Tag: Reliance
17 Results
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Manchester City announces new partnership with Jio
Manchester City has announced a new regional partnership with Jio Platforms Limited (Jio), that will see India's leading digital services brand become the Club's Official Mobile Communications Network Partner in India.
January 5, 2023 -
Delhi HC junks Future’s plea to stall proceedings before S’pore tribunal
The legal battle between Amazon and Future Group was going on for over two years in various courts in India.
November 22, 2022 -
Reliance Capital COC divided on Challenge Mechanism
The Committee of Creditors (COC) of Reliance Capital, which met on Friday to decide on the Challenge Mechanism process, remained divided and undecided on the modalities of the proposed process to be adopted in the bidding process.
November 4, 2022 -
NCLT extends Rel Cap resolution deadline to Jan 31, 2023
Earlier, the lenders of Reliance Capital had given an extension of 30 days to the bidders for submission of binding bids, along with an EMD of Rs 75 crore, by October 31.
October 18, 2022 -
Reliance Industrial Infra announces 11.4% decline in Q2 net profit
Reliance Industrial Infrastructure Ltd (RIIL) has posted a net profit of Rs 2.26 crore in the July-September quarter of FY 2022-23.
October 15, 2022 -
RIL arm, Sanmina Corp completes joint venture deal to build electric manufacturing hub in India
Integrated manufacturing solutions company Sanmina Corporation and Reliance Strategic Business Ventures Limited (RSBVL), a wholly-owned subsidiary of Reliance Industries Limited (RIL), on Tuesday announced the completion of their joint venture transaction.
October 4, 2022 -
Govt gives target to have 80 per cent 5G coverage in short timeframe: Vaishnaw
The government has given a target of 80 per cent coverage of 5G telecom services in the country in the short timeframe, Union Minister for Communications, Electronics & Information Technology Ashwini Vaishnaw said.
September 15, 2022 -
Reliance Industries arm acquires polyester business of Shubhalakshmi Polyesters for Rs 1,592 cr
Reliance Petroleum Retail Limited (under name change to 'Reliance Polyester Limited'), a wholly owned subsidiary of Reliance Industries Limited (RIL), on Saturday executed definitive documents to acquire polyester business of Shubhalakshmi Polyesters Limited for cash consideration of Rs 1,522 crore.
September 10, 2022 -
RIL announces plan to move into $100bn FMCG market
Margin profiles for FMCG businesses are superior to that of grocery retailers with gross margins of 40-60 per cent and EBITDA margin of 15-25 per cent versus 15 per cent and 9 per cent, respectively, for DMart.
August 31, 2022 -
Reliance next generation heads in, Isha Ambani gets retail biz
"At a time when a bright future is beckoning Reliance, what gives me optimism is our huge reservoir of young, dynamic and best-in-class talent. Our next-gen leaders are confidently taking over the reins across businesses," Mukesh Ambani announced.
August 29, 2022 -
Airtel pays Rs 8,312.4 cr for 5G spectrum, settles 4 yrs’ dues upfront
"This upfront payment of 4 years allows us to drive 5G rollout in a concerted manner given our operating free cash flow," said Gopal Vittal, MD and CEO, Bharti Airtel.
August 17, 2022 -
Reliance Industries to support holistic growth of Indian athletics
Reliance Foundation has been a dedicated partner to AFI over the years and this tie-up is set to deepen the engagement between the two organisations.
July 15, 2022 -
Mukesh Ambani resigns from Reliance Jio Board, Akash appointed Chairman
In a stock exchange filing, Reliance Jio Infocomm said the company's board has approved the appointment of Akash M Ambani, non-executive director, as chairman of the board of directors of the company.
June 28, 2022 -
Reliance to acquire dozens of brands in $6.5 billion consumer goods play
The total investment outlay planned by the company to acquire brands is not clear, but Reliance had set a goal to achieve 6.5 billion$ of annual sales from the business within five years.
May 17, 2022 -
Reliance Brands Limited invests in Anamika Khanna’s ‘AK-OK’
Reliance Brands Limited (RBL) and Indian couturier Anamika Khanna have joined hands for a 60:40 Joint Venture (either by itself and / or through its affiliates) for owning and developing the brand AK-OK, setting the foundation for a new outlook in Indian fashion.
December 21, 2021 -
Reliance buys REC Solar for USD 771 mn
In India, Reliance plans to use this industry leading technology in their fully integrated, metallic Silicon to PV Panel manufacturing giga factory.
October 10, 2021 -
Reliance Retail to launch 7-Eleven stores in India
The first 7-Eleven store will open in Mumbai on October 9 and will be followed by a further "rapid rollout", Reliance Retail said in a statement.
October 7, 2021