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Reliance Industries

Indian multinational conglomerate company

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Reliance Industries: Indian multinational conglomerate company
Reliance Industries Limited (RIL) is an Indian multinational conglomerate, headquartered in Mumbai. RIL's diverse businesses include energy, petrochemicals, natural gas, retail, telecommunications, mass media, and textiles. Reliance is one of the most profitable companies in India, the largest publicly traded company in India by market capitalisation, and the largest company in India as measured by revenue after recently surpassing the government-controlled Indian Oil Corporation. It is also the eighth largest employer in India with nearly 195,000 employees. On 10 September 2020, Reliance Industries became the first Indian company to cross $200 billion in market capitalisation.

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Flipkart raises $3.6 billion; current value at over $37.6 billion | Softbank | Oneindia News [Video]

Flipkart raises $3.6 billion; current value at over $37.6 billion | Softbank | Oneindia News

Flipkart has raised $3.6 billion in a new round of funding boosting its online shopping expansion in India and taking on rivals like Amazon, Reliance Industries and the Tata Group. #Flipkart..

Credit: Oneindia     Duration: 01:43Published
Reliance-Saudi Aramco deal: Analysts predict RIL share prices may zoom | Oneindia News [Video]

Reliance-Saudi Aramco deal: Analysts predict RIL share prices may zoom | Oneindia News

At the 44th Annual General Meeting of Reliance Industries Limited, which is being held virtualy due to the covid 19 pandemic, Mukesh Ambani announced that Saudi Aramco Chairman and Governor of the..

Credit: Oneindia     Duration: 01:41Published

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Reliance Industries Limited refutes reports of Nita Ambani joining BHU as faculty


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Man defrauds India's richest man Mukesh Ambani's RIL, ED launches probe

The investigation is being conducted under the Prevention of Money Laundering Act (PMLA) based on FIR filed by the CBI.
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RIL moves HC, says no plan to get into contract farming


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Reliance Jio to move Punjab & Haryana HC, seeks urgent intervention to stop vandalism

Reliance Industries Limited (RIL), through its subsidiary Reliance Jio Infocomm Limited, in a petition mentioned to be filed in Punjab and Haryana High Court today, has sought urgent intervention of..
IndiaTimes - Published

Reliance to build ‘largest zoo in world’ in Gujarat

A pet project of Anant Ambani, RIL chairman Mukesh Ambani’s youngest son, the zoo will be built on about 280 acres of land close to the company’s refinery project at Moti Khavdi near Jamnagar, the..
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Reliance says TPG and L Catterton to invest $847 million in Jio Platforms

Indian oil-to-telecoms conglomerate Reliance Industries raised a total of 64.4 billion Indian rupees ($847 million) from the sale of two stakes in its digital unit Jio Platforms, the group said on..
Reuters India - Published

Reliance says TPG to invest $598 million in digital unit

Indian oil-to-telecoms conglomerate Reliance Industries said on Saturday that global investment firm TPG will buy a 0.93% stake in its digital unit Jio Platforms for 45.46 billion rupees ($598..
Reuters India - Published

Sensex, Nifty end higher as Reliance gains, bargain hunters chip in

Indian shares recovered from a sharp early drop to end higher on Friday, helped by gains in heavy-weight Reliance Industries, with investors seeking bargains as the indexes registered their first..
Reuters India - Published

Exclusive: Netflix in talks to source Indian content from Reliance affiliate Viacom18 - sources

U.S. video streaming company Netflix is in talks with Viacom18, part of the Indian conglomerate Reliance Industries' media unit Network18, about a multi-year partnership to source content, three..
Reuters India - Published

Sensex, Nifty end higher as easing curbs outweigh COVID-19 surge

Indian shares ended higher on Wednesday, led by gains in Reliance Industries and financials, as optimism around reopening of the economy and buoyant global risk sentiment trumped concerns over a surge..
Reuters India - Published

Indian stocks fall 1% as banks, Reliance drag

Indian shares closed lower on Tuesday, ending a 13% surge over the last nine sessions, as banks and heavyweight Reliance Industries weighed, with a broader rally on hopes of a quicker global economic..
Reuters India - Published

Indian shares rise led by financials, Reliance Industries

Indian shares rose on Monday, lifted by gains in financials and a surge in Reliance Industries after its digital unit received multiple investments over the last three days, while upbeat U.S. jobs data..
Reuters India - Published

Reliance says Abu Dhabi Investment Authority invests $752 million in digital unit Jio Platforms

Indian oil-to-telecoms giant Reliance Industries said on Sunday that the Abu Dhabi Investment Authority (ADIA) will buy 1.16% of its digital unit Jio Platforms for 56.83 billion rupees ($752 million).
Reuters India - Published

