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.
RIL to invest Rs 65,000 crore in Andhra Pradesh for 500 biogas plants
Nov 12, 2024, at 09:11 pm
Mumbai/IBNS: Reliance Industries Ltd (RIL) is gearing up to make its largest investment outside of Gujarat, committing Rs 65,000 crore to construct 500 compressed biogas plants in Andhra Pradesh over the next five years, as reported by The Economic Times.
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.
Reliance Industries Ltd Q1Fy25: Profit rises 9% to Rs 16,563 cr
Oct 16, 2024, at 03:36 am
Mumbai: Reliance Industries Ltd's second-quarter net profit for the fiscal year rose by 9.4 percent compared to the previous quarter, reaching Rs 16,563 crore, surpassing analysts' expectations, driven by strong performance in its telecom and retail divisions.
YouTube’s Ishan Chatterjee appointed as JioCinema's chief business officer
Oct 04, 2024, at 07:15 pm
Mumbai/IBNS: JioCinema, the streaming service owned by Reliance Industries Ltd., has named Ishan Chatterjee as its new chief business officer, signaling its intention to further grow its digital offerings.
Reliance Industries bags 10 GWh ACC EV battery project under PLI scheme
Sep 05, 2024, at 03:03 am
New Delhi: Reliance Industries has secured a 10 GWh battery storage project under an incentives program designed to promote EV battery production, the government said on Wednesday.
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.
Jio Financial Services gets RBI approval to become a core investment company
Jul 12, 2024, at 07:14 pm
New Delhi/IBNS: Jio Financial Services on Thursday (July 11) received the Reserve Bank of India's (RBI) approval to become a Core Investment Company (CIC) from a Non-Banking Financial Company (NBFC), the company said in an exchange filing.
Adani Power shares slightly up after RIL acquires 26% stake in Mahan Energen's unit
Jul 10, 2024, at 10:08 pm
Mumbai/IBNS: The shares of Adani Power were slightly up on Wednesday (July 10), a day after the company's wholly owned subsidiary Mahan Energen Ltd. (MEL) announced that it has entered into a 20-year power purchase deal for 500 MW with Reliance Industries Limited (RIL).
Reliance Industries crosses Rs 21 lakh cr market cap after Jio tariff hikes
Jun 28, 2024, at 10:12 pm
Mumbai: Reliance Industries Ltd has surpassed a market capitalisation of Rs 21 lakh crore after a stock surge of more than 20 percent this year, becoming the first Indian company to achieve this milestone, media reported.
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 Industries inks one-year deal with Russia's Rosneft for oil purchase in roubles: Report
May 29, 2024, at 02:44 am
Mumbai: Mukesh Ambani-led Reliance Industries, which operates the world's largest refining plant, has signed a one-year agreement with Russia's Rosneft to purchase at least 3 million barrels of oil monthly in roubles, Reuters reported.
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.
Govt asks PSU refiners, RIL to collaborate on negotiating oil-deal with Russia: Report
May 21, 2024, at 10:14 pm
New Delhi: The government has asked its state-run oil refiners and private company Reliance Industries Ltd. to collaborate on negotiating a long-term supply agreement with Russia, Bloomberg reported.
Reliance Retail to sell UK's ASOS apparel in India
May 17, 2024, at 10:56 pm
Mumbai: Reliance Retail has announced a long-term partnership with ASOS, the UK-based premier online fashion retailer catering to people in their twenties.
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 Industries Q3FY24: Net profit grows 11% to Rs 19,641 cr retail, Jio, oil & gas business
Jan 20, 2024, at 06:42 am
Mumbai: Mukesh Ambani-led Reliance Industries reported a 10.9 percent year-on-year increase in its consolidated net profit to Rs 19,641 crore in the December quarter of the fiscal year 2023-24.
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 Industries ties up with Oberoi Hotels to co-manage 3 properties in India & UK
Aug 26, 2023, at 02:31 am
Mumbai: Mukesh Ambani-led Reliance Industries Ltd (RIL) on Thursday announced that it has entered into an agreement with Oberoi Hotels and Resorts to jointly manage three properties across India and the UK.
Reliance Industries to acquire B2B retailer METRO Cash & Carry India: Report
Nov 07, 2022, at 06:40 am
Reliance Industries is set to buy German B2B retailer METRO AG's Cash & Carry business in India for an estimated 500 million euros or Rs 4,060 crore, according to a report in the media.
Reliance acquires soft drink brands Campa, Sosyo from Pure Drink: Report
Sep 01, 2022, at 05:29 pm
Mumbai: Reliance Industries has acquired soft drink brands Sosyo and Campa from Pure Drinks, Moneycontrol reported.
Reliance Industries' brand new eCommerce platform JioMarket likely before festive season: Report
Aug 06, 2022, at 07:16 pm
Mumbai: With the launch of its separate platform JioMarket nearing, Reliance Industries (RIL) has started inducting independent sellers and Direct to Customer (D2C) brands, media reports said.
Reliance Industries moves down by 7.25 pc to Rs 2406
Jul 01, 2022, at 10:44 pm
Mumbai: Reliance Industries on Friday declined 7.25 pc to Rs 2406, a major loser in 30 scrips of BSE.
Sensex recovers over 100 points in opening session
Jun 02, 2022, at 06:19 pm
Mumbai/UNI: The BSE Sensex on Thursday recovered 139.58 pts at 55,520.85 in the opening session as buying was seen in consumer durable, oil and gas and power stocks.
Mumbai: Reliance to launch luxury shopping mall for India's richest buyers
Apr 28, 2022, at 01:21 am
Mumbai: Eyeing India's growing western luxury brand market, billionaire Mukesh Ambani-led Reliance is planning to open a mega shopping mall that will be a shopping paradise for India's uber-rich, Reuters reported.
Reliance Brands acquires majority stake in Abu Jani Sandeep Khosla
Apr 20, 2022, at 04:22 am
Mumbai: Reliance Brands Limited (RBL), a subsidiary of Reliance Retail Ventures Ltd, on Tuesday, signed a definitive agreement to invest either by itself and/or through its affiliates in India’s foremost couturiers Abu Jani Sandeep Khosla (AJSK) for a 51 percent majority stake.
Reliance Industries launches India's largest convention centre at Jio World Centre
Mar 05, 2022, at 07:53 am
Reliance Industries on Friday announced the opening of India's largest convention centre at Jio World Centre in Mumbai.
Reliance arm, Sanmina enter JV for manufacturing EVs in India
Mar 03, 2022, at 06:06 pm
Mumbai: Reliance Strategic Business Ventures Limited (RSBVL), a wholly-owned subsidiary of Reliance Industries Limited (RIL), has entered into an agreement with Sanmina Corporation (Sanmina) to create a joint venture to manufacture Electronic Vehicles in India.