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Saudi Arabia's PIF to buy 2.04% in Reliance Retail for Rs 9,555 cr

Reliance Industries Limited and Reliance Retail Ventures Limited (RRVL) announced that the Public Investment Fund (PIF) will invest Rs 9,555 crore (approximately $1.3 billion) for an equity stake of 2.04 per cent into RRVL, a subsidiary of Reliance Industries. 23 days ago
Reliance Jio Play

Mukesh Ambani's RIL could sail through India's economic crisis unscathed: See how

At a time when the world economy has come to a standstill with businesses suffering huge losses, and companies deliberating on means and measures to tide over the Covid-19 crisis, Reliance Industries Limited (RIL) is riding high on success. RIL's Jio platform has managed to attract major investments in a span of just 3 weeks from Facebook, Silver Lake and Vista, in hopes to fortify the digital ecosystem in India and empower consumers in the near future. May 16, 2020