Reliance

Reliance Says It Can Move Ahead With $3.4B Deal
Reliance Says It Can Move Ahead With $3.4B Deal
October 25, 2020  |  Partnerships / Acquisitions

Reliance, the global Mumbai-headquartered conglomerate specializing in everything from retail to telecommunications, will move ahead with a $3.4 billion deal with Future Group in spite...

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Mubadala Makes Second Major Investment In Reliance Industries
Mubadala Makes Second Major Investment In Reliance Industries
October 01, 2020  |  Investments

Mubadala Investment Co. has put more cash into Reliance Retail Ventures Ltd, a division of Reliance Industries Ltd. in India. Reliance Industries, the global conglomerate...

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Reliance Retail Fires Shot Against Amazon In Battle For India
Reliance Retail Fires Shot Against Amazon In Battle For India
August 31, 2020  |  Retail

There’s a storm brewing in the Indian retail scene, with Amazon at its center. Over the weekend, Reliance Industries – the company owned by India’s...

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Facebook Deal With Jio Faces Antitrust Scrutiny In India
Facebook Deal With Jio Faces Antitrust Scrutiny In India
June 17, 2020  |  Facebook

The Competition Commission of India (CCI), the nation’s antitrust police, is investigating Facebook Inc.’s purchase of a 10 percent stake in Reliance Jio Infocomm Ltd.’s...

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KKR Becomes Latest Investor In Jio Platforms
KKR Becomes Latest Investor In Jio Platforms
May 21, 2020  |  Investments

It seems everyone wants a piece of Jio Platforms, India’s largest mobile company. KKR, the global investment firm based in New York, is the latest mega...

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General Atlantic Latest To Pony Up Cash For Stake In India’s Jio Platforms
General Atlantic Latest To Pony Up Cash For Stake In India’s Jio Platforms
May 17, 2020  |  Investments

The New York-based private equity firm General Atlantic closed an $870 million deal for a 1.3 percent stake in Jio Platforms, the digital subsidiary of...

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Reliance Tests eCommerce Portal In India
Reliance Tests eCommerce Portal In India
April 26, 2020  |  eCommerce

A new shopping portal by Reliance Retail initiated testing just days after it was announced that Facebook would invest $5.7 million in digital assets into...

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Reliance To Invest $42M For 87.6 Pct. Stake In Fynd
Reliance To Invest $42M For 87.6 Pct. Stake In Fynd
August 05, 2019  |  Investments

Indian company Reliance Industries revealed that is acquiring a 87.6 percent stake in Fynd for 2.95 billion Indian rupees ($42.33 million). Founded in 2012, Mumbai-based...

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Amazon India Rival Reliance Can’t Share Consumer Data
Amazon India Rival Reliance Can’t Share Consumer Data
February 28, 2019  |  eCommerce

The chairman of Reliance Industries has run into a hitch in his quest to take on Amazon in India and become the biggest eCommerce company...

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