mukesh ambani
Amid COVID-19, investors bet on Jio and its giant-killer playbook
India’s 10-week lockdown led to a surge in demand for data, boosting Jio’s phone and broadband offerings
Reliance Industries Rs 53,124 crore rights issue subscribed 1.59 times
The Rights Issue Committee of the Board of Directors of the company will meet on June 10 to approve the basis of allotment of equity shares
Reliance Industries to open Rs 53K crore rights issue for shareholders on May 20
This is India's biggest and the first such issue by the firm in nearly three decades.
Vista Equity Partners to invest in Reliance Jio
Vista's investment will translate into a 2.32 percent equity stake on a fully diluted basis, making Vista largest investor in Jio Platforms
Silver Lake to invest in Reliance Jio
The deal comes days after Facebook (FB.O) said it would spend $5.7 billion to buy a 9.99% stake in Jio Platforms
Reliance Industries suffer 39% profit fall, worst fall in over 11 years
Reliance said gross refining margin, the profit earned on each barrel of crude oil processed, was $8.90 per barrel in the March quarter
Pandemic impact: Mukesh Ambani's net worth drops 28 pc to USD 48 billion in 2 months
The Indian market has corrected by 25 per cent in the last two months as the economic costs and impact of the COVID-19
Ambani says Trump will see a wholly new India
In dialogue with Satya Nadella, Reliance chairman says India will be the third biggest economy soon
Billionaire Ambani's Reliance posts record profit on consumer strength
The company had previously said it would sign a definitive agreement with Aramco by March 2020.
Average customer unlikely to pay for outgoing calls, says Reliance Jio
Reliance Jio is offering 1,000 minutes per month (28-day cycle) of free calling every month across all plans.