The abridged letter of offer, application form of rights issue and rights entitlement letter will be sent to eligible equity shareholders of the company
This is Jio's third major announcement in three weeks after it previously sold stakes to Facebook and Silver Lake
According to a banker close to the development, the lenders have approached India's top retail players to evaluate the possibility of a merger
On a weekly basis, Sensex zoomed 7.6 per cent and Nifty jumped 7.7 per cent
No regulatory approvals were required in India for the acquisition of shares
From Axis Bank investing in Max Life Insurance to ADB approving $1.5 bn loan for India, here are top headlines of the day
Wood has rejigged his exposure to Indian stocks in his Asia ex-Japan long-only portfolio with HDFC Bank and ICICI Bank paving the way for Cipla. Besides, he remains bullish Reliance Industries.
Facebook announced an investment of $5.7 billion (Rs 43,574 crore) to buy a 10 per cent stake in Jio Platforms
Indian equity markets inched higher on Wednesday, helped in great part by Reliance Industries (RIL), which ended over 10 per cent higher
Reliance Industries' higher cost efficiencies and diversified business model will prove helpful
Rising telecom revenues to partly compensate for muted show of refining, retail & petrochemicals
Barring three stocks - Eicher Motors, Shree Cement and Bajaj Finance - all the Nifty components have gained during this two-week period
"I firmly believe that each one of our colleagues across our businesses deserves to be honoured as 'Frontline Warriors'," Ambani said.
The quantum of funds to be raised or the purpose of fund raising has not been disclosed in the intimation.
Higher telecom earnings can help amid fears of weak refining & petrochemical margins
Valuation of Reliance Industries Ltd (RIL) eroded by Rs 54,961.45 crore to Rs 6,46,732.07 crore and that of HDFC dropped by Rs 54,479.15 crore to Rs 3,03,722.13 crore.
Among sectoral indices on the NSE, PSU banks, realty, metal and auto stocks witnessed declines while media stocks rallied
Indices see biggest 1-day fall ever in absolute terms, here are the eight major things about the selloff across global markets
RRVL will acquire 7,86,191 equity shares representing 100 per cent of the equity share capital of SKDS
Reliance, the operator of the world's biggest refining complex, said its purchases of Venezuela crude oil are reported to and permitted by the US government.