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 […]
A subsidiary of Mukesh Ambani-led Reliance Industries Limited called ‘Reliance Brands Limited’ has bought 100% stake in Rhea Retail Private Limited and has successfully acquired it for Rs 203.46 crore ($30 million) in cash. Rhea Retail is a Delhi-based privately owned firm which was founded in 2007 and its main line of business comprises of […]
After shaking the telecom market with a new kind of data revolution in the country, Reliance Jio has once again created a buzz as it is about to offer internet, videos and voice call for less than Rs 1000 a month. Such a disruptive offering will not only amp up competition in the telecom sector […]
Tata Consultancy Group and Reliance Industries are currently the two biggest companies in India but differ greatly in terms of the way their businesses operate and in terms of revenues and market valuations. Valuation Tata Consultancy Group leads the race between the two, currently, the Indian company with the highest valuation, Rs 6.11 trillion as […]
Mukesh Ambani led firm Reliance Industries Ltd. (RIL) has invested a mammoth amount of Rs. 10 crores in an early stage healthcare technology platform called KareXpert Technologies Pvt. Ltd. According to the sources, the investment has been made by RIL’s subsidiary and investment arm, Reliance Industrial Investments and Holdings Ltd (RIIHL). A person familiar with […]
Since Jio’s entry in the Indian telecom market, the competition for the best data plan has been fierce; with ever dropping prices and better data plan deals. Vodafone and BSNL, two major competitors of Mukesh Ambani’s telecom company have announced a new prepaid plan, priced at Rs 349 each. Vodafone subscribers will benefit from 3GB […]
Reliance Industries released filings showing that it registered an all time high net profit for the fourth quarter, amounting to Rs 9,435 crores, thanks to advantageous outcomes in the refining and petrochemical business. The firm, which revealed its fourth quarter and fiscal year accounts, showed a 17.3% increase in profit compared to last year’s figure […]
Reliance Industries recently purchased a majority stake of 72.69% in Indiavidual Learning Pvt Ltd’s online education platform Embibe. Mukesh Ambani’s company is set to pour $180 million over the next three years in the company, according to stock market filings. The deal will also see Lightbox and Kalaari Capital leave the online learning platform’s board […]
Reliance Jio, the telecom company of Mukesh Ambani announced today that its existing Jio Prime members who subscribed by March 31, 2018 will receive complimentary prime benefits for the next 12 months for free. As for new Jio users, they can still join the prime membership at an annual fee of Rs 99, the company […]
Reliance Industries, the Indian conglomerate in oil-to-telecom sector bought a stake in Indian music streaming service called Saavn and decided to merge the company with its JioMusic app and thus create a new unit that is reported said to be valued at $1 billion. Reliance will also have to buy a stake from Saavn’s current […]
Mumbai, 31st January 2018: Reliance Jio has come across reports in media and other websites about the existence of purported JioCoin Apps on the Internet that are soliciting investments in crypto currencies from people. Reliance Jio in its press release to Pixr8 mentioned that there are no such apps offered by the company or its affiliates / […]
Jio today unveiled the latest offering from Apple Inc. – the iconic iPhone 8 and iPhone 8 Plus on Jio- at its sprawling campus at the Reliance Corporate Park, Navi Mumbai – with an unprecedented package to enable many more Indians across the country to enjoy the iconic devices on Jio’s most advanced and superior […]