News
Indian court leaves fate of Future Group sale to Reliance with regulators
High Court of Delhi has left it to regulators to decide the fate of the $3.38bn sale of Future Group’s retail assets to Reliance Industries. Read more…
Reliance Industries
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Future Retail reacts to order halting $3.38bn asset sale to Reliance
Future Retail examining an order by an arbitration panel in India to put on hold its $3.38 billion asset sale to Reliance Industries. Read more…
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ByteDance and Reliance in talks for investment in TikTok’s India business
China’s ByteDance is in early talks with Reliance Industries Ltd for an investment in its video-based app TikTok’s business in India. Read more…
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Amazon in talks to buy strategic stake in Reliance Retail for JioMart
Amazon is in talks to buy a 9.9% stake the retail arm of Indian conglomerate Reliance Industries that owns online competitor JioMart. Read more…
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Jio Platforms attracts another three big investments, eyes $95bn valuation
Reliance Industries announces three new investments in Jio Platforms from Silver Lake, Abu Dhabi Investment Authority and Mubadala Investment. Read more…
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Two more firms are eyeing a share of Reliance’s Jio Platforms
US private equity firm General Atlantic and Saudi Arabia’s Public Investment Fund are eyeing a share of Reliance digital unit, Jio Platforms. Read more…
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India’s Reliance cuts third Jio Platforms deal in a little over two weeks
India’s Reliance Industries has announced a $1.5 billion stake sale in digital unit Jio Platforms, a third deal in a little over two weeks. Read more…
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Facebook’s $5.7 billion investment in Reliance a big headache for Paytm
Facebook’s $5.7 billion investment in Reliance promises to be the biggest headache yet for Paytm, a SoftBank-backed pioneer Read more…
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India’s Reliance Industries receives a friend request from Facebook
Facebook buying a stake in Reliance Industries’ Jio Platforms to create new opportunities for over 60 million small businesses across India. Read more…