RIL to invest Rs 65,000 crore in Andhra Pradesh for 500 biogas plants
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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.