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RIL

Grapevine: RIL calls off Viacom18-Sony merger; ESR eyes Embassy Industrial Parks

General

05 October, 2020

Grapevine: RIL calls off Viacom18-Sony merger; ESR eyes Embassy Industrial Parks

Following a strategic rethink, Viacom18 Media’s indirect majority shareholder Reliance Industries Ltd (RIL) has called off the proposed merger of ......

Grapevine: Reliance eyes TikTok India, deal with Aramco hits valuation hurdle

General

13 August, 2020

Grapevine: Reliance eyes TikTok India, deal with Aramco hits valuation hurdle

Reliance Industries Limited (RIL) is evaluating the possibility of investing in the India operations of banned Chinese video platform TikTok, ......

Grapevine: Reliance eyes minority stake in Future Consumer; Piramal to sell glass biz

General

30 July, 2020

Grapevine: Reliance eyes minority stake in Future Consumer; Piramal to sell glass biz

Reliance Industries Ltd (RIL) is looking to pick up a minority stake in Future Group’s consumer products business as part ......

Grapevine: Qatar may invest in Reliance's fibre biz; Thai energy firm eyes ReNew stake

General

29 July, 2020

Grapevine: Qatar may invest in Reliance's fibre biz; Thai energy firm eyes ReNew stake

Sovereign fund Qatar Investment Authority is looking to invest up to $2 billion (Rs 14,965 crore) in an infrastructure investment ......

Grapevine: RIL in talks with banks for Alok Industries; Temasek may invest in Licious

General

09 December, 2019

Grapevine: RIL in talks with banks for Alok Industries; Temasek may invest in Licious

Reliance Industries Ltd (RIL) is in negotiations with State Bank of India (SBI), HDFC Bank and ICICI Bank to fund ......

Reliance-controlled Haptik acquires conversational commerce startup

TMT

24 September, 2019

Reliance-controlled Haptik acquires conversational commerce startup

Haptik Inc., an artificial intelligence-based conversational platform controlled by Reliance Industries Ltd, has acquired Buzzo.ai, a Mumbai-based conversational commerce platform, ......

Reliance Industries cranks up startup shopping spree with Tesseract deal

TMT

16 August, 2019

Reliance Industries cranks up startup shopping spree with Tesseract deal

Reliance Industries Ltd has acquired Tesseract Imaging Pvt. Ltd, a firm that produces software and hardware for augmented, virtual and ......

Reliance to sell 20% stake in oil-to-chemicals biz to Saudi Aramco

Manufacturing

12 August, 2019

Reliance to sell 20% stake in oil-to-chemicals biz to Saudi Aramco

Reliance Industries Ltd plans to sell a 20% stake in its oil-to-chemicals business to Saudi Aramco, as the company led ......

Premium
How Reliance Industries' commitments to PE, VC funds changed in FY19

Finance

22 July, 2019

How Reliance Industries' commitments to PE, VC funds changed in FY19

Billionaire Mukesh Ambani-led Reliance Industries Ltd’s (RIL) exposure to alternative investment funds fell for a third consecutive year in 2018-19, ......

Reliance to pick up majority stakes in Grab, C-Square

TMT

04 March, 2019

Reliance to pick up majority stakes in Grab, C-Square

Mukesh Ambani-led Reliance Industries Limited (RIL) has agreed to acquire an 83% majority stake in Mumbai-based hyperlocal delivery platform Grab. In ......