Mukesh Ambani

Jio Finance Beta App Launched: All You Need To Know

Jio Finance Beta App Launched: All You Need To Know

Jio Financial Services launched a beta version of the Jio Finance app on Wednesday, 29 May 2024. With this app, Jio plans to offer UPI, digital banking, and loans on mutual funds. The app’s key features are instant digital account opening and streamlined bank management with the Jio payments bank account. This app also provides…

Reliance Gears Up For Viacom18 Merger & African Telecom 

Reliance Gears Up For Viacom18 Merger & African Telecom 

Reliance, led by the richest Asian man, Mukesh Ambani, is set to make big moves. The multinational conglomerate is proceeding into Africa’s mobile broadband market via a Telecoms venture. With the launch of Next-Gen InfraCo, the company’s objective is to provide top-notch digital services in Ghana at affordable prices. On the other hand, it has…

Recent Updates On The Reliance AGM 2023: Mukesh Ambani

Recent Updates On The Reliance AGM 2023: Mukesh Ambani

Mukesh Ambani,  Chairman and Managing Director of Reliance Industries, disclosed several significant measures and modifications at the Annual General Meeting (AGM) held on August 28, 2023. He mentioned India’s economic progress and emphasised that the “New Reliance” is leading the way for an evolving India. He highlighted robust growth across all Reliance’s business sectors, including…

Jio BlackRock: New Investment Solutions for India’s Investors

Jio BlackRock: New Investment Solutions for India’s Investors

BlackRock and Mukesh Ambani-led Jio Financial Services (JFS) have announced a strategic collaboration to venture into India’s asset management space. The partnership aims to create a 50:50 joint venture named “Jio BlackRock,” combining the strengths and reputable brands of both companies to provide tech-enabled access to affordable and innovative investment solutions for millions of investors…

RIL Receives RBI Approval to Retain Extra $2 Billion from Lenders

RIL Receives RBI Approval to Retain Extra $2 Billion from Lenders

Reliance Industries Limited, India’s largest conglomerate, has been granted approval by the RBI to retain an additional $2 billion from its lenders. This move by the RBI comes as a significant boost to RIL’s financial flexibility and underscores the company’s strong position in the Indian market. The approval allows RIL to retain the surplus funds…

Reliance To Launch ‘Independence’ FMCG Brand In Gujarat

Reliance To Launch ‘Independence’ FMCG Brand In Gujarat

On Thursday, Reliance announced the launch of its own Fast-moving Consumer Goods brand (FMCG) ‘Independence’ in Gujarat. With this, the company will enter the FMCG industry and sell products from staples to processed foods and other essentials.  The company plans to develop Gujarat as a ‘Go-to-market’ state to excel in the FMCG business and will…

Mukesh Ambani Plans To Buy English Football Club

Mukesh Ambani Plans To Buy English Football Club

Indian billionaire Mukesh Ambani has now entered the race to bid for the globally-renowned English Football Club Liverpool takeover. The club has been put on sale by Fenway Sports Group, the current owner, which bought it in October 2010, according to the reports.  This is not the first time Ambani is eyeing a stake in…

Reliance Launched First In-house Fashion Store, Azorte 

Reliance Launched First In-house Fashion Store, Azorte 

Mukesh Ambani continues to hold his position in the luxury market of fashion and lifestyle as Reliance Industries Ltd launched its first in-house premium fashion brand, Azorte, on Thursday in Bangalore. This new fashion brand is named Azorte and is expected to grow as a chain of stores all around the country. Billionaire’s daughter Isha…

Reliance Industries Is All Set To Acquire California-Based SenseHawk 

Reliance Industries Is All Set To Acquire California-Based SenseHawk 

Oil to telecom amalgamation Reliance Industries has final agreements with California-based software development company SenseHawk to acquire a 79.4% stake in the company. As per RIL’s official statement, the acquisition has a valuation of $32 million and will happen through primary infusion and secondary purchase.  Established in 2018, SenseHawk is a California-based company that develops…

Gautam Adani Now The World’s Third Richest Person

Gautam Adani Now The World’s Third Richest Person

Gautam Adani, Asia’s richest person, has become the world’s third richest man. With a whopping $ 137.4 billion fortune, Gautam Adani has taken over France’s businessman Bernard Arnault and now trails Elon Musk and Jeff Bezos of the US in the ranking.  It is the first time an Asian has broken into the top three…