Last Updated : Friday, July 3, 2020 17:06:02

News of Surat in Gujarat

RIL’s JIO Platforms sells 0.39% stake to INTEL CAPITAL for 19 bln INR

MUMBAI / RAJKOT – In a regulatory filing as submitted to the Indian Stock Exchanges, Mukesh Ambani led Diversified Indian Conglomerate Reliance Group’s flagship company Reliance Industries Ltd said of Intel Capital, investment arm of Intel Corporation having invested 19 billion (~1,894.50 crore) rupees in Jio Platforms inturn acquiring 0.39% equity stake in the Jio

SAUDI ARABIAN money pours in RIL’s JIO, buys 2.32% stake paying 114 bln INR

MUMBAI / RAJKOT – In a regulatory filing as submitted to the Indian Stock Exchanges, Mukesh Dhirubhai Ambani led Diversified Indian Conglomerate – Reliance Group’s flagship company Reliance Industries Ltd said of public investment fund (PIF) having invested 113.67 billion (~11,367 crore) rupees in Jio Platforms Ltd acquiring 2.32% equity stake on fully diluted basis

IEX launches India’s 1st Gas Trading Platform, IGX (INDIAN GAS EXCHANGE)

NEW DELHI / MUMBAI / RAJKOT – In a regulatory filing as submitted to the Indian Stock Exchanges, online electricity trading platform and a electric utilities sector company Indian Energy Exchange (IEX) Ltd said of having launched the India’s first online Gas Trading platform – IGX (Indian Gas Exchange) to transform the Indian Gas Market,

RADIO City becomes No.1 Radio Station in Mumbai, Delhi, Bengaluru

MUMBAI / RAJKOT – In a regulatory filing as submitted to the Indian Stock Exchanges, Mumbai headquartered Broadcasting & Cable TV sector company Music Broadcast Ltd said of its flagship FM Radio brand Radio City having created history, the FM services ranked as number one radio station in Mumbai, Delhi and Bengaluru, as per the

ADANI bags $6 bln (~45k Cr INR) solar project from SOLAR ENERGY CORP

DALLAS / BRISBANE / AHMEDABAD / MUMBAI / RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Ahmedabad headquartered Gautam Adani led Diversified Indian Conglomerate Adani Group’s green energy arm Adani Green Energy Ltd said of having won world’s largest and first of its kind of single investment solar manufacturing linked

L&T-made part Installed @ World’s Largest Nuclear Fusion Project in FRANCE

MUMBAI / RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Mumbai headquartered Constructions & Engineering sector Indian company Larsen & Toubro Ltd said of the company manufactured major cryostat base got installed at the World’s largest Nuclear Fusion project in France. In a press-release titled, “L&T-made Major Cryostat Base Installed

ABU DHABI INV AUTHORITY buys 1.16% stake in RIL’s JIO paying 57 bln INR

MUMBAI / RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Mumbai headquartered Mukesh Ambani led Diversified Indian Conglomerate Reliance Group’s flagship company Reliance Industries Ltd said of Abu Dhabi Investment Authority (ADIA) having invested 57 billion (~5,683.50 crore) rupees in the company’s data & telecom arm – Jio Platforms Ltd.

SILVER LAKE & Co-Investors buy addl 2.08% stake in (RIL’s) JIO Platforms

MUMBAI / RAJKOT – In a regulatory filing as submitted to the Indian Stock Exchanges, Mumbai headquartered Mukesh Ambani led Diversified Indian Conglomerate Reliance Group’s flagship company Reliance Industries Ltd said of Silver Lake and co-investors to buy additional 2.08% stake in JIO Platforms Ltd, paying 46 billion (~4,546.80 crore) rupees. In a press-release titled,

L&T CONSTRUCTION bags Large Contract for Heavy Civil Infra Biz Vertical

MUMBAI / RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Mumbai headquartered Construction & Engineering sectorIndian major company Larsen & Toubro Ltd said of its construction arm L&T Construction having bagged large size (in range of 25 billion to 50 billion rupees ~ 2,500 crore to 5,000 crore rupees) contract

RIL’s 531 bln rupees Rights Issue get subscribed 1.59 Times @ 840 bln rupees

MUMBAI / RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Mumbai headquartered Mukesh Ambani led Diversified Indian Conglomerate Reliance Group’s flagship company Reliance Industries Ltd said of having received overwhelming response to the company’s rights issue of 531.24 billion (~53,124.20 crore) rupees, which was offered to existing shareholders, which got

L&T CONSTRUCTION converts Healthcare units into COVID19 Care Facilities

MUMBAI / RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Mumbai headquartered Construction & Engineering major Indian company Larsen & Toubro Ltd said of its construction arm L&T Constructions having converted healthcare units into COVID-19 care facilities across New Delhi, Champaran, Madhepura in Bihar, Puducherry, Diamond Harbour in West Bengal

GENERAL ATLANTIC acquires 1.34% stake in (RIL) JIO PLATFORMS @ 66 bln INR

MUMBAI / RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Mumbai headquartered Diversified Indian Conglomerate Mukesh Ambani led Reliance Group’s flagship company Reliance Industries Ltd said of General Atlantic, a leading global equity firm having invested 66 billion (~6,598.38 crore) rupees in Jio Platforms Ltd. In a press-release titled, “GENERAL

Amidst Lockdown RADIO CITY entertains, witnesses 280% surge in social media

MUMBAI / RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Mumbai headquartered broadcasting & cable sector Indian company Music Broadcast Ltd said of its FM (Frequency Modulation) radio venture Radio City having entertained viewers and listeners through various digital initiatives amidst lockdown and the FM Radio brand witnessed 280% surge

Tech Investment Giant SILVER LAKE to invest 57 bln INR in RIL JIO Platforms

MUMBAI / RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Mumbai headquartered Mukesh Ambani led Diversified Indian Conglomerate Reliance Group’s flagship company Reliance Industries Ltd said of Silver Lake to invest 56.56 billion (~5,655.75 Crore) rupees in Jio Platforms acquiring Ltd acquiring 1.15% stake at an equity value of 4.9

INDIA GATE BASMATI collaborates with ZOMATO, SWIGGY for home deliveries

NEW DELHI / MUMBAI / RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, packaged food selling Indian company KRBL Ltd (INDIA GATE BASMATI RICE) said of having collaborated with Zomato and Swiggy for doorstep delivery of products during lockdown. In a press-release titled, “India’s biggest Basmati Rice brand INDIA GATE

Facebook invests 436 bln INR in (RIL) JIO PLATFORMS, acquiring 9.99% stake

MUMBAI / RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Mumbai headquartered Mukesh Ambani led Indian Diversified Conglomerate – Reliance Group’s integrated oil & gas arm and parent company Reliance Industries Ltd said of Facebook Inc., having invested 436 billion (~43,574 crore) rupees in Jio Platform Ltd, acquiring 9.99% stake,

Do NOT follow this link or you will be banned from the site!