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Business | Sep 11, 2020, 06:03 PM
Industrialist Mukesh Ambani's Reliance Industries Limited (RIL) has become India's first company to cross $210 billion market cap, entering the top 40 of worlds most valuable firms. At this market valuation, Reliance Industries is now worlds 40th most valuable firm ahead of the likes of Exxon Mobil, PepsiCo, SAP, Oracle, Pfizer and Novartis.
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Sep 10, 2020, 03:10 PM
Reliance Industries is offering to sell about $20 Billion in its retail business to Amazon. The e-commerce retailer held discussions about investing in Mukesh Ambani's company and has expressed interest in negotiating a potential transaction.
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Business | Aug 31, 2020, 11:09 AM
With Future Retail takeover Reliance Retail now consolidated its position in Retail Space. Now Reliance Retail has entered into Upmarket, Metro and Malls. Future Retail has a good presence in these areas.
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Business | Aug 29, 2020, 10:15 PM
Industrialist Mukesh Ambani's Reliance Industries Ltd on Saturday announced the acquisition of Future Group businesses for Rs 24,713 crore to add to its fast-expanding retail business and bolster e-commerce to take on the competition from Amazon.com.
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Business | Aug 27, 2020, 11:23 AM
Amazon founder Jeff Bezos has become the world's first-ever $200 billionaire. Well, you may that the world's richest person is wealthier than he's ever been. His net worth cleared the record $200 billion mark on Wednesday when shares of his online shopping company reached $3,403.64.
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Business | Aug 17, 2020, 09:26 AM
The next big battle of billionaires Mukesh Ambani and Jeff Bezos is set to be on the e-pharma front. According to a report in the Live Mint, both the companies are looking to diversify into the e-pharma segment.
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Business | Aug 15, 2020, 09:44 PM
The COVID-19 is the most disruptive event in the modern history and a 'cooperative and collaborative' effort is needed at the global level in the fight against the pandemic, Reliance Industries chairman Mukesh Ambani said during the launch of a book on coronavirus on Saturday.
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Business | Aug 13, 2020, 11:07 AM
China's ByteDance is in early talks with Mukesh Ambani's Reliance Industries Ltd for investment in its video-based app TikTok's business in India, according to TechCrunch. The report said the two companies began conversations late last month. However, they have not reached a deal yet.
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Aug 11, 2020, 11:06 PM
Billionaire Indian industrialist Mukesh Ambani has become the 4th richest person in the world. Above him, the top 3 positions are currently dominated by Jeff Bezos, Bill Gates, and Mark Zuckerberg. Here are some interesting facts about Mukesh Ambani.
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Business | Aug 10, 2020, 01:36 PM
Saudi Aramco is still chasing a deal to buy a $15 billion stake in Reliance Industries' refining and chemicals business, according to a Bloomberg report. While Aramco is a major supplier of crude to India, Reliance sells petroleum products, including gasoline, to the kingdom.
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Business | Aug 08, 2020, 01:50 PM
Billionaire Mukesh Ambani is now the world's fourth-richest man. The Bloomberg Billionaires Index showed Ambani, the chairman of oil-to-telecom conglomerate Reliance Industries, in the fourth position.
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News | Jul 31, 2020, 09:46 PM
Reliance Industries Ltd Chairman Mukesh Ambani on July 31 extended his congratulations to Department of Telecommunications and Cellular Operators Association of India for commemorating the silver jubilee of mobility in India.
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Business | Jul 31, 2020, 04:51 PM
Reliance Industries Chairman Mukesh Ambani on Friday called for urgent policy measures to move away from 2G service, which started 25 years ago, and make it a "part of history".
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Business | Jul 24, 2020, 03:29 PM
Reliance Industries’ market valuation crossed Rs 14 lakh crore-mark on Friday as its stock rallied over 4 per cent to scale its fresh peak.
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Business | Jul 23, 2020, 07:57 PM
Mukesh Ambani has good news coming his way almost every day it seems. Just a day after he became 5th richest man in the world, Reliance Industries Limited broke into 50 most valued companies in the world.
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Business | Jul 22, 2020, 09:01 PM
Billionaire Mukesh Ambani is now the world's fifth-richest man. The Real-Time Billionaires List by Forbes Magazine shows Ambani, the chairman of oil-to-conglomerate Reliance Industries, at the fifth position, just below Facebook's Mark Zuckerberg.
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Technology | Jul 16, 2020, 10:40 PM
Reliance is all set to tranform lives with consumer application of 5G stack that they claim would connect everything - digitise ecosystem, upscaling workforce - once spectrum is available in India.
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Technology | Jul 15, 2020, 07:00 PM
Reliance Industries' Chairman Mukesh Ambani during Annual General Meeting 2020 announced that company has achieved net debt free balance sheet.
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Technology | Jul 15, 2020, 07:00 PM
Reliance Industries Chairman Mukesh Ambani said that Jio has developed a complete 5G solution from scratch.
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Business | Jul 15, 2020, 11:18 PM
Mukesh Ambani rolled out a series of big-bang announcements, including Google’s investment into Jio Platforms unit and development of an affordable smart phone in partnership with the search engine giant.