FUNDING Reliance Retail Raises $1.3 billion from PIF November 5th, 2020 Reliance Retail raises $1.3 billion from the Saudi Arab based Public Investment Fund for a 2.04 stake.
News Reliance offer 40% stake in Reliance Retail to Amazon for $20 bn September 10th, 2020 Reliance and Amazon hold a discussion to acquire a 40 percent stake in Reliance retail worth about USD 20 billion.
ACQUISITION Reliance acquires Majority Stake in Netmeds for $83 Million August 19th, 2020 Reliance acquires Netmeds an online pharmacy that offers medicine along with other health products in India for $83 million.
ACQUISITION Qualcomm acquires 0.15% stake in Jio for $97 million July 13th, 2020 India's leading telecom company Reliance Jio raises $97 million from wireless technology leader Qualcomm.
News India's Richest Man Company launched Zoom alternative Jiomeet July 3rd, 2020 Reliance Jio officially launched its video conferencing platform JioMeet yesterday.
INDIA Reliance Industries becomes first Indian firm to hit $150 bn market cap June 22nd, 2020 Reliance Industries became the first Indian firm to hit a market valuation of $150 billion.
BUSINESS Reliance Industries denies any link to $1.2b Money Laundering case in Netherlands June 5th, 2020 Dutch investigators last week arrested three former employees of a local firm suspected of laundering $1.2 billion.
INDIA JioMart Launched Operation in 200 Indian Cities May 27th, 2020 Reliance grocery platform Jiomart launched its delivery services in nearly 200 cities in India.
ACQUISITION Reliance Acquire 85% Stakes of NowFloats December 13th, 2019 Reliance Industry said its subsidiary has picked up 85 per cent stake in NowFloats Technologies.
News RIL to Set up Subsidiary for Digital Platform Initiatives October 26th, 2019 Reliance Industries Ltd board approved the formation of a wholly-owned subsidiary for digital operation with an investment of Rs 1.08 lakh crore.
ACQUISITION Reliance acquires Fynd Stake For $42.33 million August 5th, 2019 India based Reliance Industries acquires 87.6% stake of tech based eCommerce platform Fynd for $42.33 million.
ACQUISITION RIL Acquires British Toy maker Hamleys for $88.6 Million May 10th, 2019 Reliance acquired british toy making company Hamleys.
