Reliance to invest Rs 3 lakh cr in Gujarat in next 10 years: Ambani
5 years, 11 months ago

Reliance to invest Rs 3 lakh cr in Gujarat in next 10 years: Ambani

Deccan Chronicle  

Gandhinagar: India's richest person Mukesh Ambani on Friday committed to invest Rs 3 lakh crore in various projects in the next 10 years in Gujarat, that may range from energy and petrochemical to new technology and digital business. Ambani said, while Jio's network is now fully 5G ready, the telecom arm and the retail division will launch a new commerce platform to connect small retailers and shopkeepers with customers. Without giving timelines, he said Jio and Reliance Retail, which has over 9,000 stores across the country, will launch "a unique new commerce platform to empower and enrich our 12 lakh small retailers and shopkeepers in Gujarat – which are part of over 3 crore community in India." "As the world moves towards electrical vehicles, Reliance will use hydrocarbons less for fuel and more for producing high-value new materials with a wide range of uses in society," he said adding the oil to chemicals strategy will greatly boost exports and create employment.

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History of this topic

Isha Ambani Charts Out Expansion Plans For Reliance Retail's Food, Grocery Business
4 months, 2 weeks ago

Isha Ambani Charts Out Expansion Plans For Reliance Retail's Food, Grocery Business

News 18  

Reliance AGM 2024: Isha Ambani, the Director of Reliance Retail Ventures Limited, shared the latest updates and plans for the retail business. Talking about plans for Reliance Retail during the 47th AGM of Reliance Industries on August 29, Isha Ambani said that the business is establishing 7-Eleven stores as a leading 24×7 convenience destination, offering localised fresh food and beverages …

Ambanis: Asia’s richest family’s wealth is 10% of India’s GDP
5 months ago

Ambanis: Asia’s richest family’s wealth is 10% of India’s GDP

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Mukesh Ambani’s 29-year-old son Anant’s over-the-top wedding festivities started …

Ambani wedding: Inside the lavish, star-studded wedding of Asia’s richest man’s son
6 months ago

Ambani wedding: Inside the lavish, star-studded wedding of Asia’s richest man’s son

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Anant Ambani, son of Mukesh Ambani, married Radhika Merchant …

Jio Financial Services hits ₹2 lakh crore market cap, a 1st: What's happening
10 months, 3 weeks ago

Jio Financial Services hits ₹2 lakh crore market cap, a 1st: What's happening

Hindustan Times  

Jio Financial Services share: In a first, Jio Financial Services Ltd's market capitalisation exceeded ₹2 lakh crore driven by a 35 per cent surge in its share price this year while Reliance Industries hit a record high today. Reliance Industries is leading the list with a market cap of ₹20.05 lakh crore, followed by Tata Consultancy Services ₹14.78 lakh crore …

Mukesh Ambani-led Reliance Industries achieves market cap of ₹20 lakh crore
11 months ago

Mukesh Ambani-led Reliance Industries achieves market cap of ₹20 lakh crore

Hindustan Times  

Mukesh Ambani-led Reliance Industries Limited became the first Indian company to achieve a market capitalisation of ₹20 lakh crore. Mukesh Ambani, chairman of Reliance Industries Limited, The market valuation of the company surged to ₹20,01,279.72 crore during the intra-day session and at close, the market capitalisation stood at ₹19,81,635.72 crore. On the NSE, shares of Reliance Industries rose nearly 1.89 …

Reliance share price at record high: What exactly is happening and why
11 months, 2 weeks ago

Reliance share price at record high: What exactly is happening and why

Hindustan Times  

Shares of Reliance Industries are trading at a record high today which has led to the stock crossing market capitalisation of ₹19 lakh crore for the first time. Reliance Share Price: Reliance Industries Chairman, and Managing Director Mukesh Ambani. With its market capitalisation crossing ₹19 lakh crore, Reliance Industries is the most valued company in the Indian stock market. This …

Mukesh Ambani rejoins $100 billion club as Reliance stock surges record 2.6%
1 year ago

Mukesh Ambani rejoins $100 billion club as Reliance stock surges record 2.6%

Live Mint  

Mukesh Ambani is once again a centibillionaire. The richest person in India — and in Asia — saw his wealth climb $2.8 billion to $101.8 billion Thursday, as shares of his flagship, Reliance Industries Ltd., rose 2.6% to close at a record high. The listing last year of Reliance’s financial services unit, Jio Financial Services Ltd., helped to broaden the …

Gautam Adani fortune tanked ₹3 lakh crore in 2023. How Mukesh Ambani fared?
1 year ago

Gautam Adani fortune tanked ₹3 lakh crore in 2023. How Mukesh Ambani fared?

