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Reliance Industries Ltd Ril
Business  /  Published 27.08.20

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 19.08.20

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 12.08.20

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

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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

Business  /  Published 15.07.20

Google may hop on to Jio platforms

After a flurry of deals at Jio Platforms Ltd, a mega transaction seems to be brewing in the digital services subsidiary of Reliance Industries Ltd (RIL). The buzz is Google is next in line with a mam...
By Our Special Correspondent in Mumbai

Business  /  Published 13.07.20

Qualcomm to invest up to Rs 730 crore in Jio

Reliance Industries Ltd (RIL) on Sunday announced yet another investment in its digital services arm Jio Platforms Ltd. Qualcomm Ventures, the investment arm of Qualcomm Incorporated, will be investin...
By Our Special Correspondent in Mumbai

Business  /  Published 13.07.20

Watch on oil and retail at Reliance Industries AGM

Reliance Industries’ investors are expecting announcements on a stake sale in its oil-to-chemical business and an acquisition of the retail business of the Future group at the company’s fo...
By Our Special Correspondent in Mumbai

Business  /  Published 10.07.20

Reliance Industries seals fuel retail deal with BP

Reliance Industries on Thursday finalised a deal with BP in fuel retail following which BP paid $1 billion to pick up a 49 per cent stake in the joint venture. The much-awaited tieup will see retail p...
By Our Special Correspondent in Mumbai


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