Reliance in talks to acquire Urban Ladder, Milkbasket
Reliance Industries is reportedly in talks to acquire the online furniture brand Urban Ladder and the milk and grocery delivery platform, Milkbasket.
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Reliance Industries is reportedly in talks to acquire the online furniture brand Urban Ladder and the milk and grocery delivery platform, Milkbasket.
Mumbai Based Reliance Industries Ltd. has shifted it's business model to an e-commerce centric player. With the investment of about 1.15 Lakh crore, Jio is competing with conglomerates like Amazon & AliBaba.
Shared of RIL has hit all time high of Rs.1,908 on BSE, this Friday. Market capitalisation has gone upto 12.09 trillion.
BP Finances Reliance Industries Limited for $1 Billion in fuel joint venture. Therefore, BP has payed Reliance (RIL) $1 billion. Hence, for 49% stakes in fuel Joint Venture.
Reliance Industries now completely debt free! Furthermore, Reliance Industries said it has raised more than Rs 1,68,818 Crore in 58 days. Which also includes taking into account investments of Rs 115,693.95 Crore in its digital services arm.
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