Tag "Reliance"

Reliance Retail Acquires 60% Stake In Online Pharmacy Netmeds for $83 Million

By : CIOL Bureau

Retail has finally entered the online medicine delivery space with the acquisition of Netmeds. The former has acquired a 60% equity stake in e-pharmacy startup Netmeds for INR 620 Cr ($83 Mn). The 60% holding is in the equity share capital

Reliance Jio CTO Jagbir Singh Quits

By : CIOL Bureau

Ibrahim Ahmad – Jagbir Singh, the man who is credited with building Reliance Jio’s and also the world’s largest LTE TDD/FDD network has quit the company. As the Reliance JIO group Chief Technology Officer he was responsible for overseeing all

Reliance Communication and Aircel merger called off

By : CIOL Writers

Anil Ambani led Reliance Communication has called off its merger talks with Aircel and the former has outlined an alternative plan for debt reduction by selling real estate and tower and fiber assets. The company said that the merger agreement

IBM and Reliance’s Unlimit join hands to develop IoT solutions for industries

MUMBAI, INDIA: Unlimit, a business venture of Reliance Group and IBM announced a strategic collaboration to co-create IoT solutions for specific industry verticals including automotive, insurance, utilities, and industrial automation. As part of the collaboration, IBM will provide its Watson