Hindustan Times  

Gautam Adani's fortune saw a significant decline of $37.3 billion, reaching $83.2 billion, marking a 31 per cent decrease, according to Bloomberg Billionaires Index. The chairman of Reliance Industries has a fortune standing at $97.1 billion, reflecting a notable increase of $9.98 billion, registering 11.5 per cent growth in 2023. Tech billionaires witnessed a 48 per cent increase in their …

RIL Eyeing Digital Data Platforms, AI Adoption
1 year ago

RIL Eyeing Digital Data Platforms, AI Adoption

Deccan Chronicle  

New Delhi: As artificial intelligence is gradually getting a prominent shape in global businesses’ space, billionaire Mukesh Ambani, chairman and managing director at Reliance Industries, said that Reliance is now aiming to consolidate a place among global leaders in digital data platforms and artificial intelligence adoption. The Ambani further said that as India races ahead to become the world’s third …

Bengal receives worth Rs 3.76 lakh crore investment proposals at business summit
1 year, 1 month ago

Bengal receives worth Rs 3.76 lakh crore investment proposals at business summit

India TV News  

West Bengal has received investment proposals worth over Rs 3.76 lakh crore during the business summit that concluded today, informed Chief Minister Mamata Banerjee. Reliance to invest additional Rs 20,000-crore investment in Bengal Yesterday, Reliance Industries Chairman and MD Mukesh Ambani announced an additional Rs 20,000-crore investment for West Bengal over the next three years. We plan to invest an …

RIL invested ₹45,000 crore in West Bengal, additional Rs. 20,000 crore planned
1 year, 1 month ago

RIL invested ₹45,000 crore in West Bengal, additional Rs. 20,000 crore planned

Live Mint  

Reliance Industries has invested ₹45,000 crore in West Bengal and is further planning to invest additional Rs. 20,000 crore in the next three years, chairman Mukesh Ambani said at the 7th Edition of Bengal Global Business Summit in Kolkata. Ambani further said that Reliance Retail will also expand the number of retail stores from 1000 to 1200 within next two …

'Reliance Industries will invest additional Rs 20,000 cr in West Bengal in three years', says Mukesh Ambani
1 year, 1 month ago

'Reliance Industries will invest additional Rs 20,000 cr in West Bengal in three years', says Mukesh Ambani

India TV News  

Reliance Industries chairman and MD Mukesh Ambani has announced that an additional Rs 20,000 crore will be invested in West Bengal in the next three years. "We plan to invest an additional Rs 20,000 crore in Bengal in the next three years for enhancing digital life solutions, augmenting Reliance Retail footprint and on bio-energy," he said at the Bengal Global …

Forbes India rich list: Mukesh Ambani back as No 1, Adani drops as Polycab’s Jaisinghani gains
1 year, 3 months ago

Forbes India rich list: Mukesh Ambani back as No 1, Adani drops as Polycab’s Jaisinghani gains

Hindustan Times  

Reliance chairperson Mukesh Ambani has reclaimed the top spot on the Forbes list of 100 richest Indians this year. The magazine estimated Mukesh Ambani's net worth to be $92 billion. The net worth of Gautam Adani, who had surpassed Ambani last year to be the richest Indian, plummeted by a whopping $82 billion to $68 billion because of the Hindenburg …

Reliance contributes Rs 25 crore to Uttarakhand for post-flood recovery & development
1 year, 4 months ago

Reliance contributes Rs 25 crore to Uttarakhand for post-flood recovery & development

Firstpost  

The contribution was made by Reliance Director Anant Ambani on behalf of the company to the Mukhya Mantri Rahat Kosh, or the Chief Minister’s Relief Fund Reliance, through Anant Ambani, has contributed Rs 25 crore to the Uttarakhand’s Chief Minister Relief Fund to help rebuild lives affected by floods this year in the Himalayan state. In a letter to Uttarakhand …

