Page 15 - Reliance Group

RCapital lenders meet ends in stalemate over key challenge mechanism issue

CoC decides that all bidders, while submitting their resolution plans, will agree in writing to participate in the Challenge Mechanism in whatever form it is implemented by the lenders later

Q2 results: Reliance Jio logs 26.9% jump in net profit as Arpu rises

Gross revenue rises 22.8 percent annually to Rs 28,506 crore in second quarter

Reliance Industries to demerge and list financial services business

Shareholders of RIL will receive one equity share of JFS of face value Rs 10 for one fully paid-up equity share of Rs 10 held in RIL.

Windfall tax impact: Reliance net profit flat in Q2 at Rs 13,656 crore

Bottomline misses estimates, net revenue jumps 37.3 per cent YoY to Rs 2.3 trillion; to list financial services arm

Reliance Retail net profit grows 36% in Q2; revenue up 44.5% YoY

Reliance Retail saw its (gross) revenue at Rs 64,920 crore, up 42.9 per cent year-on-year

RIL to demerge subsidiary RPPMSL's EPC business, combine it with its own

The demerged undertaking, together with the existing EPC team of RIL, will create a focused EPC undertaking to cater to the needs of the group

Windfall tax hits Reliance; Q2 net profit flat at Rs 13,656 crore

Reliance's revenue has jumped 34 per cent to Rs 2.33 trillion

Reliance Retail to mark entry in beauty and personal space market in Jan

The retailer is already in advanced stage talks to take over Sephora India rights from Arvind Fashions, which also gives it access into the premium beauty and personal care space offline

Administrator seeks RBI nod to restructure Reliance Capital into four CICs

Will help bidders for its insurance business to avoid Irdai's 5-year lock-in

Indian saree market sees big corporates battling traditional players

Larger groups like the Tatas, Aditya Birla and Reliance Retail are slowly making a mark in a Rs 46,400 cr industry that is otherwise ruled by traditional organised and unorganised players

Sports is the new OTT game in town as everyone needs it to build a business

Streaming services bring complementary revenues and viewership for broadcasters

Reliance Retail's brand partnerships increase three-fold in the past decade

A Business Standard analysis found that while the number of Reliance retail stores has grown fourfold in six financial years, this growth has not been uniform

RBI's revised ARC norms: Aircel, RCom debt resolution faces uncertainty

Reliance Communications, then owned by Anil Ambani, had to shut down its business operations as a result of its high debt burden and a failed merger with Aircel

NBA, Reliance Retail launch extensive range of merchandise in India

The National Basketball Association and Reliance Retail announced a multi-year collaboration to launch an extensive range of NBA merchandise in India

Reliance Jio True 5G: What is it, availability, supported devices, and more

Reliance Jio is currently testing its 5G services in Mumbai, Delhi, Kolkata, and Varanasi. It plans to roll out 5G services across India by the end of 2023

Caller threatens to blow up Reliance Hospital, issues threat to Ambanis

An unidentified person called up Sir H N Reliance Foundation Hospital in south Mumbai on Wednesday and threatened to blow it up, a police official said. "The caller also issued threats in the name of some members of Ambani family," he said. The person called up the hospital's landline number at 12.57 pm from an unknown number, the official said. An FIR has been registered at D B Marg police station against the unidentified person and an investigation is on into the matter, he added. In August this year, a jeweller was arrested after he allegedly calling up the hospital and threatened to kill industrialist Mukesh Ambani and his family members. In February 2021, a sports utility vehicle (SUV) laden with explosives was found near Ambani's south Mumbai residence 'Antilia'. Later, some people, including the then-police officer Sachin Waze, were arrested in connection with the incident.

Reliance, Sanmina completes JV deal to build manufacturing hub in India

Integrated manufacturing solutions company Sanmina Corporation and Reliance Strategic Business Ventures Limited (RSBVL), announced the completion of their joint venture transaction

Reliance Jio Cloud-linked laptops likely to cost less than Rs 10,000

Jio is working on JioBook that will have an embedded 4G chip; it is expected to be priced below Rs 20,000

Reliance Jio to start beta trial of 5G services in 4 cities on Wednesday

Jio is also working with all handset brands to enable their 5G handsets to work seamlessly with Jio True 5G services so that customers have the most comprehensive range of 5G devices to choose from

Reliance Jio lists JioBook on govt e-marketplace at Rs 19,500: Details here

The JioBook is currently available for government department employees via the GeM at Rs 19,500. For others, it is expected to be available around Diwali