Search Results - GulfToday

Suggestions

    SHOWING 23 Results

    GIC, TPG to invest about $1 billion in Reliance retail arm

    03 Oct 2020

    Indian oil-to-telecoms conglomerate Reliance Industries Ltd said on Saturday Singapore sovereign wealth fund GIC and global private equity firm TPG Capital invested a combined 73.50 billion rupees (about $1 billion) in its retail unit.

    Mubadala to invest Dhs3.1b in Reliance Retail Ventures

    01 Oct 2020

    Mubadala Investment Company (Mubadala), the Abu Dhabi-based sovereign investor, on Thursday announced it will invest 62.48 billion rupees (Dhs3.1 billion) into Reliance Retail Ventures Limited (RRVL),

    General Atlantic and others to buy stakes in Reliance Retail

    01 Oct 2020

    India’s Reliance Industries said that private equity firm General Atlantic would invest Rs36.75 billion ($498.31 million) for a 0.84% stake in its retail arm, while Silver Lake co-investors will also buy a stake.

    Mukesh Ambani named world’s ninth richest

    29 Feb 2020

    Reliance Industries Ltd (RIL) chief Mukesh Ambani is the ninth richest person in the world along with Steve Ballmer of Microsoft and Larry Page of Google, each having a net worth of $67 billion, according to the Hurun Global Rich List 2020.

    Google to buy $4.5 billion stake in digital unit of India’s Reliance: Ambani

    15 Jul 2020

    Major players including Facebook, Intel and others have already ploughed some $15 billion into Jio Platforms this year, as Ambani — India's richest man — seeks to take on US giants Amazon and Walmart in India's growing online retail sector.

    India’s richest man takes on Amazon, Walmart in e-commerce gamble

    17 Jul 2020

    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.

    Jack Ma topples Mukesh Ambani as Asia's richest after virus impact sends oil markets into a freefall

    10 Mar 2020

    The persistent concerns of severe impact of the coronavirus epidemic coupled with the recent carnage in the oil markets have erased $5.8 billion from the RIL chief's net worth.

    Reliance to develop smartphone with Google in $25b 5G push

    29 Aug 2022

    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

    Indian billionaire Mukesh Ambani is the mystery buyer of $80 million sea-facing 10-bedroom villa in Dubai

    28 Aug 2022

    Anant Ambani, the youngest son of the billionaire industrialist purchased the luxury property at Palm Jumeirah earlier this year when Belleview Real Estate, the property agency, announced the sale of the luxury estate.

    Aramco chairman inducted to Reliance’s board, says Ambani

    24 Jun 2021

    Mukesh Ambani, Chairman of Group on Thursday announced the induction of Aramco chairman Yasir Al Rumayyan as an independent director on Reliance’s board, signalling the strength of the ties between the two companies.

    23 Results

    Most Popular Stories