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RIL to pump treasury ops with Jio deal proceeds
Nevin John
New Delhi, July 9, 2020
The company's finance cost comes to 6.55 per cent of gross debt, while the return from cash investments comes to around 8 per cent
Jio receives Rs 43,574 crore from Facebook for 9.99% stake
BusinessToday.In
July 8, 2020
Only 11 weeks from the deal with Facebook, Jio has secured 11 other deals cumulatively worth Rs 117,588.45 crore
RIL becomes first Indian firm to cross Rs 12 lakh crore market cap
BusinessToday.In
July 6, 2020
The aggregate market capitalisation of billionaire Mukesh Ambani-led RIL, thus, stands at Rs 12.16 lakh crore, or $163.1 billion, on account of surge in share value after the company bagged 12th foreign investment for its digital arm Jio Platforms on Friday
RIL share hits all-time high, becomes first firm to cross Rs 11.50 lakh cr market cap
BusinessToday.In
July 6, 2020
Share price of Reliance Industries hit all-time high of Rs 1,858 today against previous close of Rs 1787 on BSE
RIL share gains over 1% as Intel Capital to invest Rs 1,894 cr in Jio Platforms
BusinessToday.In
July 3, 2020
Reliance Industries stock rose 1.4% to Rs 1,785 against the previous close of Rs 1,760 on BSE
Intel Capital to pump in Rs 1,894.5 cr in Jio Platforms; 12th investment in 11 weeks
BusinessToday.In
July 3, 2020
Intel Capital's investment will translate into a 0.39% equity stake in Jio Platforms; with this, Intel Capital joins the list of marquee firms that have invested in Jio Platforms, taking total investment amount to Rs 117,588.45 crore
Jio to play important role in 5G ecosystem growth in India, says RIL
PTI
June 24, 2020
Reliance Industries Chairman Mukesh Ambani noted that Jio's success in building technology specifically for India and its ability to proliferate across the country has attracted global technology leaders - Facebook and Microsoft - to forge partnerships with it
RIL deal: Mukesh Ambani closes in on $15 billion-agreement with Saudi Aramco
BusinessToday.In
New Delhi, June 24, 2020
RIL has said it's working to complete contours of a $15-billion deal with Saudi Aramco but did not give a timeline; Ambani in RIL's FY19-20 annual report said the deal would be concluded by March 2020 but it was delayed amid coronavirus crisis
Jio's golden touch makes Reliance Industries share rise 108% in 3 months
Chitranjan Kumar
New Delhi, June 22, 2020
Shares of billionaire Mukesh Ambani-led Reliance Industries continued gaining momentum on Monday, rising as much as 2.41 per cent to hit an all-time high of Rs 1,804.10
Mukesh Ambani becomes 9th richest person after RIL share hits fresh high
Aseem Thapliyal
June 22, 2020
On the Bloomberg Billionaires Index, the real-time net worth of Mukesh Ambani climbed to $64.5 billion, a rise of $4.18 billion compared to the previous day
RIL's market cap rises to a record 8.53% of market value of NSE firms
Aseem Thapliyal
June 19, 2020
Market cap of Reliance Industries climbed to Rs 11.52 lakh crore comprising 8.53% of the total market cap of Rs 135.02 lakh crore on NSE
How Reliance Industries Ltd became net-debt free before the March 2021 target
BusinessToday.In
New Delhi, June 19, 2020
Reliance Industries Limited has become a net debt-free company months before its target after raising over Rs 1,68,818 crore in just 58 days via a rights issue and by roping in global tech investors to buy a minority stake in Jio Platforms Limited, the company announced on Friday. The company has raised Rs 1,15,693.95 crore from leading global investors including Facebook, Silver Lake, Vista Equity Partners, General Atlantic, KKR, Mubadala, ADIA, TPG, L Catterton and PIF since April 22. PIF's investment marks the end of Jio Platforms' current phase of induction of financial partners, the company said. Watch the video for more.Also Read: Mukesh Ambani's Jio Platforms 5th most-valued company in India; ahead of HDFC, Airtel, Infosys
Mukesh Ambani's Jio Platforms 5th most-valued company in India; ahead of HDFC, Airtel, Infosys
Manoj Sharma
New Delhi, June 19, 2020
Since April 22, 11 tech investors have pumped in Rs 1.15 lakh crore into Jio Platforms at a valuation of Rs 4.91 lakh crore considering its huge potential to catapult e-commerce and tech space in India
RIL share hits all-time high after firm becomes net debt-free ahead of target
BusinessToday.In
June 19, 2020
RIL stock rose to all-time high of Rs 1,788.60 on BSE. The stock gained up to 8% or Rs 132 intraday against previous close of Rs 1656.25.
Mukesh Ambani fulfils promise to shareholders as RIL becomes net-debt free months before target
BusinessToday.In
New Delhi, June 19, 2020
Mukesh Ambani's Jio Platforms raised Rs 1,15,693.95 crore from leading global investors including Facebook, Silver Lake, Vista Equity Partners, and PIF since April 22; Reliance Industries' Rights Issue, subscribed 1.59 times, was largest in the world by a non-financial entity in 10 years
Mukesh Ambani's Reliance Industries set to buy stake in Future Group companies: report
BusinessToday.In
June 18, 2020
Although Future Retail has buyers waiting, including Amazon, a bid from Reliance Industries to buy stake in the holding company could generate favourable results for it
Reliance Industries share price hits all-time high as PIF to invest Rs 11,367 crore in Jio Platforms
BusinessToday.In
June 18, 2020
As per the regulatory filing, the investment values Jio Platforms at an equity value of Rs 4.91 lakh crore and an enterprise value of Rs 5.16 lakh crore
It's raining cheques for Ambani! Saudi Arabia-based PIF to invest Rs 11,367 crore in Jio Platforms
BusinessToday.In
New Delhi, June 18, 2020
With this investment, Jio Platforms has raised Rs 115,693.95 crore from leading global investors including Facebook, Silver Lake, Vista Equity Partners, General Atlantic, KKR, Mubadala, ADIA, TPG and L Catterton, since April
RIL share price hits 52-week high post L Catterton, TPG's investment in Jio Platforms
BusinessToday.In
June 15, 2020
RIL stock has risen 2.42% in one week, 10% in one month and 6.2% since the beginning of the year. Reliance Industries shares are trading higher than its 5, 20, 50, 100 and 200-day moving averages
L Catterton to invest Rs 1,894 crore in Jio Platforms; key things to note
BusinessToday.In
New Delhi, June 13, 2020
L Catterton's investment will translate into a 0.39 per cent equity stake in Jio Platforms on a fully diluted basis
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