Why Jio got massive funding despite Covid lockdown
Jio’s ability to operate with required flexibility in a regulated environment was attractive to investors, says McKinsey & Company’s Vivek Pandit.
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The troika that pulls Reliance
While Jio, O2C and Retail are the three horses now, it may soon have another one with more power: renewable energy.
India sees $62 bn in PE funding in 2020
Consumer tech and IT/ITeS were the most-funded sectors last year, while investments in the BFSI space were down by 60%, says Bain & Company.
A strong balance sheet and RIL’s growth plans
The oil-to-telecom behemoth has created a strong balance sheet that supports growth plans for three hyper-growth engines—Jio, Retail, and O2C. And as part of CSR, it’s also in the healthcare space.
Pandemic poses hurdles for Reliance Retail
The oil-to-telecom conglomerate is trying its best to deal with the second wave of Covid-19-induced disruptions in its retail operations. But it will be difficult for Reliance Retail to escape unhurt.
Reliance gets a new-look growth engine
The Mukesh Ambani-led cash-rich giant is all set to carve out its traditional oil-to-chemicals business into an independent subsidiary, and create a holding structure by itself.
Covid-19 failed to derail India’s investment banking
Despite the raging Covid-19 pandemic and economic disruptions due to it, Indian investment banking activities grew, hitting a three-year high in 2020, with revenues touching $1.03 billion.
Saudi fund invests $1.3 bn in Ambani’s retail business
The Public Investment Fund of Saudi Arabia is picking up a 2.04% stake in Mukesh Ambani’s Reliance Retail Ventures. This after it invested $1.5 billion in a sister company, Jio Platforms.
Data is the new oil
How Mukesh Ambani-led Reliance Industries is on a mission to prove the above statement right by stringing together its “pearls”—investments into apparently unrelated sectors.
Epic global big tech battle in the Indian backyard
Tectonic shifts across technology, regulations, markets and investor expectations are the reason behind turbocharging Asia’s second-most populous nation’s digital economy.
