Reliance Industries: News

05 Mar 2021

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NewsBytes Briefing: Reliance is gunning for low-cost laptops, and more

After upending the telecom space with Jio, Reliance has now got its sights on the laptop segment. Like the JioPhone, the Indian conglomerate is rumored to be working on an Android-based low-cost laptop dubbed the JioBook.

05 Mar 2021

Nita 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.

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

Sensex

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.

18 Jan 2021

WhatsApp

Soon, Reliance may let you order groceries from WhatsApp

Mukesh Ambani-led Reliance Retail Ltd. is reportedly working toward embedding JioMart into WhatsApp within the next six months. The move will allow 400-million Indian WhatsApp users to address their grocery needs from neighboring outlets through Ambani's hyperlocal e-commerce platform.

31 Dec 2020

Mukesh 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.

29 Dec 2020

Mukesh Ambani

Farmers protest: Over 1,500 mobile towers damaged, Captain issues warning

The agitation of Farmers took a pernicious turn when protesters started damaging mobile towers to register an objection against Reliance Jio, owned by business tycoon Mukesh Ambani.

23 Dec 2020

Reliance Jio

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

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

Mukesh 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 2020

Flipkart

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

Mukesh 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 2020

Singapore

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

Google

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

Mukesh 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 2020

Reliance Jio

Jio appears to be blocking Twitch streams in India

Telecom giant Reliance Jio appears to be blocking Twitch streams in India.

30 Aug 2020

Mukesh 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 2020

Mukesh 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 2020

Mukesh Ambani

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

In the last few hours, renowned tech giants took major strides.

19 Aug 2020

Reliance Jio

Now, JioPhone users can make UPI payments: Here's how

In the wake of the novel coronavirus pandemic, millions of Indians, including small business owners, have started transacting digitally.

17 Aug 2020

Mukesh 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 2020

Uber

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.

15 Jul 2020

Mukesh Ambani

Is Reliance's new 'Jio Glass' worth the hype?

During Reliance's first 'virtual' Annual General Meeting, Mukesh Ambani, the Chairman of the conglomerate, shared a lot about his oil-to-telecom businesses.

15 Jul 2020

Mukesh Ambani

Reliance AGM: Google invests Rs. 33,737cr; Jio Glass; 5G plans

Google will be investing Rs. 33,737 crore ($4.5 billion) in Reliance Industries' telecom-to-digital entity Jio Platforms.

14 Jul 2020

Google

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

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

Parliament

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

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'.

05 Jul 2020

Google

#WeeklyRecap: India bans Chinese apps, JioMeet launches, Gmail suffers outage

This week, a number of developments were noted in the world of tech, but the story that drew the most attention was the ban imposed by India on 59 Chinese apps.

03 Jul 2020

Mukesh Ambani

JioMeet, Reliance's free Zoom rival, is now available in India

After a nearly three-month-long fundraising spree, Mukesh Ambani's telecom-to-digital entity Reliance Jio Platforms is expanding its footprint to step into the arena of video-conferencing.