
Jio completes 100% acquisition of Reliance Infratel for ₹3,720 cr
The NCLT in 2020 had approved resolution plan submitted by RIL subsidiary for acquisition of RITL, one of the major private telecom infra providers in the country.
The NCLT in 2020 had approved resolution plan submitted by RIL subsidiary for acquisition of RITL, one of the major private telecom infra providers in the country.
Next big announcement expected at RIL AGM is 5G investments, tech collaborations. Overall investments will be another area. RIL needs capital to expand retail business
Reliance Jio’s revenue increased 21.5% on a year-on-year basis to ₹21,873 crore; EBITDA for the said quarter rose to ₹10,964 crore
RIL recorded ₹49,824 crore profit in the first nine months of this financial year.
India's most valuable company by market capitalisation clocked a 52.2% increase in revenue to ₹2,09,823 crore in the quarter ended December.
The BSE Sensex and the NSE Nifty are poised to open lower on Friday, following weak global cues and negative trends on SGX Nifty.
The BSE Sensex and the NSE Nifty are poised to open lower on Wednesday amid mixed global cues as well as growing Covid-19 cases surge across the country.
Mukesh Ambani has expanded the Reliance empire by betting big on telecom and retail.
Reliance Industries Limited’s immediate focus should be to embark on a ‘value unlocking’ journey on the invested capital. Speedy restructuring into focussed business is the only way to achieve this.
The aim is to add a million in headcount in three years, primarily in the retail arm, as the company transforms itself into an enterprise that now includes two mega consumer and technology businesses.