Reliance Industries: News
05 Mar 2021Nita Ambani
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 2021Supreme Court Of India
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 2021Sensex
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.
31 Dec 2020Mukesh Ambani
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 2020Reliance
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 2020Indian Oil Corporation Limited
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 2020Mukesh Ambani
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 2020Flipkart
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 2020Mukesh Ambani
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 2020Singapore
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 2020Google
NewsBytes Briefing: Apple launching iPhone 12 on October-13, and more
Last night, Apple sent out invites for a 'Hi, Speed' event.
30 Sep 2020Mukesh Ambani
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 2020Reliance
Jio appears to be blocking Twitch streams in India
Telecom giant Reliance Jio appears to be blocking Twitch streams in India.
30 Aug 2020Mukesh Ambani
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.
20 Aug 2020Mukesh Ambani
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 2020Mukesh Ambani
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 2020Mukesh Ambani
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.
13 Aug 2020Uber
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 2020Google
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 2020Mukesh Ambani
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 2020Parliament
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 2020Mukesh Ambani
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 2020Mukesh Ambani
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 2020Mukesh Ambani
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 2020Reliance
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 2020Reliance
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.
22 May 2020Mukesh Ambani
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 2020Reliance
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 2020Reuters
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 2020Facebook
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 2020Mukesh Ambani
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 2020Mukesh Ambani
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.
01 May 2020Mukesh Ambani
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.
27 Apr 2020Navi Mumbai
Reliance's JioMart goes live on WhatsApp: Details here
In a bid to simplify the process of buying groceries and daily essentials, Reliance Industries Limited (RIL) has launched its JioMart service on WhatsApp.
22 Apr 2020Facebook
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.
16 Apr 2020Facebook
Reliance and Facebook could team up for WeChat-like "super app"
Social media giant Facebook and Mukesh Ambani-led Reliance Industries Limited (RIL) could soon team up for a WeChat-like "super app".
13 Apr 2020Google
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.
02 Apr 2020Reliance
Amid lockdown, JioPhone users get validity extension, free calling minutes
Reliance Jio is pulling out all the stops to help its customers amid the ongoing 21-day lockdown imposed in India to contain the coronavirus.
30 Mar 2020Mukesh Ambani
#Coronavirus: Reliance Industries commits Rs. 500 crore to PM-CARES Fund
Reliance Industries Limited has committed Rs. 500 crore to PM's Citizen Assistance and Relief in Emergency Situations (PM-CARES) Fund to help the nation combat COVID-19 as the deadly novel coronavirus continues to wreak havoc across the country and the globe.
28 Mar 2020Maruti Suzuki
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.