Mukesh Ambani’s Reliance Retail in talks to raise $2.5 billion: Report
1 year, 4 months ago

Mukesh Ambani’s Reliance Retail in talks to raise $2.5 billion: Report

Live Mint  

Indian billionaire Mukesh Ambani's Reliance Retail Ventures is in advanced talks with global investors to raise around $2.5 billion by the end of September, ahead of a potential stock market listing, people familiar with the matter told Reuters. Three sources said the target fund raise of $2.5 billion is part of a combined $3.5 billion target the firm has set …

RIL AGM 2023: Mukesh Ambani lists 5 goals that will fulfil dreams of 1.4 billion Indians
1 year, 4 months ago

RIL AGM 2023: Mukesh Ambani lists 5 goals that will fulfil dreams of 1.4 billion Indians

Firstpost  

At the 46th RIL AGM, Mukesh Ambani called the new Reliance ‘a new-age technology company. Today, we are a producer, deployer and democratiser of technology’ Mukesh Ambani, Chairman and Managing Director of Reliance Industries, on Monday listed out five goals that will fulfil the dreams of all 1.4 billion Indian. Speaking about his futuristic plans at the Reliance Industries Limited’s …

Ambani Scions Made Reliance Board Members
1 year, 4 months ago

Ambani Scions Made Reliance Board Members

Deccan Chronicle  

The Reliance Industries Limited held its 46th Annual General Meeting for its shareholders on Monday. Changes in Reliance Board Nita Ambani stepped down from the Board of Directors of Reliance Industries Limited, making way for children Isha, Akash and Anant to become the non-executive directors on the RIL Board. Key Takeaways Jio Financial Services was mini bonus for long-term RIL …

RIL 46th AGM: Ambani scions to join Reliance board
1 year, 4 months ago

RIL 46th AGM: Ambani scions to join Reliance board

Live Mint  

On the 46th RIL AGM, Reliance Industries Ltd appointed Isha Ambani, Akash Ambani, and Anant Ambani as directors to the board of the oil-to-telecoms conglomerate. In an exchange filing, RIL informed shareholders on Monday, "The Board of Directors of RIL, at its meeting held today, on the recommendation of the Human Resources, Nomination and Remuneration Committee, considered and recommended to …

RIL AGM 2023: Reliance added 2.6 lakh jobs in FY23, says Mukesh Ambani
1 year, 4 months ago

RIL AGM 2023: Reliance added 2.6 lakh jobs in FY23, says Mukesh Ambani

Live Mint  

RIL AGM 2023: Reliance Industries Limited Chairman Mukesh Ambani, stated that Reliance had created 2.6 lakh new employment in the previous year. Reliance Industries has cumulatively invested more than $150 billion in the last 10 years, said Chairman Mukesh Ambani. Reliance Industries Chairman Mukesh Ambani congratulated all the scientists of ISRO on the success of the Chandrayaan 3 mission. The …

Reliance seeks shareholder nod to appoint Mukesh Ambani as head for 5 more years
1 year, 5 months ago

Reliance seeks shareholder nod to appoint Mukesh Ambani as head for 5 more years

Hindustan Times  

Reliance Industries Ltd, India's most valuable company, has sought shareholder's approval to give Mukesh Ambani another five-year term as chairman and managing director of the company till 2029 -- a period during which he has opted to draw nil salary. In the special resolution posted to shareholders, Reliance said its Board of Directors on July 21, 2023 approved "re-appointed Mukesh …

Reliance seeks shareholder nod to appoint Mukesh Ambani as head for another 5 years at nil salary
1 year, 5 months ago

Reliance seeks shareholder nod to appoint Mukesh Ambani as head for another 5 years at nil salary

The Hindu  

Reliance Industries Ltd, India's most valuable company, has sought shareholder's approval to give Mukesh Ambani another five-year term as chairman and managing director of the company till 2029 — a period during which he has opted to draw nil salary. In a special resolution, Reliance sought the nod of shareholders to appoint Mr. Ambani as the head of the company …

Modi Gujarat visit: 'Our education system is transforming and...', PM Modi in Gandhinagar
1 year, 8 months ago

