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Posts Tagged ‘ Reliance Industries Ltd. ’

Exclusive: Yatra.com to issue small stake to Reliance

Monday, October 24, 2016 | More »

Yatra.com, one of India’s top online travel agencies (OTAs) that is set to get listed on NASDAQ through a reverse merger, will issue a small equity stake to Reliance Industries Ltd as part of a business arrangement, a person privy to the development told Techcircle. The proposed deal is linked to ...


RIL to invest $16 mn in US-based visual analytics developer NetraDyne

Billionaire Mukesh Ambani-led Reliance Industries Ltd said on Wednesday it has agreed to invest $16 million (Rs 108 crore) in NetraDyne Inc, a US tech startup that is creating a platform based on the Internet of Things to process visual inputs. NetraDyne, which is yet to start commercial operations,...

1 June, 2016 | More »


GenNext Ventures scouts for digital, energy, advanced materials startups

Reliance Industries’ venture capital arm Reliance GenNext Ventures is stepping up its investments in digital technology startups in tandem with the $57 billion-by revenue-conglomerate’s ambitious entry into telecom with 4G services. It plans to back five or six of the second batch of 11 comp...

14 March, 2016 | More »


RIL unveils lifestyle e-com site on invitation-only basis

Reliance Retail, a unit of Mukesh Ambani-controlled Reliance Industries Ltd, is inching closer to the full-fledged commercial launch of its women-focused lifestyle e–commerce venture. “The curated fashion and lifestyle e-commerce initiative is transitioning from project phase to operational phas...

20 January, 2016 | More »


Reliance Jio unveils 4G service for group staffers, commercial launch in March

Reliance Jio Infocomm Ltd, the telecommunications unit of Mukesh Ambani-controlled Reliance Industries, has unveiled its widely anticipated 4G telephony service. Starting Monday, Reliance Jio’s 4G offerings would be available to RIL staffers. The commercial launch is scheduled for March, it is rel...

28 December, 2015 | More »

Mukesh Ambani

RIL to launch 4G smartphones under LYF brand

Ahead of the full-fledged launch of its fourth generation telephony services, a unit of Mukesh Ambani-controlled Reliance Industries will unveil own-branded 4G LTE smartphones. The LYF range of smartphones, which is being launched by Reliance Retail, would be equipped with features such as Voice ove...

16 October, 2015 | More »


Reliance Jio to raise Rs 3,500 crore debt to fund 4G roll-out expenses

Ahead of launching commercial operations of 4G services, Reliance Jio Infocomm Ltd, the telecom arm of Reliance Industries Ltd, plans to raise Rs 3,500 crore debt to fund roll-out expenses. “The Company proposes to issue Secured Redeemable Non- Convertible Debentures aggregating up to Rs 3,500...

30 July, 2015 | More »

Mukesh Ambani

Reliance Industries to invest $39B in digital space

Reliance Industries will make an investment of over Rs 250,000 crore in the digital space, including rollout of wireless broadband infrastructure and manufacturing of mobile handsets, its chairman Mukesh Ambani said on Wednesday. Speaking at the launch of Digital India Week here, Ambani, whose $16 b...

2 July, 2015 | More »


Reliance buying BookMyShow, HomeShop18 promoter Network18

Mukesh Ambani-led Reliance Industries Ltd (RIL) is picking majority stake in diversified media and entertainment group Network18 in the biggest deal in the Indian media sector. This marks the culmination of the multi-tier deal originally struck two years ago, where, in the first leg, the group had ...

29 May, 2014 | More »