(Reuters) – India’s Reliance Industries is investing $200 million in Glance, a lock screen content company backed by Alphabet and owned by ad-tech firm InMobi, to bring the service to new Jio smartphones this year, the companies said on Monday. The investment, made through Reliance’s Jio Platforms unit, values Glance […]
Reliance
© Reuters. FILE PHOTO: A bird flies past a Reliance Industries logo installed on its mart in Ahmedabad, India January 16, 2017. REUTERS/Amit Dave/File Photo By Yuvraj Malik (Reuters) – India’s Reliance Industries is investing $200 million in Glance, a lock screen content company backed by Alphabet (NASDAQ:) and owned […]
Stock market closing Indian shares closed lower on Monday, as losses in heavyweight Reliance Industries over a delay in launching its low-cost smartphone, outweighed sharp gains in Coal India. The blue-chip NSE Nifty 50 index closed 0.08% lower at 17,355.30, and the benchmark S&P BSE Sensex fell 0.22% to 58,177.76. […]
BENGALURU (Reuters) – Indian conglomerate Reliance Industries delayed the launch of a low-cost smartphone it is developing with Google to November, citing an industry-wide semiconductor shortage. The “ultra-affordable” smartphone, developed jointly by Reliance’s telecom arm and Google, was set to be rolled out from Sept. 10. Companies globally are tackling […]
The existence of smartphones has modified social and work expectations so that 24-hour availability is now often considered the norm. Credit: Shutterstock Through social distancing mandates, lockdown measures and restrictions on gatherings and services, the pandemic has brought about widespread changes to how modern societies function. And everyone has become […]
© Provided by CNBCTV18 Amid the global push for alternate sources of energy, Reliance Chairman Mukesh Ambani said Reliance Industries will by 2030 create or enable capacity to generate at least 100 gigawatts of electricity from renewable sources, which can be converted into carbon-free green hydrogen. “Green hydrogen is zero-carbon […]
© Provided by The Financial Express RIL has already begun work on developing the Rs 60,000-crore Dhirubhai Ambani Green Energy Giga Complex on 5,000 acres in Jamnagar, which will include manufacturing units for solar cells and modules, a battery unit for energy storage, a fuel cell-making factory and an electrolyser […]
© Provided by CNBCTV18 dir=”auto”>Mukesh Ambani-led Reliance Industries is planning to acquire the REC Group, the largest solar panel manufacturer in Europe, from state-run China National Chemical Corp (ChemChina). The acquisition is expected to cost $1-1.2 billion, said an Economic Times report. The REC Group, which is registered in Singapore […]
Google has become the latest high-profile firm to back India’s Reliance Jio Platforms. The search giant is investing $4.5 billion for a 7.73% stake in the top Indian telecom network, Reliance Industries chairman Mukesh Ambani said on Wednesday. The investment today from Google is one of the rare instances when […]
Click here to read the full article. Google has reached an agreement to purchase a 7.73% stake in Indian telecommunications giant Jio Platforms, a subsidiary of Reliance Jio, for $4.5B, pending regulatory review. The move marks the company’s first investment as part of its $10B Google for India Digitization Fund, […]