Reliance: Page 3

News and Trends

Startups Became Hot Picks For Big Corporates

Corporates acquired startups mainly to expand its product portfolio and learn and incorporate new age tools that will provide a strong foot in digitization

News and Trends

On Amazon's Plea, Arbitration Court Halts Deal Between Reliance And Future Group

RRVL in a statement said it intends to enforce its rights and complete the transaction in terms of scheme and agreement with Future group without any delay

News and Trends

Abu Dhabi Investment Authority to Pick 1.2% Stake in Reliance Retail for INR 5,512 Cr Investment

RIL's retail arm has sold about 8.5 per cent stake in return of a total investment of INR 37,710 crore from global investors Silver Lake, KKR, General Atlantic, Mubadala, GIC, TPG and ADIA

News and Trends

TPG Invests INR 1,837.5 Cr In Reliance Retail For 0.41% Stake

This investment comes hours after another leading investment firm GIC invested INR 5,512.5 crore in RRVL for an exchange of 1.22 per cent equity stake

News and Trends

Silver Lake Co-investors To Invest Additional INR 1,875 Cr In Reliance Retail

This latest investment values Reliance Retail at a pre-money equity value of INR 4.285 lakh crore

News and Trends

Mukesh Ambani: The Man Who Earned INR 90 Crore Every Hour Since March Lockdown

Mukesh Ambani for the ninth consecutive time has managed to remain on top of IIFL Wealth Hurun India List 2020 with personal wealth of INR 6,58,400 crore

News and Trends

General Atlantic to Invest INR 3,675 Cr in Reliance Retail for 0.84% Stake

This marks third investment in RIL's retail arm from a global investor in less than a month, after Silver Lake announced an investment of INR 7,500 crore and KKR announced INR 5,550 crore funding

News and Trends

KKR Invests INR 5,550 Crore In Reliance Retail

The investment will value Reliance Retail at a pre-equity value of INR 4.21 lakh crore

News and Trends

Silver Lake Invests INR 7,500 Crore In Reliance Retail

The investment from Silver Lake in RRVL came months after it invested $1.35 billion in Jio Platforms earlier this year

News and Trends

Reliance Retail Acquires Future Group's Retail Business

Reliance Industries' retail subsidiary is acquiring Future Group's retail-wholesale business and logistics-warehousing business for INR 24,713 crore

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