Reliance Industries

The Latest

  • Walmart’s Flipkart Raises $3.6 Billion In New Funding Round
    FRESH CAPITAL
    Flipkart will also buy back employee shares worth more than $80 million.
  • Bollynaires Bank More Than China Tech Titans: Bloomberg Richest List
    India
    In China, the biggest names in the technology industry saw their fortunes decline as their companies struggled with state crackdowns.
  • Indian Court To Halt $3.3 Billion Retail Deal, A Big Win For Amazon
    Amazon
    A New Delhi court ruled in favor of Amazon and ordered Reliance Industries and Future Group to maintain the status quo.
  • Ambani's Reliance Industries Fined $5.5 Million Over Share-Trading Violations
    Ambani
    The latest fine for the company and its founder is for alleged share-trading violations in 2007 related to Reliance Petroleum.
  • Facebook Finally Gets Approval To Launch Its WhatsApp Pay In India
    NEW PLAYER
    WhatsApp has established its payments service atop UPI, a real-time payment system that enables interbank transfers within India.
  • Amazon, Reliance In Showdown For India's Retail Market
    FOR DOMINANCE
    Amazon was granted an emergency order from a Singapore adjudication body to stop the two India groups from working out a deal.
  • Very Large India Retail Deal Under Threat After Amazon Legal Action
    DISPUTE
    Amazon.com Inc. said India partner Future Group broke a contract by approving a $3.4 billion sale with billionaire Mukesh Ambani's Reliance Industries.
  • Walmart Inc Mulls $25 Billion Partnership With Tata Group In Retail App Venture
    SUPER APP
    The super app, estimated to be worth $50 billion to $60 billion, is seen to be rolled out in December or January.
  • KKR & Co. Takes Another Slice Of India Retail With $754 Million Reliance Deal
    LUCRATIVE
    The deal is the second by KKR in a Reliance subsidiary after it bought a $1.5 billion stake in the group's telecom unit Jio Platforms this year.
  • India’s Reliance Industries Said To Offer $20 Billion Stake In Retail Business To Amazon.com
    Reliance Industries
    Reliance is willing to sell as much as 40% in a subsidiary and the deal would be India’s biggest, according to data from Bloomberg.
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