Mukesh Ambani
TMT
Flipkart gets $1.2 bn from Walmart, others; valuation jumps 20%
Online retailer Flipkart said on Tuesday it is raising $1.2 billion (Rs 9,048 crore) in a funding round led by ......
TMT
Reliance's Jio gets $97 mn from Qualcomm Ventures for 5G push
Qualcomm Ventures has agreed to invest up to Rs 730 crore ($97 million) in Reliance Industries Ltd’s digital unit, Jio ......
Infrastructure
BP pays Reliance $1 bn to set up petrol station venture
BP has paid Reliance Industries $1 billion to set up a joint network of thousands of petrol stations across India ......
Finance
PE volumes touch new low in January-June as coronavirus worsens sentiment
Private equity deal-making volumes in India fell sequentially further in the first half of 2020 to hit the lowest level ......
TMT
Intel chips in with $253 mn for Reliance's Jio Platforms
Reliance Industries Ltd said on Friday that Intel Capital will invest Rs 1,894.50 crore ($253 million) in Jio Platforms Ltd, ......
Finance
RIL cuts commitments to PE, VC funds again in FY20 but adds new asset class
Billionaire Mukesh Ambani-led Reliance Industries Ltd (RIL) reduced its exposure to alternative investments for a fourth year in a row ......
TMT
Amazon, Flipkart to consider listing of ‘country of origin' label on products
E-commerce players in India such as Amazon's local unit and Walmart's Flipkart will consider asking sellers on their platforms to ......
Manufacturing
Reliance is ‘net-debt free', on road to IPO for digital, retail units
Reliance Industries Ltd said on Friday it has become net-debt free after raising 1.69 trillion rupees ($22.2 billion) via stake ......
TMT
Saudi Arabian wealth fund to invest $1.5 bn in Reliance's Jio Platforms
Reliance Industries Ltd said on Thursday Saudi Arabia’s Public Investment Fund (PIF) will invest Rs 11,367 crore ($1.5 billion) in ......
TMT
Abu Dhabi's Mubadala to invest $1.2 bn in Reliance's Jio Platforms, Silver Lake commits $600 mn more
Reliance Industries Ltd said on Friday Abu Dhabi-based Mubadala Investment Company will invest Rs 9,093.60 crore ($1.2 billion) in Jio ......