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Mukesh Ambani

Vodafone Idea plans $3.6 bn stock sale at steep discount; shares slump

TMT

20 March, 2019

Vodafone Idea plans $3.6 bn stock sale at steep discount; shares slump

Vodafone Idea Ltd, India’s largest telecommunications company by subscribers, on Wednesday approved 250 billion rupees ($3.63 billion) rights issue at ......

Reliance eyes expansion of fashion store biz to complement e-commerce push

Consumer

08 March, 2019

Reliance eyes expansion of fashion store biz to complement e-commerce push

Reliance Industries Ltd plans to grow the number of low-cost Reliance Trends fashion stores across India to 2,500 from 557 ......

Reliance to pick up majority stakes in Grab, C-Square

TMT

04 March, 2019

Reliance to pick up majority stakes in Grab, C-Square

Mukesh Ambani-led Reliance Industries Limited (RIL) has agreed to acquire an 83% majority stake in Mumbai-based hyperlocal delivery platform Grab. In ......

Reliance may buy logistics startup Grab; SoftBank leads $60-mn investment in Grofers

General

28 February, 2019

Reliance may buy logistics startup Grab; SoftBank leads $60-mn investment in Grofers

In line with its plans to enter the e-commerce space, Mukesh Ambani-led Reliance Industries is in advanced talks to buy ......

Saudi Aramco in talks with Reliance Industries for investments

Infrastructure

20 February, 2019

Saudi Aramco in talks with Reliance Industries for investments

Saudi Aramco’s Chief Executive Officer Amin Nassar said on Wednesday that the company is in talks with India’s Reliance Industries ......

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Surprise entrants, familiar names among India's biggest corporate donors

Finance

12 February, 2019

Surprise entrants, familiar names among India's biggest corporate donors

What’s common to Mukesh Ambani, Anand Mahindra, Sunil Bharti Mittal, Gautam Adani and KP Singh, apart from the fact that ......

Reliance ups stake in Genesis Colors, Raghavendra Rathore's fashion firm

Consumer

08 February, 2019

Reliance ups stake in Genesis Colors, Raghavendra Rathore's fashion firm

Billionaire Mukesh Ambani-led Reliance Industries Ltd said on Friday it has increased its stake in luxury fashion retailer Genesis Colors ......

Brookfield eyes stake in Jio's tower, fibre assets; CDC, Mirae may back BigBasket

General

08 February, 2019

Brookfield eyes stake in Jio's tower, fibre assets; CDC, Mirae may back BigBasket

Canadian alternative asset manager Brookfield Asset Management is in early-stage discussions to pick up a controlling stake in Reliance Jio ......

RCom slumps 54% to all-time low after approaching bankruptcy court

TMT

04 February, 2019

RCom slumps 54% to all-time low after approaching bankruptcy court

Reliance Communications Ltd (RCom) shares plunged by more than half to a record low on Monday, after the Indian telco said ......

Premium
Flashback 2018: Indian IT beefs up digital muscle; new-age tech firms roll in money

TMT

27 December, 2018

Flashback 2018: Indian IT beefs up digital muscle; new-age tech firms roll in money

Indian software services companies accelerated efforts to strengthen their skills in digital technologies this year--including via acquisitions overseas--while new-age tech ......