Reliance News
Reliance Jio New Phone News
Reliance Jio New Phone Launch News – Mukesh Ambani’s reliance jio has launched a new phone in which you will get a lot of features, let’s know about them
JioPhone is the first 2 new smartphones launched by reliance. Its price is so low that you will be confused whether to buy 1 phone or 5. Because the price of this phone is only 2,799 rupees. Why are you surprised? This is Mota Bhai’s scheme, it works like this.
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Reliance Bhakti Modi News
Reliance Bhakti Modi News – Mukesh Ambani’s very close friend Manoj Modi’s daughter is Bhakti Modi. Bhakti Modi is the CEO of Reliance Retail’s omni-channel beauty platform Tira. Their main competitors include Tata Click Pallet, Naykaa and Myntra etc.
Bhakti Modi (33 years) and Isha Ambani have also worked together, Isha Ambani is currently on the board of RRVL and he manages different retail formats. One of Mukesh Ambani’s closest business partners is Manoj Modi and both of them are college time friends.
You can guess their identity from the fact that Bhakti Modi’s wedding took place in Mukesh Ambani’s house in 2016. Manoj Modi is the same person who was gifted a 22-storey building worth Rs 1500 crore by Ambani.
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Reliance Retail News
Reliance Retail News – Reliance tie-up with Israel company Delta Galil
Reliance Retail, run by Mukesh Ambani’s daughter Isha Ambani, has made a deal with the Israeli company Delta Galil to strengthen its hold in the garment sector. In this company, the share of both partners will be 50-50 percent.
This deal will give Reliance a chance to expand with new designs and will also help Delta Galil to enter the Indian market. However, the news about the amount of this deal has not yet come out.
10-09-2024 – Reliance FMCG News
Reliance FMCG News – Reliance FMCG unit will invest 3900 core rupees
Reliance has decided to invest 3900 crore rupees in its FMCG unit RCPL i.e. Reliance Consumer Product Limited. Investment in this unit will be done through debt and equity by reliance.
After doing this, reliance will compete with big competitors like Coca Cola, Hindustan Unilever and Adani Wilmer to increase its share in the Indian market.
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Reliance Industries Bonus Share News – Reliance is giving 1 share free on 1 share
Friends, this is good news for the shareholders of Reliance that reliance has announced to give 1 share free on 1 share. And this is why experts are also looking bullish on this share and some analysts have given a target of 3700+ for reliance shares. Analysts say that reliance shares can go up by 15%-25% from here.
In the June quarter, reliance’s income is 2,35,767 crore rupees and it is growing at almost 12% annually. However, this time the profit is 2.20% less than the previous quarter.
5 bonus in 40 years
Reliance has given bonuses 5 times in its last 40 years of operation, the last time the company gave 1 share per share as a bonus was in 2017. Reliance has also offered bonuses earlier in 1980, 1983, 1997, and 2009 and has also given dividends 16 times in the last 10 years.
Reliance Shares Target News – AGM and Nuvama increased reliance’s target further
While Sensex and Nifty closed positive, reliance closed a bit down due to profit, but financial firms say that this is the right time to invest in reliance.
Firms like AGM and Nuvama say that in the coming time, reliance’s price can go up by 25% more than the current level, although it is not yet known how much time it will take to go up.
25 out of 26 trade analytics have shown interest in buying reliance and its highest target is 3785 rupees.
Why should we buy Reliance even at this price?
Reliance has strengthened itself in the energy business, digital business, retail business as well as many other businesses in the last 5 years due to which its profit is increasing and this is the reason why trade analytics still puts this stock in the buy category.
Reliance Disney Merger News: There will be 120 TV channels and 2 OTT platforms, and NCLT Mumbai cleared the deal after CCI
There is good news for entertainment lovers: Reliance and Disney are coming together, and both will be tied in one bond. Reliance has acquired Disney, and this deal has received approval from CCI and the National Company Law Tribunal.
Reliance Disney Merger Deal FAQ
After this deal, how many TV channels and OTT platforms will Reliance have?
After this deal, reliance will have 80 Disney Star and 40 channels of Reliance Viacom18 added, totalling 120. Some of these channels will be shut down, generating little profit. After this deal, reliance will have 2 lakh hours of digital content, which will be a great content platform.
viacom18 also has the TV rights to BCCI-managed cricket matches, and Disney Start Pass also has the TV broadcast rights to IPL until 2027. Reliance itself also has the right to show IPL on its OTT platform.
What will be the share of reliance in the advertising market after the merger?
After this merger, reliance will have almost 40% of the advertising market, which is perfect. Reliance will now monopoly showing live cricket, which will benefit them. They can also broadcast Moto GP, Tennis Championship and English Premier League.
What will be the effect of this merger on their subscribers? Will the plans be cheap or expensive now?
Our country, India, is a huge entertainment service market, which is why Amazon Prime, Netflix, and other foreign companies are attracted to Indians. Now, Reliance is preparing to give them tough competition after this merger.
People will benefit from this merger because Disney will now be able to watch Reliance content, and Reliance will be able to watch Disney content on the same platform.
Who benefits from the Reliance Disney merger?
Walt Disney’s CEO, Bob Eager, said a few days ago that there is a lot of competition in this market now, and this deal will create a big company that can take itself to the top. Disney has approximately 3.50 crore subscribers, and Reliance has 1.50 crore paid subscribers, and after this deal, they will have more than 5 crore subscribers.
Reliance’s grip on this business sector of 2,30,000 crores will become even more robust, and we hope that Mukesh Ji progresses further and that the new companies will give tough competition to Netflix and Sony.
How much is the reliance on the Disney merger deal worth?
The reliance Disney merger deal is worth about 71 thousand crore rupees. After this deal, reliance will have a 6.16% share, and Disney will have a 36.84% share. Neeta Ambani will be its chairperson.
When will the Reliance Disney merger deal be completed?
The reliance Disney merger deal will be completed within about 6 months.
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