reliance

Major Investments in Reliance Retail 2020

The above graph represents the major investments in Reliance Retail unit in 2020. Surprisingly, within two months, Reliance Retail Ventures Limited (RRVL), the subsidiary of Reliance Industries Limited, has raised a total of Rs 47,265 crore from 8 global...

Jio Postpaid Plus Plan Offers Free Netflix And Amazon Prime To Give Airtel and Vi Run For Their Money?

The just launched Jio Postpaid Plus plan is making heads turned. Just when you think Mukesh Ambani led Reliance Jio has already outdone itself in the telecom space, it brings forth a new plan that knocks every other competitor...

After Jio, Reliance Retail Bags Rs. 7,500 Crores As Investment From Silver Lake!

Reliance Industries Limited, aka RIL, is revving up its engine to begin another stake selling spree, but this time for its retail arm Reliance Retail Ventures Limited which operates JioMart. Silver Lake Partners, one of the first US private equity...

Reliance Jio Fiber In Talks With Saudi Arabia’s Public Investment Fund To Raise $1 Billion

As reported last month, Ambani’s plan of raising funds is not just limited to Jio Platforms but beyond that. He has also been looking forward to attracting more investments to JioFiber and held discussions with Qatar Investment Authority (QIA) for...

Reliance Eyes $18 Billion ePharmacy Market With The Acquisition Of Majority Stake In Netmeds

After raising billions of dollars in record time for Reliance Jio, Mukesh Ambani is out for shopping startups to strengthen the presence of its retail business in India. On Tuesday, Reliance Industries Limited (RIL) has confirmed that a majority...

RIL May Acquire Urban Ladder And MilkBasket: Revving Up Its E-Commerce Gameplan!

Mukesh Ambani’s master plan to position Reliance Industries aka RIL as the top dog in Indian e-commerce is slowly starting to unfurl.  To strengthen its digital offerings, RIL is now aiming to acquire two of the most prominent startups in...

Facebook Reveals Big Plans Behind The WhatsApp JioMart Integration In India

After Facebook Inc. (NASDAQ:FB) acquired a minority stake of 9.99% in Jio Platforms for a whopping $5.7 billion in April, it was revealed that WhatsApp would be paired with Ambani’s O2O, aka offline to online, platform JioMart to boost local commerce...

Net Worth Of Mukesh Ambani Is Now Higher Than Warren Buffett, Larry Page And Elon Musk!

Guess who just happened to overtake the net worth of Warren Buffet, Elon Musk, Alphabet Inc Co-Founders Sergey Brin and Larry Page? It’s none other than India’s richest man Mukesh Ambani who is Chairman of Reliance Industries aka RIL. According...

Qualcomm Ventures Invests In Jio: A Masterstroke To Dominate 5G Market In India!

If you thought Reliance’s hot streak of selling stakes in Jio Platforms was over after 12 deals with Intel Corporation’s investment arm being the last one, you were wrong. It has recently been found out that Mukesh Ambani has...

RIL Finally Debt-Free: Ambani Delivers On His Promise 9 Months In Advance!

In August 2019, the Chairman and frontman of Reliance Industries Mukesh Ambani announced one of his most ambitious goals while taking to the stage at Mumbai’s Birla Matoshree Auditorium for addressing his shareholders. He mentioned that the company, which...
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Quick Commerce War Heats Up: Can Flipkart Catch Zepto After the Failed Acquisition?

When a big company intends to enter a new business segment from scratch, it often prefers to acquire an...
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