India’s Reliance Industries on Friday announced a $1.5 billion stake sale in digital unit Jio Platforms, a third deal in a little over two weeks that will inject a combined $8 billion in the telecoms-to-energy group to help it pare debt.
Sony Corp is said to be in talks to buy stake in Reliance Industries (RIL) promoted Network18 Media and Investments Ltd. According to a report, the Japanese major is in talks to acquire a stake
The rights issue of Reliance Industries Limited (RIL) is expected to open on May 22. It will be priced at Rs1,257 per share with a share ratio at 1:15. The issue amount is Rs53,125 crore.
Reliance Industries Limited (RIL) and Jio Platforms Limited on Friday announced that Intel Capital will invest Rs1,894 crore in Jio Platforms at an equity value of Rs4.91 lakh crore and an enterprise value of Rs5.16 lakh crore.
KKR & Co will invest $1.5b in Reliance Industries’ Jio Platforms, its biggest investment in Asia to date and bringing the amount of new funds raised by the Indian digital company this month to a massive $10b.
Backed by multi-billion-dollar investments from global tech giants, India’s richest man is ready to rumble with Amazon and Walmart for the country’s huge e-commerce market through his conglomerate Reliance.
India’s telecom leader Reliance said on Monday it is working with Alphabet Inc’s Google to launch a budget 5G smartphone as it laid out a $25 billion plan for introducing the next-generation
Reliance Industries Limited (RIL) said in a press statement that the company is planning for the creation of the largest digital services platform company in India.
Reliance Industrial Infrastructure Ltd (RIIL) on Wednesday reported a rise of 12.6 per cent in its consolidated net profit for the third quarter (Q3) of financial year 2019-20.