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Former home secy Ajay Kumar Bhalla appointed Manipur Guv amid ethnic violence resurgence | Five soldiers killed, several injured as Army truck falls into Poonch gorge | Allu Arjun quizzed by police in Pushpa 2 stampede case | Wanted Indian drug smuggler killed in the US | Congress leader files complaint against Allu Arjun for 'insulting police' in Pushpa 2: The Rule | Ahead of Jaishankar's US visit, foreign secretary Vikram Misri meets top US diplomats | India refrains from commenting on extradition request for ousted Bengladeshi PM Sheikh Hasina | I don't blame Allu Arjun, ready to withdraw case: Pushpa 2 stampede victim's husband | Indian New Wave Cinema Architect Shyam Benegal dies at age 90 | Cylinder blast at a temple in Karnataka's Hubbali injures nine people

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.

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.

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.

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.

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 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-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.

Jio Infocomm posts Rs 5,058 cr Q2FY24 net profit, up 12% YoY

Oct 28, 2023, at 03:11 am

Mumbai: Jio Infocomm, the telecom arm of Reliance Industries, posted a standalone net profit of Rs 5,058 crore for the quarter ending in September, up 12.10 percent year-on-year.

Mukesh Ambani's three children, Akash, Isha, Anant, to work without salary, to receive only fee to attend board meetings

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.

Reliance Retail gets full subscription amount of Rs 2,069 cr from KKR

Sep 23, 2023, at 06:03 am

Mumbai: Reliance Industries subsidiary, Reliance Retail Ventures Limited (RRVL), has successfully received the subscription amount of Rs 2,069.50 crore from the global investment firm KKR, RIL said in an exchange filing on Friday, adding that RRVL has also issued 1.71 crore equity shares to KKR, in accordance with the agreement.

Delhi High Court allows to hear govt's plea against Reliance on Kaveri-Godavari D6 gas block case

Sep 14, 2023, at 11:35 pm

New Delhi: The Delhi High Court has granted permission to hear the government's petition in a dispute concerning the KG-D6 gas block arbitration case, which involves Reliance Industries Ltd, media reports said.

Reliance Industries Limited Board recommends appointment of Isha Ambani, Akash Ambani and Anant Ambani to Board of Directors

Aug 28, 2023, at 11:03 pm

The Board of Directors of Reliance Industries Limited, at its meeting held on Monday,  recommended to the shareholders for approval to appoint Isha Ambani, Akash Ambani and Anant Ambani as Non-Executive Directors of the Company.

Nita Ambani steps down from Reliance Industries Ltd board; Isha, Akash and Anant named non-executive directors

Aug 28, 2023, at 08:59 pm

Mumbai/UNI: The Board of Directors of Reliance Industries Ltd (RIL) on Monday recommended to the shareholders for approval of the appointment of Isha Ambani, Akash Ambani and Anant Ambani as non-executive directors of the company.

Reliance Industries to hold 46th AGM on August 28

Aug 05, 2023, at 02:30 am

Mumbai: Reliance Industries Ltd has announced that its 46th annual general meeting will take place on August 28, according to a notice to the stock exchanges.

Reliance & Brookfield Asset Management sign MoU to make renewable power equipment in Australia

Aug 02, 2023, at 06:41 am

Mumbai: Reliance Industries and Brookfield Asset Management have signed a Memorandum of Understanding (MoU) to explore opportunities to manufacture renewable energy and decarbonization equipment in Australia.

Reliance Industries Q1FY24 net profit drops 10% YoY to Rs 16,011 cr; dividend declared

Jul 22, 2023, at 05:04 am

Mumbai: Reliance Industries (RIL) on Friday reported a net profit of Rs 16,011 crore for FY24, a decline of 10.8 percent compared to Rs 17,955 crore in the same period last year.

Reliance Industries India's most valuable pvt company; Adani Group companies shed value by 52 percent: Hurun India 500 list

Jun 22, 2023, at 05:45 am

Mumbai: Reliance Industries Ltd, led by billionaire Mukesh Ambani, holds the top spot as the most valuable private company in India, with a staggering value of Rs 16.4 lakh crore, as per Hurun India's 2022 Burgundy Private Hurun India 500 list.

