mukesh ambani

Wealth

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

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

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

Google's $4.5 bn Investment in Jio Makes up 45% of Google For India Digitisation Fund

At RIL's virtual 43rd AGM, Mukesh Ambani announced that Google will invest INR 33,737 crore (USD 4.5 billion) in Jio Platforms for a 7.7 per cent stake in the company

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

RIL Declared Net Debt Free, Much before Original Schedule

Reliance Industries has raised INR 1.75 lakh crore against its debt of INR 1.61 lakh crore to become net debt-free, much ahead of the March 2021 deadline set by the company

More From This Topic

Reliance Jio

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
Reliance

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.
Reliance Jio

Jio Platforms Nears INR 1 Trillion Investment With Silver Lakes Pumping Additional INR 4,546.80 cr

With this seventh deal in less than six weeks, Jio Platforms has raised INR 92,202.15 cr from 6 global technology investors
Reliance Jio

Abu Dhabi Fund Mubadala to Invest INR 9,093.60 cr in Jio Platforms

This is Jio Platform's sixth deal with a technology investor, totaling its funding so far to INR 87,655.35 cr
Reliance

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.
E-commerce

JioMart Is Serving 200 Cities and Here's How You Can Order Everything Under the Sun

Reliance's new mart is similar to Amazon, Grofers, BigBasket, NaturesBasket. Know how to buy groceries and place an order
Reliance Jio

Jio Picks INR 11,367 cr from KKR, totaling its funding so far to INR 78,562 cr

This is Jio Platform's fifth deal with a technology investor in the last one month
Microsoft

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.
E-commerce

E-commerce News That Shaped 2019 and Trends to Follow in 2020

The increase in the number of secured Internet servers, reliable postal service infrastructure, rising Internet penetration and bank accounts are some of the reasons for the growth of the e-commerce sector in India