Reliance Industries Limited

AMJ Hall Global Reports On Facebook Acquiring $5.7 Billion Jio Stake After Winning Regulatory Approval

Retrieved on: 
Thursday, July 9, 2020
Technology, Networks, Internet, Finance, Economy, Money, Kohlberg Kravis Roberts, JIO, Reliance Industries Limited, JIO, Private equity, Facebook

"Facebook will invest $5.7 billion in Jio Platforms via Jaadhu Holdings, which is an indirect, wholly-owned subsidiary of the social media giant," reported Peter Cross, Director of Institutional Trading at AMJ Hall Global .

Key Points: 
  • "Facebook will invest $5.7 billion in Jio Platforms via Jaadhu Holdings, which is an indirect, wholly-owned subsidiary of the social media giant," reported Peter Cross, Director of Institutional Trading at AMJ Hall Global .
  • Ambani's $65 billion Jio Platforms business has sold more than 20% in stakes to investors including Facebook and U.S. private equity companies KKR & Co., General Atlantic and Silver Lake Partners.
  • "This was the big obstacle in the way of Reliance Industries," reported Harry Jacobs, Director of Private Clients at AMJ Hall Global .
  • AMJ Hall Global helps protect the financial future of our clients by providing astute and well-researched investment solutions in mature and emerging markets.

KKR to Invest ₹ 11,367 Crore in Jio Platforms

Retrieved on: 
Friday, May 22, 2020
Finance, Banking, Energy, Professional services, Other Energy, Companies, Kohlberg Kravis Roberts, JIO, Reliance Industries Limited, JIO, Finance, Economy of India

Reliance Industries Limited (Reliance Industries) and Jio Platforms Limited (Jio Platforms), Indias leading digital services platform, announced today that KKR will invest 11,367 crore into Jio Platforms.

Key Points: 
  • Reliance Industries Limited (Reliance Industries) and Jio Platforms Limited (Jio Platforms), Indias leading digital services platform, announced today that KKR will invest 11,367 crore into Jio Platforms.
  • This transaction values Jio Platforms at an equity value of 4.91 lakh crore and an enterprise value of 5.16 lakh crore.
  • Over the last month, leading technology investors, such as, Facebook, Silver Lake, Vista, General Atlantic and KKR have announced aggregate investments of 78,562 crore into Jio Platforms.
  • For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKR's website at www.kkr.com and on Twitter @KKR_Co.

Captive Power Generation Market in India 2019-2023|High Industrial Power Tariffs to Boost Growth | Technavio

Retrieved on: 
Tuesday, February 4, 2020
Other Energy, Energy, Companies, BSE SENSEX, CNX Nifty, Economy of India, Aditya Birla Group, Hindalco Industries, Essar Group, Reliance Industries Limited

Our captive power generation market in India report covers the following areas:

Key Points: 
  • Our captive power generation market in India report covers the following areas:
    This study identifies increasing adoption of cogeneration plants as one of the prime reasons driving the captive power generation market in India's growth during the next few years.
  • Captive Power Generation Market in India 2019-2023: Vendor Analysis
    We provide a detailed analysis of around 25 vendors operating in the captive power generation market in India, including some of the vendors such as Bharat Heavy Electricals, Essar Steel, Hindalco, Jindal Steel & Power, and Reliance Industries.
  • Backed with competitive intelligence and benchmarking, our research reports on the captive power generation market in India are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
  • Captive Power Generation Market in India 2019-2023: Key Highlights
    Technavio is a leading global technology research and advisory company.

Reliance Global Group, Inc. Provides Year-End Business Update

Retrieved on: 
Monday, December 30, 2019
Economy, Companies, Finance, BSE SENSEX, CNX Nifty, Reliance Industries Limited, Reliance, Insurance

LAKEWOOD, NJ, Dec. 30, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE Reliance Global Group, Inc. (OTC: RELI) ("RELI" or the "Company"), today provided a year-end update for shareholders.

