The quantum of funds to be raised or the purpose of fund raising has not been disclosed in the intimation.
According to separate transactions, another promoter of the company, Devarshi Commercials LLP, offloaded a total of 8,65,52,244 shares for over Rs 9,145 crore.
Facebook, which owns WhatsApp, will get a significant footing in the Indian telecom market if this deal goes through
The company has also doubled data limits for top-up voucher and bundle-free calling minutes to non-Jio networks in these vouchers
Pledges Rs 5 crore initial support to CM Relief fund; looks to enhance its capacities to produce 100,000 face-masks a day and a large number of protective suits and garments
Mukesh Ambani, who personally held 72.31 lakh shares or 0.11 per cent of RIL, raised his holding to 75 lakh or 0.12 per cent
Jack Ma, the Alibaba Group Holding founder, who ceded the No. 1 ranking in mid-2018, is back on top with a $44.5 billion fortune, about $2.6 billion more than Ambani
According to the Bloomberg Billionaires Index, Chinese billionaire Jack Ma, the founder of e-commerce major Alibaba Group has toppled Ambani to get the top spot in Asia
Weaker crude indicates oversupply and could be supportive of margins; howeverm if the weakness is demand-related, it could have the opposite effect on margins
One of the things we're doing, we're going to be announcing another tax cut in not so long a period of time, largely for middle-income people, said Trump in an interaction with Indian businessmen
Ambani said the coming decade presents a "historic opportunity" for businesses to excel
China and the US occupied the first and second spot with 799 and 626 billionaires, respectively
72 per cent software jobs are outside tech industry, said Nadella
He said the big change driving this transformation is the deepening of mobile networks which are working at a much faster pace than before
Reliance announced the merger of its various content, distribution, and media properties in its listed subsidiary Network18 earlier this week.
According to the sources, Trump's business delegation with around 15 CEOs would represent sectors ranging from finance and banking to information technology and retail
RIL's stake in Network18 would reduce to 64 per cent, from 75%, following the merger
The Supreme Court on Friday directed the top echelons of telecom firms to explain why contempt action should not be taken against them for non-compliance of its AGR order
Analysis of S&P BSE 500 companies suggests that promoters of Indian private-sector companies in particular could end up paying at least 20 per cent more as additional tax on the same dividend income
Along with NHAI, RIL is also in talks with state governments and local bodies across the country for offering its technology, he said.