Mukesh Ambani

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Facebook started FDI avalanche in India during pandemic: Mukesh Ambani

At the beginning of the Covid2019 pandemic, Jio attracted its largest global investor – Facebook, which announced a $5.7 billion investment in the telco.

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Reliance Retail raises Rs 9,555 crore from PIF

MUMBAI: Reliance Retail Ventures Ltd (RRVL), a subsidiary of Reliance Industries, has raised Rs 9,555 crore from Saudi Arabia’s Public Investment Fund (PIF), taking its pre-money equity value to Rs 4,587 lakh crore. This is the second investment by PIF in the Mukesh Ambani-led conglomerate. It had...

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Jio overtakes Hathway wired broadband subscriber base in Jun-20

BENGALURU: Mukesh Ambani’s Reliance Jio Infocomm (Jio) has been the largest broadband internet services provider in the country – a major portion of its subscriber base is wireless internet – through the mobile phone. However, the player is also making strides in terms of customer acquisition for...

iWorld Telecom
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Reliance finally acquires Kishore Biyani's Future retail group

MUMBAI: Mukesh Ambani, Asia’s richest man, can add another sobriquet to his name: that of India’s undisputed – means undisputed -  Retail King. Today, his Reliance  group announced that it was acquiring the retailing empire of Kishore Biyani, who earlier bore the retail king title, in a transaction...

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Google to invest Rs 33,737 cr in Jio Platforms for 7.7% stake

KOLKATA: Putting an end to the speculations floating around, Jio has welcomed Google as its new strategic partner. At the 43rd annual general meeting of Reliance Industries Ltd (RIL), CMD Mukesh Ambani made the announcement. The business tycoon said that Google will invest Rs 33,737 crore for 7.7...

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