-
India's Richest Man Buys Paramount's Entire Stake In His Broadcasting Unit Viacom18 For $570M
Thursday, March 14, 2024 - 6:21am | 354Read More...This story was first published on the Benzinga India portal. The value of Reliance Industries shares experienced an uptick on Thursday after the announcement of the company's decision to acquire Paramount Global's (NASDAQ: PARA) stake in Viacom18 Media for ₹4,286 crore (...
-
India's Reliance Maintains Silence On Mega Merger Buzz With Disney's Local Unit
Tuesday, January 30, 2024 - 6:35am | 450Read More...This story was first published on the Benzinga India portal. India's Reliance Industries has refrained from commenting on media speculations about a potential merger with Walt Disney Co’s (NYSE: DIS) India unit, according to a letter sent to stock exchanges on Jan. 30, 2024....
-
Amazon Joins Elon Musk's SpaceX, Mukesh Ambani's Jio In Vying For A Piece Of India's Burgeoning Satellite Internet Market
Tuesday, October 10, 2023 - 2:39am | 508Read More...This story was first published on the Benzinga India portal. The e-commerce behemoth, Amazon.com Inc. (NASDAQ: AMZN), is making moves to enter India's rapidly growing satellite communications (satcom) market. Reports suggest that Amazon has sought approval from the Indian National...
-
India's Richest Man's Company Unveils EV Battery Ambitions - Will It Impact Tesla's Indian Aspirations?
Wednesday, October 4, 2023 - 4:31pm | 401Read More...Reliance Industries, the Indian oil refining behemoth, is making significant strides in clean energy, unveiling its innovative swappable and multipurpose battery storage technology tailored for electric vehicles (EVs). This development is a part of the company's broader initiative to...
-
Amazon's Challenger Owned By India's Richest Man Could Attract $1B Interest From Qatar Sovereign Fund
Wednesday, July 26, 2023 - 8:47am | 408Read More...This story was first published on the Benzinga India portal. India's Reliance Industries (RIL) shares climbed more than 2% on Wednesday amid reports that billionaire Mukesh Ambani is in talks with the Qatar Investment Authority (QIA) for the sovereign wealth fund...
-
From Apple To Tesla To Meta: Why US Tech Giants Are Eager To Join Forces With This Indian Telecom Titan
Tuesday, May 23, 2023 - 5:45am | 616Read More...India’s richest man, Mukesh Ambani, who is making waves in the business world with an impressive partnerships spree, has reportedly roped in Elon Musk‘s Tesla Inc (NASDAQ:TSLA) to forge a 5G alliance. What Happened: The subsidiary of Reliance Industries – owned and led by Ambani – Jio...
-
Indian Billionaire Outperforming Elon Musk, Jeff Bezos This Year Takes Zero Salary Home
Tuesday, August 9, 2022 - 7:46am | 500Read More...Indian billionaire Mukesh Ambani, whose net worth has outperformed peers like Tesla Inc (NASDAQ: TSLA) CEO Elon Musk and Amazon.com Inc (NASDAQ: AMZN) founder Jeff Bezos this year, took 'nil' salary home for a second consecutive year in the financial year 2021-22. What Happened: According...
-
$100 Invested In Revlon Right Now Would Be Worth This Much If Stock Gets Back To All-Time High
Thursday, June 23, 2022 - 4:00am | 341Read More...Retail-investor buzz has been building around Revlon Inc (NYSE: REV). The latest news is that Indian conglomerate Reliance Industries is mulling a purchase of the ailing cosmetics maker, which recently filed for bankruptcy under Chapter 11, facing heavy debt....
-
India's Largest Public Company Is Charting All-Time Highs And Morgan Stanley, Goldman Sachs Analyst See More Upside
Friday, April 22, 2022 - 8:16am | 593Read More...The stock of Reliance Industries — India's largest public company — is already trading near the 52-week high and the analysts believe there's a lot more in its kitty that can shoot the share price up. Outperforming India's Nifty 50 Index, the shares of the...
-
General Atlantic Can't Have Enough Of India's Reliance, To Invest Another $500M
Wednesday, September 30, 2020 - 4:21am | 498Read More...Equity firm General Atlantic on Tuesday disclosed it would invest close to $500 million (INR 36.75 billion) in Reliance Industries Ltd's retail venture. What Happened: On a fully diluted basis, General Atlantic’s investment will represent around 0.84% stake in Reliance...
-
Amazon, Verizon Look To Join Facebook, Google, Intel In Indian Telco Frenzy With $4B Investment: Report
Thursday, September 3, 2020 - 2:20am | 452Read More...Amazon.com, Inc (NASDAQ: AMZN) and Verizon Communications Inc (NYSE: VZ) are set to resume negotiations to pick up stake in India’s Vodafone Idea Ltd for more than $4 billion, local media reported Thursday. What Happened: The talks came to a halt as a ruling was expected from the Indian...
-
Silver Lake To Invest $748M In India's Jio Platforms, Weeks After Facebook's $5.7B Investment
Monday, May 4, 2020 - 2:32am | 371Read More...Private equity firm Silver Lake is investing $748.3 million in Indian conglomerate Reliance Industries Ltd's digital arm Jio Platforms, the latter announced Monday. What Happened The move comes two weeks after Facebook Inc. (NASDAQ: FB) said it was investing $5.7 billion in Jio in exchange for...
-
Atlas Energy Signs A Deal With Reliance Industries (ATLS)
Friday, April 9, 2010 - 2:40pm | 140Read More...Atlas Energy Inc. (NASDAQ: ATLS) stock soared after the company announced a joint venture with Reliance Industries Ltd. The Joint venture is worth $1.7 billion and will engage in the development of Marcellus acreage. Reliance Industries is the largest private sector company in India. According to...
-
Reliance Bid Said to Be Rejected By Lyondell
Tuesday, March 2, 2010 - 3:06pm | 235Read More...According to Bloomberg, the bankrupt LyondellBasel Industries AF rejected a $14.5 billion bid from Reliance Industries, India’s largest oil refiner and explorer. The offer is said to have been pitted against creditors of Lyondell, Apollo Management LP. The New York based private equity firm is said...
