Reliance Industries

Timelines

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.

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.

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.

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).

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.

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'.

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.

14 May 2020

Now, JioPhone users can use Aarogya Setu: Details here

India's COVID-19 contact-tracer, Aarogya Setu, is now being rolled-out on JioPhones, the low-cost 4G-enabled feature phones sold by Reliance Industries.

08 May 2020

Jio Platforms raises Rs. 11,367 crore from Vista Equity

Jio Platforms, the entity holding telecom and digital businesses of Reliance Industries Limited (RIL), has raised Rs. 11,367 crore from US-based private equity firm Vista Equity Partners.

06 May 2020

Coronavirus wiped nearly a quarter of Indian billionaires' wealth: Forbes

The outbreak of COVID-19, which has claimed over 2.5 lakh lives and put a third of the world's population under lockdown, has wrecked economies completely.

04 May 2020

Jio Platforms gets Rs. 5,655 crore investment from Silver Lake

Jio Platforms, the entity housing telecom and digital businesses of Mukesh Ambani-led Reliance Industries, has picked up Rs. 5,655 crore ($747 million) in investment from US-based private equity firm Silver Lake.

03 May 2020

#WeeklyRecap: Free Google Meet, bugs in Chrome, Microsoft Teams, more

The last week of April was all about bugs, glitches, and leaks.

01 May 2020

Jio is also bringing a video-conferencing app: Details here

As more than a third of the world's population remains under some kind of lockdown, video-conferencing has become the go-to option to connect and interact, be it with colleagues or friends.

22 Apr 2020

Facebook invests $5.7 billion (Rs. 43,574 crore) in Jio

Finally, Facebook has confirmed the long-rumored plan of teaming up with Mukesh Ambani-led Reliance Industries.

19 Apr 2020

#WeeklyRecap: OnePlus 8, iPhone SE launched, Cognizant hacked, and more

This week, despite the evolving COVID-19 crisis, notable developments were made in the world of tech.

13 Apr 2020

Coronavirus outbreak: Sundar Pichai donates Rs. 5 crore to GiveIndia

Sundar Pichai, the CEO of Alphabet and Google, has donated Rs. 5 crore to support COVID-19 relief efforts in India.

28 Mar 2020

Maruti Suzuki producing ventilators, masks to tackle coronavirus pandemic

As coronavirus cases continue to increase, Maruti Suzuki, India's largest automaker, is planning to tackle one of the most concerning problems associated with the pandemic - ventilator shortage.

27 Mar 2020

Mukesh Ambani to Anand Mahindra, corporates join fight against coronavirus

As the coronavirus pandemic continues to sweep across countries, the Government of India is doing everything possible to control the spread of the disease, while combating the wide-range of problems stemming from it.