Reliance Industries Limited (RIGD.IL)
- CNN Business
Billionaires alone won’t turn Narendra Modi’s India into a rich country
Narendra Modi, Mukesh Ambani and Gautam Adani are playing a fundamental role in shaping the kind of economic superpower India will become in the coming decades.
- Reuters
India's Reliance renews bid for US license to import Venezuelan oil, sources say
Indian oil refiner Reliance Industries has resubmitted a request to the U.S. for an authorization to import crude oil from sanctioned Venezuela, three people close to the matter said, and resume oil trade between the OPEC producer and the once second-largest destination for its oil. French oil producer Maurel & Prom separately on Monday said the U.S. on Friday granted it a license to conduct oil and gas operations in Venezuela for the next two years.
- Reuters
RPT-Ambani's JioCinema cuts subscription prices as India's streaming war heats up
JioCinema, the streaming platform run by India's Reliance Industries, on Thursday cut prices of its premium offering to as low as 29 rupees ($0.3480) a month, heating up competition for Netflix and Amazon Prime. Reliance runs multiple TV channels and JioCinema streaming app through its media unit Viacom18 and has a sizeable hold over India's $28-billion media and entertainment market. An advertisement-free version would start at an introductory price of 29 rupees per month for streaming on a single device and go up to 89 rupees for a "Family" plan to stream on four simultaneous devices, JioCinema said in a statement.
