Reliance Industries
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Reliance, the Mukesh Ambani-owned conglomerate, wants to build the largest data centre in the world, with plans to construct a multi-gigawatt-scale site in Jamnagar. -
Nvidia is preparing to supply hardware to India’s IT giants as CEO Jensen Huang said the country should “manufacture its own AI.”
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Mukesh Ambani’s Reliance Industries is said to be weighing up making a bid for T-Mobile Netherlands, a subsidiary of Deutsche Telekom AG’s Netherlands.
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The company that owns Indian operator Reliance Jio will continue to pay the salary of staff who have died of Covid-19 for five years.
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Reliance Industries is rumoured to have partnered Google and Facebook to develop a new payments network in India.
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Reliance Industries Limited has called on the Indian government to intervene and end what it has described as "illegal acts of vandalism by miscreants" in Punjab and Haryana.
Forthcoming events
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Reliance Industries has generated eight investments in its retail subsidiary Reliance Retail Ventures Limited (RRVL), however a legal notice from Amazon could be about to put the brakes on the momentum.
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KKR has made a second investment in a Reliance Industries’ company, this time backing the firm’s retail subsidiary in return for a 1.28% equity stake.
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In the strongest confirmation of its ambitions to date, Reliance Industrial Investments has sold approximately 135,000 Jio-owned towers and, through Reliance Retail Ventures Limited, has acquired logistics and retail capabilities from the Future Group.
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Jio Platforms is to receive another multi-million-dollar investment following news that global growth equity firm General Atlantic has taken a 1.34% equity stake in the Indian digital services platform.
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Analysts have welcomed Facebook’s US$5.7 billion in the services arm of India’s Reliance Industries.
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India’s Supreme Court is in a battle with the government over a $13 billion decision that may see the demise of mobile operator Vodafone Idea.
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Indian operator Reliance Jio is to introduce Azure in its data centres, gigabit fibre for customers and a pan-India blockchain network.
Forthcoming events
Datacloud Asia 2025 co-located with ITW Asia
3 DECEMBER - 4 DECEMBER 2025 Singapore, Singapore
