Reliance

Reliance Jio all set to launch low-cost laptops at Rs.15,000: Reuters report

The new laptop will have Jio's own JioOS operating system and apps can be downloaded from the JioStore

Oct 2, 2022

Reliance Retail Launches Premium Fashion Store 'AZORTE', Offering Smart Trial Rooms and Self-Checkout Kiosks

The new fashion store will transform the way Indians shop for premium international and contemporary Indian fashion merchandise.

Sep 29, 2022

Reliance Brands to buy 40% in toymaker Plastic Legno SPA, signs joint venture

Reliance Brands and Plastic Legno SPA have signed a joint venture arrangement through which the former will acquire a 40 per cent stake in the latter's toy manufacturing business in India.

Jun 2, 2022

RBI supersedes Reliance Capital Board; insolvency process to commence soon [details]

After SREI, DHFL, IL&FS, Laxmi Vilas Bank, PMC, YES Bank, Reliance Capital is going under and RBI has superseded the Board while the insolvency process is to commence soon.

Nov 29, 2021

Sensex opens on positive note, touches 60,621.72 points

Markets opened on Wednesday on a positive note with the Sensex starting at 60,619.91 points, touched a high of 60,621.72 points

Oct 13, 2021

No plans to enter corporate farming, buy agriculture land: Reliance amid vandalism of Jio towers | Full statement

Reliance Industries Limited (RIL), through its subsidiary Reliance Jio Infocomm Limited (RJIL), in a petition mentioned to be filed in the Punjab and Haryana High Court on Monday, has sought the urgent intervention of Government authorities to bring a complete stop to the illegal acts of vandalism by miscreants.

Jan 4, 2021

Amazon wins arbitration order against Future's deal with Reliance

A Singapore arbitration panel has put on hold Future Group's $3.38 billion asset sale to Reliance Industries Ltd, an interim win for Amazon.com Inc, which had alleged the deal between the Indian firms breached existing agreements.

Oct 26, 2020

Reliance in talks to buy online furniture retail, milk delivery startups: Report

The oil-to-telecoms conglomerate's talks with Urban Ladder are at an advanced stage, the report said, citing four unnamed sources briefed on the matter.

Aug 17, 2020

Mukesh Ambani is now world's fourth richest; net worth stands at $80.6 billion

To give our readers perspective, Mukesh Ambani's net worth is Rs 60,48,28,44,50,000, as per current conversion value.

Aug 8, 2020

Reliance, Wipro lift Indian shares as vaccine hopes boost optimism

India's most valuable stock Reliance Industries rose about 1.1% ahead of an annual general meeting due later in the day after Bloomberg reported on Tuesday that Alphabet Inc's Google was in advanced talks to invest $4 billion in the digital arm of the conglomerate.

Jul 15, 2020

Reliance launches Jiomart: New online grocery service challenges Amazon, Flipkart

JioMart, the e-commerce venture of Reliance's retail arm, offers free express grocery delivery from neighbourhood mom-and-pop stores.

May 24, 2020

Nifty, Sensex fall as economic package fails to impress; Reliance rises

Indian shares slipped on Monday, May 18 as investors were unimpressed by the government's economic relief measures and coronavirus cases continued to rise steadily, while a boost in Reliance Industries and Cipla limited losses.

May 18, 2020

Reliance says General Atlantic to invest $870 million in digital unit

With this investment, Jio Platforms, which houses Reliance's digital businesses including telecoms unit Jio Infocomm, has raised a total of 671.94 billion rupees from investors including Facebook Inc, Silverlake and Vista Equity Partners in four weeks.

May 17, 2020

Why is Centre preventing Reliance industries to sell stakes to Aramco

The government sought restriction on the deal citing the failure of the two companies to honour their payment under a $4.5-billion international arbitral award in the Panna-Mukta and Tapti (PMT) production-sharing contracts.

Dec 22, 2019

Reliance-Microsoft cloud tie-up poses threat to Amazon, Google in India

As part of the 10-year alliance, Jio will build data centres across India that will be hosted on Microsoft's Azure cloud.

Aug 13, 2019

Saudi Aramco to buy 20% in Reliance oil business in one of the biggest FDI deals in India

The Aramco, Reliance deal will have an enterprise value of around Rs 5,32,466 crore.

Aug 12, 2019

Airtel, Vodafone slapped Rs 3,000 crore fine for refusing interconnection to Jio

Bharti says the company is "extremely disappointed" and the decision would further burden the high stress in the telecom sector.

Jul 25, 2019

Anil Ambani's infra firm lands Rs 7,000 crore Versova-Bandra sea link project

The project will reduce travel time by about 80 minutes on this stretch. The Anil Ambani-led Company had earlier completed Worli-Haji Ali Sea Link in collaboration with Hyundai Engineering.

Jun 27, 2019

Flipkart employees get $100 million ESOP bonanza

Flipkart's ESOP disbursal over a three-year period is aimed to retain its employees.

May 10, 2019

Reliance Foundation offers to help with education, employment of children of martyred CRPF jawans

A media release by the company said that the entire company was saddened and outraged by the incident.

Feb 16, 2019