Amazon, in its legal notice, cited a contract arrangement that included "a restricted list" of companies Future was not supposed to enter deals with, according to the report
With eight deals in four weeks, analysts were expecting the valuation of the firm to touch at least Rs 4.5 trillion
Analysts expect in the coming years, the Indian rich list to be dominated by new age companies as the Corona pandemic has made adoption of latest, cutting age technology inevitable
Speaking at RAISE 2020 summit, Ambani said the time is ripe, and the tools ready to make India a world leader in AI and to make AI work for all Indians
RIL Chairman Mukesh Ambani said that the time is ripe for India to become a world leader in artificial intelligence (AI) and the tools are also ready to make the country lead globally in the field
The rise to riches of Sanjeev Bikhchandani and Ajay Banga--'ordinary professionals', with "good education'--should be true inspiration.
GIC will invest Rs 5,512 crore for a 1.22% stake, while TPG Capital will invest Rs 1,838 crore to own a 0.41% equity stake in the retail arm
This investment values Reliance Retail at a pre-money equity value of Rs 4.285 trillion
GIC's investment will translate into a 1.22% equity stake in Reliance Retail on a fully diluted basis.
Ramping up e-commerce operations and going beyond its current strongholds are key challenges for the grocery chain in its battle with Mukesh Ambani's upcoming retail behemoth
Strategic investor to be inducted later; General Atlantic becomes third PE firm to infuse funds
This is the second such investment by General Atlantic in a Reliance venture following a Rs 6,598.38 crore investment in Jio Platforms announced earlier this year
RIL chief Mukesh Ambani tops the list ninth year on the trot, his wealth surges 73% to Rs 6.58 trillion
Reliance Retail is on a fund raising spree and has secured around $1.8 billion in the past few weeks from KKR & Co and Silver Lake Partners
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India's business tycoon Mukesh Ambani continues to top the IIFL Wealth Hurun India Rich list 2020 for the ninth consecutive year with a total wealth of Rs 6,58,400 crore
Mukesh Ambani, Chairman of Indias most valued firm Reliance Industries, continues to top the IIFL Wealth Hurun India Rich List 2020 for the ninth consecutive year, with a total wealth of Rs 6.58 trn
Mukesh Ambani's Reliance Industries Ltd on Saturday said it had received Rs 7,500 crore from US private equity firm Silver Lake Partners, which had picked up 1.75 per cent stake in its retail arm
Electronics Mart runs 60 stores and has 1.200 employees; chain was started in 1980 by local businessman Pavan Kumar Bajaj as "Bajaj Electronics" and later changed its name
Reliance Industries has raised Rs 1.65 trillion over the past few months through stake sales at its digital unit Jio Platforms and its retail arm Reliance Retail Ventures