Reliance
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India
Reliance raises Rs 7350 crore from two investors
New Delhi: Billionaire Mukesh Ambani’s Reliance Industries Ltd on Friday announced to raise Rs 7,350 crore from two investors — Singapore’s sovereign wealth fund GIC and Global alternative asset firm TPG…
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India
Mukesh Ambani earned 90 Cr per hour in lockdown; tops Hurun’s rich list
Mumbai: As the pandemic continues to ravage the world economies and businesses, India’s richest man and the chairman of Reliance Industries, Mukesh Ambani, earned Rs.90 crore every hour since the COVID-induced…
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Business
Middle East SWF’s in talks to buy stake in Reliance Retail
Mumbai: Middle East sovereign wealth funds, including the Abu Dhabi Investment Authority (ADIA), Mudabala Investment and Saudi Arabia’s Public Investment Fund (PIF), are in talks to buy stakes in Mukesh Ambani-led…
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News
Stake sale, Future’s asset acquisition to boost RIL retail: Fitch
New Delhi: Reliance Industries’ plan to sell a stake in its retail subsidiary at an equity valuation of Rs 4.21 trillion and its proposed acquisition of Future Group’s retail business…
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News
Silver Lake to invest Rs 7,500 cr in Reliance Retail
Mumbai: Reliance Industries Limited (RIL) on Wednesday announced that Silver Lake will invest Rs 7,500 crore into its subsidiary Reliance Retail Ventures Limited (RRVL). The investment values RRVL at a…
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Top Stories
Ambani’s Reliance takes over Future Group for Rs 24,713 cr
New Delhi: Billionaire Mukesh Ambani’s Reliance Industries on Saturday announced acquisition of Future Group for Rs 24,713 crore to bolster its fast growing retail business. “Reliance Retail Ventures Ltd (RRVL),…
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Technology
TikTok in India: Reliance may acquire video sharing app
Mumbai: Reliance Industries Limited (RIL) is likely to acquire the Bytedance-owned TikTok in India for $5 billion. As per the report, RIL had started talks with China-based Bytedance last month.…
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Top Stories
How did Mukesh Ambani flourish during COVID-19 crisis?
Sruthi Vibhavari As the pandemic continues to ravage the world economies and businesses, Mukesh Ambani’s Reliance Industries Ltd. has become the first Indian company to reach the $150 billion market…
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India
Reliance Retail to get in global investors in few quarters
New Delhi: Reliance Industries Limited (RIL) chairman Mukesh Ambani on Wednesday announced that global partners and investors would be brought into the company’s retail arm — Reliance Retail in the next…
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India
Reliance Jio heralds new era for ‘Make in India’ tech innovations.
Mumbai: Heralding a new era for the Indian tech ecosystem, Reliance Jio on Wednesday announced a slew of upcoming homegrown innovations like a 5G solution, interactive Jio TV+, a Mixed…
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India
RIL-Aramco deal on track, Ambani says committed to partnership
Delhi: The blockbuster deal involving the world’s largest oil producer — Aramco picking up a minority stake in refinery business of India’s largest corporate house — Reliance Industries (RIL), is on…
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Stock Market
Sensex rallies over 400 pts; Reliance hits fresh peak
Mumbai: Equity benchmark Sensex rallied over 400 points in early trade on Monday, tracking gains in index-heavyweight Reliance Industries and strong signals from global markets. Reclaiming the 37,000 level in…
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Stock Market
Sensex, Nifty turn choppy; RIL jumps on KKR deal
Mumbai: Equity benchmark Sensex pared opening losses to turn positive in early trade on Friday amid gains in index-heavyweights Reliance Industries, Infosys and SBI. After starting over 250 points lower,…
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India
KKR to invest Rs 11,367 cr into Jio platforms
Mumbai: KKR, the global investment firm based in New York, will invest Rs 11,367 crore into Jio platforms, which is the largest investment in Asia, said the Reliance Industries Limited…
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Stock Market
Sensex rallies over 500 pts; Reliance jumps 3 pc
Mumbai: Equity benchmark Sensex surged over 500 points in opening session on Monday as strong gains in index-heavyweights Reliance Industries, HDFC, Infosys and positive cues from global markets boosted market…
