Reliance Industries becomes first Indian firm to hit $150 bn market cap
Reliance Industries became the first Indian firm to hit a market valuation of $150 billion.
Search Results for: reliance jio
TPG picks 0.93 pc stake in Jio Platforms for $600 Million
TPG will invest $600 million in Reliance Jio Platforms at an enterprise value of $65 billion.
Abu Dhabi state fund in talks to invest $1 bn in Jio Platforms: Report
Mubadala Investment Company is in talks to invest about $1 billion in Reliance Jio platforms.
JioMart Launched Operation in 200 Indian Cities
Reliance grocery platform Jiomart launched its delivery services in nearly 200 cities in India.
Vista Equity Partners Acquire 2.32% stake in Jio for $1.5 billion
Vista Equity Partners will buy a 2.32 percent stake in billionaire Mukesh Ambani’s digital unit, Jio Platforms, for $1.5 billion.
Jio’s Plan to Charge an Undue Haste, says Voda Idea
Telecom Network Voda Idea alleged that Jio’s decision to levy 6 paise per minute on voice calls to rival phone networks is undue haste.
Jio becomes second largest Indian telecom operator, profit zooms 45.6% to 891 crore
As per the subscriber base, Indian telecom company Reliance Jio becomes India’s second largest telecom operator.
How Reliance will beat Amazon and Flipkart in E-commerce race
Reliance Retail set to disrupt the Indian online e-commerce through its upcoming launch in Online space.
Reliance Gears-up To Sell Smartphones and Electronic appliances Online
India’s largest subsidiary of Mukesh Ambani’s Reliance Industries retail chain, Reliance Retail has make its way to online sales of smartphones and electronic appliances such as refrigerators, air conditioners, and televisions. Reliance Retail is the online extension platform of Reliance Digital, a consumer durables and information technology concept. Reliance Digital with 305 stores as of June and 4,530 smaller Jio stores […]
News of the Day: Reliance Becomes India’s Largest Tax-Paying Private Company
Mukesh Ambani, the Chairman of Reliance Industries said that Reliance has become first Indian private sector company paying 9,844 crore tax and 26,312 crore of customs and excise duty(6.4% of India’s total collection). While addressing the crowd and media at the Reliance Industries’ 41st Annual General Meeting Mukesh Ambani said, “the RIL posted a net profit of […]
Reliance Industries to Acquire Telecom Solutions firm Radisys Corporation
Reliance Industries is gearing to acquire Nasdaq listed telecom solutions provider Radisys Corporation for a whopping $75 million i.e approx (Rs. 510 crores), a move that would push it into an Internet of Things and 5G through Reliance Jio Infocomm. According to the sources, RIL will pay $1.72 per share in cash for the buyout […]
Mukesh Ambani’s Reliance Industries Plans To Hit The E-Commerce Sector
India’s business tycoon Mukesh Dhirubhai Ambani-led Reliance Industries has its major plans to enter the country’s e-commerce market which is worth $200 Billion. The company aims to join offline as well as online buying experience for its customers. It is being reportedly stated that the plan will be carried forward by combining two units of […]