Amazon Sends Legal Notice To Future Group Over Its Deal With Reliance
According to reports, the deal between Amazon and Future Retail also restricted the Indian firm from entering into a deal with certain firms, regarding which...
Tag : Reliance
Reliance Offers Amazon To Buy 40% Stake In Its Retail Business
The person also said that Amazon hasnāt made any final decision on the size of its potential investment, and talks could still fall apart. A...
Mukesh Ambani To The Rescue? TikTok In Talks With RIL To Sell Its Indian Business
As per reports, parent company of TikTok- ByteDance is planning to sell its Indian business and has approached Mukesh Ambani-owned RIL. Mumbai|Ā TikTok, the short-video...
Reliance Jio To Push For Affordable 5G Smartphones With Google Partnership In India
Reliance Industries announced the Rs 33,373 crore investment by technology giant Google in Jio platforms for a 7.7% stake MUMBAI|Ā Reliance Industries has announced...
Reliance’s Digital Unit Wins Qualcomm Backing In Boost To 5g Plans
With this new investment, Reliance has sold a 25.2% stake in Jio Platforms to investors in a funding spree that began late April, raising $15.69...
Mukesh Ambani Now 9th Richest Person In The World
Mr. Ambani, who owns 42% of Reliance, has profited from a series of new investments into the company’s digital unit, Jio Platforms Ltd. Indian business...
Mukesh Ambani Hits Zero Net-Debt Goal In Lockdown
Mukesh Ambani made a pledge to shareholders in August to slash the group’s net debt to zero within 18 months MUMBAI|Ā Reliance Industries Ltd....
Silver Lake To Invest Additional Rs 4,546 Crore In Jio Platform
Announcing the sale of 1.85% stake in Jio Platforms to Abu Dhabi-based sovereign investor Mubadala for Rs 9,093.60 crore NEW DELHI| On Friday...
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 %...
“Bravo Mukesh!”, Anand Mahindra Lauds Jio-Facebook Deal
Facebook, in one of the biggest investments in India, bought a $5.7 dollar stake in Reliance Industries Limited’s (RIL) Jio subsidiary. Mumbai| Facebook’s investment in...