The company said that it now produces over 11 percent of India's total production of medical-grade liquid oxygen — meeting the needs of nearly every one in ten patients
The supplies are being made to states like Gujarat, Maharashtra and Madhya Pradesh, which will provide relief to over 70,000 critically-ill patients every day
India has world’s 3rd highest number of billionaires, says Forbes list; Mukesh Ambani named Asia's richest person
Forbes' 35th annual list of the world's billionaires is topped by Amazon CEO and Founder Jeff Bezos for the fourth year in a row
Among those who saw a decline in their net worth during the year was Acharya Balkrishna of Patanjali Ayurved at US $3.6 billion, down 32 percent
Fuel for India 2020: India is a very special, important country with remarkable entrepreneurship culture, says Mark Zuckerberg
Following the NPCI approval, WhatsApp will compete with players like Paytm, Google Pay, Walmart-owned PhonePe and Amazon Pay in the country.
Mark Zuckerberg, Mukesh Ambani discuss WhatsApp-Jio impact, future of tech in India: Read full transcript
RIL chairman Mukesh Ambani says that the next few decades will be historic in India’s digital transformation.
"With the grace and blessings of Lord Krishna , Shloka and Akash Ambani became proud parents of a baby boy today in Mumbai," a statement from the family read.
With this investment, a record eighth by marquee global investors, Reliance Retail Ventures Limited (RRVL) is now valued at a pre-money equity value of Rs 4.587 lakh crore (around $62.4 billion)
The plans for 'homegrown 5G' were first announced by Jio at Reliance Industries Limited's AGM 2020.
The rich in India got richer as the wealth of the top 100 on the list increased by about 14 percent or $517.5 billion compared to 2019, as per Forbes Magazine
Abu Dhabi Investment Authority to invest Rs 5,512.5 crore in RIL retail arm; joins Silver Lake, KKR among others
The investment by ADIA in Reliance Retail Ventures Limited in exchange for a 1.2 percent stake values the company, India’s largest retailer, at a pre-money equity value of Rs 4.285 lakh crore.
The investments value Reliance Retail at a pre-money equity value of Rs 4.285 lakh crore. In less than three days, Reliance Industries has entered into five deals to sell stake in RRVL
Earlier on 30 September, private equity firm General Atlantic said it will invest Rs 3,675 crore in Reliance Retail in exchange for a 0.84 percent stake
The latest investment by KKR, which has a long history of building leading global enterprises, in Reliance Retail underscores its clear belief that the RIL unit is set to lead a disruptive, technology-led transformation of Indian retail sector particularly relevant in the post-pandemic India.
Silver Lake to invest Rs 7,500 cr in Reliance Retail for 1.75% stake; private equity firm holds 2.08% in Jio Platforms
With this deal, Jio Platforms and Reliance Retail now account for over Rs 9 lakh crore of RIL's valuation.
With a net worth of $77.3 billion, Mukesh Ambani is also the only Asian to feature in the top 10 in Forbes' Real Time Billionaires List, placed after Mark Zuckerberg
The RIL chairman also announced that his group''s digital arm Jio is developing a homegrown 5G telecom solution.
'Reliance Foundation is gearing up to partner with the government and local municipalities for rapid mega-scale Covid testing across India,' Nita Ambani said.
Addressing shareholders, Reliance Industries chairman and managing director Mukesh Ambani said JioMeet saw 5 million downloads within hours of its launch.