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Page 35 - Mukesh Ambani

Second deal in a day for Jio Platforms: L Catterton to invest Rs 1894.5 cr

Jio Platforms has now announced a combined investment of Rs 104,326.95 crore in 10 deals since April 22

Second deal in a day for Jio Platforms: L Catterton to invest Rs 1894.5 cr
Updated On : 13 Jun 2020 | 11:13 PM IST

TPG to invest Rs 4,547 cr; Jio Platforms fund raising crosses Rs 1 trillion

This is the eighth deal announced by RIL in the last two months

TPG to invest Rs 4,547 cr; Jio Platforms fund raising crosses Rs 1 trillion
Updated On : 13 Jun 2020 | 9:24 PM IST

Manoj Modi, the rainmaker behind Mukesh Ambani's $13-billion deal spree

Reserved and mostly invisible to the public, Modi is viewed by many insiders and others in India's business world as the right hand of billionaire Mukesh Ambani.

Manoj Modi, the rainmaker behind Mukesh Ambani's $13-billion deal spree
Updated On : 13 Jun 2020 | 12:02 AM IST

Mukesh Ambani gets 552,000 shares in RIL rights issue, company says

Ambani's firm had on April 30 announced fundraising of Rs 53,124 crore by way of a 1:15 rights issue -- India's biggest and the first such issue by the firm in nearly three decades

Mukesh Ambani gets 552,000 shares in RIL rights issue, company says
Updated On : 12 Jun 2020 | 1:33 AM IST

RIL to sell 1.16% in Jio to Abu Dhabi Investment Authority for Rs 5,684 cr

8th investment values firm at Rs 4.9 trn on equity value basis

RIL to sell 1.16% in Jio to Abu Dhabi Investment Authority for Rs 5,684 cr
Updated On : 08 Jun 2020 | 1:37 AM IST

Three telecom players needed

Duopoly, with only Jio and Airtel, will be unhealthy and lead to job losses in the sector

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Updated On : 07 Jun 2020 | 7:58 PM IST

Silver Lake raises stake in Jio platforms, invests additional Rs 4,546 cr

Reliance Industries in a statement said with this, aggregrate investment by Silver Lake in Jio Platforms will be Rs 10,202.55 crore

Silver Lake raises stake in Jio platforms, invests additional Rs 4,546 cr
Updated On : 06 Jun 2020 | 8:27 AM IST

RIL raises over Rs 1 trn in 6 weeks, sells 19.9% stake in Jio Platforms

The Mukesh Ambani-led company plans to reduce debt with the proceeds from the stake sale

RIL raises over Rs 1 trn in 6 weeks, sells 19.9% stake in Jio Platforms
Updated On : 06 Jun 2020 | 2:05 AM IST

Facebook to Mubadala: Investors queue up for stake in Jio Platforms

Including investment by the Abu Dhabi fund, Reliance has now sold a combined 19% interest in Jio Platforms in six deals announced over as many weeks

Facebook to Mubadala: Investors queue up for stake in Jio Platforms
Updated On : 05 Jun 2020 | 10:02 AM IST

Total Reliance: Why investors are betting on Jio Platforms' future

Over the past six weeks, Jio Platforms has raised a striking $10 billion from global investors

Total Reliance: Why investors are betting on Jio Platforms' future
Updated On : 04 Jun 2020 | 7:49 AM IST

Facebook to acquire 9.9% stake in Jio Platforms via Jaadhu Holdings

In April, Facebook had announced an investment of $ 5.7 billion (Rs 43,574 crore) in Jio Platforms.

Facebook to acquire 9.9% stake in Jio Platforms via Jaadhu Holdings
Updated On : 03 Jun 2020 | 10:55 PM IST

Top headlines: May Services PMI improves, US to probe India for digital tax

From oil prices hitting a three-month high, May Services PMI improving from shock collapse in April to Google facing class action lawsuit, here are the top headlines of the day

Top headlines: May Services PMI improves, US to probe India for digital tax
Updated On : 03 Jun 2020 | 5:31 PM IST

RIL in talks with West Asian sovereign funds for Jio Platforms: Report

Abu Dhabi and Saudi groups slated to invest about $1 billion into Jio Platforms Ltd, says report

RIL in talks with West Asian sovereign funds for Jio Platforms: Report
Updated On : 03 Jun 2020 | 12:05 PM IST

RIL rights issue oversubscribed nearly 1.3 times with one day still to go

Reliance Industries Ltd's Rs 53,124 crore rights issue, which has already been oversubscribed, on Tuesday received further bids for 8.8 crore

RIL rights issue oversubscribed nearly 1.3 times with one day still to go
Updated On : 02 Jun 2020 | 9:11 PM IST

RIL diverts Alok Industries for making PPE; says will cut cost to one-third

Capacity has been scaled up to produce more than 100,000 PPE kits per day and cost has been slashed to nearly Rs 650 per unit from the about Rs 2,000 apiece imported price, they said

RIL diverts Alok Industries for making PPE; says will cut cost to one-third
Updated On : 01 Jun 2020 | 9:28 AM IST

AI to machine learning: RIL's $2-billion bet to be a tech tornado

The strategy includes spending over $1.6 billion on buying stakes in 24 tech firms across the US, UK, and India

AI to machine learning: RIL's $2-billion bet to be a tech tornado
Updated On : 01 Jun 2020 | 1:34 AM IST

Here's the list of outperforming stocks rising most since lockdown

Eight leading promoter-controlled business houses have emerged as the new Corona warriors for the stock market

Here's the list of outperforming stocks rising most since lockdown
Updated On : 29 May 2020 | 4:12 PM IST

Corona warriors for markets: Ambani, Adani stocks rise most since lockdown

The Bajaj group is the only one on the list of 12 conglomerates to be down - 1 per cent - since the lockdown came into effect, thanks to the hammering of stocks of non-banking financial companies.

Corona warriors for markets: Ambani, Adani stocks rise most since lockdown
Updated On : 29 May 2020 | 8:36 AM IST

Reliance Industries' rights entitlement surges 14% a day before close

Units worth nearly Rs 150 crore changed hands on the NSE and another Rs 554 crore on the BSE.

Reliance Industries' rights entitlement surges 14% a day before close
Updated On : 29 May 2020 | 1:01 AM IST

Is India's richest man Mukesh Ambani betting on US-China tech war?

US-traded Chinese technology firms such as JD.com and NetEase are looking for an alternative home closer to the mainland in case tensions between Washington and Beijing escalate

Is India's richest man Mukesh Ambani betting on US-China tech war?
Updated On : 28 May 2020 | 1:16 AM IST