Mubadala picks up 1.4 per cent stake in Reliance Retail for Rs 6,247.5 crore

The investment will add fire to Ambani's battle for dominance in the retail market that is also being eyed by Jeff Bezos' and Walmart Inc's Flipkart.

published on : 1st October 2020

US listing and a $100-billion valuation for Reliance Jio likely?

Analysts are looking at a Jio IPO listing sometime next year, which may quickly lead to a jump in its valuation to a $100-billion company and give existing investors more muscle.

published on : 6th June 2020

Reliance Industries shares hit 52-week high after Abu Dhabi's Mubadala deal

On BSE, the heavyweight stock jumped 2.38 per cent to Rs 1,617.70 -- its 52-week high. It surged 2.41 per cent to its one-year high of Rs 1,618 on NSE.

published on : 5th June 2020

Abu Dhabi based Mubadala to invest USD 1.2 billion in Jio for 1.85 per cent stake

The latest deal is the sixth since April which values Jio platforms at an equity value of Rs 4.91 lakh crore and an enterprise value of Rs 5.16 lakh crore.

published on : 5th June 2020