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Reliance Industries rights issue opens today; here's all you need to know about biggest-ever fundraiser
Reliance Industries has already garnered Rs 67,195 crore through stake sale in Jio Platforms in four weeks ahead of its rights issue.
Reliance Industries to use three-fourth of Rs 53,125-cr rights issue proceeds to repay debt
Reliance Industries will use three-fourth of proceeds of its mega rights issue for repayment of some of its borrowings, according to offer document
Rights issue credit positive for Reliance Industries; to result in debt reduction: Moody's
Moody's Investors Service on Monday said Reliance Industries' Rs 53,100 crore rights issue is credit positive as earnings will decline because of economic shutdowns
Reliance Industries to raise Rs 53,125 cr via India's biggest rights issue, first-time after 30 years
Billionaire Mukesh Ambani's Reliance Industries Ltd (RIL) on Thursday announced fund raising of Rs 53,125 crore by way of a 1:15 rights issue, the first such issue in nearly three decades, as it steps up efforts to pare debt
Reliance Industries to hive off $75 bn oil-to-chemical business into separate unit for sale to Aramco
Reliance Industries Ltd (RIL), India's largest company, on Thursday said its board has approved hiving off its $75 billion worth oil-to-chemicals business into a separate division to enable the sale of 20 percent stake in the unit to Saudi national oil company Aramco
Reliance Industries Q4 results: Net profit at Rs 6,546 cr; announces India's biggest rights issue of Rs 53,125 cr
Reliance Industries has declared a dividend of Rs 6.50 per equity share of Rs 10 each for the financial year ended 31 March, 2020.
Industry leaders applaud Facebook-Jio deal; say India to be growth epicentre post-COVID crisis
Facebook's Rs 43,574 crore-investment in Jio Platforms earned accolades from industry leaders on Wednesday, even as some internet activists raised privacy concerns
Reliance Jio-Facebook $5.7 bn partnership: Mark Zuckerberg-led social media firm to get deeper access to India; deal to help reduce RIL debt burden
Facebook has bought a 9.9 percent stake in Reliance Jio in a multinational-dollar deal.
Reliance Jio-Facebook deal: 'Marriage of two super powers, will be a transformational partnership for India', say experts
Facebook is investing $5.7 billion in Reliance Industries Ltd's (RIL) Jio Platforms
Reliance Jio-Facebook deal: 'Unlikely to spark any fresh round of tariff war', says brokerage firm Jefferies
Reliance Jio's tariffs are already at a 7-20 percent discount to those of peers.
Construct of FB-Jio deal does not mean that two sides will not compete in the market: Facebook
Facebook and Jio will look to drive synergies and areas of collaboration but the mega-deal does not mean that the two sides will not compete in the market, officials said on Wednesday
Anand Mahindra lauds Reliance Jio-Facebook deal; says 'Bravo Mukesh!' on Twitter
Anand Mahindra, Group Chairman, Mahindra lauded Mukesh Ambani, Chairman, Reliance Industries for mega Rs 43,574 -crore Reliance Jio-Facebook deal.
Jio emerges as a leapfrogging platform in Ambani's industrial shuffle, aided by trademark financial engineering
Reliance Jio plans to offer new Bollywood releases into broadband-linked living rooms across India. Where will that leave multiplex operators?
Facebook investment to accelerate Reliance Jio's digital monetisation drive: Analysts
Facebook's move to pick up about 10 percent stake in Jio Platforms will accelerate Jio's digital monetisation drive and put Reliance Industries (RIL) on course to turn net debt-free by March 2021, analysts said on Wednesday
Jio-Facebook deal looks at local level e-commerce; to cover education, health gradually: Mukesh Ambani
Reliance Jio and Facebook will look to use WhatsApp for delivering goods from local neighborhood Kirana stores to consumers before expanding collaboration in education and healthcare sector, billionaire Mukesh Ambani said soon after announcing the mega Rs 43,574 -crore deal
RIL shares zoom over 10% on Rs 43,574-cr Jio-Facebook deal; market cap rallies Rs 80,710 cr
Shares of Reliance Industries on Wednesday jumped over 10 percent after Facebook announced an investment of $5.7 billion (Rs 43,574 crore) to buy a 10 percent stake in Jio Platforms
Facebook invests Rs 43,574 cr in Reliance Jio for 9.99% stake; becomes largest minority shareholder
The investment values Jio Platforms amongst the top 5 listed companies in India by market capitalization, within just three and a half years of launch of commercial services