Reliance Industries: News
05 Mar 2021
XNewsBytes Briefing: Reliance is gunning for low-cost laptops, and more
After upending the telecom space with Jio, Reliance has now got its sights on the laptop segment. Like the JioPhone, the Indian conglomerate is rumored to be working on an Android-based low-cost laptop dubbed the JioBook.
05 Mar 2021
Nita AmbaniReliance to bear COVID-19 vaccination costs for employees, their families
Billionaire Mukesh Ambani-led Reliance Industries Limited (RIL) will bear the full cost of vaccinating its employees and the members of their immediate family, reportedly totaling an estimated 12.2 lakh, the company said in an internal communication.
11 Feb 2021
Supreme Court Of IndiaAmazon moves Supreme Court over $3.4bn Future Group-Reliance deal
Amazon has moved India's Supreme Court to stop a $3.4 billion assets sale by its partner, Future Group, to Reliance Industries.
21 Jan 2021
SensexHistory created: Sensex breaches 50,000-mark for the first time ever
In a development that is sure to make investors, market watchers, and companies happy, S&P BSE Sensex crossed the 50,000-mark for the first time ever on Thursday.
18 Jan 2021
WhatsAppSoon, Reliance may let you order groceries from WhatsApp
Mukesh Ambani-led Reliance Retail Ltd. is reportedly working toward embedding JioMart into WhatsApp within the next six months. The move will allow 400-million Indian WhatsApp users to address their grocery needs from neighboring outlets through Ambani's hyperlocal e-commerce platform.
31 Dec 2020
Mukesh AmbaniChina's Zhong Shanshan replaces Mukesh Ambani as Asia's richest person
Reliance Industries (RIL) Chairperson and Managing Director Mukesh Ambani is no longer the richest person in Asia. That title now belongs to China's Zhong Shanshan, a vaccine magnate and the founder of the bottled water company Nongfu Spring.
29 Dec 2020
Mukesh AmbaniFarmers protest: Over 1,500 mobile towers damaged, Captain issues warning
The agitation of Farmers took a pernicious turn when protesters started damaging mobile towers to register an objection against Reliance Jio, owned by business tycoon Mukesh Ambani.
23 Dec 2020
Reliance JioReliance set to relaunch JioPhone next year
The COVID-19 pandemic has given a completely new perspective on the use of smartphones in India. This has prompted Mukesh Ambani-led Reliance Industries to relaunch its 4G feature phone in the next quarter.
02 Dec 2020
Indian Oil Corporation LimitedReliance Industries tops Fortune India-500 list for second straight year
Billionaire Mukesh Ambani-led Reliance Industries Limited (RIL) has topped the Fortune India-500 list for the second year in a row.
20 Nov 2020
Mukesh AmbaniReliance Retail raises Rs. 47,265cr from sale of 10% stake
Billionaire Mukesh Ambani-led Reliance Industries announced that it has completed the sale of Rs. 47,265cr worth of stake in its retail arm, Reliance Retail Ventures Limited (RRVL), to a group of foreign investors.
15 Nov 2020
FlipkartReliance buys 96% stake in Urban Ladder for Rs. 182cr
Reliance Retail Ventures Limited (RRVL), a subsidiary of Reliance Industries Ltd. (RIL), has acquired a majority stake in online furniture retailer Urban Ladder, the company announced on Sunday.
13 Nov 2020
Mukesh AmbaniRIL to invest $50mn in Bill Gates-owned Breakthrough Energy Ventures
Reliance Industries will be investing $50 million (approximately Rs. 373 crore) in Breakthrough Energy Ventures, a firm established by billionaire philanthropist Bill Gates in 2015 to battle climate change.
26 Oct 2020
SingaporeFuture Group, Reliance ignore ruling to hold $3.4bn deal
The Future Group on Monday said that it was examining an order to stall a Rs. 24,713 crore (approximately $3.4 billion) asset sale to Reliance Industries Limited (RIL).
07 Oct 2020
GoogleNewsBytes Briefing: Apple launching iPhone 12 on October-13, and more
Last night, Apple sent out invites for a 'Hi, Speed' event.