Modi Gujarat visit: 'Our education system is transforming and...', PM Modi in Gandhinagar

India TV News  

PM Modi Gujarat visit : Prime Minister Narendra Modi, who is on a visit to Gujarat, spoke about the education system of the country to the public at Akhil Bhartiya Shiksha Sangh Adhiveshan in Gandhinagar. He will inaugurate and lay the foundation stone of various projects worth around Rs 4,400 crores at 12 noon in Gandhinagar," the statement by the …

Reliance Industries' Q4 profit sees 18% year-on-year jump at ₹21,327 crore
1 year, 8 months ago

Reliance Industries' Q4 profit sees 18% year-on-year jump at ₹21,327 crore

Hindustan Times  

Reliance Industries has posted an 18.3 per cent jump in its profit after tax to ₹21,327 crore for the quarter ended March 31, 2023, against ₹18,021 crore in the year-ago period. The company said it achieved a record annual consolidated profit after tax at ₹74,088 crore in FY23 against ₹65,009 crore in FY22, which is up 14 per cent year-on-year. …

James Murdoch's Bodhi Tree cuts planned investment in Reliance JV
1 year, 9 months ago

James Murdoch's Bodhi Tree cuts planned investment in Reliance JV

Hindustan Times  

Bodhi Tree, a joint venture between James Murdoch and a former Star India executive, has reduced its planned investment in Reliance's broadcast venture Viacom18 by 70% and will now pump in 43.06 billion rupees, Viacom18 said late on Thursday. Indian billionaire Mukesh Ambani's Reliance Industries had said in April last year that Qatar Investment Authority-backed Bodhi Tree would spend 135 …

Reliance to invest ₹75,000 crore in Uttar Pradesh in 4 years: Mukesh Ambani
1 year, 11 months ago

Reliance to invest ₹75,000 crore in Uttar Pradesh in 4 years: Mukesh Ambani

The Hindu  

Reliance Industries Ltd will invest ₹75,000 crore in rolling out 5G mobile telephone services, expanding retail network and setting up renewable energy capacity in Uttar Pradesh in the next four years, its chairman Mukesh Ambani said on February 10. Speaking at the Uttar Pradesh Global Investors Summit 2023 here, Mr. Ambani said his group will set up 10 GigaWatts of …

Jio to complete 5G rollout across UP by Dec: Mukesh Ambani at investors' summit
1 year, 11 months ago

Jio to complete 5G rollout across UP by Dec: Mukesh Ambani at investors' summit

Hindustan Times  

Reliance Industries Limited managing director Mukesh Ambani on Friday announced Jio will complete its rollout of G to cover every town and village in Uttar Pradesh in 10 months -- by December 2023. Reliance Retail will revolutionise thousands of kiranas in the state," Ambani said enumerating Reliance's commitment to Uttar Pradesh at the Global Investors' Summit 2023 in Lucknow. Reliance …

After telecom and retail, what is Mukesh Ambani’s next big plan?
2 years ago

After telecom and retail, what is Mukesh Ambani’s next big plan?

Live Mint  

Mukesh Ambani, the billionaire chairman of Reliance Industries Ltd., will be focusing his attention on the Indian conglomerate’s pivot to green energy, according to people familiar with the matter, after putting his children in charge of other businesses. Asia’s second-richest man is known for his single-minded focus on key pursuits: In the 1990s he lived for months in shipping containers …

‘$40 trillion economy by 2047’: Mukesh Ambani says India a ‘shining spot’
2 years ago

‘$40 trillion economy by 2047’: Mukesh Ambani says India a ‘shining spot’

Hindustan Times  

India can become a $40 trillion economy by 2047 when it will mark the centenary of independence, Reliance Industries' chairman Mukesh Ambani said at his father Dhirubhai Ambani's birth anniversary, also celebrated as Reliance Family Day. Mukesh Ambani speaking at Dhirubhai Ambani's birth anniversary, also celebrated as Reliance Family Day. Read| Ambani's ‘target setup’ for his 3 children in succession …

Mukesh Ambani completes 20 years at helm of Reliance
2 years ago

Mukesh Ambani completes 20 years at helm of Reliance

The Hindu  

Mukesh Ambani, who took over the reins of Reliance Industries Ltd after the sudden demise of his legendary industrialist father Dhirubhai Ambani, completes 20 years at the helm during which the company saw a 17-fold jump in revenues, 20-times surge in profit and has become a global conglomerate. In 20 years that Stanford University-drop out Mr. Mukesh, 65, has been …

With Mukesh Ambani as chairman for 20 yrs, Reliance....
2 years ago

With Mukesh Ambani as chairman for 20 yrs, Reliance....

