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India"s Reliance to sell $750 million stake in unit to Silver Lake, on track to cut debt
India's Reliance Industries Ltd said on Monday private equity firm Silver Lake will invest nearly $750 million in its digital arm, days after securing a $5.7 billion investment from Facebook Inc , boosting its efforts to cut debt......»»
India"s Reliance says Silver Lake to invest nearly $750 million in its digital arm
Reliance Industries Ltd said on Monday private equity firm Silver Lake will invest 56.56 billion rupees ($746.74 million) in its digital arm, giving it a valuation of 4.90 trillion rupees......»»
Facebook bets on India with $5.7 billion Reliance deal
Facebook is set to spend $5.7 billion to buy a 9.99% stake in Reliance Industries' digital arm, as it looks to roll out services for India's grocers and small businesses by capitalizing on WhatsApp's extensive reach in the country......»»
Facebook invests $5.7 billion in Reliance unit, plans digital services for Indian grocers
Facebook will spend $5.7 billion to take just under 10% of Reliance Industries' digital unit, seeking to roll out services for India's grocers and other small businesses by capitalising upon WhatsApp's already extensive reach within the country......»»
Facebook invests $5.7 billion in Reliance unit to reach small Indian grocers
Facebook will spend $5.7 billion for 10% of Reliance Industries's digital business, as the social media firm looks to leverage its popular WhatsApp messenger to offer digital payment services to small grocers in India......»»
Facebook to buy 10% stake in telco unit of India"s Reliance Industries for $5.7 billion
Facebook will buy a 10% stake in the digital business of India's Reliance Industries for $5.7 billion, as the social media firm looks to leverage its highly popular WhatsApp chat service to offer digital payment services......»»
Facebook takes $5.7 billion stake in India"s Jio Platforms
Facebook Inc. on Tuesday announced a $5.7 billion investment in India's Jio Platforms Ltd. The Indian tech company is part of Reliance Industries Ltd., and has brought nearly 400 million Indians on.....»»
Facebook invests $5.7 billion in India"s Reliance Jio
Facebook Inc announced a $5.7 billion investment in Reliance Industries Ltd's telecom unit on Wednesday, making it the largest minority shareholder in Jio Platforms Limited......»»
Exclusive: India"s Reliance seeks to sell Mideast crude cargoes in rare move
India's Reliance Industries Ltd is seeking to sell some April-loading crude cargoes in a rare move as it plans to cut crude processing after the coronavirus pandemic hit global fuel demand, four sources said on Friday......»»
Saudi Aramco to buy Reliance stake, reports 12% earnings slide
Saudi Aramco reported a 12% fall in half-year net profit on Monday, yet remained the world's most profitable company, while India's Reliance Industries said Aramco is looking to buy into its refining and petrochemicals business......»»
Reliance Industries set to bring Tiffany stores to India
India's Reliance Industries Ltd is partnering with iconic U.S.-based luxury jeweller Tiffany & Co to open a line of stores in the country, adding yet another marquee name to its growing portfolio of brands......»»
Amazon in talks to buy stake in India"s Reliance Retail: sources
Amazon.com Inc is in talks with Reliance Industries Ltd's retail unit to buy a stake in India's biggest brick-and-mortar retailer, two sources with knowledge of the talks told Reuters on Friday......»»
Amazon in talks with India"s Reliance Retail for stake purchase: sources
Amazon.com Inc is in talks with Reliance Industries Ltd's retail unit to buy a stake in India's biggest brick-and-mortar retailer, two sources with knowledge of the talks told Reuters on Friday......»»
Amazon in early talks to buy stake in India"s Reliance Retail: ET
Amazon.com Inc is in exploratory talks with Reliance Industries Ltd's retail unit to buy an up to 26% stake in India's biggest brick-and-mortar retailer, the Economic Times (ET) reported on Thursday......»»
India"s Reliance to buy Hamleys toy store chain
Reliance Industries, better known as an oil refiner, is buying UK-based toy store chain Hamleys in a deal valued at about $88.5 million. Julian Satterthwaite reports......»»
Chinese group sells Hamleys toy stores to India"s Reliance Industries
Hamleys, the world's oldest toy retailer, is set to pass from Chinese to Indian control after Reliance Industries Ltd said it had agreed to buy the British high street icon......»»
India"s Reliance Industries buys global toy retailer Hamleys
India's Reliance Industries has acquired British toy retailer Hamleys, the energy-to-telecoms conglomerate said on Thursday......»»
Reliance sends fuel from India, Europe to Venezuela to sidestep U.S. sanctions
India's Reliance Industries is selling fuels to Venezuela from India and Europe to sidestep sanctions that bar U.S.-based companies from dealing with state-run PDVSA, according to trading sources and Refinitiv Eikon data......»»
Aramco takes step to integrating petrochems into US biggest refinery
The 1.2-million bpd Reliance Industries refinery in Jamnagar, India, has the world's largest crude oil processing capacity.....»»
FedEx"d Diamonds Fueled India"s Largest Bank Fraud
Three bankrupt US firms with “direct†links to the Indian billionaire Nirav Modi were involved in transactions related to an alleged multib.....»»