Today, a total of 71 companies including ITC, Asian Paints, and Ambuja Cements are scheduled to announce their quarterly results
Amazon wants a preferred, strategic stake in Reliance Retail for JioMart
Cost efficiency gives Avenue Supermarts an edge, but valuation is expensive
The monies have been deployed into ultra-short and money-market funds, and others focused on debt with an average of three-to-five year maturities
Within two months of launch, marketplace taps more daily orders than BigBasket, Amazon
Delay in striking a deal with Saudi Aramco disappoints investors
Mr Ambani has walked the talk on data being the new oil
Company ranks among top 100 global retailers
With the fund raising now achieved, Reliance Industries has become a debt-free company
Murmurs of big tech investments in Indian telcos have stirred up the telecom sector. These big tech-telco combinations are a threat as much as they are an opportunity
Jio Platforms was created in October last year to house all-digital initiative of Reliance
In April, Facebook had announced an investment of $ 5.7 billion (Rs 43,574 crore) in Jio Platforms.
The app is not yet available on Apple or Google Play Store and has to be downloaded from jiomart.com
Experts advise in favour of rights issues, given Jio's strong growth, deleveraging initiatives and promoters' commitment to the offer
Last month, the government said e-commerce platforms would be allowed to sell only essential items during the lockdown
Code-named 'Local Shops on Amazon', the programme expected to help the ecommerce major take on rival Flipkart and Reliance's JioMart
Facebook announced an investment of $5.7 billion (Rs 43,574 crore) to buy a 10 per cent stake in Jio Platforms
At Wednesday's price, RIL's market capitalisation stood at Rs 8.64 trillion. This means, the other businesses are being valued by the Street at Rs 4.28 trillion
Jio-Facebook deal would change India's digital economy
Listen to the podcast to know how Reliance is all set to take on Amazon and Flipkart with its online food and grocery selling venture, JioMart