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Reliance Industries Ltd Ril
Business  /  Published 05.07.20

Reliance's Jio in another rate war

Jio’s legacy of using freebies to freeze a rival’s turf continues. The JioMeet app launched by Reliance Industries offers unlimited free calls — a model used in its telecom business ...
By Our Special Correspondent in Mumbai

Business  /  Published 04.07.20

Intel Capital invests in Jio Platforms

Reliance Industries Ltd (RIL) on Friday announced that Intel Capital will invest Rs 1,894.50 crore in its digital services arm — Jio Platforms —   the 12th such investment in the comp...
By Our Special Correspondent in Mumbai

Business  /  Published 19.05.20

RIL details rights offer use

Reliance Industries (RIL) will use almost 75 per cent of the proceeds of its rights issue for the repayment of some of its borrowings, according to the offer document.The oil-to-telecom giant expects ...
By Our Special Correspondent in Mumbai

Business  /  Published 15.06.20

RIL primed for more Jio Platforms deals

 After hawking a little over 22 per cent of its digital services arm to foreign investors, Reliance Industries may be hungry for more given the rich valuations it has bagged.Analysts are not ruli...
By Our Special Correspondent in Mumbai

Business  /  Published 10.06.20

Reliance eyes buyout of Future Retail

Kishore Biyani’s Future Group is reportedly in talks with Mukesh Ambani’s Reliance to sell its retail and supply chain businesses.Biyani, who ushered in the organised retail revolution in the coun...
in Calcutta

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Business  /  Published 08.06.20

Sensex rallies over 600 points

Equity benchmark Sensex rallied over 600 points in early trade on Monday led by gains in index-heavyweights Reliance Industries, HDFC Bank and ICICI Bank amid positive cues from global markets and sus...
By PTI in Mumbai

Business  /  Published 22.04.20

Boost for RIL debt-free goal

The $5.7-billion transaction between Reliance Industries and Facebook has reignited optimism about the oil-to-telecom giant turning net debt free by March 2021.Analysts feel RIL is on course to realis...
By Our Special Correspondent in Mumbai

Business  /  Published 22.04.20

Mark-Mukesh deal message

Facebook Inc will invest $5.7 billion (Rs 43,574 crore) for a 9.9 per cent stake in Jio Platforms, a subsidiary of Reliance Industries Ltd (RIL) that will house the group’s digital businesses.The de...
By Our Special Correspondent in Mumbai

Business  /  Published 02.04.20

Reliance Industries board clears new debt plan

The board of Reliance Industries on Thursday decided to raise Rs 25,000 crore in non-convertible debentures (NCDs).“The board of directors of the company, at its meeting held today (Thursday), has a...
By Our Special Correspondent in Mumbai

Business  /  Published 08.05.20

Jio Platforms bags third investor Vista Equity

Reliance Industries Ltd on Friday scooped up another equity partner for Jio Platforms, with global investment firm Vista Equity ploughing Rs 11,367 crore into the digital services arm, heralding the...
By Our Special Correspondent in Mumbai


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