Reliance Industries’ (RIL) wholly-owned subsidiary — Reliance Industrial Investments and Holdings (RIIHL) has entered into an agreement for acquisition of equity shares of C-Square Info Solutions for a cash consideration not exceeding Rs 22.04 crore. RIIHL will further invest an amount of up to Rs 60 crore and is likely to be completed by March … Read more
Reliance Industries’ (RIL) telecom arm — Reliance Jio Infocomm (Jio) added a paltry 1.30 crore customers in September 2018. Following this, the company’s total customer base has increased to 25.23 crore with market share of 21.57%. Reliance Industries is India’s largest private sector company. The company’s activities span hydrocarbon exploration and production, petroleum refining and … Read more
Reliance Industries is planning to make a fresh investment of Rs 3,000 crore in Odisha. The company has emerged as one of the largest investors in the state having already invested Rs 6,000 crore in the State. Most of its investments are in creating digital infrastructure. Reliance Industries is India’s largest private sector company. The … Read more