Page 55 - Reliance Industries

Qualcomm Ventures invests Rs 730 crore in Jio Platforms for 0.15% stake

Qualcomm Ventures is an investment arm of Qualcomm Incorporated

Elon Musk, Mukesh Ambani now richer than Warren Buffet: Check top 10 list

Tesla chief's fortune rose by $6.07 billion on Friday, following a 10.8% jump in the electric carmaker's stock, according to media reports

RIL closes four Jio stake sale deals, receives Rs 30,062 cr from investors

Reliance had sold a total of 25.09 per cent stake in the subsidiary which houses India's youngest but largest telecom firm, Jio, to 11 investors for Rs 1,17,588.45 crore

Default risk for Indian companies drops at fastest pace in decade

The cost to insure against nonpayment by a basket of Indian companies, including Reliance Industries and State Bank of India, dropped by 252 basis points in May and June combined

Reliance shares jump 2.95%; market-cap zooms Rs 34,195 cr to Rs 11.9 trn

The market heavyweight stock gained 2.95 per cent to close at Rs 1,878.50 on the BSE.

Market Ahead, July 10: All you need to know before the opening bell

The June quarter results of TCS will be a major focus for the Indian markets today which is also likely to decide how the rest of the IT space trades throughout the session

As Asian deals disappear, India becomes unlikely hotspot for M&A

Thanks to investments in Jio, India accounts for more than 12 per cent of announced deals in the Asia Pacific region so far this year, the highest ratio since at least 1998.

Jio Platforms gets Rs 43,574 crore from Facebook for 9.99% stake sale

The deal between Jio Platforms and Facebook was announced on April 22

Indices surge on the back of China rally; 124 stocks hit 52-week high

The benchmark Sensex and the Nifty have advanced 4.5 per cent in the past four trading sessions to end at their highest level since early March

Top headlines: Disengagement in Galwan, RIL m-cap at record high & more

Here are the top headlines of the day

Reliance Industries' m-cap breaches Rs 12 trillion-mark, stock gains 3%

The stock hit a fresh record high of Rs 1,847.7, advancing 3.4 per cent, on the BSE on Monday

Most stocks making positive contribution a healthy sign for market: Experts

During the June quarter, all the Nifty 50 components, but four posted gains. Market players said most stocks making positive contribution is a healthy sign for the market

Zoom's newest challenger: Budding internet tycoon Mukesh Ambani

Like Google Meet, Microsoft Teams and other services, JioMeet offers unlimited high-definition calls - but unlike Zoom, it doesn't impose a 40-minute time limit.

RIL net debt to dip with rights issue, Jio stake sale: Morgan Stanley

Reliance Industries announced today an investment of $252 million by Intel Capital for a 0.39 per cent stake in Jio Platforms

RIL gains 1% as Intel Capital to invest Rs 1,894 crore in Jio Platforms

This will be the twelfth international deal for Reliance's digital arm in less than three months, taking the total investment amount to Rs 117,588.45 crore.

Competition Commission approves Facebook's 9.99% stake purchase in Jio

Jio Platforms was created in October last year to house all-digital initiative of Reliance

Reliance may bring Jio and retail IPOs to unlock shareholder value: Report

Given the $15 billion Aramco deal and free cash flow outlook in the next several years, net debt to equity could continue to fall beyond FY21

Hurun's rich list 2020: Here are the top 10 richest people in the world

Amazon CEO, Jeff Bezos, retains the top spot on the list with $140 billion net worth, down $7 billion from last year, mainly due to the world's largest divorce settlement

Mukesh Ambani keeps salary capped at Rs 15 cr for 12th straight year

This is at a time when remunerations of all whole-time directors of the company, including cousins Nikhil and Hital Meswani, saw a handsome increase in current fiscal year

Crude processing in May recovers, up 7.3% from April to 3.87 million bpd

Compared to last year, Indian refiners' crude processing however tumbled by 24.2 per cent in May to 16.35 million tonnes