Mukesh Ambani
Manufacturing
Reliance cuts pay of execs in oil unit, Ambani foregoes salary
India’s Reliance Industries has imposed an up to 50% pay cut for some top oil-and-gas division employees, six sources told...
TMT
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...
Manufacturing
Reliance Industries to consider first rights issue in three decades
India’s Reliance Industries Ltd will consider a rights issue at its board meeting on April 30, in what would be ......
TMT
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 ......
Markets
Nifty, Sensex jump over 2% as Reliance Industries soars on Facebook deal
Indian stocks edged higher on Wednesday, lifted by an 8% jump in Reliance Industries Ltd after Facebook invested in its ......
TMT
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...
General
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...
Consumer
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...
TMT
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...
TMT
Supreme Court orders telecom firms to clear $13 bn in dues by March 17
India’s Supreme Court slammed mobile carriers on Friday for non-payment of billions of dollars in government dues and threatened...