Ril Shares
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Reliance Industries Rights Entitlement shares jump 16%; extends uptrend on second consecutive day
•De-materialised trading of Reliance Industries Ltd - Rights Entitlement (RIL-RE) continued to draw strong demand on day-two on the stock exchanges on Thursday, rising by nearly 28 percent in intra-day trading before closing with a gain of 15.6 percent
Funding by General Atlantic, Facebook, others to position Jio as tech player not just telco: Analysts
•Recent investments by Facebook, General Atlantic, Vista and Silver Lake will re-position Jio as a major tech player rather than just a telecom service provider, analysts said on Monday
Jio is uniquely positioned to democratise data and digital services, says General Atlantic's Sandeep Naik
Ashwin Mohan •General Atlantic announced an investment of Rs 6,598 crore to pick up a 1.34 percent stake in Jio Platforms, valuing the latter at Rs 4.91 lakh crores
Reliance Industries shares gain nearly 2% after company announces over Rs 6,500 deal with General Atlantic
•Shares of Reliance Industries on Monday gained nearly 2 percent after the company announced the sale of 1.34 percent stake in its digital unit to global equity firm General Atlantic for Rs 6,598.38 crore
Reliance Industries shares decline over 6%; market-cap drops by Rs 61,142 cr
•Shares of Reliance Industries Limited on Tuesday tumbled over 6 percent on profit-booking after rallying for the past five days
RIL shares jump over 4% as Vista Equity Partners picks 2.32% stake in Jio Platforms for Rs 11,367 cr
•Shares of Reliance Industries on Friday jumped over 4 percent after the company announced that US-based private equity firm Vista Equity Partners will buy a 2.32 percent stake in its digital unit, Jio Platforms, for Rs 11,367 crore
Reliance Industries to consider first rights issue in three decades; company's board meets on Thursday
•India’s Reliance Industries Ltd said it will consider its first rights issue in almost 30 years when its board meets on Thursday, in another attempt to slash its debt
Facebook-Jio deal a positive; concerns around flouting of net neutrality, data safety norms unfounded: Industry forum
•Facebook's decision to invest $5.7 billion (about Rs 43,574 crore) in Jio Platforms is a big positive for India's digital services sector, and any apprehension that net neutrality or data protection norms may be flouted or consumer interest harmed, is "erroneous and far-fetched", industry body BIF said on Monday
Moody's, Fitch give thumbs-up to $5.7 bn Jio-Facebook deal, says to help RIL deleverage
•International credit rating agencies Fitch Ratings and Moody's Investors Service on Thursday said the $5.7 billion Facebook deal will help Reliance Industries deleverage its balance sheet and monetise digital platforms
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