As the oil-to-telecom giant founded by billionaire Mukesh Ambani prepares for an IPO for its retail division, Reliance Industries Ltd. is moving all of its consumer products brands to a new wholly owned company. According to a June 25 National Company Law Tribunal order, the brands—which include clothing, fashion,
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Reliance Industries Limited (RIL) is an Indian organization headquartered in Mumbai, India. Founded by Dhirubhai Ambani, the present Reliance Industries CEO is his son Mukesh Ambani. Reliance has its entities across domains like vitality, petrochemicals, materials, common assets, retail, and broadcast communications. Reliance is one of the most prominent businesses
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Isha Ambani, the eldest child of India's richest man, Mukesh Ambani, and coheir to India's largest conglomerate, Reliance Industries, is more than just a billionaire's daughter. Coming from a prominent business family that has shaped India’s economy, Isha could have easily stepped into
The non-bank financial company Jio Financial Services Ltd (JFSL), which is a subsidiary of Reliance Industries, has been in the news recently. The Department of Economic Affairs, Ministry of Finance, authorised JFSL to raise the foreign investment limit to 49% of its total stock on a fully diluted basis, which
In their most recent attempt to secure the approval of the competition watchdog for the merger of Star India and Viacom18, Reliance Industries Ltd (RIL) and Walt Disney are reportedly considering proposing a two-year freeze on advertising rate cards to the Competition Commission of India (CCI). With an eye towards
According to a media report, Reliance Industries (RIL), the parent company of Star-Viacom18, is considering limiting itself to JioCinema as its only over-the-top (OTT) platform following the merger, subject to regulatory approvals. RIL is considering over a combination between Disney+ Hotstar and JioCinema, even though the former has more downloads.
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Television, Radio, Cinema, Newspapers, Magazines and internet-based Websites and Portals are all various arms of the Indian Media – among the oldest in the world. Out of the 880 satellite TV channels, more than 380 are news channels, several among them relaying current affairs 24x7. However, a large number of media
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It is pretty apparent that Indians love cricket, and millions of Indians look forward to this specific cricket event every summer. And if you're a fellow cricket lover, you'll understand what we're talking about. The Indian Premier League, or IPL, is one of India&
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In April 2020, Reliance Industries Ltd launched JioMart, an e-commerce website on the Jio platform. JioMart is an online grocery shop that delivers 50,000+ grocery items at a discount to your home via a fast delivery system. It is based on a demand-driven model. The website began operations in
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Reliance Industries which is led by Mukesh Ambani has recorded a rise in its profit of up to 35%. Reliance is one of the leading companies in the oil and telecom sector in the country. The telecom sector has been growing under the brand name Jio and had created a
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The rise of the second wave of Covid 19 in India has led to a lot of infections and an increased demand for oxygen across the country. Many states have reported that there is a lack of oxygen in the hospitals and there are a lot of patients in requirement
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There was a recent news headlines which said SEBI has slapped INR 25 crore fine on Ambani's due to the 2000 case over the allegation of violation of the takeover code regulations. Let’s look at the below article to get a clear understanding about the regulation and