Hindustan Times  

Reliance Industries Chairman and Managing Director Mukesh Ambani has completed two decades at the helm of Reliance Industries in 2022. Among the several achievements, RIL's market capitalisation grew at an annualised rate of 20.6 per cent in the last 20 years from ₹41,989 crore in March 2002 to ₹17,81,841 crore in March 2022. Reliance's total assets grew at an annualised …

RIL Buying US-Based Software Firm SenseHawk for Rs 255 Crore
2 years, 4 months ago

RIL Buying US-Based Software Firm SenseHawk for Rs 255 Crore

News 18  

Reliance Industries Ltd has signed definitive agreements to acquire a 79.4 per cent stake in California-based solar energy management software developer SenseHawk Inc for a total transaction value of $32 million, including funding for future growth, commercial rollout of products, and R&D, according to a statement. “SenseHawk, along with RIL’s other investments in New Energy, will be synergistic and create …

Mukesh Ambani prepares to hand a $220 billion empire to his children
2 years, 4 months ago

Mukesh Ambani prepares to hand a $220 billion empire to his children

CNN  

New Delhi CNN Business — Indian billionaire Mukesh Ambani has laid out plans to hand his sprawling business empire to his children, while insisting he has no intention of retiring any time soon. Ambani, 65, set out his succession plan on Monday, telling shareholders in his Reliance Industries conglomerate that his three children are “first among equals” and are being …

RIL AGM 2022: Reliance Plans to Accelerate Rs 75,000-Crore Investment in New Energy, Says Mukesh Ambani
2 years, 4 months ago

RIL AGM 2022: Reliance Plans to Accelerate Rs 75,000-Crore Investment in New Energy, Says Mukesh Ambani

News 18  

RIL AGM 2022: Reliance Industries Chairman Mukesh Ambani on Monday said the company will establish 20 gigawatts of solar energy generation capacity by 2025 and 100 GW by 2030. Addressing the company’s 45th annual general meeting, RIL Chairman Mukesh Ambani said, “Reliance’s captive energy requirement across businesses provides us with a large base-load demand to support our plans to set …

Rakesh Jhunjhunwala Leaves Behind Rs 32,000-Cr Shareholding: Big Bull Portfolio Attracts Attention
2 years, 4 months ago

Rakesh Jhunjhunwala Leaves Behind Rs 32,000-Cr Shareholding: Big Bull Portfolio Attracts Attention

News 18  

Rakesh Jhunjhunwala held a networth of about Rs 32,000 crore with shareholding in about 32 companies. He has 17.49 per cent shareholding in Star Health and Allied Insurance Company, 14.43 per cent in Metro Brands, 12.62 per cent in NCC, 10.03 per cent in Nazara Technologies, 9.81 per cent in Rallis India, 8.48 per cent in Bilcare, 8.22 per cent …

Jio Institute born out of a dream I shared with Mukesh to redefine higher education in India, says Nita Ambani
2 years, 5 months ago

Jio Institute born out of a dream I shared with Mukesh to redefine higher education in India, says Nita Ambani

Firstpost  

Jio Institute, located in Navi Mumbai, will start its academic session from Thursday with two courses and 120 students New Delhi: The Jio Institute, a multi-disciplinary higher education centre, is set to welcome its first batch of students for the first academic session to begin from 21 July. Speaking on the occasion, Nita Ambani, wife of Mukesh Ambani, chairman and …

Ambani charts succession plan; hands over telecom business reins to son Akash
2 years, 6 months ago

Ambani charts succession plan; hands over telecom business reins to son Akash

The Hindu  

In the first clear signs of a succession plan being charted out at India's most valuable company, billionaire Mukesh Ambani resigned from the board of his $217 billion group's telecom arm, Reliance Jio, and handed over the firm's reins to elder son Akash. In a stock exchange filing, Reliance Jio Infocomm Ltd on Tuesday said the company's board at a …

