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Wednesday, January 27, 2021



Exchanges give go ahead to Future-Reliance Retail deal

January 22, 2021 4:23 am

Companies involved in the scheme are advised that any future disputes, complaints, regulatory actions or proceedings, or orders issued therein involving the draft scheme, if any, shall be brought to the notice of shareholders prior to the approval by the National Company Law Tribunal (NCLT).

Mukesh Ambani sold a dream for $27 billion. And now he has to deliver

December 31, 2020 12:57 pm

Mukesh Ambani, the 63-year-old Indian tycoon, is focused on a handful of priorities as he tries to turn Reliance Industries Ltd. from an old-economy conglomerate into a technology and e-commerce titan.

Mukesh Ambani loses $7 billion as oil sinks Reliance shares

November 02, 2020 8:45 pm

The slip in earnings backs Ambani’s strategy and highlights the increasing need for Reliance to reduce its dependence on the energy sector and boost businesses that seek to leverage India’s billion-plus consumers.

On Amazon’s plea, Singapore tribunal stalls Future-RIL deal

October 26, 2020 6:54 am

If Future-RIL decide to go ahead with the deal within the next 90 days, Amazon will challenge and seek enforcement of the arbitration order,” sources said.

Forbes India rich list 2020: Mukesh Ambani tops for 13th consecutive time; check full list

October 08, 2020 6:14 pm

Forbes list 2020: "Amid the Covid-19 pandemic which hit India hard and led to a sharp economic contraction, half of the nation’s 100 richest on the 2020 Forbes India Rich List saw gains," Forbes said on Thursday.

Reliance raises Rs 7,350 crore from 2 investors

October 03, 2020 7:53 am

"Through two separate deals, Reliance Industries will sell 1.63 per cent stake in Reliance Retail Ventures Limited (RRVL). GIC will invest Rs 5,512.5 crore to buy 1.22 per cent share in RRVL," the Indian firm said in a statement.

General Atlantic to buy 0.84% in Reliance Retail for Rs 3,675 crore

October 01, 2020 10:13 am

General Atlantic’s investment will translate into a 0.84 per cent equity stake in RRVL on a fully diluted basis.

Silver Lake to invest Rs 7,500 crore in Reliance Retail for 1.75% stake

September 10, 2020 12:39 am

This is the second billion dollar investment by Silver Lake in a Reliance Industries subsidiary after the $1.35 billion investment in Jio Platforms announced earlier this year.

JioPhone running on Android expected to release by end of 2020: Details here

September 11, 2020 10:59 am

Reliance Jio is set to tap into the budget smartphone market as it is looking to outsource the manufacturing of more than 10 crore smartphones based on Android OS.

Hackers are fooling consumers with fake JioMart websites; Reliance warns

August 29, 2020 10:07 am

Hackers have developed fake websites that look exactly like the JioMart website to fool consumers.


Reliance Jio 4G-ready SIM: Here is how you can get hold of one

May 07, 2016 7:11 pm

Reliance Jio has expanded its 4G service beyond its employees with the employee referral programme. Here is how to get hold of RJio SIM card

Reliance LYF Wind 6, Earth 1, Water 2 and more: All you need to know about LYF devices

March 01, 2016 1:24 pm

Reliance Jio’s LFY brand has launched a slew 4G-enabled smartphones starting at Rs 6,490. Here is all you need to know about the LYF devices.

Reliance Jio Earth 1, LYF Water 1, LYF Water 2 spotted online: Key specs, price and more

January 27, 2016 4:01 pm

Reliance Jio’s LYF Earth 1, LYF Water 1 and LYF Water 2 smartphones are priced the phones between Rs 14,690 and Rs 23,990.


What the Jio institute is expected to earn in its first year: News in Numbers

June 22, 2020 6:21 pm

Reliance’s Jio institute, recently declared an ‘Institute of Eminence,’ puts it at par with the likes of IIT-Delhi, IIT-Bombay, IISc and BITS . Here's a look at its earnings projection in today's News in Numbers. See more:

Reliance Defence to set up shipyard in Visakhapatnam

January 11, 2016 5:39 am

Mumbai, Jan 11 (ANI): Reliance Defence has signed an accord with Andhra Pradesh Government to set up a naval facility along the country’s coast with an initial investment of Rs.50 billion. Reliance Defence, a unit of billionaire Anil Ambani’s Reliance Infrastructure, plans to build submarines and aircraft carriers as well as to provide services including maintenance and refitting of ships at the facility. Reliance Chairman Ambani cited estimates saying the Indian navy could spend nearly 200 billion rupees annually over the next 15 years on acquisitions and fleet modernisation of submarines and aircraft carriers.