Reliance: Page 3

News and Trends

It's Amazon vs Reliance Inds, As Latter Acquires E-pharmacy Startup Netmeds

The investment of INR 620 crore will give Reliance Industries 60 per cent holding in the equity share capital of Vitalic and 100 per cent direct equity ownership of its subsidiaries

News and Trends

Mukesh Ambani Races ahead of Buffett, Larry Page and Musk to Become World's Fourth Richest Person

Bloomberg Billionaire's Index has pegged Mukesh Ambani's net worth at USD 80.6 billion after he amassed a whopping USD 22 billion this year

News and Trends

After Grocery, JioMart To Eye Electronics, Fashion, Pharmaceutical and Healthcare

JioMart is currently trying to scale its geographical reach and delivery capabilities

News and Trends

[Funding Alert] Qualcomm Ventures Invests INR 730 Cr In Jio Platforms

The investment will help Jio Platforms to roll out advanced 5G infrastructure and services for Indian customers.

News and Trends

Intel Capital to Invest INR 1,894.50 crore in Jio Platforms

Intel Capital, the investment arm of Intel Corporation, is the 11th investor to announce an investment in Jio Platforms

News and Trends

With INR 11,367 cr, Saudi Arabia's PIF Is 10th Investor in Jio Platforms

Jio Platforms has raised INR 115,693.95 crore from 10 leading global investors in return of 24.70 per cent stake

News and Trends

All You Need To Know About Jio Platforms-The Toast of Global Investors

The pile of investments peg Jio Platforms' equity value at INR 4.91 lakh crore and an enterprise value of INR 5.16 lakh crore

News and Trends

Jio Platforms Is COVID-Resistant

With yet another investment, this time from the Abu Dhabi Investment Authority, the digital unit of Mukesh Ambani-led Reliance Industries has now raised INR 97,885 crore in less than seven weeks.

Technology

Making Mixed Reality Accessible

Tesseract is a MIT Media Lab spin-off that creates products in the augmented and virtual reality space. Last year, Reliance Industries acquired a majority stake in the company.

News and Trends

Reliance Industries' Rights Issue Subscribed 1.59 Times

The success of the rights issue also comes at a time of increasing uncertainty for most businesses in India who have been hurt by the Coronavirus outbreak-enforced lockdown.

News and Trends

Nadella, Microsoft Reaffirm Start-Up Commitment, Reliance Jio Partnership Hailed By Ambani

Microsoft chief Satya Nadella addressed industry leaders at the Microsoft Future Decoded: CEO Summit event in Mumbai on Monday and also sat down with Reliance Industries chairman Mukesh Ambani.

News and Trends

Consolidation Mode: RIL To Merge TV18, Hathway and Den Cable Into Network18

Under the proposed arrangement, TV18, which runs news channels including CNBC TV18 and CNN News 18, broadband and television provider Hathway Cable and Datacom, and cable TV distribution company Den Networks will merge into Network18.

News and Trends

Reliance Retail Reaches the Top Becoming Fastest Growing Brand

The brand's e-commerce push with a strong focus on building a strong consumer base and delivery network led to this jump, according to a report released by Deloitte India, a consultancy service company.

News and Trends

Startup Saturday: These Indian Startups Catch Softbank's Eye & Oyo Receives IT Notices

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News and Trends

A Look at the Wedding that United the Business, Political and the Entertainment World like Never Before!

It is needless to say that Isha Ambani and Anand Parimal's wedding was a grand affair! What's more is that brought Beyonce, Hilary Clinton and many more stalwarts in one frame!