RIL's stock has outperformed Sensex with a 29% jump since the beginning of this year but due to crashing oil demand, its revenues fell
26 days ago
US-based private equity firm General Atlantic will invest Rs 3,675 crore for a 0.84 per cent stake in Reliance Retail, the Indian firm said on Wednesday.
Sep 30, 2020
In less than 2 months, the company managed to secure investments around 1.6 lakh crore through 11 investors and the Right issue.
Jun 19, 2020
Reliance Industries Limited (RIL) and Jio Platforms Limited, India's leading digital services platform, announced on Friday that US private equity fund, KKR will invest Rs 11,367 crore into Jio Platforms.
May 22, 2020
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
During this unprecedented pandemic, a multi-dollar company like Reliance Industries Limited doing pay cuts is indeed worrisome; other companies will follow the trend leaving thousands affected
Apr 30, 2020
Facebook announced an investment of USD 5.7 billion (Rs 43,574 crore) for acquiring a minority stake in Jio Platforms Ltd. Reliance, in a statement, said Facebook's investment will translate into a 9.99 per cent equity stake in Jio Platforms.
Apr 22, 2020
India has emerged as a major market for global tech giants with its increased mobile and internet penetration.
Mar 25, 2020
Mukesh Ambani led conglomerate has taken a series of measures to fight against Covid-19 which has already claimed more than 16,300 lives across the world.
Mar 24, 2020
The BSE Sensex was trading at 35,144, lower than 2400 points or 6.4 per cent from its previous close of 37,576.62.
Mar 9, 2020
Bloodbath at Dalal Street: Sensex plunges over 2400 points, Nifty falls over 600 amid Coronavirus fear
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