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Reliance Industries Limited is an Indian ... the company and overseas share transactions by shell companies, and the botched attempt to acquire Larsen ...
In 2020, Reliance Retail acquired a 96% stake in Urban Ladder for ₹ 182 crore. [50] [51] 5 Addverb Addverb is a Noida-based robotics company in which Reliance Retail bought a 55% stake for $132 million in 2021. [52] 6 Amante Amante is a retailer and wholesale distributor of lingerie in India and Sri Lanka, acquired by Reliance Retail in 2021 ...
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 ...
DEN Networks Limited is an Indian cable television and broadband service provider company in India. It is owned by Sameer Manchanda and was acquired by Reliance Industries in 2018 along with Hathway. [4] In 2003, it stood as one of the three major cable distributors in India alongside Hathway and InCablenet. [5]
NEW DELHI/LOS ANGELES (Reuters) -India's top conglomerate Reliance Industries and Walt Disney on Wednesday announced the merger of their India TV and streaming media assets, creating an $8.5 ...
UPDATED: India’s National Company Law Tribunal (NCLT) Mumbai Bench approved the high-profile merger between Reliance Industries Limited’s (RIL) media arm and Disney’s Indian entertainment ...
In March 2023, it was announced that, in separate agreements, Sintex Industries Ltd. (SIL) and Sintex Plastics Technology Limited were acquired by Reliance Industries (RIL) and Welspun Group, respectively. After completing the purchase, RIL now holds 70% of SIL's share control and will manage the company jointly with Assets Care ...
The acquisition occurred by maneuvering a complex deal through the Independent Media Trust (IMT), set up by Reliance Industries to issue a loan for the debt encumbered Network18 in 2012. [ 26 ] [ 47 ] It resulted in Reliance receiving 78% of the shareholding, [ 47 ] and as of 2019, the conglomerate holds 73.16% of the shares.