Tag: Reliance Industries
Bodhi Tree Systems, Reliance to invest $2bn in Viacom18 Media
Bodhi Tree Systems and Reliance Projects & Property Management Services have agreed to invest a combined INR 15,145 crores ($2 billion) in Viacom18 Media, an ... Read More
Reliance Industries to acquire battery manufacturer Lithium Werks assets
Reliance Industries said that its fully-owned subsidiary — Reliance New Energy has agreed to acquire substantially all of the assets of Lithium Werks, a Netherlands-based ... Read More
Reliance Industries to create electronic manufacturing JV with Sanmina
Reliance Strategic Business Ventures Limited (RSBVL), a fully-owned subsidiary of Reliance Industries Limited (RIL), has agreed to create a joint venture (JV) with Sanmina Corporation, ... Read More
Reliance Jio Platforms to invest $200m in lock-screen platform Glance
Glance, a leading AI-driven lock-screen platform, announced today that it has agreed to raise US$200 million from Jio Platforms Limited (“Jio”) in its Series D ... Read More
Jio Platforms acquires stake in artificial reality company Two Platforms
Reliance Industries said that its majority-owned subsidiary Jio Platforms has acquired a stake of 25% in Two Platforms Inc., a deep tech startup based in ... Read More
Reliance Industries 3Q FY22 profit grows 38% to Rs 206bn
Reliance Industries Limited (RIL) has reported a 37.9% increase in its net profit for the quarter ended 31 December 2021 (3Q FY22) to INR 20,539 ... Read More
Reliance Industries to buy 73% stake in Mandarin Oriental New York hotel
The Mukesh Ambani led Reliance Industries Limited is set to acquire a 73.37% stake in Mandarin Oriental New York, a luxury hotel in New York ... Read More
Reliance Retail buys stake in hyperlocal delivery company Dunzo for $200m
Reliance Retail Ventures, the retailing arm of Reliance Industries, has acquired a stake of 25.8% in Bengaluru-based hyperlocal delivery company Dunzo for $200 million. Dunzo ... Read More
Reliance Industries to acquire British battery technology company Faradion
Reliance Industries said that its fully-owned subsidiary Reliance New Energy Solar (RNESL) has signed a £100 million deal to acquire Faradion, a British sodium-ion battery ... Read More
Reliance Industries to launch gasification assets’ restructuring and repurposing
Reliance Industries Limited said that its board has today decided to execute a scheme of arrangement for transferring Gasification Undertaking into a fully-owned subsidiary. The ... Read More