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Reliance to Demerge Financial Services Arm, List Jio Financial Services on Stock Exchanges
Reliance Industries on Friday announced that it would demerge the company's financial services arm which would be listed on the stock exchanges, while shareholders would be issued one equity share of Jio Financial Services Ltd (JFSL) for every share they held in the company. The transaction is subject to customary statutory and regulatory approvals...
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Supreme Court Directs SEBI To Provide Documents Sought By Reliance Industries In Share Acquisition Probe
The Supreme Court today directed market regulator, the Securities and Exchange Board of India (SEBI), to give Reliance Industries Ltd (RIL) access to certain documents which have been relied upon by it in its probe into a share acquisition matter.
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Reliance Fined for Not Promptly Disclosing 2020 Facebook $5.7 Billion Deal
Reliance Industries and two of its compliance officers were fined for violating fair disclosure norms during Facebook's 2020 investment in its digital unit in 2020. SEBI said Reliance did not disclose the deal even after newspaper reports in March 2020 published price-sensitive details about the imminent investment that led to a spike in its shares...
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Reliance-Future's Rs 24,000-Crore Deal Cleared By Market Regulator SEBI
Reliance Industries' Rs 24,713-crore deal billion deal to buy Future Group's retail assets was cleared by the Securities and Exchange Board of India (SEBI) on Wednesday, in a blow to Amazon's efforts to block the agreement.
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Future Retail Says It Communicated With Reliance on Arbitration Order for ‘Legitimate Purpose’
India's Future Retail communicated with Reliance Industries on an arbitration order related to its dispute with Amazon for a "legitimate purpose."
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Reliance to Demerge Financial Services Arm, List Jio Financial Services on Stock Exchanges
Reliance Industries on Friday announced that it would demerge the company's financial services arm which would be listed on the stock exchanges, while shareholders would be issued one equity share of Jio Financial Services Ltd (JFSL) for every share they held in the company. The transaction is subject to customary statutory and regulatory approvals...
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Supreme Court Directs SEBI To Provide Documents Sought By Reliance Industries In Share Acquisition Probe
The Supreme Court today directed market regulator, the Securities and Exchange Board of India (SEBI), to give Reliance Industries Ltd (RIL) access to certain documents which have been relied upon by it in its probe into a share acquisition matter.
-
Reliance Fined for Not Promptly Disclosing 2020 Facebook $5.7 Billion Deal
Reliance Industries and two of its compliance officers were fined for violating fair disclosure norms during Facebook's 2020 investment in its digital unit in 2020. SEBI said Reliance did not disclose the deal even after newspaper reports in March 2020 published price-sensitive details about the imminent investment that led to a spike in its shares...
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Reliance-Future's Rs 24,000-Crore Deal Cleared By Market Regulator SEBI
Reliance Industries' Rs 24,713-crore deal billion deal to buy Future Group's retail assets was cleared by the Securities and Exchange Board of India (SEBI) on Wednesday, in a blow to Amazon's efforts to block the agreement.
-
Future Retail Says It Communicated With Reliance on Arbitration Order for ‘Legitimate Purpose’
India's Future Retail communicated with Reliance Industries on an arbitration order related to its dispute with Amazon for a "legitimate purpose."
