Reliance Industries

Jio Financial Services Seeks to Enter Telecom Leasing Business
Jio Financial Services Seeks to Enter Telecom Leasing Business
May 27, 2024  |  Business

India-based Jio Financial Services is looking to go into the device leasing business. The financial services provider published a postal ballot notice saying it is...

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KKR Boosts Investment in Reliance Retail Ventures Limited
KKR Boosts Investment in Reliance Retail Ventures Limited
September 11, 2023  |  Investments

Reliance Retail Ventures Limited (RRVL), a subsidiary of Reliance Industries, has received a new investment from global investment firm KKR. Through an affiliate, KKR will invest 2,069.50 crore...

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‘Shadow Bank’ Lending in India Outpaces Traditional Banks
‘Shadow Bank’ Lending in India Outpaces Traditional Banks
August 08, 2023  |  Loans

It’s reportedly a good time to be a “shadow bank” in India. These nonbanks are seeing a flood of investor money amid rising credit demand...

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Possible Jio Financial Services IPO Opens India’s Digital Front Door for Investors
Possible Jio Financial Services IPO Opens India’s Digital Front Door for Investors
April 28, 2023  |  IPO

The door opens for investors to bet on the digital front door, in India. The premise and promise of the super app is to give...

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Meta Leverages India’s JioMart Grocery to Create Connected Commerce Ecosystem
Meta Leverages India’s JioMart Grocery to Create Connected Commerce Ecosystem
August 30, 2022  |  eCommerce

Meta is taking advantage of consumers’ daily need for food to integrate commerce into its social offerings in India, enabling users to make purchases the...

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India’s Reliance, Google Developing ‘Ultra-Affordable’ 5G Smartphones
India’s Reliance, Google Developing ‘Ultra-Affordable’ 5G Smartphones
August 29, 2022  |  Partnerships

Indian telecommunications giant Reliance Industries, the parent company of mobile network Jio, is working with Google to develop “ultra-affordable” 5G smartphones.  Reliance Chairman and Managing...

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Reliance and Apollo Global Teaming on UK Pharmacy Chain Boots Takeover Bid
Reliance and Apollo Global Teaming on UK Pharmacy Chain Boots Takeover Bid
April 28, 2022  |  Acquisitions

Indian investment firm Reliance Industries is teaming up with U.S. private equity company Apollo Global Management in an effort to buy U.K. pharmacy chain Boots...

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Amazon Scrambles as Reliance Industries Gets More Aggressive With Future Acquisition
Amazon Scrambles as Reliance Industries Gets More Aggressive With Future Acquisition
March 21, 2022  |  International

Amazon remains locked in a protracted legal battle with Reliance Industries to control the fate of Future Group and gain the lion’s share of India’s...

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Amazon Asks India Regulators to Nix Future Group Sale
Amazon Asks India Regulators to Nix Future Group Sale
August 30, 2021  |  Legal

Amazon has asked India’s market regulator, the Securities and Exchange Board of India (SEBI), to withdraw its conditional approval of competitor Future Group’s $3.4 billion...

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