Page 16 - Reliance Group

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

Reliance Jio may not charge a premium for its 5G services initially

The aforementioned Jio executive also noted the company's priority is not to become an OEM for mobile devices

Reliance Retail plans to open mass brands beauty stores in tier II and III

It is already in advanced stage talks with Arvind Fashions to acquire Sephora

Reliance Retail's fashion-lifestyle store AZORTE to take on Zara, Mango

The company plans to ramp up the store presence across key markets over the coming months

Reliance Retail launches lifestyle departmental store format Centro

Will have over 300 Indian and International brands in categories such as apparels, footwear, cosmetics, lingerie, sportswear, luggage and accessories

Reliance Retail launches fashion and lifestyle departmental store 'Centro'

First Reliance Centro store opened in Vasant Kunj, Delhi on Tuesday

Reliance New Energy to acquire 20% stake in US-based Caelux for $12 mn

Caelux is a research and development-oriented company in perovskite-based solar technology. Its proprietary technology enables high-efficiency solar modules that can produce 20% more energy

Torrent group to make Rs 2,900-cr bid for Reliance Nippon Life Insurance

Reliance Capital is undergoing a bankruptcy process and the administrator had sought offers for the entire company and for its various business clusters

Reliance Brands in advanced talks to acquire Sephora's India rights

Reliance Brands also recently forayed into food and beverages retail space by entering into a long-term franchise partnership with Pret A Manger - a global fresh food and organic coffee chain

How RIL quietly reinvented its investment strategy to meet new goals

Nowhere in sight two years ago, the energy vertical now accounts for over a fourth of RIL's $6.4 bn war chest while telecom's share in dipping and retail has clearly become a laggard

Tatas to invest $90 bn in India in 5 years; focus on new industries

The investment by the Tata group is a shift in its strategy to focus more in the home markets instead of international markets where the group lost money

Reliance Jio adds 2.94 mn subscribers, Bharti Airtel 0.5 mn: Trai

Overall, the country added 0.7 million new telecom subscribers in July, lower than the 2.22 million new subscribers in June

Reliance on a buying spree to achieve its renewable energy goals

In AGM 2022, Ambani said that they would "accelerate" the company's commitment to investing Rs 75,000 crore towards establishing a New Energy manufacturing ecosystem in Jamnagar

Reliance Infrastructure files Rs 13K-crore claim in Adani power deal

Reliance cited a breach of a December 2017 share purchase agreement relating to the transfer of its Mumbai power distribution business to Adani Transmission

Reliance can explore reorganising company to list subsidiaries: Report

Management and shareholders may consider a reorganisation of company to achieve three mutually linked objectives of structure, succession and segregation, says a report by Kotak Institutional Equities

As RIL announces big capex plans, analysts fear dent in return ratios

Speaking at the AGM, Mukesh Ambani announced plans to invest Rs 2 trillion in set-up a nationwide fifth generation (5G) mobile network by the end of next year

Remember Campa Cola? It is set to return as Reliance Retail acquires brand

Reliance acquired Campa from Delhi-based Pure Drinks Group for around Rs 22 crore. It is expected to relaunch the drink in its iconic cola, lemon, and orange flavour in October