Sensex, Nifty end at near one-month low as banks, Reliance decline
Indian shares slid on Wednesday to end at a near one-month low, dragged by losses in bank stocks and Reliance Industries, while pre-budget jitters also weighed on sentiment.
Sensex, Nifty inch higher as rebound in banks offset Reliance slide
Indian shares edged up on Monday, as gains in banking stocks outweighed a slide in Reliance Industries, triggered by a sharp drop in third-quarter revenue at the conglomerate's oil-to-chemicals business.
Reliance Retail writes parallel script in India’s growth story
Mukesh Ambani has attracted $4.4 billion investments in his retail arm since September 9. RIL’s pivot towards consumer businesses like telecom, tech and retail are a bet on consumer spending recovering very soon.
Global investment firm TPG to invest in Reliance Retail Ventures
Reliance Industries Limited and Reliance Retail Ventures Limited (RRVL) on Saturday announced that TPG, a global investment firm, will into RRVL, a subsidiary of Reliance Industries.
General Atlantic to invest $498 Million in Reliance Retail Ventures
This is the third strategic investment in the retail unit of Reliance Industries Ltd (RIL), within a month.
Self Reliance and Reliance are writing the great Indian story
Mukesh Ambani is pushing India towards self-reliance in consumer technology even as the Government of India rolls out new schemes to attract investments from companies leaving China. These will steadily steer the country towards the goal of Atma Nirbhar Bharat.
Reliance buys majority stake in online pharmacy Netmeds for $83 million
India's Reliance Industries Ltd has bought a majority stake in online pharmacy Netmeds for 6.2 billion rupees ($83 million), facing up to Amazon.com in the competition for the country's fast-expanding online drug market.
ByteDance in talks with India’s Reliance for investment in TikTok – TechCrunch
The Chinese video sharing app is looking to re-enter the Indian market through a collaboration with one of India’s tech giants.
QIA may invest in RIL’s fibre business
The Doha-based fund is in advanced talks with Reliance Industries Ltd to invest up to $2 billion in Jio Digital Fiber.
Retail and e-commerce must present level playing field for all
Reliance’s acquisition of the Future Group is a consequence of disruptive and opportunistic thinking but it throws up interesting questions about the survival of smaller players.