Articles about Reliance Industries
27 Aug 2021
Reliance Life Sciences gets approval for COVID-19 vaccine trial
Reliance Life Sciences, part of Mukesh Ambani-led Reliance Industries Limited, on Thursday received regulatory approval to carry out clinical trials of its coronavirus vaccine candidate, reported The Economic Times.
06 Aug 2021
Supreme Court rules in favor of Amazon in Future-Reliance case
The Supreme Court of India today ruled in favor of Amazon in the high-profile case involving the e-commerce giant and Reliance Industries over a business merger.
24 Jun 2021
Everything that Ambani announced at Reliance's Annual General Meeting 2021
Today, Mukesh Ambani-led conglomerate Reliance Industries Ltd. (RIL) held its 44th Annual General Meeting (AGM), virtually. The event commenced at 2pm and was streamed live on the JioMeet platform.
03 Jun 2021
Reliance working to produce cheaper testing kits, new COVID-19 drug
India has been at the forefront of the battle against the COVID-19 pandemic with numerous out-of-the-box solutions.
17 Mar 2021
Following protest, Reliance Industries denies Nita Ambani's appointment at BHU
Reports of Nita Ambani being invited as a visiting lecturer at the Banaras Hindu University (BHU) are fake and she has not received any invitation from the university, a Reliance Industries Limited spokesperson said on Wednesday.
05 Mar 2021
Reliance to bear COVID-19 vaccination costs for employees, their families
Billionaire Mukesh Ambani-led Reliance Industries Limited (RIL) will bear the full cost of vaccinating its employees and the members of their immediate family, reportedly totaling an estimated 12.2 lakh, the company said in an internal communication.
11 Feb 2021
Amazon moves Supreme Court over $3.4bn Future Group-Reliance deal
Amazon has moved India's Supreme Court to stop a $3.4 billion assets sale by its partner, Future Group, to Reliance Industries.
25 Jan 2021
India's richest 100 earned Rs. 13 lakh crore since March-2020
India's top 100 billionaires saw their wealth increase by Rs. 13 lakh crore since March last year even as the COVID-19 pandemic led to severe job losses, Oxfam said in its latest report.
21 Jan 2021
History created: Sensex breaches 50,000-mark for the first time ever
In a development that is sure to make investors, market watchers, and companies happy, S&P BSE Sensex crossed the 50,000-mark for the first time ever on Thursday.
07 Jan 2021
Elon Musk surpasses Jeff Bezos to become world's richest person
Tesla Inc. and SpaceX CEO Elon Musk has surpassed Amazon boss Jeff Bezos to become the world's richest person, Bloomberg reported on Thursday.
31 Dec 2020
China's Zhong Shanshan replaces Mukesh Ambani as Asia's richest person
Reliance Industries (RIL) Chairperson and Managing Director Mukesh Ambani is no longer the richest person in Asia. That title now belongs to China's Zhong Shanshan, a vaccine magnate and the founder of the bottled water company Nongfu Spring.
23 Dec 2020
Reliance set to relaunch JioPhone next year
The COVID-19 pandemic has given a completely new perspective on the use of smartphones in India. This has prompted Mukesh Ambani-led Reliance Industries to relaunch its 4G feature phone in the next quarter.
02 Dec 2020
Reliance Industries tops Fortune India-500 list for second straight year
Billionaire Mukesh Ambani-led Reliance Industries Limited (RIL) has topped the Fortune India-500 list for the second year in a row.
20 Nov 2020
Reliance Retail raises Rs. 47,265cr from sale of 10% stake
Billionaire Mukesh Ambani-led Reliance Industries announced that it has completed the sale of Rs. 47,265cr worth of stake in its retail arm, Reliance Retail Ventures Limited (RRVL), to a group of foreign investors.
15 Nov 2020
Reliance buys 96% stake in Urban Ladder for Rs. 182cr
Reliance Retail Ventures Limited (RRVL), a subsidiary of Reliance Industries Ltd. (RIL), has acquired a majority stake in online furniture retailer Urban Ladder, the company announced on Sunday.
13 Nov 2020
RIL to invest $50mn in Bill Gates-owned Breakthrough Energy Ventures
Reliance Industries will be investing $50 million (approximately Rs. 373 crore) in Breakthrough Energy Ventures, a firm established by billionaire philanthropist Bill Gates in 2015 to battle climate change.
26 Oct 2020
Future Group, Reliance ignore ruling to hold $3.4bn deal
The Future Group on Monday said that it was examining an order to stall a Rs. 24,713 crore (approximately $3.4 billion) asset sale to Reliance Industries Limited (RIL).
21 Oct 2020
Jio and Qualcomm begin 5G trials, achieve 1 Gbps speed
In a new development, Mukesh Ambani-led Jio Platforms Ltd. has announced its 5G plans in collaboration with Qualcomm Technologies.
07 Oct 2020
NewsBytes Briefing: Apple launching iPhone 12 on October-13, and more
Last night, Apple sent out invites for a 'Hi, Speed' event.