RIL appoints Srikanth Venkatachari as new CFO

Mar 25, 2023, at 05:56 am

Mumbai/IBNS: Reliance Industries Limited (RIL) has appointed Srikanth Venkatachari as the new Chief Financial Officer, the company said in a press release on Friday.

RIL to invest Rs 75,000 cr in next 4 yrs in UP: Mukesh Ambani

Feb 11, 2023, at 05:39 am

Lucknow: Reliance Industries Limited (RIL) Chairman Mukesh Ambani on Friday said that his firm would make an additional investment of Rs 75,000 crore in the country's third largest state Uttar Pradesh in the next four years, which would create more than one lakh new employment opportunities.

RIL unveils India’s first Hydrogen Combustion Engine technology for heavy-duty trucks

Feb 08, 2023, at 07:48 am

Mumbai/IBNS: Prime Minister Narendra Mondi on Tuesday flagged off India’s first heavy-duty trucks with India’s first Hydrogen Internal Combustion Engine technology solution at the India Energy Week in Bengaluru.

RIL Q3FY23: Consolidated net profit falls 15% y-o-y to Rs 15,792 cr

Jan 21, 2023, at 03:11 am

Mumbai/IBNS: Reliance Industries Ltd (RIL) on Friday said its consolidated net profit declined 15% year-on-year (YoY) for the quarter ended December 2022 to Rs 15,792 crore.

KV Kamath appointed RIL independent director; non-executive Chairman of Jio Financial Services

Nov 05, 2022, at 05:48 am

Reliance Industries has appointed K V Kamath as an independent director on its board for a period of five years, the company said Friday.

RIL Q2 profit nearly flat at Rs 13,656 cr, revenue up 34 pc

Oct 22, 2022, at 08:09 am

Mumbai: Mukesh Ambani-led Reliance Industries Ltd (RIL) on Friday reported almost flat consolidated net profit at Rs 13,656 crore for the quarter ending September 30, 2022 (Q2FY23).

RIL and US-based Apollo Global Management jointly inch closer to Boots buyout: Report

Jun 11, 2022, at 12:32 am

Mukesh Ambani-led Reliance Industries Ltd (RIL) along with American buyout firm Apollo Global Management have emerged as frontrunners in acquiring Walgreens Boots Alliance’s UK-based retail chemist and drugstore units.

RIL Q4FY22: net profit at Rs 16,203 cr, up 22.5 pc; FY22 revenue crosses $100 billion mark

May 07, 2022, at 07:26 am

Mumbai: Reliance Industries Limited (RIL) Friday posted a net profit of Rs 16,203 crore for the quarter ending March 30, 2022, up 22.50 percent year-on-year (YoY).

Mukesh Ambani preparing to launch India's biggest IPOs

Apr 29, 2022, at 09:42 pm

Mumbai: Reliance Industries Ltd (RIL) chairman Mukesh Ambani is set to launch initial public offerings (IPOs) for Reliance Jio and Reliance Retail Ventures, media reports said.

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.

RIL becomes first Indian company to cross Rs 19 trillion in market cap

Apr 27, 2022, at 07:07 pm

Mumbai: Reliance Industries Ltd (RIL) has become the first-ever Indian company to cross a market capitalization (m-cap) of 19 trillion or 19 lakh crore as the company's stock hit record hit a record of Rs 2,827.10 on BSE, up 1.7 percent intraday, said media reports.

Reliance & UAE's TA’ZIZ sign shareholder agreement for Ruwais chemicals project

Apr 27, 2022, at 04:00 am

Mumbai: India's leading conglomerate Reliance Industries Ltd (RIL) and Abu Dhabi Chemicals Derivatives Company RSC Ltd (TA’ZIZ) on Tuesday announced the signing of shareholder agreement for the Ruwais chemicals project.