“We expect Jio overtime to have access to 500 million mobile users, 20 million households and 10 million SMEs. Furthermore RIL has also India’s biggest physical retail stores.
July 21, 2020
Investments of Rs 1.17 lakh crore into Jio Platforms have been announced in the past two months.
July 11, 2020
Earlier in the day, RIL shares hit a new high of Rs 1,624 per share. However, they have trimmed major gains made initially.
June 8, 2020
Mumbai, June 5 : Shares of Reliance Industries (RIL) Friday hit a record high of Rs 1,617.70 per…
June 5, 2020
Reliance is looking to sell roughly 20% of Jio Platforms through all the private placement deals, the source added.
May 29, 2020
According to Prabhu Ram, Head-Industry Intelligence Group, CMR, Google is interested in buying a 5 per cent stake in Vodafone Idea to give impetus to its India push.
May 28, 2020
This deal would add to the three marquee investors who have already invested in Jio --Facebook, Silver Lake and Vista. Jio has raised a staggering $8 billion at a time when the world is in tumult because of the coronavirus pandemic.
May 9, 2020
The transaction is subject to regulatory and other customary approvals. Morgan Stanley acted as financial advisor to Reliance Industries and AZB & Partners and Davis Polk & Wardwell acted as legal counsels.
May 8, 2020
Mukesh Ambani said that in the very near future, JioMart and Whatsapp will empower nearly 3 crore small Indian Kirana shops to digitally transact with every customer in their neighbourhood.
May 4, 2020