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In November 2009, Reliance Industries issued 1:1 bonus shares to its shareholders. [citation needed] 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.
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 ...
In July 2023, it was spun-off via a demerger, [3] with shareholders of Reliance Industries receiving one equity share of Jio Financial Services for every share they held in Reliance. [6] Reliance Industries transferred Rs 15,500 crore of cash and liquid investments to Jio Financial Services as part of the demerger scheme.
Instead, Reliance will now focus on signing multiple deals with companies to produce specialty chemicals for higher margins, one of the sources said. Reliance, Aramco call off $15 billion deal ...
Independent TV originally launched as Reliance Big TV on 19 August 2008. [2] The service acquired 1 million subscribers within 90 days of launch, due to limited competition from other operators in the market. The service was later renamed to Reliance Digital TV. The operator was acquired by Pantel Technologies & Veecon Media in January 2018. [3]
Indian conglomerate Reliance will spin off and list its financial services, a move that it said will allow the oil-to-telecom giant to enter and expand into financial services such as consumer and ...
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The Jamnagar Refinery is a private sector crude oil refinery owned by Reliance Industries in Motikhavdi, Jamnagar, Gujarat, India.The refinery was commissioned on 14 July 1999 with an initial installed capacity of 668,000 barrels per day (106,200 m 3 /d).