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Reliance’s digital unit wins Qualcomm backing in boost to 5G plans

NEW DELHI (Reuters) – India’s Reliance Industries said on Sunday Qualcomm Inc’s investment arm will buy a 0.15% stake in its digital unit Jio Platforms for 7.3 billion rupees ($97.1 million). The partnership will help Jio Platforms, the unit that houses Relian... More »

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India’s Reliance, global tech firms to invest $9.3 billion in…

FILE PHOTO: Labourers work behind an advertisement of Reliance Industries Limited at a construction site in Mumbai, India, March 2, 2016. REUTERS/Shailesh Andrade/File Photo MUMBAI (Reuters) – India’s Reliance Industries Ltd and global technology companies wil... More »

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Reliance Jio to offer bargain rates, crosses 100 million customers

Commuters are reflected on an advertisement of Reliance Industries’ Jio telecoms unit, at a bus stop in Mumbai, India, February 21, 2017. REUTERS/Shailesh Andrade Reliance Industries’ Jio telecoms unit will charge a tariff for its services from April, but will... More »

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Reliance`s Jio hails Uber ride in payments battle with PayTM

An employee walks at the office of ride-hailing service Uber in Gurugram, previously known as Gurgaon, on the outskirts of New Delhi, India, April 19, 2016. REUTERS/Anindito Mukherjee/File Photo Uber users in India, who until now had Chinese Internet giant Ali... More »

India’s Reliance moves into fashion and lifestyle e-commerce

MUMBAI Reliance Retail Ltd, the retail business of India’s energy conglomerate Reliance Industries Ltd, said on Saturday it planned a quick roll-out of its newly launched fashion and lifestyle e-commerce business. Reliance Retail, controlled by India’s richest... More »