Tag: Reliance Industries
JioMeet launched to challenge Zoom’s supremacy
After an extended beta testing phase, Indian telecom giant Reliance Jio launched JioMeet, a Zoom rival that can host up to 100 people and...
Intel injects $253mn in Jio Platforms to buy 0.39% stake
Global chipmaker giant Intel, through its investment arm Intel Capital, has infused a sum of $253 million in India’s Reliance Jio for a 0.39%...
India’s Reliance Industries scales new heights; become net debt-free
India's Reliance Industries Limited which became the country's most valuable company today has managed to be net debt-free almost nine months ahead of its...
Big Day; India’s Jio Platforms gets 2 investment deals in 24...
Indian multinational conglomerate, Reliance Industries has secured a total of $847 million in capital infusion to its digital platform Jio Platforms with two major...
Abu Dhabi’s Mubadala weighs $1.2 billion investment in India’s Jio Platforms
Abu Dhabi sovereign fund Mubadala Investment Company is considering investing $1.2 billion in Jio Platforms in exchange for 1.85 percent stake in the organization....
India’s Jio Platforms prepares for overseas IPO
Fresh from completing several rounds of investments from leading investments firms around the world, Indian multinational conglomerate, Reliance Industries Ltd. is engaging with banks...
Global Investment firm KKR & Co to invest $1.5 billion in...
US Private Equity Firm KKR will invest $1.5 billion in India’s Jio Platforms which would be Reliance Industries subsidiary's fifth fundraising deal in a...
ARAMCO – RIL agreement still intact
Earlier, India's Reliance Industries (RIL) had agreed with Saudi Aramco to sell a 20 percent stake in the company.
In a statement, RIL said that...