Reliance Industries Limited said that its subsidiary Jio Platforms has received the subscription amount of ₹ 33,737 crore from Google International LLC, as part of the deal announced in July wherein Google agreed to buy a 7.73 per cent stake in Jio platform. This is the biggest-ever investment by Google in an Indian company. The…
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Petronet’s ex-CEO Prabhat Singh joins Reliance Industries
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•Prabhat Singh has joined a Reliance Industries Ltd affiliate firm, after completing a five-term term at Petronet, India’s largest liquefied natural gas importer, according to ET report. “Singh joined the business leadership team of the India Gas Solutions (IGS),” P M S Prasad, Reliance Industries executive director, said. Earlier in August, Sanjiv Singh, former Indian…
Mukesh Ambani’s Reliance Industries ventures into E-commerce
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•Reliance Industries will kick off its online retail foray starting with grocery. Mukesh Ambani’s plan to move a part of Reliance Industries’ retail division into the e-commerce space has been known for a long time. The company plans to offer express deliveries of fresh fruit and vegetables to homes in Mumbai, making it the first…