30 Sep 2020
Reliance Retail scores Rs. 3,675cr from General Atlantic: Details here
The retail venture of Mukesh Ambani's Reliance Industries is going all guns blazing to take on Amazon and Walmart in India.
28 Sep 2020
Jio appears to be blocking Twitch streams in India
Telecom giant Reliance Jio appears to be blocking Twitch streams in India.
27 Sep 2020
PUBG ban not likely to be revoked anytime soon: Report
The ban on PUBG came as a big blow for PUBG Corporation, the creator of the title, and Tencent Games, the Chinese company behind its mobile version.
30 Aug 2020
What does Reliance and Future Group deal mean for India
In a major move, Mukesh Ambani's Reliance Industries has announced the decision to buy businesses of Kishore Biyani-promoted Future Group for Rs. 24,713 crore.
25 Aug 2020
NewsBytes Briefing: Epic's Unreal Engine gets legal protection, and more
Since last night, the case between Apple and Epic Games has progressed.
20 Aug 2020
Chemist body opposes Reliance's acquisition of Netmeds: Here's why
Yesterday, Mukesh Ambani's Reliance Industries had announced the acquisition of online pharmacy Netmeds, along with its subsidiaries and parent company, to scale up its e-commerce play.
19 Aug 2020
NewsBytes Briefing: Reliance buys Netmeds, SpaceX's biggest fund-raise, and more
In the last few hours, renowned tech giants took major strides.
17 Aug 2020
Reliance could buy Milkbasket, Urban Ladder in e-commerce push
As Amazon and Flipkart continue to take long strides in the Indian e-commerce segment, Mukesh Ambani's Reliance Industries is also looking to grow its online footprint.
16 Aug 2020
#WeeklyRecap: Trump's 90-day deadline for TikTok, Fortnite row, and more
This week, several big players made headlines in the world of technology.
13 Aug 2020
NewsBytes Briefing: Reliance could back TikTok's business, and more
In the updates since last night, TikTok's parent company ByteDance was reported to have approached Mukesh Ambani's Reliance Industries for a potential investment in the video service's India business.
14 Jul 2020
Google likely to invest $4 billion in Reliance's Jio Platforms
After several major conglomerates and foreign funds, technology giant Google is mulling an investment in Reliance Industries' Jio Platforms.
14 Jul 2020
Mukesh Ambani becomes 6th richest person in the world
After a massive fund-raising spree of Jio Platforms, Indian business magnate Mukesh Ambani has become the sixth-richest person in the world.
11 Jul 2020
BJP blocks Parliament panel review of PM-CARES Fund
The Centre's response to the coronavirus pandemic and the PM-CARES Fund will most likely not be scrutinized by the Public Accounts Committee (PAC) as Bharatiya Janata Party (BJP) blocked a move regarding the same on Friday.
10 Jul 2020
Mukesh Ambani's Jio blatantly copied WhatsApp for JioChat
A week ago, Jio Platforms, the telecom-to-digital entity of Mukesh Ambani's Reliance Industries, launched JioMeet, a video conference service that looked more like a rip-off of its prime competitor 'Zoom'.
03 Jul 2020
Jio Platforms scores Rs. 1,894 crore investment from Intel
Jio Platforms, the entity that holds the telecom and digital businesses of Mukesh Ambani's Reliance Industries Limited (RIL), has scored another big investment.
18 Jun 2020
Jio Platforms scores another investment: $1.5bn from Saudi Arabia's PIF
Mukesh Ambani's Jio Platforms has scored yet another multi-billion-dollar investment.
05 Jun 2020
Ambani's Jio Platforms scores another investment: $1.2 billion from Mubadala
In another multi-billion-dollar deal, Jio Platforms, the company holding the telecom and digital businesses of Reliance Industries Limited (RIL), has agreed to raise Rs. 9,093.6 crore from Mubadala, an Abu Dhabi-based sovereign investor.
01 Jun 2020
COVID-19 outbreak: Reliance starts manufacturing 'affordable PPE' for frontline workers
As the number of COVID-19 cases continues to spike in India, Reliance Industries is racing to manufacture protective gear for workers on the frontline.
31 May 2020
#WeeklyRecap: Trump targets Twitter, SpaceX-NASA historic mission, JioMart, and more
This week, we saw plenty of developments in the tech world.
22 May 2020
Jio Platforms raises Rs. 11,367 crore from KKR: Details here
Jio Platforms, the company holding the telecom and digital businesses of Reliance Industries Limited (RIL), has raised Rs. 11,367 crore ($1.5 billion) from US-based equity firm KKR.
17 May 2020
Jio Platforms raises Rs. 6,598 crore from General Atlantic
Jio Platforms, the entity holding telecom and digital businesses of Reliance Industries Limited (RIL), has raised Rs. 6,598 crore ($869.8 million) from US-based private equity firm General Atlantic.