JioCinema unveils premium pricing in India, begins streaming ‘Succession’, ‘The Last of Us’

‘Succession’, ‘The Last of Us’ Indian billionaire Mukesh Ambani’s streaming platform JioCinema announced premium pricing of 999 Indian rupees ($12) a year, its first step to move away from a free content model to fight global rivals such as Netflix and Disney in the country. The move comes weeks after a Reliance’s Viacom18 struck a […]

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Reliance re-auctions gas in line with new govt rules

Reliance Industries Ltd and its partner BP PLC have re-launched an auction for sale of natural gas from their eastern offshore KG-D6 block after incorporating the government’s new marketing rules to give CNG-selling city gas companies first priority over supplies. Reliance and its partner BP Exploration (Alpha) Ltd (BPEAL) will sell 6 million standard cubic […]

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Future Enterprises admitted for insolvency

Image for representational purpose only. | Photo Credit: Reuters After Future Retail, another Kishore Biyani company Future Enterprise has been admitted to insolvency resolution, requiring the firm to be auctioned to recover unpaid dues. In a regulatory filing, Future Retail said the Mumbai bench of the National Company Law Tribunal on March 7 “ordered the […]

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Reliance to set up 10-gigawatt solar energy project in A.P.: Mukesh Ambani

Chief Minister Y.S. Jagan Mohan Reddy shares a lighter movement with the MD of Reliance group Mukesh Ambani at the inaugural session of the Andhra Pradesh Global Investors’ Summit in Visakhapatnam on March 3, 2023. | Photo Credit: K.R Deepak Reliance Industries Chairman Mukesh Ambani on Friday said his group will be investing in Andhra […]

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LIC’s move to sell Reliance Capital’s debt to ARC upsets lenders, bidders

Life Insurance Corporation of India (LIC) logo | Photo Credit: Reuters Days ahead of the deadline to submit binding bids, LIC’s move to sell its ₹3,400 crore secured principal debt of cash-strapped Reliance Capital Ltd (RCL) to an asset reconstruction company (ARC) has irked its lenders and bidders. The last date for submitting binding bids […]

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Reliance JioBook goes on sale in India: Here’s why this budget laptop is different

Reliance, after entering the mobile phone market, expanded its presence further by making its debut in another product category. The Mukesh Ambani-owned company launched its first laptop in India last week in the sub-Rs 20,000 segment. This isn’t your usual Windows laptop though, or even a Chromebook, because it runs a custom flavour of Android […]

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Mid-course changes in gas pricing to delay investments: Reliance

‘The mid-course changes through price caps not just go against pricing and marketing freedom contracts and government policy promises to companies but also add to uncertainty to a fiscal regime which would impact investments’ ‘The mid-course changes through price caps not just go against pricing and marketing freedom contracts and government policy promises to companies […]

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Reliance seeks repeat of phone success with $184 laptop: Sources

The JioBook, which will be embedded with a 4G sim card, will be available to schools and government institutes from this month, while a consumer launch is anticipated within the next three months The JioBook, which will be embedded with a 4G sim card, will be available to schools and government institutes from this month, […]

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Reliance Retail launches new premium fashion and lifestyle brand AZORTE

AZORTE offers wardrobe must-haves for fashion-forward customers of new India, said the CEO of Reliance Retail AZORTE offers wardrobe must-haves for fashion-forward customers of new India, said the CEO of Reliance Retail The mid-premium fashion segment is one of the fastest growing consumer segments, as millennials and Gen-Z are increasingly vying for the latest of […]

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Reliance acquires Shubhalakshmi Polyesters for ₹1,592 crore

The acquisition will strengthen the textile manufacturing business of Reliance. The acquisition will strengthen the textile manufacturing business of Reliance. Billionaire Mukesh Ambani’s Reliance Industries Ltd has acquired polyester chips and yarn manufacturer Shubhalakshmi Polyesters Ltd for ₹1,592 crore, the company said in a stock exchange filing. “Reliance Petroleum Retail Ltd (under name change to […]

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