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Reliance Industries Ltd Ril
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 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 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

Business  /  Published 26.08.20

Ex-IOC chief to head Reliance Industries Ltd O2C biz

Former Indian Oil Corp (IOC) chairman Sanjiv Singh has joined Reliance Industries Ltd as group president for the Mukesh Ambani-run firm’s oil-to-chemicals business. A communication by RIL execu...
By PTI in New Delhi

Business  /  Published 18.08.20

Reliance Industries acquires Netmeds

Reliance Industries on Tuesday announced the acquisition of a majority stake in Netmeds, the Chennai-based online pharmacy, for a cash consideration of around Rs 620 crore. Under the terms of the dea...
By Our Special Correspondent in Mumbai

Business  /  Published 11.08.20

Aramco revives Reliance Industries interest

Saudi Aramco has indicated that it is doing a due diligence on picking up a stake in the oil-to-chemicals (O2C) business of Reliance Industries, which raises the prospects of some movement in the prop...
By Our Special Correspondent in Mumbai

Business  /  Published 16.07.20

Google will invest $4.5 billion in Jio

Google will invest Rs 33,737 crore ($4.5 billion) for a 7.7 per cent stake in Jio Platforms and will also help it develop affordable smartphones. Billionaire Mukesh Ambani announced the mega deal at ...
By Our Special Correspondent in Mumbai

Business  /  Published 16.07.20

Reliance Industries: Zero net debt target surpassed

Reliance Industries Ltd (RIL) is now a “truly zero net debt” company following the capital raising at Jio Platforms and the rights issue, and it will now look forward to only adding strate...
By Our Special Correspondent in Mumbai

Business  /  Published 16.07.20

RIL: Armaco deal off

The Aramco deal is off — at least for now. Mukesh Ambani, the sixth richest man in the world, has seen everything go swimmingly well at a time every other industrialist has moaned about how the...
By Our Special Correspondent in Mumbai


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