Reliance Industries Ltd

MUMBAI: One down, five to go. Reliance Industries Limited, through its subsidiary Reliance Strategic Business Ventures Ltd (RSBVL), confirmed Wednesday that it will be acquiring the rights to own and operate a new franchise cricket team in the Emirates Cricket Board’s upcoming UAE T20 League. 

The move is the first major overseas expansion of Reliance Industries’ cricket operations in an foreign franchise-based cricket league.

Oct 14, 2021 19:10
MUMBAI: Zee Entertainment Enterprises Ltd (ZEE) MD and CEO Punit Goenka Thursday questioned its largest investor’s silence over the merger deal it had pitched in February with Reliance Industries Ltd-owned media entities, and its own lack of corporate governance while seeking to change the board of the company.
Oct 13, 2021 19:10
MUMBAI: After being outed as it by were by Zee Entertainment Enterprises Ltd's aggressive takedown of Invesco Developing Markets Fund's (ZEE's single largest investor) actions in the ongoing battle for control of the Indian media major, Reliance Industries has issued a statement clarifying its position.
Sep 30, 2021 13:09
MUMBAI: Viacom18 announced Thursday that Jyoti Deshpande, Reliance Industries Ltd president - Media Platform & Content, has been appointed as CEO of Viacom18 with immediate effect.
Jan 27, 2021 12:01
MUMBAI: Reliance Industries Ltd. announced Wednesday the rebranding of its sports & lifestyle business to ‘RISE Worldwide Limited’ as it independently ventures into the burgeoning industry in India and globally. RISE Worldwide will continue to drive the full portfolio of owned and operated brand properties formerly under the banner of IMG-Reliance Limited.
Jan 04, 2021 17:01
MUMBAI: Reliance Industries Ltd (RIL) has agreed to buy out IMG Worldwide LLC from their sports management joint venture for Rs 520.8 million. The nation's biggest corporate by market value, in a stock exchange filing on December 24, declared it will buy IMG Worldwide's 50 per cent stake in IMG-Reliance Ltd (IMG-R) for no more than Rs 52.08 crore (Rs 520.8 million) in cash.
Nov 02, 2020 15:11
MUMBAI: Reliance Industries Ltd's sports marketing joint venture IMG Reliance has won the global mandate to market Cricket Australia’s ‘Virtual Inventory’ rights, after a competitive bid process concluded recently. 
May 04, 2020 18:05
MUMBAI: Close on the heels of Reliance Jio announcing that it had offloaded a 9.99% stake to social networking giant Facebook, the telecom arm of Mukesh Ambani-controlled Reliance Industries Ltd confirmed Monday that private equity giant Silver Lake had picked up a further 1.15% stake in the telco.
Feb 25, 2020 17:02
MUMBAI: Reliance Industries Ltd chairman Mukesh Ambani on Monday hinted at what could be the next big bet for RIL in the entertainment space - online gaming. Asia's richest man, in a "fireside chat" with Microsoft Corp CEO Satya Nadella at Microsoft’s Future Decoded Summit here Monday, declared: "Gaming will be bigger than music, movies and television shows put together (in India)."
Oct 26, 2019 10:10
NEW DELHI: Reliance Industries Ltd on Friday announced that it is setting up a new subsidiary to bring all its digital initiatives under a single entity, infusing Rs 1.08 trillion equity into the new unit.