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RIL cuts commitments to PE, VC funds again in FY20 but adds new asset class

Finance

25 June, 2020

RIL cuts commitments to PE, VC funds again in FY20 but adds new asset class

Billionaire Mukesh Ambani-led Reliance Industries Ltd (RIL) reduced its exposure to alternative investments for a fourth year...

Amazon, Flipkart to consider listing of ‘country of origin' label on products

TMT

25 June, 2020

Amazon, Flipkart to consider listing of ‘country of origin' label on products

E-commerce players in India such as Amazon's local unit and Walmart's Flipkart will consider asking sellers on their platforms...

Reliance is ‘net-debt free', on road to IPO for digital, retail units

Manufacturing

19 June, 2020

Reliance is ‘net-debt free', on road to IPO for digital, retail units

Indian conglomerate Reliance Industries Ltd said on Friday that it became net debt free after raising over 1.69 trillion rupees...

Saudi Arabian wealth fund to invest $1.5 bn in Reliance's Jio Platforms

TMT

18 June, 2020

Saudi Arabian wealth fund to invest $1.5 bn in Reliance's Jio Platforms

Reliance Industries Ltd said on Thursday Saudi Arabia’s Public Investment Fund (PIF) will invest Rs 11,367 crore ($1.5 billion)...

Abu Dhabi's Mubadala to invest $1.2 bn in Reliance's Jio Platforms, Silver Lake commits $600 mn more

TMT

05 June, 2020

Abu Dhabi's Mubadala to invest $1.2 bn in Reliance's Jio Platforms, Silver Lake commits $600 mn more

Reliance Industries Ltd said on Friday Abu Dhabi-based Mubadala Investment Company will invest Rs 9,093.60 crore ($1.2 billion)...

Reliance Industries closes $7 bn rights issue, India's largest ever

Manufacturing

04 June, 2020

Reliance Industries closes $7 bn rights issue, India's largest ever

India's oil-to-telecoms giant Reliance Industries on Wednesday closed a $7 billion rights issue, India's largest ever,...

Why investors are betting on Reliance Jio and its giant-killer playbook

TMT

04 June, 2020

Why investors are betting on Reliance Jio and its giant-killer playbook

From its Silicon Valley-like campus near Mumbai, Indian billionaire Mukesh Ambani's Jio telecom carrier is emerging as a winner...

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Microsoft may be scripting its biggest India investment

TMT

19 May, 2020

Microsoft may be scripting its biggest India investment

Microsoft Corp, the world's most-valued public company, is quietly sewing together what would be its single-biggest...

General Atlantic to invest $870 mn in Reliance's Jio Platforms

TMT

17 May, 2020

General Atlantic to invest $870 mn in Reliance's Jio Platforms

Reliance Industries Ltd said on Sunday US-based private equity firm General Atlantic will invest Rs 6,598.38 crore ($870 million)...

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...

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