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RIL SUBSIDIARY PARTNERSHIP
Stocks in news: Rajesh Exports, Lenskart, Suzlon Energy, Aurobindo Pharma, Tata MotorsIndian markets saw volatility and closed lower on Wednesday. Key companies are in focus due to significant developments. SoftBank reduced i...- Stocks in news: RIL, TCS, IDFC First Bank, BPCL, SpiceJetIndian equity markets saw profit booking on April 9, ending a five-day rally. Several companies like RIL, TCS, and IDFC First Bank are in f...
- Investors may offload 252 million shares in Jio Platforms' IPOJio Platforms is preparing for a $4 billion IPO, offering a partial exit for its 14 global investors, including Meta and Google. The offer ...
- Reliance, Meta launch enterprise AI JV with Rs 855 crore investment: Here’s all you need to knowThe newly formed entity, Reliance Enterprise Intelligence Ltd (REIL), is a joint venture between RIL's subsidiary, Reliance Intelligence Lt...
- Reliance formally incorporates AI JV with Facebook, cos agree to jointly invest Rs 855 croreReliance Industries and Facebook's Indian arm have formed a joint venture, Reliance Enterprise Intelligence Limited (REIL), to develop and ...
- RIL withdraws merger of Reliance New Energy Limited with self"Based on a review of the new energy/renewable energy business and investment structure, the Board, at its meeting held on April 21, 2023, ...
- RIL acquires strategic stake in US’ Exyn Tech for $25 millionThe stake has been acquired through its wholly-owned subsidiary Reliance Strategic Business Ventures
- RIL subsidiary to buy 20% stake in US-based solar tech company CaeluxReliance New Energy Limited (RNEL) has signed definitive agreements to pick 20% stake for $12 million in Caelux Corporation, a US-based tec...
- CCI approves merger of Jio Cinema OTT with Viacom18 MediaIn April, Reliance Industries Ltd (RIL) and Viacom18 announced a strategic partnership with Bodhi Tree Systems, where Bodhi Tree will inves...
- RIL says Aramco chairman’s induction to board in line with law, regulationsThe California State Teachers' Retirement System (CalSTRS), a shareholder of Reliance, had last week decided to vote against the induction ...
- A possible Saudi Aramco appointment on Reliance board triggers buzz over $15 billion dealBillionaire Mukesh Ambani had in August 2019 announced talks for the sale of a 20 per cent stake in the oil-to-chemicals (O2C) business, wh...
- Reliance's proposed business reorganisation credit neutral: FitchThe reorganisation of the business in Reliance O2C Limited (O2C) "will have a neutral impact on RIL's credit metrics and rating," it said i...
- Morgan Stanley gives thumbs up to RIL going green; shares gain 2%Morgan Stanley said RIL is embarking on its journey to address the $800 billion total addressable market in organised retail and e-commerce...
- RIL initiates oil-to-chemical hiveoff plan, expects NCLT nod by Q2RIL said that the consideration for O2C assets that will be transferred to the subsidiary will be funded by interest bearing loan from the ...
- RIL's Jio Platforms receives Rs 33,737 crore from Google"We hereby inform that, after receipt of all requisite approvals, Jio Platforms Limited, a subsidiary of the Company, today received the su...
- ‘Aramco deal has not progressed as planned’While Ambani didn’t give any new timeline for the completion of the deal with Saudi Aramco, the chairman said RIL has been “approached by g...
- Jio-Silver Lake deal to help reposition RIL as consumer tech company: AnalystsThe pact will also help deleverage and ease up the balance sheets of the company, said analysts.
- Facebook investment to accelerate Jio's digital monetisation drive: Analysts"RIL had restructured its digital business into one consolidated wholly-owned subsidiary - Jio Platforms - which would host all the digital...
- RIL to sell 20% in oil-to-chemicals unit to Aramco at $75-B enterprise valueTectonic shift group junks go-it-alone strategy, plans to forge partnerships with global giants for major businesses among india’s largest ...
- Eros International rallies over 5% on RIL stake dealIt opened at Rs 219 and touched high and low of Rs 219 and Rs 207.10.
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