Page 44 - Reliance Industries

Can a Tata vs Ambani 'super-app' battle make them India's Alibaba-Tencent?

The 152-year-old Tata Group is talking to Walmart Inc. for a $25 billion investment in a "super-app," a multipurpose online platform

Everything in place to make India global leader in AI: Mukesh Ambani

RIL Chairman Mukesh Ambani said that the time is ripe for India to become a world leader in artificial intelligence (AI) and the tools are also ready to make the country lead globally in the field

Reliance scraps merger of Viacom18 with Sony after 'strategic rethink'

Billionaire Mukesh Ambani's Reliance Industries has called off the proposed merger of his group's entertainment business with Sony Pictures Networks India following a strategic rethink

MARKET WRAP: Sensex up 277 pts; TCS' m-cap tops Rs 10 trn, stock jumps 7%

All that happened in the markets today

GIC, TPG to invest about $1 billion in retail arm, says Reliance Industries

GIC will invest Rs 5,512 crore for a 1.22% stake, while TPG Capital will invest Rs 1,838 crore to own a 0.41% equity stake in the retail arm

India Inc seeks to pare debt via InvITs as foreigners are keen to invest

High interest rates, low-risk model key attractions for overseas investors

Equity fund raising rises 88% to $32.7 bn in first 9 months of 2020

This is already a record year for amount mobilised through the equity capital markets (ECM), topping $31.2 billion raised during calendar 2007, according to financial data firm Refinitiv

Investment fund TPG to invest Rs 1,837 crore in Reliance Retail Ventures

This investment values Reliance Retail at a pre-money equity value of Rs 4.285 trillion

Singapore's GIC to invest Rs 5,512.5 crore in Reliance Retail Ventures

GIC's investment will translate into a 1.22% equity stake in Reliance Retail on a fully diluted basis.

Reliance develops RT-PCR kit that can give Covid-19 results in two hours

Reliance Life Sciences has developed an RT-PCR kit that promises diagnosis of Covid-19 infection in about 2 hours, company sources said

Rising in the pandemic: What makes Reliance so attractive for investors?

Reliance has raised more than $20 billion by selling stakes in Jio Platforms. Global investors including Facebook and Google bought a combined 33% in that venture this year

How is DMart planning to take on Mukesh Ambani's Reliance Retail

Ramping up e-commerce operations and going beyond its current strongholds are key challenges for the grocery chain in its battle with Mukesh Ambani's upcoming retail behemoth

Reliance Jio's fibre arm to raise Rs 14,700 cr through InvIT offer

Another Rs 25,000 cr to be raised by way of debt

Mubadala picks up 1.4% stake in Reliance Retail for Rs 6,247 crore

This would take the combined investment by Silver Lake and its co-investors in Reliance Retail to Rs 9,375 crore in exchange for a 2.13 per cent stake

Mubadala picks up 1.4% stake in Reliance Retail for Rs 6,247.5 cr

This is the second investment by Mubadala in a subsidiary of Reliance Industries

Reliance deals arrest overall decline in PE-VC investment in 2020

Led by Jio, telecom accounted for $10.2 billion of the investments during the first 9 months of 2020

MARKET WRAP: Sensex jumps 629 pts on broad-based buying; Nifty Bank up 3.7%

All that happened in the markets today

Mubadala to invest $2 billion in 25-year strategy plan led by Silver Lake

Mubadala is well known as a key investor in the tech-focused Vision Fund, run by Japan's SoftBank, and has been investing in global tech companies and tech-oriented funds for over 10 years

MARKET WRAP: Sensex gains 95 pts, Nifty ends at 11,227; FMCG stocks advance

All that happened in the markets today

RIL gains 1% as General Atlantic to invest Rs 3,675 cr in Reliance Retail

General Atlantic's investment will translate into a 0.84 per cent equity stake in RRVL. The deal values Reliance Retail at a pre-money equity value of Rs 4.285 trillion