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Mukesh Ambani

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 imposed an up to 50% pay cut for some top oil-and-gas division employees, six sources told...

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...

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 will consider a rights issue at its board meeting on April 30, in what would be ......

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 stocks edged higher on Wednesday, lifted by an 8% jump in Reliance Industries Ltd after Facebook invested in its ......

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...

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...

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...

Supreme Court orders telecom firms to clear $13 bn in dues by March 17

TMT

14 February, 2020

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...

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