20 to 30 Companies in Energy, Tech Space to Grow as Big as Reliance in 10-20 Years: Mukesh Ambani
2 years, 10 months ago

20 to 30 Companies in Energy, Tech Space to Grow as Big as Reliance in 10-20 Years: Mukesh Ambani

News 18  

Mukesh Ambani, chairman and managing director of Reliance Industries Limited, batted for young entrepreneurs to make India a superpower in green energy. Ambani predicted that there will be 20 to 30 new Indian companies in the energy and tech space that will grow as big as Reliance, if not bigger, in the next 10-20 years. Similarly, India’s clean and green …

Ambani eyes $3 billion equity raise for green power
2 years, 11 months ago

Ambani eyes $3 billion equity raise for green power

Live Mint  

MUMBAI : Reliance Industries Ltd has initiated talks with global investors to raise as much as $3 billion in equity to fuel its ambitious plans for the renewable energy business, said two people directly aware of the matter. Reliance Industries’ plans echo those of other global oil firms such as Royal Dutch Shell, Eni Spa and BP Plc, who have …

44th AGM of RIL: Reliance Industries' contribution to Indian economy remains unmatched, says Mukesh Ambani
3 years, 6 months ago

44th AGM of RIL: Reliance Industries' contribution to Indian economy remains unmatched, says Mukesh Ambani

Firstpost  

44th AGM of RIL: Reliance Industries raised $44.4 billion, the largest-ever capital raised by any company in a year globally, says Mukesh Ambani Reliance Industries Limited chairman Mukesh Ambani while addressing the 44th AGM of the company on Thursday said that even in a challenging environment, the company’s performance continued to be outstanding. As India’s largest enterprise, RIL’s contribution to …

After record fund raising, Mukesh Ambani says Reliance now has strong balance sheet to support growth
3 years, 7 months ago

After record fund raising, Mukesh Ambani says Reliance now has strong balance sheet to support growth

India TV News  

After record fund raising, Reliance Industries Ltd now has a strong balance sheet with high liquidity that will support growth plans for its three hyper-growth engines, Jio, Retail and Oil-to-Chemicals, according to the firm's Chairman and Managing Director Mukesh Ambani. In the company's latest annual report released on Wednesday, he said the company sold minority stakes in Jio Platforms -- …

Mukesh Ambani Is World’s 11th Richest Billionaire, Tesla CEO Elon Musk Tops List
3 years, 11 months ago

Mukesh Ambani Is World’s 11th Richest Billionaire, Tesla CEO Elon Musk Tops List

ABP News  

New Delhi: With a total net worth of $79.2 billion, Reliance Industries Ltd chairman Mukesh Ambani is now the world’s 11th richest person. The Reliance Industries Ltd chairman, who surpassed Oracle Corporation Co-founder Larry Ellison and world's richest woman Francoise Bettencourt Meyers, is the only Indian to feature in the list of top 36 richest billionaires. Earlier on Friday, Reliance …

Indian billionaire Mukesh Ambani may hold the winning ticket in tech and Silicon Valley knows it
3 years, 11 months ago

Indian billionaire Mukesh Ambani may hold the winning ticket in tech and Silicon Valley knows it

CNN  

Mukesh Ambani has spent years trying to turn hisinherited oil businessinto a tech empire. He’s doing that with JioMart, an initiative announced in 2019 to bring online thousands of India’s mom-and-pop stores known as “kiranas.” And Reliance Retail recently acquired one of its biggest Indian rivals, Future Retail, for $3.3 billion — a deal that has kicked off a protracted …

As ADIA Joins the Spree with Rs 5,512.5 Cr Investment, Here's How RIL Achieved Eight Deals in Four Weeks
4 years, 3 months ago

As ADIA Joins the Spree with Rs 5,512.5 Cr Investment, Here's How RIL Achieved Eight Deals in Four Weeks

