Saudi Arabia’s PIF and UAE’s ADIA might invest further in Jio Platforms
Reliance is presumed to sell more stakes to Public Investment Fund (PIF), Saudi Arabia based and Abu Dhabi Investment Authority (ADIA).
Reliance Industries
Reliance gets debt-free – Mukesh Ambani is now 9th richest person globally
As COVID-19 pounced the Indian stock markets, Mukesh Ambani of Reliance Industries in April lost $13.2 billion in his wealth. Fortunately, he has revived...
Reliance Industries injects INR 500 Cr in edtech startup Embibe
Reliance Industries invested INR 500 crore in the Bengaluru-based edtech startup Embibe. Back in February, Reliance invested INR 90 crore in Embibe.
Embibe – Bengaluru-based edtech startup Embibe raises INR 90 Cr from Reliance
Embibe on Monday (3 February) made the announcement of its latest funding of around 90 Cr from existing investors and shareholder Reliance Industries.
Jio Lays off 5000 Employees and workers for cost cutting
Private sector telecom giant Reliance Jio Infocomm has laid off a large number of contractual workers and some permanent workers to reduce the costs...