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Reliance Jio Infocomm Raises $2 Billion Forex Loan: Report
Reliance Industries Ltd and its telecom arm Jio Infocomm have raised a total of $5 billion in back-to-back foreign currency loans, the largest syndicated loan in India's corporate history, sources said.
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Reliance Industries Profit Rises 43% To Rs 13,680 Crore In September Quarter
The country's most valued company - Reliance Industries - on Friday reported net profit of Rs 13,680 crore in quarter ended September 30, 2021, marking a rise of 42.99 per cent from the same quarter last year on the back of higher demand of oil products. Reliance Industries total expenses in the quarter jumped almost 45 per cent annually to Rs 1,59...
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Reliance Industries Falls After Profit Declines In June Quarter
Reliance Industries total expenses in the quarter jumped 50 per cent annually to Rs 1.31 lakh crore.
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Jio Grows to 40.56 Crore Subscribers, Adding 73 Lakhs in Q2 2020
Reliance Jio now has a base of 40.56 crore subscribers, Reliance Industries revealed while announcing its earnings for the second quarter ending September 30 on Friday. The telecom operator, which is already the biggest telco in India, had added 73 lakh subscribers in the quarter, down from the 99 lakh new customers added in the previous quarter ...
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"Time Is Ripe To Make India A World Leader In Artificial Intelligence": Mukesh Ambani
RAISE 2020 Event On Artificial Intelligence: "In the coming decades, the total non-biological intelligence will exceed the rational intelligence of the entire human population," Reliance Industries chairman Mukesh Ambani said.
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Reliance Industries Becomes First Indian Company With Rs 13 Lakh Crore Market Value
Reliance Industries' stock rose as much as 3.73 per cent to hit a fresh all-time high of Rs 2,078.90 per share
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Jio Gets Rs. 33,737 Crores Investment From Google for 7.7 Percent Stake
Google is investing Rs. 33,737 crores in Jio Platforms for 7.7 percent stake, Jio’s Reliance Industries announced on Wednesday. The fresh investment is a part of Google’s Digitisation Fund worth Rs. 75,000 crores.
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Jio Platforms Gets Rs. 6,441.3 Crores Investment From TPG and L Catterton
Reliance Industries raised a total of Rs. 6,441.3 crores ($847 million) from the sale of two stakes in its digital unit Jio Platforms, the group said on Saturday.
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US-Based TPG To Buy 0.9% Stake In Jio Platforms For Rs 4,547 Crore
Reliance Industries has sold a total 21.99 per cent stake in its digital services arm Jio Platforms for Rs 1.02 lakh crore since April 22.
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Abu Dhabi Investment Authority To Buy Rs 5,684-Crore Stake In Jio Platforms
Reliance Industries said on Sunday that Abu Dhabi's state-owned company ADIA (Abu Dhabi Investment Authority) will purchase a 1.16 per cent stake in its digital services arm Jio Platforms for Rs 5,683.50 crore through a wholly-owned subsidiary. With the ADIA deal, Jio Platforms - which houses billionaire Mukesh Ambani-led Reliance Industries' telec...
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US-Based Silver Lake, Co-Investors To Up Stake In Jio Platforms To 2.1%
Reliance Industries said on Friday that US-based private equity firm Silver Lake and its co-investors will buy an additional 0.93 per cent stake in its digital arm, Jio Platforms, for Rs 4,546.80 crore. With this, the total investment by Silver Lake and its co-investors in Jio Platforms - which houses Reliance Industries' telecoms arm Reliance Jio ...
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Sensex, Nifty Break 3-Day Winning Run After RBI Announcements
Domestic equity benchmarks S&P BSE Sensex and NSE Nifty 50 snapped a three-day winning streak on Friday dragged by losses in banking and financial services stocks, after the Reserve Bank of India announced (RBI) a surprise reduction in the key lending rate. The Sensex fell more than 450 points during the session, whereas the Nifty dropped below the...
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Jio Added 1.75 Crore Subscribers in Last Quarter, Hits 38.75 Crore Total Subscribers
Reliance Industries Limited (RIL) has announced that Jio subscriber base has reached 38.75 crore. In its financial and operational performance report ending March 31, the conglomerate revealed that Reliance Jio added over 1.75 crore subscribers in the January to March 2020 quarter.
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Reliance Industries Picks 37.7% Stake In Alok Industries
In an exchange filing, RIL said that in accordance with the approved resolution plan, Alok Industries has on Saturday allotted 83,33,33,333 equity shares of Re 1 each at a premium of Rs 2 per equity share for cash at a total consideration of Rs 250 crore to RIL.
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Mukesh Ambani Adds $16 Billion To Wealth, Becomes 12th Richest In World: Report
Reliance Industries (RIL) Chairman Mukesh Ambani added $16.5 billion to his wealth in 2019 taking his total net worth to $60.8 billion, according to the Bloomberg Billionaires Index.
