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Reliance Industries Limited is an Indian multinational conglomerate headquartered in Mumbai, Maharashtra, India. Its businesses include energy, petrochemicals, natural gas, retail, entertainment, telecommunications, mass media, and textiles.
The Dhirubhai Ambani Green Energy Giga Complex (also known as Jamnagar Green Energy Giga Complex) [1] [2] [3] is a mega project being developed by Reliance Industries in Jamnagar, Gujarat, India. This is a fully integrated renewable energy manufacturing complex that will build gigafactories for photovoltaic panels , energy storage , green ...
The acquisition occurred by maneuvering a complex deal through the Independent Media Trust (IMT), set up by Reliance Industries to issue a loan for the debt encumbered Network18 in 2012. [26] [47] It resulted in Reliance receiving 78% of the shareholding, [47] and as of 2019, the conglomerate holds 73.16% of the shares. [80]
In May 2014, Reliance Industries announced it would be taking over Network18 Group. The move was touted as "the biggest-ever deal in the Indian media space". [3] Reliance Industries already had indirect control of the TV18 network by virtue of investments it made in Network18 starting from January 2012. [4] [5]
By 2002, Reliance had grown into a U$15 billion conglomerate. After the death of Dhirubhai Ambani on 6 July 2002, Reliance was headed by his two sons. The Reliance ADA Group was formed in 2006 after the two brothers Mukesh Ambani and Anil Ambani, split Reliance Industries in December 2005. [3] [4] Anil Ambani got the responsibility of Reliance ...
Pages in category "Reliance Industries" The following 24 pages are in this category, out of 24 total. This list may not reflect recent changes. ...
In July 2023, it was spun-off via a demerger, [3] with shareholders of Reliance Industries receiving one equity share of Jio Financial Services for every share they held in Reliance. [6] Reliance Industries transferred Rs 15,500 crore of cash and liquid investments to Jio Financial Services as part of the demerger scheme.
Firstpost is an Indian news website owned by Network18 Group, which also runs CNN-News18 and CNBC TV18. [1] [2]The Network 18 group was originally owned by Raghav Bahl.In January 2012, the group received an investment from Mukesh Ambani's Reliance Industries through a rights issue of up to ₹27,000,000,000.