News 18  

Abu Dhabi Investment Authority will invest Rs 5,512.5 crore in Mukesh Ambani-controlled Reliance Industries into its retail division, the latest in a string of such investments in recent weeks. “With this investment, RRVL has raised Rs 37,710 crore from leading global investors including Silver Lake, KKR, General Atlantic, Mubadala, GIC, TPG and ADIA in less than four weeks,” the statement …

Abu Dhabi State Fund Mubadala to Invest Rs 6,247.5 Crore in Reliance Retail for 1.4% Stake
4 years, 3 months ago

Abu Dhabi State Fund Mubadala to Invest Rs 6,247.5 Crore in Reliance Retail for 1.4% Stake

News 18  

Abu Dhabi state fund Mubadala Investment Co will invest Rs 6,247.5 crore to secure 1.4 percent in the retail unit of Reliance Industries as investor interest in the Indian company surges. This latest investment — with Silver Lake’s co-investors and General Atlantic, the fifth in three weeks — values Reliance Retail at a pre-money equity value of Rs 4.285 lakh …

Mukesh Ambani, Richest, Reliance top 50 valued companies, net worth list, forbes billionaires – India TV
4 years, 5 months ago

Mukesh Ambani, Richest, Reliance top 50 valued companies, net worth list, forbes billionaires – India TV

India TV News  

Mukesh Ambani has good news coming his way almost every day it seems. Just a day after he became 5th richest man in the world, Reliance Industries Limited broke into 50 most valued companies in the world. On Wednesday Mukesh Ambani became world 5th richest person. Reliance breaking into the top 50 most valued companies list is certainly good news …

Mukesh Ambani becomes the 5th richest man in the world
4 years, 5 months ago

Mukesh Ambani becomes the 5th richest man in the world

Op India  

Reliance Industries chairperson Mukesh Ambani has become the fifth richest man in the world with a net worth of Rs 5.702 lakh crore, according to Forbes. With the shares of the oil-to-telecom conglomerate Reliance Industries hit an all-time high of Rs 2,010 per share on July 22, billionaire Mukesh Ambani added $2.9 billion to his net worth in a single …

After $20 billion Jio frenzy, Mukesh Ambani seeks money for retail
4 years, 5 months ago

After $20 billion Jio frenzy, Mukesh Ambani seeks money for retail

Live Mint  

After raising more than $20 billion for his digital venture in three months, billionaire Mukesh Ambani is readying his retail unit for global partners, as his oil-to-petrochemicals conglomerate turns to India’s billion-plus consumers for growth. Asia’s richest man and the chairman of Reliance Industries Ltd. told shareholders Wednesday that Reliance Retail Ltd. is getting inquiries from investors and may start …

Google to invest USD 4.5 billion in Reliance Jio, for a 7.7% stake
4 years, 5 months ago

Google to invest USD 4.5 billion in Reliance Jio, for a 7.7% stake

Op India  

Google’s parent company Alphabet Inc has become the latest high-profile organisation to invest in India’s telecom giant Reliance Jio Platforms. Mukesh Ambani, the Chairman of Reliance India chairman on Wednesday confirmed that Google will invest over Rs 33,737, or USD 4.5 billion for a 7.7 per cent stake in Jio Platforms taking the string of investments well over Rs 1,52,000 …

Reliance AGM: Investment from Google, 5G tech, Jio Platforms shine in Mukesh Ambani's speech | 10 points
4 years, 6 months ago

Reliance AGM: Investment from Google, 5G tech, Jio Platforms shine in Mukesh Ambani's speech | 10 points

India Today  

Reliance AGM: Addressing the annual general meeting of of Reliance Industries Limited, Mukesh Ambani today made a slew of announcements ranging from the "success" of JioMeet, bumper investments from Google, Facebook and other global tech giants in Reliance Jio, building an indigenous 5G platform from scratch, to the future of Jio Platforms. We have signed a binding partnership and an …

Reliance Industries shares rise over 2% ahead of 43rd AGM
4 years, 6 months ago

Reliance Industries shares rise over 2% ahead of 43rd AGM

India Today  

Shares of Reliance Industries Limited rose by over two per cent ahead of the company’s 43rd Annual General Meeting. India’s most valuable stock surged over 1 per cent in morning trade and has been climbing steadily as investors gear up for announcements in the AGM. Besides, RIL Chairman Mukesh Ambani is likely to speak on the future roadmap after the …

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