Key Points: 
  • LAKEWOOD, NJ, Dec. 30, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE Reliance Global Group, Inc. (OTC: RELI) ("RELI" or the "Company"), today provided a year-end update for shareholders.
  • Ezra Beyman, CEO of Reliance Global Group, stated, 2019 was an eventful year for Reliance Global Group.
  • We also transferred both Southwestern Montana Insurance, a group health insurance company providing employee benefits insurance to groups and individuals, as well as Fortman Insurance Agency, LLC, which provides personal and commercial insurance lines, into Reliance Global Group from the Companys affiliate, Reliance Global Holdings LLC.
  • 2020 is shaping up to be another exciting year for Reliance Global Group, and I would like to wish all our shareholders a happy and healthy New Year.

Polyester Fiber Market Demand to Hit US$190 Bn by 2026: Global Market Insights, Inc.

Retrieved on: 
Thursday, December 12, 2019
Materials, Matter, Synthetic fibers, Textiles, Plastics, Polyester, Reliance Industries Limited, Fiber

Growing incorporation of polyester fiber in home textiles and apparel coupled with rapid urbanization is the chief factor bolstering the growth of the market.

Key Points: 
  • Growing incorporation of polyester fiber in home textiles and apparel coupled with rapid urbanization is the chief factor bolstering the growth of the market.
  • Some major findings of the polyester fiber market report include:
    Booming home dcor and apparel industry in the developing countries across the world.
  • Major players operating in the polyester fiber market are Reliance Industries Limited, Sinopec and Zhejiang Hengyi, Tongkun Group, and Nan Ya Plastics.
  • These products demand exceptional strength and durability as it is used daily in residential sector, which can be catered by polyester fiber.

Polyester Fiber Market Demand to Hit US$190 Bn by 2026: Global Market Insights, Inc.

Retrieved on: 
Thursday, December 12, 2019
Materials, Matter, Synthetic fibers, Textiles, Plastics, Polyester, Reliance Industries Limited, Fiber

Growing incorporation of polyester fiber in home textiles and apparel coupled with rapid urbanization is the chief factor bolstering the growth of the market.

Key Points: 
  • Growing incorporation of polyester fiber in home textiles and apparel coupled with rapid urbanization is the chief factor bolstering the growth of the market.
  • Some major findings of the polyester fiber market report include:
    Booming home dcor and apparel industry in the developing countries across the world.
  • Major players operating in the polyester fiber market are Reliance Industries Limited, Sinopec and Zhejiang Hengyi, Tongkun Group, and Nan Ya Plastics.
  • These products demand exceptional strength and durability as it is used daily in residential sector, which can be catered by polyester fiber.

Applied DNA Sciences and Reliance Industries Sign MOU to Incorporate CertainT Forensic Traceability Into R|Elan Fabric and Recron GreenGold® Recycled Polyester Fiber and Filament

Retrieved on: 
Tuesday, December 10, 2019
Supply chain management, Fashion, Retail, Logistics, Supply chain management, Transport, Manufacturing, Textiles, Textile arts, Physical sciences, Plastics, Synthetic fibers, Thermoplastics, Textiles, BSE SENSEX, Reliance Industries Limited, Polyester, Polymerase chain reaction, Yarn, Applied DNA Sciences

Applied DNA Sciences, Inc. (NASDAQ: APDN) (Applied DNA), a leader in large-scale PCR-based DNA manufacturing and authentication, announced today that it has signed a non-binding memorandum of understanding (the MOU) with Reliance Industries Ltd. (RIL) to develop and commercialize apparel made from RILs R|Elan GreenGold fabric and Recron GreenGold recycled polyester fiber and filament powered by CertainT.

