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3 mins read

Reliance Retail has now raised $4.4 billion – with fresh investments from TPG and GIC

In a Jio-like blitzkrieg of investments, Reliance Retail has now raised seven investments from glob…

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2 mins read

Reliance Retail receives full subscription amount of Rs 2,069.50 cr from KKR, allots 1.71 cr shares

Reliance Retail Ventures Ltd, the retail arm of Reliance Industries, has received the full subscrip…

PTI   


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3 mins read

Reliance Jio lands its 9th and 10th investment – ₹4,546.80 crore from TPG and ₹1,894.50 crore from LVMH-backed L Catterton

It also announced its 10th deal ₹ 1894.50 crore by L Catterton, one of the world’s largest consu…

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2 mins read

TPG to acquire Adar Poonawalla-led group’s housing finance arm at ₹3,900 crore valuation

US-based private equity major TPG has agreed to acquire the housing finance arm of Adar Poonawalla-…

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2 mins read

Tata Motors rallies 15% as TPG’s billion dollars spark a series of upgrades for the stock

Shares of Tata Motors stole the limelight on Wednesday as it rallied 15% as analysts turned bullish…

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3 mins read

Reliance Retail secures $750 million from ADIA – Mukesh Ambani has now raised over $5 billion for retail alone

The Abu Dhabi Investment Authority has invested ₹5,512.50 crore in Mukesh Ambani’s Reliance Retail.…

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1 min read

Reliance share price soars as Mukesh Ambani continues with his fundraising blitzkrieg for retail venture

Reliance is on a roll again as its share price rose by almost 4% on Wednesday morning. As of 11.30 …

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4 mins read

Mukesh Ambani cashes in yet another cheque from PIF — Saudi Arabia’s sovereign fund to invest $1.3 billion in Reliance Retail

Reliance Retail has raised $1.3 billion from Saudi Arabia’s sovereign fund – Public Investment Fund…

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6 mins read

Mukesh Ambani gave Google and Facebook a discount on Reliance Jio stake ⁠— here’s why

Interestingly, Google’s $4.5 billion cheque and Facebook’s $5.7 billion investment were a cheape…

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4 mins read

EXCLUSIVE: Inside the Reliance Jio deals – Akash Ambani was the one to choose Facebook, the next big investments and the ideas sold to investors

Since March, India has heard about two things happening repeatedly – the lockdown being extended an…

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2 mins read

Reliance Jio gets ₹1894.5 crore from Intel Capital – the 12th investment in 11 weeks

Reliance Jio has announced its 12th investment – ₹1894.5 crore ($253.5 million) from Intel Capital …

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4 mins read

Qualcomm picks up a 0.15% stake in Reliance Jio for ₹730 crore

Billionaire Mukesh Ambani's Reliance Industries on Sunday said it has secured Rs 730 crore from wir…

PTI   


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2 mins read

TPG, L Catterton pick up 1.32% stake in Jio Platforms for Rs 6441.3 crore

In a separate statement soon after, the company said L Catterton, one of the world's largest consu…

PTI   


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4 mins read

Reliance Retail acquires Urban Ladder for ₹182 crore – at a sixth of the startup’s peak valuation in 2018

Mukesh Ambani’s Reliance Retail has acquired furniture retail startup Urban Ladder for ₹182 crore t…

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4 mins read

Reliance Retail clocks nearly as much revenue as a year earlier as COVID shock abates ⁠— but the Amazon threat looms

Mukesh Ambani’s Reliance Retail posted a 13.9% year-on-year fall in profit at the end of the second…

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11 mins read

Mukesh Ambani AGM speech highlights — Reliance Industries announces Jio Glass, Google partnership and plans to build a new smartphone

A Jio-Google partnership, Jio Glass, new android operating system, and the goal to be carbon-free b…

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2 mins read

Reliance to hold virtual AGM on July 15

"We have a very clear roadmap to becoming a zero net debt company within the next 18 months that is…

PTI   


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1 min read

Airtel Africa gets $200 million investment from Rise Fund at a valuation of $2.65 billion – to list its mobile money unit in four years

Sunil Mittal-owned Airtel Africa, which offers telecommunications and mobile money services, has ra…

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1 min read

Mukesh Ambani says Reliance is net debt-free 9 months before the deadline – share price jumps almost 7%

Reliance’s share price jumped by 6.5% on Friday to ₹1,763. Reliance has raised a total of ₹1…