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Reliance Retail And Reliance Jio IPOs To Launch Separately

April 30, 2022 13:16

Mukesh Ambani is ready to launch an IPO (initial public offering) for Reliance Retail and Reliance Jio. According to a report, the Reliance Industries Limited Chairman, Mukesh Ambani, might announce important leads soon at the company’s annual general meeting. Reliance has become the behemoth of the telecom industry after the launch of Jio.  India’s Biggest […]

IPL: Media Rights Race Hots Up As Reliance, Lupa Systems Form JV

April 28, 2022 09:43

Reliance Industries (RIL) and Lupa Systems, led by media veterans Uday Shankar and James Murdoch, have launched a new alliance for investment in sports and entertainment programming, four months after the two began investigating opportunities. Bodhi Tree Systems, a platform supported by Lupa Systems and Shankar, announced on Wednesday that it would invest Rs 13,500 […]

Reliance Mumbai Mall: Another Addition To Ambani Empire

April 27, 2022 18:44

Business tycoon Mukesh Ambani has invested one billion dollars in the making of a luxury mall with utmost comfort and delicate intricacies. It means that the western luxury goods in the mall would have to undergo a check through the Reliance empire. According to an estimation given by Euromonitor, India’s luxury market will double in […]

Reliance Backs Out Of Future Deal; Biyani Left With Bleak Prospects

April 24, 2022 18:02

Reliance Industries Ltd (RIL) has pulled out of its Rs24,713 crore-deal with Kishore Biyani’s Future Group to acquire its retail business. The Reliance-Future deal turned controversial and spawned a vicious legal battle. The sale to Reliance was a key reason why Amazon aggressively blocked the sale. The Jeff Bezos-owned retail giant had embedded rights in […]