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Reliance, US firm complete deal to set up electronics manufacturing venture

Reliance Strategic Business Ventures Limited (RSBVL) will hold 50.1 per cent equity stake in the joint venture while Sanmina will have 49.9 per cent shareholding.

RSBVL, a subsidiary of Reliance Industries, had a revenue of <span class='webrupee'>₹</span>1,478.1 crore (USD 194.9 million) and a net profit of <span class='webrupee'>₹</span>179.8 crore for the year ended March 2022.(Reuters representative image)
RSBVL, a subsidiary of Reliance Industries, had a revenue of 1,478.1 crore (USD 194.9 million) and a net profit of 179.8 crore for the year ended March 2022.(Reuters representative image)
Published on Oct 04, 2022 04:56 PM IST

Reliance can explore reorganising company to list subsidiaries: Report

India's most valuable company has three distinct businesses -- oil refining and petrochemicals business house in oil-to-chemicals (O2C) unit, digital business including telecom and retail.

Reliance Industries Ltd can explore reorganisation of the company into three independent entities for different business verticals.(Reuters)
Reliance Industries Ltd can explore reorganisation of the company into three independent entities for different business verticals.(Reuters)
Published on Sep 11, 2022 05:15 PM IST

Reliance considers $5.7 billion offer for T-Mobile Netherlands

The company is tying up funds to make the purchase in a month.

Jio Platforms Ltd, a unit of Reliance Industries, holds the digital services businesses, including Reliance Jio Infocomm.(Reuters | Representational image)
Jio Platforms Ltd, a unit of Reliance Industries, holds the digital services businesses, including Reliance Jio Infocomm.(Reuters | Representational image)
Published on Sep 06, 2021 03:16 AM IST

Future seeks urgent hearing on RIL deal

Appearing for the group companies, senior advocates Harish Salve and Mukul Rohatgi requested Chief Justice of India (CJI) NV Ramana to hear the appeal preferably on September 9—a week before the Delhi high court is set to consider initiating compliance proceedings.

The legal battle could well decide the future of the Indian retail landscape.(Representational image)
The legal battle could well decide the future of the Indian retail landscape.(Representational image)
Published on Sep 04, 2021 05:07 AM IST

No other option for businesses but to go green: Mukesh Ambani

“We have no option as a society, as a business, but to really adopt a sustainable business model,” the RIL chairman and managing director said at the start of the three-day Qatar Economic Forum.

Sustainability is a prerequisite for every business to survive, and this means transforming businesses, Mukesh Ambani said.(Mint)
Sustainability is a prerequisite for every business to survive, and this means transforming businesses, Mukesh Ambani said.(Mint)
Published on Jun 22, 2021 12:37 AM IST
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