Reliance Industries buys 74% stake in Navi Mumbai IIA for Rs 1,628.03 cr
Dec 13, 2024, at 11:52 pm
Mumbai: Reliance Industries Limited (RIL) said Friday it has acquired a 74% equity stake in Navi Mumbai IIA Private Limited (NMIIA) for Rs 1,628.03 crore, media reports said.
Reliance Power announces renewable energy subsidiary; appoints CEO & COO
Dec 10, 2024, at 09:40 pm
Mumbai: Reliance Power announced the launch of its renewable energy subsidiary, Reliance NU Energies, on Tuesday.
Reliace's Viacom18 officially acquires jiohotstar.com domain name
Dec 04, 2024, at 10:38 pm
Mumbai: Viacom18 Media Pvt Ltd, a subsidiary of Reliance Industries, has officially acquired ownership of the domain jiohotstar. com, concluding a prolonged period of legal and commercial disputes, Business Standard reported.
Mukesh Ambani's Jio loses nearly 80 lakh subscribers in just 30 days; BSNL emerges as a gainer
Nov 22, 2024, at 08:19 pm
Mumbai/IBNS: Reliance Jio, India's largest telecom operator, suffered a significant blow in September, losing an alarming 7.97 million subscribers, according to the latest report by the Telecom Regulatory Authority of India (TRAI).
Mukesh Ambani's Reliance Industries loses over $50 billion in market cap on earnings dismay
Nov 08, 2024, at 07:04 pm
Mumbai/IBNS: Reliance Industries Ltd. has seen a decline of nearly $50 billion (Rs 4.2 lakh crore) in market capitalization since reaching a peak in July, as the Indian conglomerate contends with weaker earnings and a slowing economy, reports Bloomberg.
RIL preparing for Jio IPO in 2025, retail business to go public much later: Report
Nov 05, 2024, at 08:35 pm
Mumbai/IBNS: Reliance Industries Ltd. (RIL) plans to take Jio Platforms Ltd., its telecommunications subsidiary, public in 2025, Reuters reported, citing sources familiar with the matter.
Nvidia partnering with Reliance to build AI infra in India: Jensen Huang
Oct 24, 2024, at 07:36 pm
Mumbai/IBNS: Jensen Huang, the CEO of American chip maker Nvidia, announced on Thursday (Oct. 24) that the company is collaborating with Reliance Industries to develop artificial intelligence (AI) infrastructure in India.
Oct 23, 2024, at 09:58 pm
Mumbai/IBNS: Jio Financial Services Ltd., led by billionaire Mukesh Ambani, has been in discussions with Allianz SE to form a new insurance partnership in India, Bloomberg reported, citing sources familiar with the matter.
Reliance Industries board approves 1:1 bonus issue for shareholders
Sep 06, 2024, at 07:32 am
Mumbai: Reliance Industries Ltd (RIL) on Thursday approved a 1:1 bonus issue, marking its first bonus offering since September 2017. Shareholders will receive one free share for each share held.
Gautam Adani replaces Mukesh Ambani to become India's richest person: Hurun India Rich List
Aug 29, 2024, at 11:33 pm
New Delhi: Gautam Adani and his family have claimed the top position in the 2024 Hurun India Rich List, with a Rs 11.6 lakh crore fortune, overtaking Mukesh Ambani.
Reliance Industries to hold 47th AGM today
Aug 29, 2024, at 06:42 pm
Mumbai/IBNS: Mukesh Ambani's multinational conglomerate Reliance Industries Limited (RIL) is set to hold its 47th annual general meeting (AGM) on Thursday (August 29), the company informed the exchanges last week.
Gautam Adani replaces Mukesh Ambani as Asia's richest man on Bloomberg Billionaires Index
Jun 02, 2024, at 08:42 pm
Mumbai: Billionaire Gautam Adani has reclaimed the title of Asia’s richest person from Reliance Industries Chairman Mukesh Ambani, according to the Bloomberg Billionaires Index.
Reliance partnering up with Tech Mahindra and Nokia to offer 4G/5G network support in Ghana: Reports
May 28, 2024, at 06:55 pm
Mumbai/IBNS: After touching new heights with 5G network infrastructure in India, Mukesh Ambani, the chairperson of Reliance Industries -- India's most valuable company with a market cap of more than Rs 1989000 crore, is now planning to take his giant-killer telecom playbook to Africa and other continents.
Mukesh Ambani sets sight on Africa with new 'affordable' telecom venture in Ghana: Report
May 27, 2024, at 06:53 pm
Mumbai/IBNS: Mukesh Ambani, the chairman and managing director of Reliance Industries, is taking his giant-killer telecom playbook to Africa as the billionaire seeks to focus on mobile broadband customers in the continent.
Mahindra Group enters hybrid renewable energy sector with Rs 1,200 cr investment
Apr 17, 2024, at 03:25 am
Mumbai: The Mahindra Group announced its entry into the hybrid renewable energy sector with a Rs 1,200 investment in a solar and wind project, a stock exchange filing said on Monday.
