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Reliance Industries. Reliance Industries Limited is an Indian multinational conglomerate headquartered in Mumbai. Its businesses include energy, petrochemicals, natural gas, retail, entertainment, telecommunications, mass media, and textiles. Reliance is the largest public company in India by market capitalisation [ 5] and revenue, [ 6] and the ...
Here are 4 factors | Reuters | 6/4/2020 & 6/11/2020 Reuters has looked at the gigantic empire of Reliance Industries and attempted to work out the synergies among its various subsidiaries.
By 2002, Reliance had grown into a U$15 billion conglomerate. After the death of Dhirubhai Ambani on 6 July 2002, Reliance was headed by his two sons. The Reliance ADA Group was formed in 2006 after the two brothers Mukesh Ambani and Anil Ambani, split Reliance Industries in December 2005. [3] [4] Anil Ambani got the responsibility of Reliance ...
Jio Platforms, a subsidiary of Ambani’s oil-to-retail giant Reliance Industries (India’s most valued firm), is in advanced stages of talks to sell an additional 8% stake over the course of the ...
It is a subsidiary of Reliance Industries. Established in 2019, it acts as a holding company for India's largest mobile network operator, Jio, and other digital businesses of Reliance. [3] Since April 2020, Reliance Industries has raised ₹ 152,056 crore (US$18 billion) by selling 32.97% equity stake in the company. [4]
The search giant is investing $4.5 billion for a 7.73% stake in the top Indian telecom network, Reliance Industries chairman Mukesh Ambani said on Wednesday. The investment today from Google is ...
www .jfs .in. Jio Financial Services Ltd. is an Indian financial services company, based in Mumbai, India that was originally a subsidiary of Reliance Industries (RIL). It became an independent entity and was listed on the Indian stock exchanges in August 2023. [ 1] The company provides financial services, including payment services and ...
In 2020, Jio Platforms raised over $20 billion from a series of investments by companies like Meta, Google, Silver Lake, Vista Equity Partners and others. Reliance Retail, which raised about $7 ...