Thu, 18-Aug-2022

Reliance Jio

Intel to Invest $255 Million in Reliance’s Jio Pla...

Intel Corp’s investment arm will pay some $255 million for a small stake in Reliance Industries Ltd’s digital unit Jio Platforms, the latest in a slew of share sales that have helped the Indian conglomerat... July 3, 2020 2:30 pm By Neha Mule

Reliance Says TPG and L Catterton to Invest $847 Mil...

Indian oil-to-telecoms conglomerate Reliance Industries raised a total of 64.4 billion Indian rupees ($847 million) from the sale of two stakes in its digital unit Jio Platforms, the group said on Saturday. ... June 15, 2020 5:42 am By Neha Mule

Abu Dhabi Investment Authority Invests $752 Million ...

Reliance Industries said on Sunday that the Abu Dhabi Investment Authority (ADIA) will buy 1.16% of its digital unit Jio Platforms for 56.83 billion rupees ($752 million). Source: Official Facebook Page of ... June 8, 2020 6:03 am By Neha Mule

Reliance to Launch JioMart, an Online Grocery Servic...

Reliance Industries Ltd has launched an online grocery service, JioMart, the head of its grocery retail business said, in a move aimed at rivalling Amazon.com’s local unit and Walmart Inc’s Flipkart in the... May 25, 2020 7:13 am By Neha Mule

KKR to Invest $1.5 Billion in India’s Reliance Jio...

KKR & Co Inc will invest $1.5 billion in Reliance Industries’ Jio Platforms, its biggest investment in Asia to date and bringing the amount of new funds raised by the Indian digital company this month to a m... May 22, 2020 7:59 am By Neha Mule

Reliance to Sell $750 Million Stake in Unit to Silve...

India’s Reliance Industries Ltd. said on Monday private equity firm Silver Lake will invest nearly $750 million in its digital arm, days after securing a $5.7 billion investment from Facebook Inc, boosting i... May 4, 2020 10:20 am By Neha Mule

Facebook to Buy 10% Stake in Telco Unit of India’s...

Facebook will buy a 10% stake in the digital business of India’s Reliance Industries for $5.7 billion, as the social media firm looks to leverage its highly popular WhatsApp chat service to offer digital pay... April 22, 2020 5:16 am By Neha Mule

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