Key Points: 
  • Applied DNA Sciences, Inc. (NASDAQ: APDN) (Applied DNA), a leader in large-scale PCR-based DNA manufacturing and authentication, announced today that it has signed a non-binding memorandum of understanding (the MOU) with Reliance Industries Ltd. (RIL) to develop and commercialize apparel made from RILs R|Elan GreenGold fabric and Recron GreenGold recycled polyester fiber and filament powered by CertainT.
  • Prior to the signing of the MOU, Applied DNA and RIL had tagged recycled polyester at RILs facilities in India in successful proof-of-concept studies.
  • Under the MOU, samples will be tested both on-site and at Applied DNAs laboratory in Ahmedabad.
  • The groundwork for commercial scale-up for DNA production for manufacture of CertainT tagged staple fiber and filament yarn is underway.

Reliance Global Group, Inc. Announces LOI to Acquire Class A Multi-Family Property

Retrieved on: 
Monday, August 19, 2019
CNX Nifty, Companies, BSE SENSEX, Reliance Industries Limited, Reliance

LAKEWOOD, N.J., Aug. 19, 2019 /PRNewswire/ --Reliance Global Group, Inc. (OTC: RELI) ("Reliance," "RELI" or the "Company"), today announced it has signed a Letter of Intent (LOI) to acquire a Class A multi-family property for a purchase price of $42.5 million.

Key Points: 
  • LAKEWOOD, N.J., Aug. 19, 2019 /PRNewswire/ --Reliance Global Group, Inc. (OTC: RELI) ("Reliance," "RELI" or the "Company"), today announced it has signed a Letter of Intent (LOI) to acquire a Class A multi-family property for a purchase price of $42.5 million.
  • The second phase of construction is expected to be completed in 2020, and all of the completed units have been pre-leased, subject only to total completion of construction.
  • The Company also announced that its affiliated privately-owned entity, Reliance Global Holdings, LLC, has transferred $250,000 to RELI, which is to be used as the initial down payment due upon execution of the purchase agreement.
  • Ezra Beyman, CEO of Reliance Global Group, stated, "We are excited to announce the planned acquisition of this premier property.

Tiffany & Co. and Reliance Brands Limited Announce Plans to Bring Tiffany to India

Retrieved on: 
Wednesday, August 7, 2019
Retail, Luxury, Fashion, Companies, BSE SENSEX, CNX Nifty, Reliance Industries Limited, Brands, Industries, Reliance, RIL, Tiffany & Co., Tiffany & Co., Reliance Brands Limited

Tiffany & Co. and Reliance Brands Limited today announced plans to enter the India market.

Key Points: 
  • Tiffany & Co. and Reliance Brands Limited today announced plans to enter the India market.
  • Tiffany needs no introduction in India it is iconic and timeless, said Darshan Mehta, president & CEO of Reliance Brands.
  • Reliance Brands Limited (RBL) is part of the Reliance Industries Limited (RIL), a US$120 billion market-cap conglomerate.
  • Examples of forward-looking statements include, but are not limited to, statements Tiffany & Co. makes regarding its plans to enter the India market and open new stores therein.

Global Naphtha Market to Record a CAGR of 4.5% During 2019-2024 - Growing Demand from Petrochemical Industry - ResearchAndMarkets.com

Retrieved on: 
Wednesday, July 10, 2019
Chemicals, Plastics, Manufacturing, Companies, Business, Industries, BSE SENSEX, CNX Nifty, Petrochemical industry, ExxonMobil, Chemical industry, Petrochemical, Gasoline, Reliance Industries Limited

With the growing demand for naphtha coming from fast-developing countries such as China, India, and Japan, the Asia-Pacific region is expected to dominate the global market.

Key Points: 
  • With the growing demand for naphtha coming from fast-developing countries such as China, India, and Japan, the Asia-Pacific region is expected to dominate the global market.
  • With the growing demand for naphtha and growing petrochemical industries in the countries such as China, India, and Japan the usage of naphtha is increasing in the region.
  • Moreover, the Asia-Pacific region is also expected to witness the highest CAGR in the naphtha market during the forecast period.
  • Key players in the naphtha market include Reliance Industries Limited, Exxon Mobil Corporation, China Petroleum & Chemical Corporation, Formosa Petrochemical Co, LG Chem, and Petrleos Mexicanos etc.