Reliance Industries Limited, GE announce signing of global partnership agreement in IIOT

Mumbai, Nov 19 (IBNS): Reliance Industries Limited and GE has announced the signing of a global partnership agreement in the Industrial IOT (IIOT) space whereby RIL and GE will work together to build out joint applications on GE’s Predix platform.

RJIL issues Rs 2,000 crore 5-year NCDs

Mumbai, Jul 7 (IBNS): Reliance Jio Infocomm Limited (RJIL), a subsidiary of Reliance Industries Limited (RIL) and the first telecom operator to hold pan India Unified License, on Thursday, issued Rs 2,000 crore of 5-year Non-Convertible Debentures (NCDs), bearing a coupon of 8.32% per annum, payable annually.

RIL announces to sell $32 mn stake in unit Network18

Mumbai, July 6 (IBNS): Reliance Industries Limited (RIL) on Monday announced that it is proposing to sell 3.25 crore shares of Network18 Media & Investments Limited (NW18) NW18) to bring down the aggregate shareholding of the promoter and promoter group to 75% and increase the public shareholding to 25% as mandated by Clause 40A of the listing agreement pursuant to Securities Contract (Regulation) Rules, 1957.

RIL signs loan co-financed by JBIC

Mumbai, Apr 23 (IBNS): Reliance Industries Limited (RIL) in continuation of the fundraising programme initiated in FY 2012-13, recently tied up Export Credit Agency (ECA) facility of up to USD 550 million co-financed by the Japan Bank for International Cooperation (JBIC) and a group of other Japanese banks backed by Nippon Export and Investment Insurance (NEXI).