invested $5.7 ......

Facebook to buy minority stake in Reliance's Jio Platforms for $5.7 bn

TMT

22 April, 2020

Facebook to buy minority stake in Reliance's Jio Platforms for $5.7 bn

Facebook Inc. will invest Rs 43,574 crore ($5.7 billion) in the digital business of Reliance Industries Ltd, a deal that ......

Donations pour in but PM CARES coronavirus fund faces criticism

General

08 April, 2020

Donations pour in but PM CARES coronavirus fund faces criticism

Indian Prime Minister Narendra Modi is facing criticism for creating a new coronavirus relief fund when about $500 million was ......

Reliance Retail to acquire Tamil Nadu-based department store chain

Consumer

05 March, 2020

Reliance Retail to acquire Tamil Nadu-based department store chain

Reliance Retail Ventures Ltd, a unit of billionaire Mukesh Ambani-led Reliance Industries Ltd, has acquired Coimbatore, Tamil Nadu-based Shri Kannan ......

Reliance to merge media, cable businesses into Network18

TMT

18 February, 2020

Reliance to merge media, cable businesses into Network18

Reliance Industries Ltd said on Monday it would merge its media and distribution businesses into its TV business, Network18 Media ......