Tag: Reliance Industries Limited

RIL Acquires Majority Stake In US-Based SkyTran Inc
RIL Acquires Majority Stake In US-Based SkyTran Inc

Mumbai: Reliance Strategic Business Ventures Limited (RSBVL), a wholly-owned subsidiary of Reliance Industries Limited (RIL), announced on Sunday that it has acquired majority stake in its investee company skyTran Inc for a consideration of $26.76 million. With this transaction, RSBVL has increased its shareholding to 54.46 per cent on a fully diluted basis, RIL said […]

Mukesh Ambani Hails PM Modi's Leadership In Emergence of New India
Mukesh Ambani Hails PM Modi's Leadership In Emergence of New India

Gandhinagar/New Delhi: Reliance Industries Limited’s Chairman Mukesh Ambani on Saturday said hailed the passionate and dynamic leadership of Prime Minister Narendra Modi. He said, PM Modi has made the world sit up and take notice of the emergence of a New India. Ambani while addressing a convocation ceremony of Pandit Deendayal Petroleum University (PDPU) virtually […]

RIL-&-Network-18
RIL To Merge Media, Distribution Businesses Into Network18

New Delhi: Reliance Industries on Monday announced consolidation of its all media and distribution businesses under one umbrella brand ‘Network18’. Under the scheme of arrangement, TV18 Broadcast, Hathway Cable & Datacom and Den Networks will merge into Network18 Media & Investments, which will be an integrated media and distribution company with a revenue of Rs […]

RIL
RIL acquires global toy firm Hamleys for Rs 620 crore

Mumbai: In a bid to become a dominant player in the global toy retail industry, Mukesh Ambani-led Reliance Industries Limited (RIL) on Thursday announced it has acquired iconic British toy retailer Hamleys from Chinese fashion wear firm C Banner International. The company acquired “Hamleys Global Holdings Limited (HGHL) for a cash consideration of GBP 67.96 […]