Another Equity Firm KKR Invests In Jio For 2.32% stakes
This is the fifth deal Reliance has struck in four weeks for sale of a minority stake in the unit that houses Reliance telecom firm,...
Tag : Mukesh Ambani
Third Deal For Reliance Jio, To Sell 2% Stake To Vista Equity Partners
RIL is on course to become a debt-free company earlier than its deadline as Jio Platforms has raised Rs 60,500 crore in less than three...
Week After Deal With FB, Mukesh Ambani’s Jio Gets Silver Lake Investment
Silver Lake Rs. 5,656 crores investment comes after Facebook said it would spend Rs. 43,574 crores to buy a 9.99% stake in Jio Platforms. New...
Reliance Industries Announces 50% Pay Cut, Mukesh Ambani To Not Take Any Pay
by News Desk
India’s Reliance Industries has cut the pay of employees by up to 50% in wake of the coronavirus pandemic as per a company letter. Mumbai|...
Mukesh Ambani Now Asia’s Richest Person, Overtakes Jack Ma
On Wednesday, Mr. Ambani’s fortune rose to $49.2 billion, a spike of almost $4.7 billion, after Facebook announced that it’d be buying a 10 %...
Mark Zuckerberg Facebook Becomes The Largest Minority Shareholder In Reliance Jio
“…we’re committing to work together on some major projects that will open up commerce opportunities for people across India,” Zuckerberg said NEW DELHI| Facebook Founder...
Mukesh Ambani’s Net Worth Drops To $48 Billion In 2 Months Amid Coronavirus Crisis
The chairman and managing director of the diversified Reliance Industries, Mukesh Ambani, saw his wealth decline to $48 billion. Mumbai: The net worth of India’s richest...
Mukesh Ambani loses Asia’s richest crown to Jack Ma in $5.8 billion rout
Reliance Industries MD Mukesh Ambani is no longer Asia’s richest man after he lost $5.6 Bn on the back of a severe decline in RIL’s...
Business Headlines: Will Reliance buy BPCL?
The government, desperate to meet its fiscal deficit target of 3.4% of GDP, earmarked an ambitious ₹ 1.05 Trillion as its disinvestment receipts. To meet...
Forbes India Rich List 2019: While Mukesh Ambani continues to domiante, Adani climbs to the second spot
Forbes claims Mukesh Ambani added $4.1 billion to his net worth as Jio becomes one of India’s biggest mobile carriers. New Delhi| Chairman of...