News
Reliance Industries eyes stake in lock screen content provider, Glance
Reliance Industries (RIL) has started discussions to invest up to $300 million to acquire a 15-20% stake in Indian content provider Glance. Read more…
Reliance Industries
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…
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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…