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Top Stories
Reliance to pay twice to those employees who earn below ₹30,000
NewDelhi: Reliance Industries Limited (RIL) announced a slew of measures to fight against deadly coronavirus infection spread across the country. Those who earn below ₹30,000 per month, will get their salaries twice a month…
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Business
Reliance Retail acquires Shri Kannan Departmental Store
Mumbai: Reliance Retail Ventures Limited (RRVL), a subsidiary of Reliance Industries (RIL), has acquired 100 per cent stake in Tamil Nadu-based Shri Kannan Departmental Store Private Limited for Rs 152.5…
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Technology
Tough 2020 awaits Amazon, Flipkart as Reliance firms up plans
New Delhi: With more and more Indians taking the online route to fulfill their shopping needs, e-tailers like Amazon and Flipkart are witnessing high demands, including from far-flung and remote…
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Sports
PCB files damage claims against IMG-Reliance
New Delhi: The Pakistan Cricket Board (PCB) has filed a claim for damages against India-based IMG Reliance for pulling out of a deal to provide television coverage to the Pakistan Super…
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Business
Reliance Jio asks govt to rubbish COAI claims after SC
New Delhi: The bruising battle in Indian telecom sector reached high echelons of government on Thursday with Reliance Jio Infocomm Ltd (RJIL) rubbishing Cellular Operators Association of India (COAI) which…
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Business
Reliance Brands raises stake in Future101 Design
Mumbai: Reliance Brands Ltd, a subsidiary of Mukesh Ambani-led Reliance Industries, has bought an additional stake of 2.5 percent in luxury apparel firm Future101 Design to take its share to…
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Business
Reliance Cap gets Rs 5,500 crore from RNAM stake monetization
Mumbai: Anil Ambani-led Reliance Capital said on Saturday it has concluded the transaction with Nippon Life Insurance Company of Japan to sell its stake in Reliance Nippon Life Asset Management…
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News
Reliance Capital gets overwhelming response to third OFS of RNAM
Mumbai: Anil Ambani-led Reliance Capital said on Friday it has got an overwhelming response from investors for the third offer for sale (OFS) announced earlier this week to sell its…
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Business
Reliance on FPIs making India vulnerable to global shocks
Mumbai: Foreign Portfolio Investment (FPI) has risen several folds since the Indian economy started to open up. While the FPI inflow has powered markets to record highs on several occasions,…
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Technology
Jio GigaFiber launch today: Here’s everything you need to know
Mumbai: Jio GigaFiber service is likely to be made available commercially from 5th September. This announcement was made by Reliance Industries (RIL) Chairman, Mr. Mukesh Ambani. The subscribers of Jio…
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Business
Saudi Aramco to invest $75 billion in Reliance, BP: Ambani
Mumbai: Chairman and Managing Director of Reliance Industries Ltd Mukesh Ambani on Monday said Saudi Aramco will invest 75 billion dollars in the conglomerate and have 20 per cent stake…
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India
Is Anil Ambani planning to sell or lease out his headquarters in Mumbai?
Mumbai: Businessman, Mr. Anil Ambani is reportedly planning to sell or lease out his headquarters located at Mumbai. According to the report published in Economic Times, three persons who have…
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News
Reliance decides to withdraw defamation suits filed against individuals, corporate bodies in Rafale case
New Delhi (India): Reliance Group led by Anil Ambani on Tuesday said that it has decided to withdraw defamation suits filed by it against individuals and corporate bodies for making…
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India
Reliance dismisses Rahul’s ‘crony capitalist’ remark against Anil Ambani
New Delhi: Reliance Group on Sunday dismissed Congress president Rahul Gandhi’s claim that Anil Ambani is “a dishonest businessman and crony capitalist.” Gandhi’s claims are “patently untrue statements,” said a…
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Technology
JioPhone leads feature phone market in India
NEW DELHI: With a 30 per cent market share, Reliance JioPhone became the leading feature phone brand in India in the first quarter of 2019, Counterpoint Research said on Friday.…
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