Tag: reliance industries
Dunzo: Flipkart looking to buy Reliance-backed Dunzo: report
Walmart-backed Indian e-commerce firm Flipkart has held discussions over potentially acquiring the on-demand delivery platform Dunzo, TechCrunch reported on Tuesday, citing three people familiar with…
phonepe: PhonePe among top fintech companies with $1.3 trillion total payment value: Walmart
Walmart, the world’s biggest retailer, said its digital payments firm PhonePe has a total payment value (TPV) of $1.3 trillion, equalling some of the largest…
Jio Financial Services to be listed today: Key details you need to know
Jio Financial Services (JFS), a part of the conglomerate Reliance Industries led by billionaire Mukesh Ambani, is set to make its debut on stock exchanges…
Reliance seeks shareholder nod to appoint Mukesh Ambani as head for 5 more years
Reliance Industries Ltd, India’s most valuable company, has sought shareholder’s approval to give Mukesh Ambani another five-year term as chairman and managing director of the…
Explainer: All you need to know about Reliance-Jio Financial demerger
Billionaire Mukesh Ambani’s Reliance Industries, India’s most valuable company, will demerge its financial services business on today as part of a move to unlock value….
jio financial services: Reliance’s formal entry into finserv gets fintechs jittery
An anxious lot of digital lending startups and their investors are watching from the sidelines as Jio Financial Services gets demerged from Reliance Industries. Looking…
Sensex, Nifty end at fresh high above 65k; investors richer by ₹2 lakh crore
Benchmark equity indices continued their rally on Monday, with the BSE Sensex ending above the 65,000 mark for the first time ever, propelled by a…
Jefferies’ Chris Wood increases bet on Zomato, reduces investment in ONGC
After adding Zomato to his India long-only portfolio a month ago, Jefferies’ Christopher Wood has gone a step further by increasing investment in the online…
Why has India’s corporate tax mop-up failed to match the pace of personal income-tax collection?
Back in 2010-11, India’s corporate tax mop-up was twice its personal income tax (PIT) collection. Now both are almost equal. In the past decade, the…
Reliance likely to earn $10-15 billion from new energy business by 2030: Report
Billionaire Mukesh Ambani’s Reliance Industries may by 2030 earn USD 10-15 billion from its new energy business spanning solar to hydrogen but will need acquisitions…