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Reliance Infratel lenders to take 90% haircut as Jio set to take control

TMT

07 December, 2020

Reliance Infratel lenders to take 90% haircut as Jio set to take control

Reliance Infratel Ltd’s financial creditors will take a haircut of as much as 90% on their loans under a court-approved ......

Reliance Jio gets NCLT nod to buy Anil Ambani's debt-laden tower firm

TMT

03 December, 2020

Reliance Jio gets NCLT nod to buy Anil Ambani's debt-laden tower firm

The bankruptcy tribunal has approved billionaire Mukesh Ambani-led Reliance Jio’s plan to acquire younger brother Anil Ambani’s debt-laden Reliance Infratel ......

Battle of the billionaires: Bezos, Ambani gun for India retail supremacy

Consumer

27 November, 2020

Battle of the billionaires: Bezos, Ambani gun for India retail supremacy

Jeff Bezos and Mukesh Ambani, two of the world's richest men, face a turning point in a battle for preeminence ......

CCI clears Reliance-Future retail deal despite Amazon's objections

Consumer

20 November, 2020

CCI clears Reliance-Future retail deal despite Amazon's objections

India's antitrust body on Friday cleared oil-to-telecom giant Reliance Industries' bid to buy Future group's retail assets even as Amazon.com ......

Reliance Retail completes fundraising, gets $6.4 bn

Consumer

20 November, 2020

Reliance Retail completes fundraising, gets $6.4 bn

India's Reliance Industries Ltd on Thursday said its retail arm had completed its fundraising exercise as more than half a ......

Reliance to invest in Bill Gates' climate change firm Breakthrough Energy

Infrastructure

13 November, 2020

Reliance to invest in Bill Gates' climate change firm Breakthrough Energy

Reliance Industries Ltd has decided to invest $50 million (about Rs 373 crore at current exchange rates) in a US-based ......

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India Inc's ‘donations' spiked in election year; PM Cares Fund gets big chunk

Finance

10 November, 2020

India Inc's ‘donations' spiked in election year; PM Cares Fund gets big chunk

Indian companies bumped up their voluntary donations and spending on corporate social responsibility initiatives during the year through March 2020, ......

Future Retail challenges Amazon in court over Reliance deal

Consumer

09 November, 2020

Future Retail challenges Amazon in court over Reliance deal

Future Retail has challenged its partner Amazon.com Inc in a New Delhi court to stop interfering in its $3.4 billion ......

Saudi Arabia's PIF to invest $1.3 bn in Reliance Retail Ventures

Consumer

05 November, 2020

Saudi Arabia's PIF to invest $1.3 bn in Reliance Retail Ventures

The Public Investment Fund (PIF) of Saudi Arabia will invest Rs 9,555 crore ($1.3 billion) in Reliance Retail Ventures Ltd, ......

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Future Group's PE investors in the lurch; will they sign off Reliance-Biyani deal?

Consumer

02 November, 2020

Future Group's PE investors in the lurch; will they sign off Reliance-Biyani deal?

Future Group’s multi-billion-dollar deal with Reliance Industries Ltd, which has been challenged by Amazon.com Inc, has left a half-dozen private ......