Page 26 - Mukesh Ambani

RIL to sell 1.16% in Jio to Abu Dhabi Investment Authority for Rs 5,684 cr

8th investment values firm at Rs 4.9 trn on equity value basis

Three telecom players needed

Duopoly, with only Jio and Airtel, will be unhealthy and lead to job losses in the sector

Silver Lake raises stake in Jio platforms, invests additional Rs 4,546 cr

Reliance Industries in a statement said with this, aggregrate investment by Silver Lake in Jio Platforms will be Rs 10,202.55 crore

RIL raises over Rs 1 trn in 6 weeks, sells 19.9% stake in Jio Platforms

The Mukesh Ambani-led company plans to reduce debt with the proceeds from the stake sale

Facebook to Mubadala: Investors queue up for stake in Jio Platforms

Including investment by the Abu Dhabi fund, Reliance has now sold a combined 19% interest in Jio Platforms in six deals announced over as many weeks

Total Reliance: Why investors are betting on Jio Platforms' future

Over the past six weeks, Jio Platforms has raised a striking $10 billion from global investors

Facebook to acquire 9.9% stake in Jio Platforms via Jaadhu Holdings

In April, Facebook had announced an investment of $ 5.7 billion (Rs 43,574 crore) in Jio Platforms.

Top headlines: May Services PMI improves, US to probe India for digital tax

From oil prices hitting a three-month high, May Services PMI improving from shock collapse in April to Google facing class action lawsuit, here are the top headlines of the day

RIL in talks with West Asian sovereign funds for Jio Platforms: Report

Abu Dhabi and Saudi groups slated to invest about $1 billion into Jio Platforms Ltd, says report

RIL rights issue oversubscribed nearly 1.3 times with one day still to go

Reliance Industries Ltd's Rs 53,124 crore rights issue, which has already been oversubscribed, on Tuesday received further bids for 8.8 crore

RIL diverts Alok Industries for making PPE; says will cut cost to one-third

Capacity has been scaled up to produce more than 100,000 PPE kits per day and cost has been slashed to nearly Rs 650 per unit from the about Rs 2,000 apiece imported price, they said

AI to machine learning: RIL's $2-billion bet to be a tech tornado

The strategy includes spending over $1.6 billion on buying stakes in 24 tech firms across the US, UK, and India

Here's the list of outperforming stocks rising most since lockdown

Eight leading promoter-controlled business houses have emerged as the new Corona warriors for the stock market

Corona warriors for markets: Ambani, Adani stocks rise most since lockdown

The Bajaj group is the only one on the list of 12 conglomerates to be down - 1 per cent - since the lockdown came into effect, thanks to the hammering of stocks of non-banking financial companies.

Reliance Industries' rights entitlement surges 14% a day before close

Units worth nearly Rs 150 crore changed hands on the NSE and another Rs 554 crore on the BSE.

Is India's richest man Mukesh Ambani betting on US-China tech war?

US-traded Chinese technology firms such as JD.com and NetEase are looking for an alternative home closer to the mainland in case tensions between Washington and Beijing escalate

Reliance looks at Nasdaq listing for Jio Platforms; IPO likely by 2021

Morgan Stanley is likely to be appointed the lead banker to manage the overseas listing, while Bank of America Merrill Lynch and Citibank may also be roped in for the IPO, another source informed.

JioMart goes live across India, offers range of products for home delivery

The app is not yet available on Apple or Google Play Store and has to be downloaded from jiomart.com

Best of BS Opinion: The PM-CM-DM structure, trade liberalisation, and more

Here's a selection of Business Standard opinion pieces for the day

KKR picks up 2.32% stake in Mukesh Ambani's Jio Platforms for Rs 11,367 cr

Capital, Bharti Infratel, Coffee Day Resorts and Max Financial Services, this is its largest investment in Asia