Reliance

Top CEO in India: Leaders of the Biggest Companies

Top CEO in India: Leaders of the Biggest Companies

The highest rank for a corporate professional is Chief Executive Office which we formally abbreviate as CEO. The top CEO in India receives a ten-digit salary. As the highest position holder in an organisation, a CEO is responsible for executing plans, business strategies, and policies of an organisation. Overall, a CEO is the one who…

Swiggy Crossed $10.7 Billion Valuation After Raising $700 Million in Invesco

Swiggy Crossed $10.7 Billion Valuation After Raising $700 Million in Invesco

Food delivery giant, Swiggy, has raised $700 million in Invesco and crossed a $10.7 bn valuation, according to the sources.   Swiggy’s latest valuation is almost double to Zomato before the latter went for its initial public offering. Zomato was valued at $5.4 billion before its IPO. With this new funding, Swiggy also came closer to…

Reliance Retail Acquires 54% Shares in Addverb For ₹ 983 Cr.

Reliance Retail Acquires 54% Shares in Addverb For ₹ 983 Cr.

Reliance Retail Venture Ltd., the retail unit of Reliance Industries Ltd., has now acquired 54% stakes in Robotic Company, Addverb Technologies for ₹ 983 Cr. ($ 132 million approximately). Before this, Reliance has picked 25.5% stacks worth in Dunzo for $240 million.  With this, the company is expecting business extension in Europe and US and…

Reliance Retail Buys 25.8% Stakes in Dunzo Worth $240 Million

Reliance Retail Buys 25.8% Stakes in Dunzo Worth $240 Million

Reliance has picked 25.5% stakes worth $240 million in Dunzo – a Google-backed hyperlocal delivery startup, as the largest Indian retail chain expands to the instant commerce space.  Dunzo is a six-year-old startup that operates an eponymous hyperlocal delivery service in seven cities of India including Delhi, Bengaluru, Gurugram, Pune, Chennai, Mumbai, and Hyderabad. Its…

Jio-BP To Partner With Mahindra For Low-Carbon EV, Signs MoU

Jio-BP To Partner With Mahindra For Low-Carbon EV, Signs MoU

Jio-BP and Mahindra Group have teamed together to investigate battery swapping technologies for electric three-wheelers, as well as Mobility as a Service (MaaS) and Battery as a Service (BaaS). Reliance BP Mobility Limited (RBML), which operates under the Jio-BP brand, signed a non-binding Memorandum of Understanding (MoU) with the Mahindra Group today. With this MoU,…

RIL Partners With Abu Dhabi Chemical Firm For A $2 B Venture

RIL Partners With Abu Dhabi Chemical Firm For A $2 B Venture

The state-owned chemicals derivatives firm (TA’ZIZ) of Abu Dhabi and Reliance Industries, headed by billionaire Mukesh Ambani, have agreed to create a $2 billion chemical manufacturing cooperation in Ruwais, Abu Dhabi. According to a regulatory filing made today to the stock markets by Reliance Industries, the joint venture, known as ‘TA’ZIZ EDC & PVC,’ would…

Dhirubhai Ambani Success Story: The Man Who Rose From Ashes

Dhirubhai Ambani Success Story: The Man Who Rose From Ashes

“If you don’t build your dream, someone else will hire you to help them build theirs.”  This Dhirubhai Ambani quote is so inspiring and motivational that it constantly forces us to get up and chase our dreams. Today we will talk about the most inspiring success story of the man who rose from ashes –…

What is System Interrupts? How to Solve it Quickly and Easily?

What is System Interrupts? How to Solve it Quickly and Easily?

If you’re reading this post, that means you must be looking for the answer for ‘what is System Interrupts’. If this is so, your search  ends here. This post will resolve your query and also help you with the solution to fix this problem. Without further delay, let’s answer the question ‘What is System Interrupts?’. …

Reliance New Energy Solar to Buy 40% Stakes in Sterling and Wilson Solar

Reliance New Energy Solar to Buy 40% Stakes in Sterling and Wilson Solar

On Monday, Reliance Industries (RIL) shares hit a new high after Reliance New Energy Solar LTD announced the acquisition of two companies, intensifying its drive into green energy. Nifty rocketed to a new high of 18,000, after gains in index heavyweights RIL and banks. Mukesh Ambani’s conglomerate, RIL made two purchases over the weekend, including…

India’s MCap Increases By 2x In 18 Months, Escalates To 3.5 Trillion

India’s MCap Increases By 2x In 18 Months, Escalates To 3.5 Trillion

The strong bull run revives the stress that investors had in late March when global investors were frightened about the economic setbacks due to the Covid-19 pandemic surging to the market. India’s Market Capitalization jumps over 3.5-trillion—almost double from about 1.3-trillion then in March. Several factors contributed to this record-breaking history in the global market,…