Search results
Results from the WOW.Com Content Network
The share prices [129] of RIL were impacted by some margin when this news broke out. In 2005, after a bitter public feud between the brothers over the control of the Reliance empire, mother Kokilaben intervened to broker a deal splitting the RIL group business into two parts. [130] In October 2005, the split of Reliance Group was formalised.
Reliance Group (stylized as ReLIΛNCe) is an Indian conglomerate, headquartered in Mumbai, India. The company, which was formed after Dhirubhai Ambani's business was divided up, is headed by his younger son Anil Ambani. [1] Reliance Group has five listed companies, Reliance Power, Reliance Infrastructure, Reliance Home Finance, and Reliance ...
In 2024, Jio Financial Services established a subsidiary called Jio Leasing Services Ltd, an unrelated leasing services business. [14] The subsidiary signed a $4.4 billion deal with another promoter-owned company, Reliance Retail for leasing routers. [15] Some commentators saw this deal as a way to prop up the revenue of Reliance Retail. [16]
This artificial intelligence (AI)-driven tech giant has gained 2,150% since its IPO.
Reliance Jio has introduced a budget-friendly 4G phone called Jio Bharat at an affordable price of ₹999. The phone's sales commenced on 7 July 2023, and Reliance Jio aims to eliminate 2G technology from India through the widespread adoption of this device. The Jio Bharat Phone is specifically targeted towards individuals who are unable to ...
Its share price has increased 455% since August 2021, making it the second-best performing ... The company will reset its share price with a 10-for-1 stock split in ... (ended July 2024). Revenue ...
In October 2024, Reliance Infrastructure board has approved raising of $350 million (Rs 2,930 crore) through ultra-low cost 10-year maturity unsecured foreign currency convertible bonds (FCCBs). The board also approved the employees stock option scheme (ESOPs), which will provide a grant of up to 26 million equity shares of value of over Rs 850 ...
The company's consistent performance has fueled its rising share price. Broadcom stock has gained 167% since the start of last year -- which marked the widespread use of generative AI .