User: rohan Topic: Foreign Direct Investment in Retail
Category: Big Box Retailers :: Reliance
Last updated: Jun 25 2020 01:15 IST RSS 2.0
 
1 to 20 of 8,616    
Reliance may break up with IPOs of Jio, retail biz 25.6.2020 Rediff: Business
Given the company's expansion into internet and retail, more investments including mergers and acquisitions seem highly likely.
Also found in: [+]
Reliance Industries becomes India’s first company to hit Rs 11.44 lakh crore in market value 22.6.2020 Scroll.in
Meanwhile, chairperson Mukesh Ambani vaulted into the list of the world’s top 10 richest people.
Also found in: [+]
How Reliance Industries cleared its $21-billion debt amid the coronavirus pandemic 22.6.2020 Scroll.in
A major chunk of money came from the sale of stakes in Jio Platforms to 10 investors, including Facebook.
Also found in: [+]
Mukesh Ambani is now 9th richest man in the world 20.6.2020 Rediff: Business
With RIL's market capitalisation crossing the Rs 11-trillion mark on Friday, Ambani is ahead of Google co-founders Larry Page and Sergey Brin, the 10th and 11th richest, respectively, and behind Zara founder Amancio Ortega on the Forbes Real-time Billionaires List.
Also found in: [+]
RIL becomes ‘net-debt free’, Mukesh Ambani says he fulfilled promise to shareholders before schedule 19.6.2020 Scroll.in
The statement noted that RIL raised Rs 1.15 lakh crore from worldwide tech investors, and another Rs 53,124 crore was raised through a ‘rights issue’.
Also found in: [+]
Why rally in RIL stock may not be over just yet 17.6.2020 Rediff: Business
Multiple triggers such as asset sales, pickup in energy cash flows, increased traction in omni-channel retail, and rise in ARPUs could further drive the stock.
Also found in: [+]
Amazon in initial talks to buy Airtel pie: Sources 4.6.2020 Rediff: Business
While the investment amount could not be immediately ascertained, a report pegged it at about $2 billion.
Also found in: [+]
RIL rights issue oversubscribed 1.59 times 4.6.2020 Rediff: Business
In the rights issue, the company is offering one share for every 15 shares held at Rs 1,257. The rights shares are expected to be listed on the BSE and NSE on or around June 12.
Also found in: [+]
COVID-19 to accelerate digital adoption in India 27.5.2020 Rediff: Business
India's total online shopper base at 30 per cent of its internet population is low when compared with 78 per cent in China and 70-plus per cent in the US.
Also found in: [+]
Mukesh Ambani retains spot as richest Indian in Forbes Billionaires List 2020 6.5.2020 Scroll.in
Amazon CEO Jeff Bezos retained his position as the richest person in the world.
Also found in: [+]
Facebook and Jio’s resources together could create a digital services behemoth 1.5.2020 Scroll.in
The first tie-up between the two companies is JioMart, an e-commerce venture that allows users to order groceries via WhatsApp.
Also found in: [+]
Analysis: Reliance Jio-Facebook deal highlights India’s need to revisit competition regulations 30.4.2020 Scroll.in - News that matters
The current framework does not adequately address digital business models.
Also found in: [+]
Reliance gets on WhatsApp to connect buyers to stores 27.4.2020 Rediff: Business
Billionaire Mukesh Ambani's Reliance Industries has started a limited test use of WhatsApp to connect customers to grocery stores, days after Facebook decided to invest USD 5.7 billion in digital assets controlled by the company. JioMart, an e-commerce venture of Reliance Retail, "has already started interacting with customers on WhatsApp for grocery orders" in Navi Mumbai, Thane and Kalyan, Credit Suisse said in a report.
Also found in: [+]
The Political Fix: Post Covid, will India push back against China – or does it need Beijing’s cash? 27.4.2020 Scroll.in
A weekly newsletter on Indian policy and politics from Scroll.in.
Also found in: [+]
Financial, IT stocks drag Sensex down 536 points 24.4.2020 Rediff: Business
Bajaj Finance was the top laggard in the Sensex pack, dropping over 9 per cent, followed by Axis Bank, IndusInd Bank, HDFC, ICICI Bank and M and M. Reliance Industries, however, capped the losses by rallying over 3 per cent. Sun Pharma, Hero MotoCorp, L and T, PowerGrid and Bajaj Auto were also among the gainers.
Also found in: [+]
Jio more valuable than rest of RIL 23.4.2020 Rediff: Business
FB deal puts RIL on course to be debt-free next year; Reliance Retail biggest gainer from WhatsApp, JioMart arrangement.
Also found in: [+]
Facebook-Reliance Jio deal: India’s online grocers may have to make space for new competition 23.4.2020 Scroll.in
Both companies already have massive bases in the Indian market.
Also found in: [+]
Why Jio, Facebook will continue to lock horns 22.4.2020 Rediff: Business
Telecom operators, including Reliance Jio, have been demanding "same service same rules" regime which means that mobile applications providing calls and messaging services should also be made to comply with set of rules that are mandatory for mobile service providers.
Also found in: [+]
Facebook buys 9.99 percent stake in Reliance Jio for Rs 43,574 crore 22.4.2020 Projects Monitor

Reliance Industries, Jio Platforms and Facebook have announced the signing of binding agreements for an investment of Rs 43,574 crore by Facebook into Jio Platforms. The investment by Facebook values Jio Platforms at Rs 4.62 lakh crore pre-money enterprise value (USD 65.95 billion, assuming a conversion rate of Rs 70 to a US Dollar). Facebook’s investment will […]

The post Facebook buys 9.99 percent stake in Reliance Jio for Rs 43,574 crore appeared first on India's first NewsPortal on Projects.

Also found in: [+]
Facebook buys 9.99% stake in Jio for Rs 43,574 cr 22.4.2020 Rediff: Business
The latest deal would give Facebook deeper access to India, the second largest internet market after China.
Also found in: [+]
1 to 20 of 8,616