30 Sep 2020
Mukesh AmbaniReliance Retail scores Rs. 3,675cr from General Atlantic: Details here
The retail venture of Mukesh Ambani's Reliance Industries is going all guns blazing to take on Amazon and Walmart in India.
28 Sep 2020
Reliance JioJio appears to be blocking Twitch streams in India
Telecom giant Reliance Jio appears to be blocking Twitch streams in India.
30 Aug 2020
Mukesh AmbaniWhat does Reliance and Future Group deal mean for India
In a major move, Mukesh Ambani's Reliance Industries has announced the decision to buy businesses of Kishore Biyani-promoted Future Group for Rs. 24,713 crore.
20 Aug 2020
Mukesh AmbaniChemist body opposes Reliance's acquisition of Netmeds: Here's why
Yesterday, Mukesh Ambani's Reliance Industries had announced the acquisition of online pharmacy Netmeds, along with its subsidiaries and parent company, to scale up its e-commerce play.
19 Aug 2020
Mukesh AmbaniNewsBytes Briefing: Reliance buys Netmeds, SpaceX's biggest fund-raise, and more
In the last few hours, renowned tech giants took major strides.
19 Aug 2020
Reliance JioNow, JioPhone users can make UPI payments: Here's how
In the wake of the novel coronavirus pandemic, millions of Indians, including small business owners, have started transacting digitally.
17 Aug 2020
Mukesh AmbaniReliance could buy Milkbasket, Urban Ladder in e-commerce push
As Amazon and Flipkart continue to take long strides in the Indian e-commerce segment, Mukesh Ambani's Reliance Industries is also looking to grow its online footprint.
13 Aug 2020
UberNewsBytes Briefing: Reliance could back TikTok's business, and more
In the updates since last night, TikTok's parent company ByteDance was reported to have approached Mukesh Ambani's Reliance Industries for a potential investment in the video service's India business.
15 Jul 2020
Mukesh AmbaniIs Reliance's new 'Jio Glass' worth the hype?
During Reliance's first 'virtual' Annual General Meeting, Mukesh Ambani, the Chairman of the conglomerate, shared a lot about his oil-to-telecom businesses.
15 Jul 2020
Mukesh AmbaniReliance AGM: Google invests Rs. 33,737cr; Jio Glass; 5G plans
Google will be investing Rs. 33,737 crore ($4.5 billion) in Reliance Industries' telecom-to-digital entity Jio Platforms.
14 Jul 2020
GoogleGoogle likely to invest $4 billion in Reliance's Jio Platforms
After several major conglomerates and foreign funds, technology giant Google is mulling an investment in Reliance Industries' Jio Platforms.
14 Jul 2020
Mukesh AmbaniMukesh Ambani becomes 6th richest person in the world
After a massive fund-raising spree of Jio Platforms, Indian business magnate Mukesh Ambani has become the sixth-richest person in the world.
11 Jul 2020
ParliamentBJP blocks Parliament panel review of PM-CARES Fund
The Centre's response to the coronavirus pandemic and the PM-CARES Fund will most likely not be scrutinized by the Public Accounts Committee (PAC) as Bharatiya Janata Party (BJP) blocked a move regarding the same on Friday.
10 Jul 2020
Mukesh AmbaniMukesh Ambani's Jio blatantly copied WhatsApp for JioChat
A week ago, Jio Platforms, the telecom-to-digital entity of Mukesh Ambani's Reliance Industries, launched JioMeet, a video conference service that looked more like a rip-off of its prime competitor 'Zoom'.
05 Jul 2020
Google#WeeklyRecap: India bans Chinese apps, JioMeet launches, Gmail suffers outage
This week, a number of developments were noted in the world of tech, but the story that drew the most attention was the ban imposed by India on 59 Chinese apps.
03 Jul 2020
Mukesh AmbaniJioMeet, Reliance's free Zoom rival, is now available in India
After a nearly three-month-long fundraising spree, Mukesh Ambani's telecom-to-digital entity Reliance Jio Platforms is expanding its footprint to step into the arena of video-conferencing.