Articles about Reliance Industries

Reliance Life Sciences gets approval for COVID-19 vaccine trial

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.

Supreme Court rules in favor of Amazon in Future-Reliance case

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.

Everything that Ambani announced at Reliance's Annual General Meeting 2021

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.

Reliance working to produce cheaper testing kits, new COVID-19 drug

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.

Following protest, Reliance Industries denies Nita Ambani's appointment at BHU

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.

Reliance to bear COVID-19 vaccination costs for employees, their families

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.

Amazon moves Supreme Court over $3.4bn Future Group-Reliance deal

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.

India's richest 100 earned Rs. 13 lakh crore since March-2020

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.

History created: Sensex breaches 50,000-mark for the first time ever

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.

Elon Musk surpasses Jeff Bezos to become world's richest person

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.

China's Zhong Shanshan replaces Mukesh Ambani as Asia's richest person

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.

Reliance set to relaunch JioPhone next year

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.

Reliance Industries tops Fortune India-500 list for second straight year

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.

Reliance Retail raises Rs. 47,265cr from sale of 10% stake

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.

Reliance buys 96% stake in Urban Ladder for Rs. 182cr

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.

RIL to invest $50mn in Bill Gates-owned Breakthrough Energy Ventures

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.

Future Group, Reliance ignore ruling to hold $3.4bn deal

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).

Jio and Qualcomm begin 5G trials, achieve 1 Gbps speed

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.

NewsBytes Briefing: Apple launching iPhone 12 on October-13, and more

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.

Reliance Retail scores Rs. 3,675cr from General Atlantic: Details here

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.

Jio appears to be blocking Twitch streams 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.

PUBG ban not likely to be revoked anytime soon: Report

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.

What does Reliance and Future Group deal mean for India

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.

NewsBytes Briefing: Epic's Unreal Engine gets legal protection, and more

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.

Chemist body opposes Reliance's acquisition of Netmeds: Here's why

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.

NewsBytes Briefing: Reliance buys Netmeds, SpaceX's biggest fund-raise, and more

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.

Reliance could buy Milkbasket, Urban Ladder in e-commerce push

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.

#WeeklyRecap: Trump's 90-day deadline for TikTok, Fortnite row, and more

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.

NewsBytes Briefing: Reliance could back TikTok's business, and more

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.

Google likely to invest $4 billion in Reliance's Jio Platforms

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.

Mukesh Ambani becomes 6th richest person in the world

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.

BJP blocks Parliament panel review of PM-CARES Fund

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.

Mukesh Ambani's Jio blatantly copied WhatsApp for JioChat

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'.

Jio Platforms scores Rs. 1,894 crore investment from Intel

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.

Jio Platforms scores another investment: $1.5bn from Saudi Arabia's PIF

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.

Ambani's Jio Platforms scores another investment: $1.2 billion from Mubadala

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.

COVID-19 outbreak: Reliance starts manufacturing 'affordable PPE' for frontline workers

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.

#WeeklyRecap: Trump targets Twitter, SpaceX-NASA historic mission, JioMart, and more

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.

Jio Platforms raises Rs. 11,367 crore from KKR: Details here

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.

Jio Platforms raises Rs. 6,598 crore from General Atlantic

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.