Jio Financial Services enters into JV with US-based BlackRock for wealth management and broking biz
Apr 17, 2024, at 02:14 am
Mumbai: Jio Financial Services has announced a joint venture with the US-based multinational investment company BlackRock for wealth management and broking operations in India.
Tesla may join hands with Reliance to manufacture EVs in India: Report
Apr 11, 2024, at 02:31 am
New Delhi: Tesla is exploring the possibility of forming a partnership with Reliance to set up its operations in India, media reports said.
Apr 04, 2024, at 06:27 am
Mumbai: Indian billionaires increased their presence in the 2024 Forbes list of the World’s Billionaires to 200 from 169 last year. Leading the list is Mukesh Ambani, whose net worth surged to $116 billion from $83 billion, establishing him as the first Asian to enter the $100 billion club. Ambani maintained his status as the ninth wealthiest individual globally and continues to hold the title of India’s and Asia’s richest person.
Ambani, Adani collaborate as Reliance buys 26% stake in Adani Power project
Mar 29, 2024, at 02:58 am
Mumbai: In a first-ever collaboration between competing billionaires, Reliance Industries, led by Mukesh Ambani, has acquired a 26 percent stake in a Madhya Pradesh power project belonging to Gautam Adani.
Mukesh Ambani's Jio Financial Services enters 2-trillion market cap club
Feb 24, 2024, at 04:04 am
Mumbai: Jio Financial Services, led by Mukesh Ambani, has joined the Rs 2-trillion market cap club, with its shares rising by 10.2% to reach Rs 334 on Friday, media reported.
Reliance was, is and will remain a Gujarati company: Mukesh Ambani at Vibrant Gujarat Global Summit
Jan 11, 2024, at 07:12 pm
Gandhinagar/IBNS/UNI: Billionaire industrialist Mukesh Ambani highlighted his roots to the western state of Gujarat, which is also the homestate of Prime Minister Narendra Modi, at the Vibrant Gujarat Global Summit 2024 here on Wednesday.
Mukesh Ambani, Gautam Adani and Tatas line up fresh investments in Gujarat
Jan 10, 2024, at 07:01 pm
Ahmedabad/UNI: Remaining highly bullish on India's growth story, top business leaders Mukesh Ambani, Gautam Adani and N Chandrasekaran committed more investments in Gujarat on Wednesday to further grow their presence in the coastal state.
Gautam Adani beats Mukesh Ambani as the richest Indian within a year of Hindenburg allegations
Jan 06, 2024, at 04:42 am
Mumbai: Adani Group Chairman Gautam Adani is back at the top of the list of richest Indians, surpassing Reliance Industries Chairman Mukesh Ambani, media reports said.
Mukesh Ambani-led Reliance Industries continues to top in media visibility: Report
Dec 21, 2023, at 05:45 am
Mumbai: Mukesh Ambani's Reliance Industries Ltd, the leading Indian company in terms of revenues, profits, and market value, bagged the top position in the 2023 Wizikey News Source ranking as the most prominently featured corporate in the media, a media report said.
Reliance Industries partners with DBS Bank to finance compressed biogas plant projects
Dec 14, 2023, at 03:28 am
Mumbai: Reliance Industries and DBS Bank India have come together to launch a financing program to facilitate compressed biogas (CBG) plant projects.
Reliance Industries invested Rs 45,000 cr in Bengal; Rs 25,000 cr more in next 3 yrs: Mukesh Ambani
Nov 22, 2023, at 06:34 am
Kolkata: Reliance Industries Chairman Mukesh Ambani Tuesday announced that the oil-to-telecom conglomerate has committed an investment of around Rs 45,000 crore in West Bengal, Moneycontrol reported.
Reliance Retail Q2FY24 PAT grows 21% YoY to Rs 2,790 cr
Oct 28, 2023, at 02:23 am
Mumbai: Reliance Retail, the retail division of diversified conglomerate Reliance Industries, recorded a 21 percent year-on-year rise in net profit, reaching Rs 2,790 crore for the quarter ending in September.
Mukesh Ambani takes over Gautam Adani to be the richest Indian: Report
Oct 11, 2023, at 05:39 am
Mumbai: Reliance Industries chairman Mukesh Ambani has surpassed Gautam Adani of Adani Group to claim the top spot as the wealthiest Indian in the 360 ONE Wealth Hurun India Rich List 2023.
ADIA to invest Rs 4,966.80 cr in Mukesh Ambani's Reliance Retail Ventures
Oct 07, 2023, at 07:34 am
Mumbai: Abu Dhabi Investment Authority (ADIA) through its wholly-owned subsidiary is set to inject Rs 4,966.80 crore into Reliance Retail Ventures Limited (RRVL), a subsidiary of Reliance Industries Limited, media reported.
Sep 28, 2023, at 01:22 am
Mumbai: Mukesh Ambani's three children, appointed as directors of Reliance Industries Ltd, will receive compensation solely for attending board and committee meetings, reported a news agency citing the company's resolution seeking shareholder approval.