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Reliance Jio Infocomm Raises $2 Billion Forex Loan: Report
Reliance Industries Ltd and its telecom arm Jio Infocomm have raised a total of $5 billion in back-to-back foreign currency loans, the largest syndicated loan in India's corporate history, sources said.
-
Reliance Industries Profit Rises 43% To Rs 13,680 Crore In September Quarter
The country's most valued company - Reliance Industries - on Friday reported net profit of Rs 13,680 crore in quarter ended September 30, 2021, marking a rise of 42.99 per cent from the same quarter last year on the back of higher demand of oil products. Reliance Industries total expenses in the quarter jumped almost 45 per cent annually to Rs 1,59...
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Reliance Industries Falls After Profit Declines In June Quarter
Reliance Industries total expenses in the quarter jumped 50 per cent annually to Rs 1.31 lakh crore.
-
Jio Grows to 40.56 Crore Subscribers, Adding 73 Lakhs in Q2 2020
Reliance Jio now has a base of 40.56 crore subscribers, Reliance Industries revealed while announcing its earnings for the second quarter ending September 30 on Friday. The telecom operator, which is already the biggest telco in India, had added 73 lakh subscribers in the quarter, down from the 99 lakh new customers added in the previous quarter ...
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"Time Is Ripe To Make India A World Leader In Artificial Intelligence": Mukesh Ambani
RAISE 2020 Event On Artificial Intelligence: "In the coming decades, the total non-biological intelligence will exceed the rational intelligence of the entire human population," Reliance Industries chairman Mukesh Ambani said.
-
Reliance Industries Becomes First Indian Company With Rs 13 Lakh Crore Market Value
Reliance Industries' stock rose as much as 3.73 per cent to hit a fresh all-time high of Rs 2,078.90 per share
-
Jio Gets Rs. 33,737 Crores Investment From Google for 7.7 Percent Stake
Google is investing Rs. 33,737 crores in Jio Platforms for 7.7 percent stake, Jio’s Reliance Industries announced on Wednesday. The fresh investment is a part of Google’s Digitisation Fund worth Rs. 75,000 crores.
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Jio Platforms Gets Rs. 6,441.3 Crores Investment From TPG and L Catterton
Reliance Industries raised a total of Rs. 6,441.3 crores ($847 million) from the sale of two stakes in its digital unit Jio Platforms, the group said on Saturday.
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US-Based TPG To Buy 0.9% Stake In Jio Platforms For Rs 4,547 Crore
Reliance Industries has sold a total 21.99 per cent stake in its digital services arm Jio Platforms for Rs 1.02 lakh crore since April 22.
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Abu Dhabi Investment Authority To Buy Rs 5,684-Crore Stake In Jio Platforms
Reliance Industries said on Sunday that Abu Dhabi's state-owned company ADIA (Abu Dhabi Investment Authority) will purchase a 1.16 per cent stake in its digital services arm Jio Platforms for Rs 5,683.50 crore through a wholly-owned subsidiary. With the ADIA deal, Jio Platforms - which houses billionaire Mukesh Ambani-led Reliance Industries' telec...
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US-Based Silver Lake, Co-Investors To Up Stake In Jio Platforms To 2.1%
Reliance Industries said on Friday that US-based private equity firm Silver Lake and its co-investors will buy an additional 0.93 per cent stake in its digital arm, Jio Platforms, for Rs 4,546.80 crore. With this, the total investment by Silver Lake and its co-investors in Jio Platforms - which houses Reliance Industries' telecoms arm Reliance Jio ...
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Sensex, Nifty Break 3-Day Winning Run After RBI Announcements
Domestic equity benchmarks S&P BSE Sensex and NSE Nifty 50 snapped a three-day winning streak on Friday dragged by losses in banking and financial services stocks, after the Reserve Bank of India announced (RBI) a surprise reduction in the key lending rate. The Sensex fell more than 450 points during the session, whereas the Nifty dropped below the...
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Jio Added 1.75 Crore Subscribers in Last Quarter, Hits 38.75 Crore Total Subscribers
Reliance Industries Limited (RIL) has announced that Jio subscriber base has reached 38.75 crore. In its financial and operational performance report ending March 31, the conglomerate revealed that Reliance Jio added over 1.75 crore subscribers in the January to March 2020 quarter.
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Reliance Industries Picks 37.7% Stake In Alok Industries
In an exchange filing, RIL said that in accordance with the approved resolution plan, Alok Industries has on Saturday allotted 83,33,33,333 equity shares of Re 1 each at a premium of Rs 2 per equity share for cash at a total consideration of Rs 250 crore to RIL.
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Mukesh Ambani Adds $16 Billion To Wealth, Becomes 12th Richest In World: Report
Reliance Industries (RIL) Chairman Mukesh Ambani added $16.5 billion to his wealth in 2019 taking his total net worth to $60.8 billion, according to the Bloomberg Billionaires Index.
