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Reliance Commercial Corporation was founded by Dhirubhai Ambani in 1966 as a polyester firm. It was renamed to Reliance Industries on 8 May 1973. Reliance later entered into financial services, petroleum refining, and power sector. By 2002, Reliance had grown into a U$15 billion conglomerate. After the death of Dhirubhai Ambani on 6 July 2002 ...
Bangalore-based Zivame is an online retailer of lingerie, activewear, sleepwear and shapewear for women. In 2021, Reliance Retail acquired an 85% stake in the company for ₹ 1,200 crore. [54] 8 Justdial: In 2021, Reliance Retail acquired a 66% stake in local search company Justdial for ₹ 5,710 crore (US$770.58 million). [55] 9 Milkbasket
Cash required to close reduced by over $2 million. Acquisition remains on track - anticipated to close in the second half of 2024 . LAKEWOOD, N.J., Sept. 09, 2024 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (Nasdaq: RELI; RELIW) (“Reliance”, “we” or the “Company”) today provided an update on the pending acquisition of Spetner Associates, including a significant reduction in the ...
The entertainment division will be led by Kevin Vaz, who is currently the top boss at Reliance's Viacom 18 Media. Reliance, Walt Disney close $8.5 billion merger of Indian media assets Skip to ...
In 2010, Reliance entered the broadband services market with acquisition of Infotel Broadband Services Limited, which was the only successful bidder for pan-India fourth-generation (4G) spectrum auction held by the government of India. [34] [35] In the same year, Reliance and BP announced a partnership in the oil and gas business.
NEW DELHI/MOSCOW (Reuters) -Russia's state oil firm Rosneft has agreed to supply nearly 500,000 barrels per day (bpd) of crude to Indian private refiner Reliance in the biggest ever energy deal ...
Reliance Global Group, Inc (NASDAQ:RELI) (NASDAQ:RELIW) provided an update on the pending acquisition of Spetner Associates, including a significant reduction in the upfront cash payment required ...
The acquisitions are in sync with Reliance Steel's (RS) strategy to purchase businesses that offer specialty products with high levels of value-added processing capabilities.