December 04, 2021 22:41 (IST)
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Indian cricket team to tour South Africa for ODIs and Tests amid Omicron scare | Former Andhra Pradesh CM AP Rosaiah no more | Article 370 will not be restored in Kashmir as it had no connection with peace: Amit Shah | Ajaz Patel third cricketer to pick 10 wickets in an innings, joins Jim Laker and Anil Kumble club | India record 8,603 new COVID-19 cases in past 24 hours amid Omicron scare

Reliance Industries now largest producer of medical oxygen from a single location

As India grapples with an unprecedented new wave of the Covid 19 pandemic, the nation’s largest private sector company Reliance Industries has emerged as the country’s largest producer of medical oxygen from a single location.

Big relief for Kishore Biyani-led Future Retail as Delhi HC stays March 18 order restraining deal with Reliance

New Delhi/IBNS: The Delhi High Court on Monday 'stayed' the March 18 order of Delhi High Court's single-judge bench that restrained Future Retail Ltd's (FRL) Rs 24,713 crore deal with Reliance Retail, which was objected to by US-based e-commerce giant Amazon, media reports said.

Kishore Biyani-led Future Group challenges Delhi High Court's order prohibiting deal with Reliance Retail

New Delhi/IBNS: Kishore Biyani-led Future Group has challenged the ruling of Delhi High Court's single-judge bench, upholding Singapore International Arbitration Centre's order that restrained Future Retail Ltd's (FRL) Rs 24,713 crore deal with Reliance Retail, a deal that was opposed by US-based e-commerce giant Amazon, media report said.

Big boost for Amazon as Delhi High Court halts Future-Reliance deal upholding Singapore arbitrator's order

Delhi/IBNS: The Delhi High Court has restricted Future Retail from selling its business to Reliance Retail, which was challenged by e-commerce giant Amazon, upholding the Singapore International Arbitration Centre's order, said media reports.

Reliance acquires majority equity stake in US-based skyTran Inc.

Mumbai/IBNS: Reliance Strategic Business Ventures Limited (“RSBVL”), a wholly owned subsidiary of Reliance Industries Limited, announced that it has acquired additional equity stake in its investee company skyTran Inc. (“skyTran”) for a consideration of USD 26.76 million increasing its shareholding to 54.46% on a fully diluted basis.

SC stays sale of Future Group's assets to Reliance

New Delhi/IBNS : The Supreme Court has put a hold on the regulatory approval of the sale of 's $3.4 billion retail assets of Future Group to Reliance Industries Ltd, delaying the sale which will boost Amazon.com Inc which is trying to stop the deal in a bid to grab the biggest market share in India, according to Bloomberg report..

Reliance Industries moves down by 5.36 pc to Rs 1939.70

Mumbai/UNI: Reliance Industries on Monday tumbled down by 5.36 pc to Rs 1939.70 a major loser in 30 scrips of BSE.

SEBI approves sale of Future Group's retail asset to Reliance with conditions

Mumbai/IBNS: The Securities Exchange Board of India (SEBI) has cleared the Rs 24,713 crore retail asset sale of Future Group to Mukesh Ambai-led Reliance Industries, which is being challenged by global e-commerce major Amazon.

Reliance Jio makes all domestic voice calls free again from today

Mumbai/IBNS: The Reliance Jio has once again made all domestic voice calls free from Jan 1, 2021. 

Reliance and bp announce first gas from Asia’s deepest project

Mumbai/IBNS: Reliance Industries Limited (RIL) and bp Friday announced the start of production from the R Cluster, ultra-deep-water gas field in block KG D6 off the east coast of India.

Reliance Industries to invest USD50 mn in BEV

Mumbai/UNI: Reliance Industries has entered into a definitive agreement, for making capital contribution, up to USD 50 million, in Breakthrough Energy Ventures II, L.P. (BEV), a limited partnership, newly incorporated under the Delaware State Laws, United States of America.

General Atlantic to invest Rs. 3,675 crore in Reliance Retail Ventures

Mumbai: Reliance Industries Limited and Reliance Retail Ventures Limited announced on Tuesday that General Atlantic, a leading global growth equity firm, will invest Rs. 3,675 crore into RRVL, a subsidiary of Reliance Industries.

Reliance acquires majority stake in Netmeds

Mumbai/UNI: Mukesh Ambani's Reliance Industries Limited (RIL) said that its subsidiary Reliance Retail Ventures Limited (RRVL) has acquired a majority equity stake in Vitalic Health Pvt Ltd and its subsidiaries (collectively known as Netmeds) for a cash consideration of approximately Rs 620 crore.

Reliance Power & JERA sign loan agreement for gas-fired power generation project in Bangladesh

Mumbai/UNI: ADAG group company Reliance Power Limited and JERA Co., Inc. (JERA), through their project company, are developing a new gas-fired power generation project in Bangladesh.

Google to invest Rs. 33,737 crore in Jio platforms for a 7.73% stake

Mumbai/IBNS: Reliance Industries Limited, Jio Platforms Limited and Google LLC on Wednesday announced the signing of binding agreements for an investment of Rs. 33,737 crore by Google into Jio Platforms.