Reliance Industries Ltd may buy Future Group’s retail biz for ₹27,000 crore

Reliance Industries Ltd may buy Future Group’s retail biz for ₹27,000 crore

Reliance Industries Ltd (RIL) is shut to purchasing Future Group’s retail belongings for ₹24,000-27,000 crore to bolster its place in India’s retail phase, based on two folks aware of the … Read More

Reliance overtakes ExxonMobil to become world’s second largest energy company

Reliance overtakes ExxonMobil to become world’s second largest energy company

Reliance Industries Ltd., managed by Asia’s richest man, toppled ExxonMobil Corp. to develop into the world’s largest vitality firm after Saudi Aramco, as buyers piled into the conglomerate lured by … Read More

Telcos, pharma companies leading recovery in Sensex

Telcos, pharma companies leading recovery in Sensex

India’s inventory market benchmark, the BSE Sensex, closed at 37,020 on July 17 . The index, which crashed 38% until 23 March 2020 from its all- time excessive shut on … Read More

Asia’s richest man plots a tech future after luring Google

Asia’s richest man plots a tech future after luring Google

After securing greater than $20 billion in funding from the likes of Google and Facebook Inc., Indian billionaire Mukesh Ambani laid out a imaginative and prescient for his digital enterprise … Read More

Reliance AGM: Google to invest Rs 33,737 crore for 7.7% stake in Jio Platforms, says Mukesh Ambani

Search engine large Google will purchase a 7.7% stake in Reliance Industries Limited’s Jio Platforms for Rs 33,737 crore, within the second funding by a US tech firm after Facebook … Read More

Mukesh Ambani to address RIL’s 43rd AGM today: Here’s what analysts expect

Mukesh Ambani to address RIL’s 43rd AGM today: Here’s what analysts expect

Reliance Industries Limited’s (RIL’s) chairperson and managing director Mukesh Ambani will on Wednesday maintain the corporate’s first-ever digital annual normal assembly (AGM). Analysts, in keeping with information company PTI, have … Read More

Ambani to detail post-Covid business plan at AGM; focus on leveraging tech partnerships

Ambani to detail post-Covid business plan at AGM; focus on leveraging tech partnerships

Billionaire Mukesh Ambani is prone to announce plans of leveraging latest partnerships with world expertise giants like Facebook in addition to a imaginative and prescient to maximise oil to chemical … Read More

How Reliance’s Jio Platforms snapped 10 deals in 2 months

How Reliance’s Jio Platforms snapped 10 deals in 2 months

Reliance Industries has raised Rs 64.Four billion ($847 million) from the sale of two stakes in its digital unit Jio Platforms, making them the tenth offers in lower than two … Read More

RIL rights issue subscribed 1.6x on final day

RIL rights issue subscribed 1.6x on final day

The ₹ 53,125-crore rights subject of Reliance Industries Ltd (RIL) was subscribed 1.6 instances because it closed on Wednesday, in a serious enhance to the oil-to-telecom conglomerate’s efforts to trim … Read More

Shareholders to pay 25% for subscribing to Reliance Industries’ Rs 53,125 crore rights issue now

Shareholders to pay 25% for subscribing to Reliance Industries’ Rs 53,125 crore rights issue now

Reliance Industries shareholders must pay solely 25 per cent for subscribing to the corporate’s mega Rs 53,125-crore rights concern, and the stability must be paid in two installments in May … Read More