July 09, 2020 20:48 (IST)
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Cabinet passes extending PM Garib Kalyan Anna Yojana till November | West Bengal COVID-19 Lockdown: German Consulate says it will restrict office presence to the lowest | 'Communist China terrorist': Tibetan cycle rally against Beijing cheers for India | J&K HC Srinagar wing closed for 2 days after some CRPF personnel test positive for COVID-19 | India adds 22,752 new Covid-19 cases, 482 deaths in 24 hours

Public Investment Fund to invest Rs. 11367 crore in Jio Platforms

Mumbai/IBNS: Reliance Industries Limited and Jio Platforms Limited, India’s leading digital services platform, on Friday announced an investment of Rs. 11,367 crore by The Public Investment Fund (“PIF”).

After Facebook deal, Mukesh Ambani becomes Asia's richest person again

Mumbai/IBNS: Indian businessman Mukesh Ambani pipped China's Jack Ma to once again become Asia's richest person after striking a deal with Mark Zuckerberg's Facebook Inc. a day ago, media reports said. 

Facebook buys 9.99 percent stake in Reliance Jio

New York/IBNS:  In what is seen as the largest Foreign Direct Investment ( FDI) in the Indian tech sector, social media giant Facebook will buy 9.99 percent stake in Reliance Industries led Jio Platforms.

Reliance Industries to set up wholly-owned subsidiary for digital platform initiatives

Mumbai/IBNS: The Board of Directors of Mukesh Ambani-led Reliance Industries Limited (RIL) on Friday approved the formation of a wholly-owned subsidiary (“WOS”) for Digital Platform initiatives and investment of Rs. 1,08,000 crore in the WOS through Optionally Convertible Preference Shares (OCPS).

Shiv Nadar tops EdelGive Hurun India Philanthropy List 2019, Azim Premji and Mukesh Ambani follow

Kolkata: EdelGive Foundation and Hurun Report India on Monday unveiled the sixth edition of ‘EdelGive Hurun India Philanthropy List 2019’. 

Mukesh Ambani tops IIFL Wealth-Hurun India Rich List 8th year in a row

Kolkata: Mukesh Ambani, the chairman of India’s second-most valued firm Reliance Industries, continued to top the ‘IIFL Wealth Hurun India Rich List 2019’ for the eighth consecutive year, with a total net worth of Rs. 380,700 crores.

Jio Fiber services to start on commercial basis from September this year, says Muksesh Ambani at RIL's AGM

Mumbai, Aug 12 (IBNS): Reliance Industries Limited’s (RIL’s) Chairman & Managing Director Mukesh D Ambani, while addressing shareholders at the 42nd Annual General Meeting (Post – IPO) of the company in Mumbai, said that the year ended March 31, 2019 was a year of robust performance.

Jio and Microsoft announce alliance to accelerate digital transformation in India

Kolkata, Aug 12 (IBNS): Reliance Jio Infocomm Limited (Jio), a subsidiary of Reliance Industries Limited, and Microsoft Corp. are embarking on a unique, comprehensive, long-term strategic relationship aimed at accelerating the digital transformation of the Indian economy and society.

Mukesh Ambani saves brother Anil from jail by paying up Ericsson dues

Mumbai, Mar 19 (IBNS): After years of strenuous relationship, businessman Mukesh Ambani helped his brother Anil Ambani to pay up dues to Ericsson, saving the latter from going to jail, media reports said.

Mamata Banerjee inaugurates 5th BGBS, Reliance to invest over 1 billion in Bengal

Kolkata, Feb 7 (IBNS): Reliance Industries owner Mukesh Ambani has promised to invest over Rs. 1 billion in West Bengal as Chief Minister Mamata Banerjee inaugurated the fifth edition of Bengal Global Business Summit (BGBS) at Biswa Bangla Convention Centre here on Thursday.

Mukesh Ambani's RIL's Q2 profit rises 17 pct

Mumbai, Oct 17 (IBNS):  Oil-to-telecom giant Reliance Industries on Wednesday said it has registered a  17.35 percent year-on-year (YoY) rise in its net profit which stood at  Rs 9,516 crore.

Reliance Industries Q1 profit rises to record Rs 9,459

Mumbai, July 27 (IBNS):  Propelled by its petrochemicals and consumer businesses, conglomerate company Reliance Industries has recorded an increase in its first quarter profit of 2018-2019 fiscal year to Rs. 9,459.

Mukesh Ambani announces Jio GigaFiber launch in 1,100 cities, Jio Phones to get WhatsApp

Mumbai, July 5 (IBNS): Mukesh Ambani on Thursday announced the launch of Jio GigaFiber FTTH broadband service in 1,100 cities of India.

Mukesh Ambani's daughter Isha to marry business tycoon Ajay Piramal's son Anand

Mumbai, May 7 (IBNS): Reliance Industries Limited (RIL) chairman Mukesh Ambani's daughter Isha will tie the knot with business tycoon Ajay Piramal's son Anand, media reports said.

Reliance Industries Chairman Mukesh Ambani accepts the ‘Drivers of Change’ Award at the London Ceremony

Mumbai / London, Mar 16 (IBNS): Recognized for their innovation and bringing transformational change to India, Reliance Industries Limited (RIL), a leading provider of energy, petrochemicals, textiles, retail, telecommunications and digital services, was presented with the ‘Drivers of Change’ award at the Financial Times ArcelorMittal Boldness in Business Awards, in a ceremony that took place in London last night.