Reliance to buy out 50 per cent stake in IMG-R
Billionaire Mukesh Ambani’s Reliance Industries Ltd (RIL) has agreed to buy out IMG Worldwide LLC from their sports management joint venture named IMG Reliance for Rs 52.08 cr. Continue Reading
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RIL’s retail arm receives Rs 5,550 cr from KKR
Reliance Industries Ltd (RIL) on Thursday said it has received Rs 5,550 crore from global investment firm KKR, which has picked up 1.28 per cent stake in its retail arm. Continue Reading
RIL’s retail arm receives Rs 7,500 cr from Silver Lake
Mukesh Ambani’s Reliance Industries Ltd (RIL) on Saturday said it has received Rs 7,500 crore from US private equity firm Silver Lake Partners, which has picked up 1.75 per cent stake in its retail arm. Continue Reading
RIL offers up to 40% stake in Reliance Retail to Amazon
Reliance Industries Ltd (RIL) has offered up to 40 per cent stake in its subsidiary Reliance Retail Ventures Ltd (RRVL) to Amazon.com Inc. for about $20 billion. Continue Reading
Mukesh Ambani in talks to buy several retail ecommerce firms
Mukesh Ambani is looking to expand his retail footprint by acquiring several ecommerce players. Continue Reading
Amazon eyes 9.9% stake in Reliance retail
Amazon.com Inc is in talks to buy a 9.9% stake in the retail arm of conglomerate Reliance Industries Ltd, an agency citing a media report said on Thursday. Continue Reading