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Reliance Industries Ltd

Reliance's $15 bn stake sale deal with Saudi Aramco delayed

Manufacturing

15 July, 2020

Reliance's $15 bn stake sale deal with Saudi Aramco delayed

Reliance Industries' plans to sell 20% stake in its oil-to-chemical business to Saudi Aramco is delayed, chairman of the Indian ......

Sensex, Nifty give up nearly all gains as Reliance disappoints

Markets

15 July, 2020

Sensex, Nifty give up nearly all gains as Reliance disappoints

Indian shares pared nearly all gains on Wednesday, as Reliance Industries weighed on indexes after it failed to meet investor ......

Google picks up 7.7% stake in Reliance's Jio for $4.5 bn

TMT

15 July, 2020

Google picks up 7.7% stake in Reliance's Jio for $4.5 bn

Reliance Industries Ltd said on Wednesday Alphabet Inc.’s Google will invest Rs 33,737 crore ($4.5 billion) in Jio Platforms Ltd, ......

Flipkart gets $1.2 bn from Walmart, others; valuation jumps 20%

TMT

14 July, 2020

Flipkart gets $1.2 bn from Walmart, others; valuation jumps 20%

Online retailer Flipkart said on Tuesday it is raising $1.2 billion (Rs 9,048 crore) in a funding round led by ......

Grapevine: Promoter, two PE firms to part-exit Sahajanand; SoftBank may back Unacademy

General

14 July, 2020

Grapevine: Promoter, two PE firms to part-exit Sahajanand; SoftBank may back Unacademy

The promoter of Sahajanand Medical Technologies Pvt. Ltd, India’s largest cardiac stent maker, along with two private equity firms, plan ......

Reliance's Jio gets $97 mn from Qualcomm Ventures for 5G push

TMT

13 July, 2020

Reliance's Jio gets $97 mn from Qualcomm Ventures for 5G push

Qualcomm Ventures has agreed to invest up to Rs 730 crore ($97 million) in Reliance Industries Ltd’s digital unit, Jio ......

BP pays Reliance $1 bn to set up petrol station venture

Infrastructure

10 July, 2020

BP pays Reliance $1 bn to set up petrol station venture

BP has paid Reliance Industries $1 billion to set up a joint network of thousands of petrol stations across India ......

Nifty, Sensex stumble after five-day rally as virus fears take hold

Markets

08 July, 2020

Nifty, Sensex stumble after five-day rally as virus fears take hold

Indian shares stumbled on Wednesday after a five-day rally, as surging coronavirus infections weakened hopes of a swift economic recovery ......

Why there is limited upside for rupee despite multiple positives

Markets

08 July, 2020

Why there is limited upside for rupee despite multiple positives

India's rupee has the backing of a healthier trade account, steady foreign investment inflows and a return in global risk ......

Premium
Virus fears damp M&As in Jan-June but cross-border sales, collapsed deals in focus

Finance

08 July, 2020

Virus fears damp M&As in Jan-June but cross-border sales, collapsed deals in focus

The number of mergers and acquisitions (M&As) involving India Inc. declined to the lowest level in at least eight years ......