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In April 2019, Reliance Jio bought an 87% stake in the company in a $100 million deal. This was followed by the acquisition of Mumbai-based start-up, Buzzo.ai, that develops customizable Artificial Intelligence software for e-commerce. [24] [25] In April 2019 Reliance Jio Infocom Ltd bought an 87% stake in the company in a $100 million deal.
The deal was capped at ₹71.64 crores in cash, which holds 90.5% of the equity share capital of Funtoot. In February 2020, it acquired the rival platform OnlineTyari. [80] [81] Reliance Logistics is a single-window [clarification needed] company selling transportation, distribution, warehousing, logistics, and supply chain-related products.
Reliance Globalcom July 2005: Metro Adlabs (51% stake), 74Mn$ Reliance Entertainment Apr 2008: Lowry Digital USA, 7.5Mn$ Reliance Big Entertainment May 2008: Vanco: Reliance Globalcom Apr 2010: Codemasters UK (50% stake) Zapak Sept 2011: Bloomberg UTV (66% stake) Reliance Capital Mar 2015: Pipavav Shipyard: Reliance Infrastructure Oct 2015: MTS ...
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The ratio of unemployed workers to job openings fell to 1.07 in July, below the average seen in 2019 before the pandemic disrupted the labor market, and about in line with data from April 2018.
(For example, 500 shares at $32 may become 1000 shares at $16.) Many major firms like to keep their price in the $25 to $75 price range. A US share must be priced at $1 or more to be covered by NASDAQ. If the share price falls below that level, the stock is "delisted" and becomes an OTC (over the counter stock). A stock must have a price of $1 ...
Reliance Capital obtained its registration as a non-banking finance company (NBFC) in December 1998. It has since diversified its activities in the areas of asset management, life and general insurance, commercial finance, stock broking, private equity and proprietary investments, asset reconstruction, distribution of financial products and other activities in financial services.
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