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  SEBI approves Reliance-Future deal, BSE grants 'no-adverse-observation' status

  Business | January 21, 2021 8:03 IST

  Amazon had written several letters to the SEBI and other regulatory agencies to suspend their review of the deal and not grant it a no objection certification on ground that its challenge to the agreement was before the Delhi High Court.

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  11 Indian companies in Hurun Global 500 list, Mukesh Ambani's Reliance leads among local enterprises

  Business | January 12, 2021 17:34 IST

  Mukesh Ambani-led Reliance Industries leads among the local enterprises with a 20.5 per cent jump in valuation to USD 168.8 billion as of December 1 and is ranked 54th globally, as per the list.  

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  Reliance to buy out IMG Worldwide from sports management JV

  Business | December 25, 2020 14:47 IST

  RIL had formed an equal joint venture with IMG Worldwide, an international sports marketing and management company, in 2010 to develop, market and manage sports and entertainment in India.

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  Future Retail says reviewing HC order, Amazon welcomes verdict

  Business | December 21, 2020 20:55 IST

  Kishore Biyani-led Future Retail Ltd (FRL) on Monday said it is “reviewing” the Delhi High Court order that has rejected its plea to restrain Amazon from writing to regulatory authorities about the SIAC arbitral order against its asset sale under a Rs 24,713 crore deal with Reliance.

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  Reliance shares gain nearly 2% as Mukesh Ambani hints rolling out 5G services

  Business | December 08, 2020 17:58 IST

  ​Shares of Reliance Industries Limited on Tuesday rose nearly 2 per cent after Mukesh Ambani hinted at rolling out 5G telecom services in the second half of 2021. 

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  NCLT gives nod to Reliance Infratel resolution plan; lenders may get around Rs 4,400 crore

  Business | December 03, 2020 16:41 IST

  ​The National Company Law Tribunal on Thursday approved a resolution plan of Reliance Infratel following which lenders may get around Rs 4,400 crore and Reliance Jio may pick up the assets of the debt-ridden telecom infrastructure company, according to sources.

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  Reliance to invest USD 50 million in Bill Gates' Breakthrough Energy Ventures

  Business | November 13, 2020 16:20 IST

  Reliance Industries has invested USD 50 million in Breakthrough Energy Ventures, a climate change company owned by Microsoft co-founder Bill Gates.

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  CCI clears Google buying 7.7 per cent stake in Jio

  Business | November 11, 2020 19:07 IST

  The Competition Commission of India (CCI) on Wednesday said it has approved internet major Google's proposed purchase of 7.73 per cent stake in Jio Platforms.

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  Reliance Digital announces Diwali offers on a wide range of products: All you need to know

  Technology | November 10, 2020 14:56 IST

  Reliance Digital has stepped forward this Diwali in order to offer deals on a wide range of electronics. Here's all you need to know.

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  Saudi Arabia's PIF invests Rs 9,555 crore in Reliance Retail

  Business | November 05, 2020 17:51 IST

  Billionaire Mukesh Ambani-run Reliance Industries Ltd's retail arm on Thursday raised Rs 9,555 crore from Public Investment Fund (PIF) of Saudi Arabia, taking total fundraise in the last two months to Rs 47,265 crore.

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  Reliance Industries Q2 net falls 15 per cent on weak oil business

  Business | October 30, 2020 22:13 IST

  Billionaire Mukesh Ambani's Reliance Industries Ltd on Friday reported a 15 per cent drop in second quarter net profit after the pandemic-hit oil demand dragged down continued good showing in consumer-facing businesses such as telecom.

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  Future Retail hints at challenging arbitration award against its deal with Reliance

  Business | October 26, 2020 16:22 IST

  Kishore Biyani-led Future Retail on Monday hinted at challenging an arbitration order that put a temporary hold on its Rs 24,713 crore deal to sell assets to Reliance Industries.

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  Amazon gets interim relief; Future-Reliance deal put on hold

  Business | October 25, 2020 22:08 IST

  Amazon on Sunday won an interim award against its partner Future group selling retail business to Reliance Industries Ltd for Rs 24,713 crore after a Singapore-based single judge arbitration panel put the deal on hold.

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  Reliance rolls back salary cuts, offers bonus

  Business | October 25, 2020 20:53 IST

  The firm is also offering an advance 30 per cent of the variable pay from the next year's salary to its lakh-plus employees as a goodwill gesture for working during the pandemic, two persons familiar with the matter said.

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  Forbes India Rich List 2020 | Mukesh Ambani remains richest Indian for 13th year

  Business | October 08, 2020 13:43 IST

  Amid the Covid-19 pandemic which hit India hard and led to a sharp economic contraction, half of the nation's 100 richest on the 2020 Forbes India Rich List saw gains. Their collective net worth rose 14 per cent to $517.5 billion from a year earlier, even as the benchmark BSE Sensex stock index remained flat from a year ago.

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  RIL shares jump over 4% after ADIA invests Rs 5,512.5 crore in Reliance Retail

  Business | October 07, 2020 11:54 IST

  Shares of Reliance Industries Ltd on Wednesday gained over 4 per cent after Reliance Retail Ventures Ltd raised Rs 5,512.50 crore from Abu Dhabi Investment Authority (ADIA).  

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  Abu Dhabi Investment Authority invests Rs 5,512.5 crore in Reliance Retail for 1.2 per cent stake

  Business | October 06, 2020 23:06 IST

  Reliance Retail Ventures Ltd, run by India's richest man Mukesh Ambani, on Tuesday raised Rs 5,512.50 crore from Abu Dhabi Investment Authority (ADIA), taking the total fundraise to Rs 37,710 crore in less than four weeks.

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  TCS m-cap surpasses ₹10-lakh-crore mark, becomes 2nd Indian firm to do so after Reliance

  Business | October 05, 2020 13:30 IST

  Tata Consultancy Services (TCS) has become the second Indian firm to attain a market valuation of over Rs 10 lakh crore.

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  GIC to invest ₹5512.5 crore in Reliance Retail: 5 things to know

  Business | October 03, 2020 8:49 IST

  Singapore investment company GIC will invest ₹5512.5 crore in Reliance Retail Ventures Limited (RRVL). The sixth and the latest investment in recent weeks comes -- in exchange for 1.22 percent stake values Reliance Retail Ventures at a pre-money equity value of ₹4.285 lakh crore.  

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  Reliance develops RT-PCR kit that can give coronavirus results in 2 hrs

  Business | October 02, 2020 16:09 IST

  The Reliance Life Sciences has developed an RT-PCR kit that promises diagnosis of the deadly coronavirus infection in about 2 hours, company sources said on Friday.