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Reliance Industries
Business  /  Published 06.10.20

Abu Dhabi bet on RIL Retail shopping spree

Reliance Industries on Tuesday announced another investment from a global investor in its retail arm. Abu Dhabi Investment Authority’s (ADIA) wholly owned subsidiary will invest Rs 5,512.50 cror...
By Our Special Correspondent in Mumbai

Business  /  Published 01.10.20

Mubadala picks up stake in RIL Retail

Reliance Industries (RIL) on Thursday announced that Mubadala Investment Company (Mubadala), the Abu Dhabi-based sovereign investor, will invest Rs 6,247.5 crore into its retail arm. The investment v...
By Our Special Correspondent in Mumbai

Business  /  Published 30.09.20

Reliance raises more money for retail arm

Reliance Industries Ltd (RIL) on Wednesday announced a cumulative investment of Rs 5,549 crore in its retail arm. While global private equity firm General Atlantic will bring in Rs 3,675 crore for a ...
By Our Special Correspondent in Mumbai

Business  /  Published 23.09.20

KKR invests in Reliance Retail

US private equity firm KKR is investing Rs 5,550 crore to buy a 1.28 per cent in the retail arm of Reliance Industries Ltd (RIL) as the oil-to-telecom conglomerate continues its fund raising exercise....
By Our Special Correspondent in Mumbai

Business  /  Published 10.09.20

Reliance’s m-cap hits $200 billion

Reliance on Thursday became the first Indian company to record a market capitalisation of $200 billion. News of Silver Lake Partners investing in its retail arm and the possibility of similar announce...
By Our Special Correspondent in Mumbai

Business  /  Published 10.09.20

Amazon eyes RIL foothold

According to the analysts at Credit Suisse, the combined entity can leverage the deep offline network of Reliance Retail and the established logistics network of Amazon to harness cross-selling and om...
By Our Special Correspondent in Mumbai

Business  /  Published 09.09.20

Investor rush for RIL retail

An investor rush is on way in Reliance Industries’ retail business — just as a bevy of marquee names flocked to its digital arm amid the economic mayhem triggered by the pandemic. A begin...
By Our Special Correspondent in Mumbai

Business  /  Published 07.09.20

RIL unveils spinoff plan for O2C biz

Reliance Industries Ltd (RIL) has formally set in motion the process of spinning off its oil-to-chemical (O2C) business into a separate subsidiary and induct partners into the entity. It has come up ...
By Our Special Correspondent in Mumbai

Business  /  Published 04.09.20

RIL eyes $1bn for retail arm

Silver Lake Partners is likely to invest $1 billion in Reliance Retail, valuing the retail venture at $57 billion (Rs 4.2 lakh crore). Reliance has recently acquired the retail and wholesale business...
By Our Special Correspondent in Mumbai

Business  /  Published 01.09.20

Seal on RIL tower plan

A bunch of investors, including GIC — the sovereign wealth fund of Singapore —  and Brookfield Infrastructure Partners, have acquired a 100 per cent stake in a telecom tower company f...
By Our Special Correspondent in Mumbai


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