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.
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.
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.
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.
NVIDIA announces partnership with Tata and Reliance to bolster India's AI infra
Sep 09, 2023, at 06:19 am
Mumbai/ Bengaluru: High-end chip manufacturer NVIDIA on Friday announced collaborations with two of the largest Indian conglomerates, Reliance Industries and Tata Group.
Alia Bhatt's Ed-a-Mamma enters into a joint venture with Reliance
Sep 07, 2023, at 01:38 am
Mumbai/IBNS: Actress-producer Alia Bhatt's Ed-a-Mamma has entered into a joint venture with Reliance Retail Ventures Limited, the Bollywood star announced on Wednesday.
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.
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.
Gautam Adani considering bidding for Anil Ambani's coal-fired power plants under auction: Report
Jul 12, 2023, at 06:20 am
New Delhi: Billionaire Gautam Adani is contemplating a bid for the coal-fired power plants owned by Anil Ambani, who is facing financial difficulties, Bloomberg reported.
Reliance Retail valued $92-96 billion by consultants appointed by the firm: Report
Jul 08, 2023, at 04:24 am
Mumbai: Reliance Retail, a part of Mukesh Ambani’s Reliance Industries Ltd, has been valued at $92-96 billion by two global consultants appointed by the company, Reuters reported citing a source with direct knowledge of the matter.
Reliance and bp commence production from third deepwater field in India’s KG D6 block
Jul 01, 2023, at 05:47 pm
Mumbai/IBNS: Reliance Industries Limited (RIL) and bp p.l.c. has confirmed the commencement of production from the MJ field, following testing and commissioning activities.
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.
Reliance partners with General Mills to bring Alan's Bugles to India
May 27, 2023, at 03:46 am
Mumbai: Reliance Consumer Products Limited (RCPL), the fast-moving consumer goods (FMCG) division of Reliance Retail Ventures Limited (RRVL), on Friday introduced Alan's Bugles in India.
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 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.
Reliance Consumer Products to acquire Lotus Chocolate Company
Dec 30, 2022, at 06:32 pm
Mumbai/UNI: Reliance Consumer Products Limited (RCPL), a wholly owned subsidiary of Reliance Retail Ventures Limited (RRVL), will acquire 51 percent controlling stake in Lotus Chocolate Company (Lotus) for Rs 74 crore and also make an open offer to acquire upto 26 percent.
Reliance Retail acquires METRO India
Dec 22, 2022, at 06:45 pm
Mumbai/UNI: Reliance Retail Ventures Limited (‘RRVL’) on Thursday signed definitive agreements to acquire 100 percent equity stake in METRO Cash and Carry India Pvt Ltd (‘METRO India’) for a total cash consideration of Rs 2,850 crore, subject to closing adjustments.
Reliance Jio rolls out True-5G coverage in all 33 dists headquarters of Gujarat
Nov 25, 2022, at 07:45 pm
Mumbai/UNI: Reliance Jio on Friday said that it has started rolling out True-5G coverage in all the 33 district headquarters of Gujarat.
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.
RIL to demerge financial services business and list it separately as JFSL
Oct 22, 2022, at 06:59 pm
Mumbai: Reliance Industries Limited (RIL) on Friday said that it will demerge its financial services business and list it separately under Jio Financial Services Limited (JFSL).
Jio-bp to set up charging network for Mahindra's e-SUVs
Oct 13, 2022, at 01:01 am
Mumbai: Mahindra & Mahindra (M&M), India’s leading SUV manufacturer, and Jio-bp, a fuels and mobility joint venture between Reliance Industries Limited (RIL) and bp are strengthening their existing partnership with Jio-bp setting up robust charging network for Mahindra’s upcoming e-SUVs launches, said a joint company statement.
Reliance and Sanmina complete transaction for electronic manufacturing JV in Chennai
Oct 06, 2022, at 04:31 am
San Jose, CA / Mumbai: Sanmina Corporation (Sanmina) (NASDAQ: SANM) and Reliance Strategic Business Ventures Limited (RSBVL), a wholly-owned subsidiary of Reliance Industries Limited (RIL), have completed the transaction to jointly create a world-class electronic manufacturing hub in Chennai, a joint company release said.
Reliance opens its first luxury lifestyle and fashion outlet in Bengaluru
Oct 01, 2022, at 02:05 am
Bengaluru: Reliance Industries Ltd's retail unit opened its first in-house premium fashion and lifestyle store called Azorte on Thursday with an aim to grab a bigger share of the country's luxury market, media reports said.
Reliance New Energy Limited to invest in Caelux Corporation
Sep 23, 2022, at 02:48 pm
Mumbai: Reliance New Energy Limited, a wholly owned subsidiary of Reliance Industries Ltd, on Friday signed definitive agreements to invest in Caelux Corporation, a company headquartered in Pasadena, California, in the United States of America, engaged in the development of perovskite-based solar technology.
Reliance Industries Limited to acquire majority stake in SenseHawk
Sep 06, 2022, at 02:42 pm
Mumbai: Reliance Industries Ltd on Tuesday signed definitive agreements to acquire a majority stake in SenseHawk Inc for a total transaction value of USD 32 million, including funding for future growth, commercial rollout of products, and R&D.