Indian shares edge up as financials gain; Reliance hits record high

Indian shares edged higher on Friday, helped by gains in financial stocks and a surge in conglomerate Reliance Industries after Abu Dhabi state fund Mubadala invested in its digital unit.
Reuters India - Published

Abu Dhabi-based Mubadala to invest over Rs 9000 crore in Jio Platforms

RIL subsidiary Jio Platforms is a next-generation technology platform focused on providing affordable, high quality digial services across India.
DNA - Published

Indian shares edge higher, led by Reliance, financials

Indian shares edged higher on Friday, helped by gains in financial stocks and a surge in conglomerate Reliance Industries after Abu Dhabi state fund Mubadala invested in its digital unit.
Reuters India - Published

Reliance Industries closes $7 billion rights issue, India's largest ever

India's oil-to-telecoms giant Reliance Industries on Wednesday closed a $7 billion rights issue, India's largest ever, luring buyers in with a rare deferred payment offer.
Reuters India - Published

Reliance launches JioMart online grocery service, challenging Amazon, Flipkart

Reliance Industries Ltd has launched an online grocery service, JioMart, the head of its grocery retail business said, in a move aimed at rivalling Amazon.com's local unit and Walmart Inc's Flipkart in..
Reuters India - Published

Factbox: Fundraising spree for Reliance's Jio Platforms values it at $65 billion

Reliance Industries has raised $10 billion in just a month through five stake sales in digital unit Jio Platforms, whose valuation has surged to $65 billion.
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KKR to invest $1.5 billion in Reliance Industries' digital unit, its biggest deal in Asia

KKR & Co Inc will invest $1.5 billion in Reliance Industries' Jio Platforms, its biggest investment in Asia to date and bringing the amount of new funds raised by the Indian digital company this month..
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Sensex, Nifty end higher on Bharti Airtel boost; banks fall

Indian shares ended higher on Tuesday after three days of losses, spurred by a surge in Bharti Airtel and optimism around a potential coronavirus vaccine, but a late slide in banking stocks and..
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Nifty, Sensex fall as economic package fails to impress; Reliance rises

Indian shares slipped on Monday as investors were unimpressed by the government's economic relief measures and coronavirus cases continued to rise steadily, while a boost in Reliance Industries and..
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Reliance in $870 million General Atlantic deal as Jio Platforms funding tops $8 billion

Reliance Industries on Sunday announced U.S. fund General Atlantic will invest 65.98 billion rupees ($870 million) in Jio Platforms, a fourth deal that takes investment in its digital unit to over $8..
Reuters India - Published

India launches contact-tracing app for JioPhones in virus battle

India's technology ministry said on Thursday it had rolled out a version of its Bluetooth contact-tracking app for 5 million JioPhones, the cheap internet-enabled devices sold by Reliance Industries'..
Reuters India - Published

Sensex, Nifty trim losses on stimulus hopes; Reliance tumbles

Indian stocks pared sharp early losses to end slightly lower on Tuesday on fresh hopes of economic stimulus to aid businesses battered by the coronavirus, even as a plunge in heavyweight Reliance..
Reuters India - Published

Sensex, Nifty surge as lockdowns ease; Reliance, automakers gain

Indian shares bounced on Monday, tracking a surge in Asian peers, as phased easing of coronavirus lockdowns at home and elsewhere spurred hopes of an economic recovery.
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Sensex, Nifty rise on Reliance boost, but end week sharply lower

Gains in Reliance Industries boosted Indian shares on Friday, but they ended the week sharply lower as coronavirus cases continued to spiral and markets awaited an economic stimulus.
Reuters India - Published

Indian shares follow Asian peers higher, Reliance jumps on new deal

Indian shares jumped on Friday, tracking a surge in Asian equities, as Reliance Industries gained on yet another stake sale, while investors also awaited economic stimulus for small businesses battered..
Reuters India - Published

India to roll out COVID-19 app for Reliance's JioPhone in bid to widen use

India will within days roll out a version of its coronavirus contact-tracing application that can run on mobile carrier Reliance Jio's cheap phones, as it looks to increase the reach of the system, a..
Reuters India - Published

Reliance to sell $750 million stake in unit to Silver Lake, on track to cut debt

India's Reliance Industries Ltd said on Monday private equity firm Silver Lake will invest nearly $750 million in its digital arm, days after securing a $5.7 billion investment from Facebook Inc ,..
Reuters India - Published

Covid-19 lockdown: Priyanka Gandhi urges telecom companies to provide free services to migrant labourers

Congress leader Priyanka Gandhi Vadra called upon telecom companies to make their services free for a month to enable the poor migrant labourers reach out to their near and dear ones. In separate..
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Jagan gives RS ticket to RIL group president Nathwani


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In blow for Andhra, RIL scraps 15,000cr project over land row

"Despite protests by farmers, they served notices.Local police also threatened to book cases against farmers for obstructing officials from discharging their duties.
IndiaTimes - Published