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He added that the partnership with Reliance is not a contract based but one based on “trust and relationship”. | Photo: Shutterstock Global supermajor BP Plc’s exclusivity with Reliance Industries Ltd has ended but the energy giant will continue to pursue oil and gas as well as mobility ventures in India with the Mukesh […]
NEW DELHI: Global supermajor BP plc’s will continue to function in India with Mukesh Ambani’s owing to an unwritten strategic partnership even after its exclusivity with Reliance Industries Ltd has ended. BP’s outgoing India head Sashi Mukundan said that the energy giant had spent $7.2 billion to acquire 30 per cent interest in 23 oil […]
The Indore-based company entered into an agreement with Reliance Retail a couple of months back. (Photo: Shutterstock) 3 min read Last Updated : Sep 29 2024 | 1:29 PM IST Candytoy Corporate, one of the leading manufacturers of candy toys, has partnered with Reliance Retail to supply confectionery toys for 1,400 stores of the […]
2 min read Last Updated : Sep 28 2024 | 10:01 PM IST On Saturday, the Ministry of Information and Broadcasting granted Reliance Industries Limited (RIL) approval for the transfer of licenses for non-news and current affairs TV channels. As a result, the channels owned by Viacom 18 Media Pvt Ltd will be transferred […]
2 min read Last Updated : Sep 26 2024 | 8:34 PM IST Reliance Retail’s fashion e-tailer AJIO will now feature Swedish fast fashion major H&M’s products on its platform. Both companies, in a joint statement on Thursday, entered into a partnership to launch H&M’s line of products on the AJIO platform. […]
2 min read Last Updated : Sep 25 2024 | 6:43 PM IST Rosa Power, a subsidiary of Reliance Power, has prepaid Rs 850 crore debt to Singapore-based lender Varde Partners as part of its efforts to clear liabilities ahead of schedule, according to a company statement. The prepayment brings Rosa Power closer […]
MUMBAI: Stock market operator Sanjay Dangi and equity investor Sanjay Kothari, both high net worth individuals, are set to infuse Rs 925 crore in Anil Ambani’s energy company, Reliance Power. The company, which made history with India’s largest IPO of Rs 11,560 crore in 2008, aims to raise a total of Rs 1,525 crore through […]
3 min read Last Updated : Sep 23 2024 | 6:28 PM IST Markets regulator Sebi on Monday imposed a penalty of Rs 1 crore on Anmol Ambani, son of industrialist Anil Ambani, for his failure to exercise due diligence while approving general-purpose corporate loans in Reliance Home Finance matter. Additionally, the regulator […]
Reliance Power (File photo) 2 min read Last Updated : Sep 23 2024 | 8:30 PM IST Anil Ambani-promoted Reliance Power (R-Power) on Monday announced that the company’s board has approved a preferential issue of equity shares worth Rs 1,525 crore, aimed at strengthening its renewable energy business and boosting its balance sheet. […]
Seema Nair, CHRO, Flipkart 2 min read Last Updated : Sep 23 2024 | 10:12 PM IST Walmart-owned e-commerce firm Flipkart has appointed Seema Nair as chief human resources officer (CHRO). In this role, she will oversee human resources for Flipkart, partnering closely with respective leaders and HR teams. “Please join me in […]
