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BusinessToday.In
June 5, 2020
Abu Dhabi-based sovereign investor Mubadala is the latest investor that has invested Rs 9,093 crore in Reliance Jio platforms, translating into 1.85% equity stake on a fully diluted basis


Aseem Thapliyal
June 5, 2020
Share price of Reliance Industries gained 2.39% to hit a fresh yearly high of Rs 1,617 compared to the previous close of Rs 1579.95 on BSE


BusinessToday.In
June 5, 2020
Stock Market LIVE Updates: Companies set to announce their earnings are State Bank of India, L&T, Jyothi Labs, Exide Industries, Saregama, Alkem Laboratories, Greaves Cotton, Gujarat Gas among others.


BusinessToday.In
New Delhi, June 5, 2020
The current investment -- sixth in less than six weeks -- takes Jio Platforms' total funding to Rs 87,655.35 crore from some of the world's leading global technology and growth investors, including Facebook, Silver Lake, Vista Equity Partners, General Atlantic, KKR and Mubadala Investment Company


BusinessToday.In
June 4, 2020
After report of stake sale to Amazon emerged, Bharti Airtel said that it routinely looks for opportunities to work with digital and OTT platforms, but apart from that, they have nothing more to report


Reuters
June 4, 2020
Ambani dominates a dizzying array of sectors: Jio is India's leading telecoms carrier, Reliance Retail Limited is its top brick-and-mortar retailer, Reliance's Network18 Media & Investments Limited is one of its biggest news networks, and Reliance's Jamnagar is its largest oil complex


Reuters
June 4, 2020
Over the past six weeks, the digital business of Ambani's Reliance Industries Ltd (RELI.NS), known as Jio Platforms, raised a striking $10 billion from global investors.


BusinessToday.In
New Delhi, June 3, 2020
The allotment of equity shares will happen on or about June 10, while rights shares are expected to be listed on the BSE and NSE on or around June 12 under separate ISIN, says RIL


Chitranjan Kumar
New Delhi, June 2, 2020
A downgrade of India's sovereign rating to Ba1 caused downgrade of TCS and Infosys' rating to Baa1 negative from A3 negative


BusinessToday.In
New Delhi, June 1, 2020
Reliance Industries rights issue, which opened on May 20, received subscription for 45.47 crore equity shares against 42.26 crore shares on offer


BusinessToday.In
May 31, 2020
This comes at a time when RIL is riding on Rs 1.3 lakh crore in aggregate fundraising in the last few weeks, the brokerage firm's report said


BusinessToday.In
New Delhi, May 29, 2020
\"Currently, there is no proposal as reported by the media that is being considered at the Board,\" Vodafone Idea said


Reuters
May 29, 2020
The strategy is aimed not only at TikTok, which is not available in China, but all of ByteDance's non-China focused businesses, the sources said. Such businesses also include units in India like social networking app Helo


BusinessToday.In
New Delhi, May 28, 2020
By securing stake in Vodafone Idea, Google would potentially pit against Facebook and an increasingly dominant Jio, but the company could also make multiple investments in India


BusinessToday.In
New Delhi, May 28, 2020
In a just month, RIL's Jio Platforms has bagged investment worth over $10 billion from the likes of Facebook Inc, KKR & Co, Silver Lake, Vista Equity Partners and General Atlantic


Nevin John
New Delhi, May 27, 2020
As Mukesh Ambani's children play a greater role in Reliance Industries, the group is adding muscle to its digital, retail and petrochemicals businesses


BusinessToday.In
New Delhi, May 26, 2020
Business leaders from across sectors shared their vision of Atma Nirbhar Bharat at India Today's e-Conclave 2020. Sanjay Nayar, Partner and CEO of Kohlberg Kravis Roberts & Co (KKR) India, shared his views on how the initiative could serve as a great manufacturing opportunity for India. He said that a lot of countries were looking to set up manufacturing units in India. Agreeing with the central government's efforts, he added that the country needed a robust banking system for the approval process. If that could be centralised, a single window could be used to clear all the small and big projects. Watch the video for more.Also Read: India's weekly unemployment rate soars to 24.3% amid coronavirus lockdown: CMIE


BusinessToday.In
New Delhi, May 26, 2020
Coronavirus: WHO stops trial of hydroxycloroquine due to safety concernsThe World Health Organization has suspended testing the malaria drug hydroxychloroquine in COVID-19 patients due to safety concerns, WHO Director General Tedros Adhanom Ghebreyesus has said. Hydroxycholoroquine has been touted by Donald Trump and others as a possible treatment for the disease caused by the novel coronavirus. The U.S. President has said he was taking the drug to help prevent infection.Himac...


Anand Adhikari
New Delhi, May 26, 2020
The 25-year old debuts as additional director in Jio Platforms; sources says that this happened just a week before the nationwide lockdown announced by Prime Minister Narendra Modi


BusinessToday.In
New Delhi, May 24, 2020
JioMart will deliver groceries in more than 200 towns across the country, Damodar Mall, CEO of Reliance Fresh & Reliance Smart in Reliance Group


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