Page 122 - Reliance Industries

New hiring at RIL starts tapering, standalone employee count declines

According to data RIL collates on its website, the company's number of employees in FY20 at a standalone level declined 9 per cent year-on-year

Reliance Industries becomes first Indian firm to top $200 bn market cap

TCS is a distant second with market cap of $119 bn; Meanwhile, Mukesh Ambani cements his place as richest man in Asia, seventh-richest globally. His wealth surged by $24.4 bn this year to $83 billion

Reliance said to offer 40% stake in retail unit to Amazon for $20 bn

Reliance Industries Ltd is reported to have offered a 40 per cent stake in its retail arm worth about $20 billion to Amazon.com, Inc

Reliance Industries shares up 8.5%; market valuation touches nearly $200 bn

Continuing its rally, shares of Reliance Industries Ltd on Thursday zoomed 8.5 per cent and the company's market valuation rose to $199.64 billion in late afternoon trade

Stake sale in retail arm to help RIL to pursue growth initiatives: Analysts

RIL stake sale in retail arm will enable it to pursue other growth initiatives while maintaining zero net debt status and also help solidify its position in the market, global rating agencies said

Top headlines: RIL offers Amazon stake in retail arm, SC relief on NPAs

From Reliance reportedly in talks to sell stake in retail to Amazon, IAF inducting Rafales to Serum Institute pausing Covid vaccine trial, Business Standard brings you top news of the evening

Reliance Industries hits record high; m-cap crosses Rs 15 trillion mark

The stock has gained 10 per cent in the past two trading days after Silver Lake on Wednesday agreed to invest Rs 7,500 crore ($1 billion) into Reliance Retail Ventures (RRVL).

MARKET: Sensex ends 646 pts higher as RIL jumps 7%; Nifty settles at 11,449

All that happened in the markets today

Middle East funds eye stakes worth over $750 mn in Reliance Retail: Report

The discussions come as Reliance earlier in the day said US private equity firm Silver Lake Partners will invest $1.02 billion in its retail business

Reliance Industries: Retail valuations may cap near term upsides for stock

The investment for a 1.75 per cent equity stake values the retail business at Rs 4.21 trillion

Spike in sovereign wealth funds' Indian market holding belies sell-off buzz

Holdings in Indian equities are higher now than before the pandemic took hold

Taking all shelf space: Why Reliance Retail will be a tough act to follow

Reliance Retail is everywhere, and its consumers can do just about everything - entertainment to payments and financial product purchase - that business model is hard to emulate, writes Arvind Singhal

KKR in advanced talks to invest $1 billion for stake in Reliance Retail

KKR is in discussions for a stake in Reliance Retail Ventures Ltd., a unit of the largest retailer in India, said the people, who asked not to be identified because the information isn't public

RIL gains 1% as Silver Lake to invest Rs 7,500 crore in Reliance Retail

This investment values RRVL at a pre-money equity value of Rs 4.21 trillion

Silver Lake to invest Rs 7,500 cr in Reliance Retail for 1.75% equity

The investment in Reliance Retail comes a day after it led a $500 million funding round for Byju's that valued the Indian online education platform at around $10.8 billion

Top headlines: Rating firms cut GDP forecast, hiring outlook at 15-year low

Global rating and research houses, such as Fitch and Goldman Sachs, have cut their estimates for growth in India's GDP for the current fiscal 2020-21.

MARKET: Sensex erases day's gains, ends 52 pts lower; Bharti Airtel dips 3%

All that happened in the markets today

Top headlines: Panel identifies 26 stressed sectors; RIL taps Facebook, KKR

From rebranding of Vodafone Idea to India successfully testing hypersonic technology, here are top headlines this morning

Reliance Industries taps Facebook, KKR for investment in retail biz

Silver Lake Partners reportedly eyeing stake worth $1 billion in Reliance Retail

India Inc heaves sigh of relief as Kamath panel identifies key sectors

The report has identified power, construction, steel, retail and real estate sectors among 26 sectors that need relief