Reliance acquires majority stake in designer brand Abraham & Thakore
Mar 02, 2022, at 06:22 am
Reliance Retail has acquired a majority stake in designer wear brand Abraham & Thakore for an undisclosed amount, the company said Tuesday.
India's clean energy export likely to rise to $500 billion in next 20 yrs: Mukesh Ambani
Feb 24, 2022, at 06:22 am
India's export of clean energy is likely to rise to $500 billion over the next 20 years, emerging as a global green energy superpower, Reliance Industries chairman Mukesh Ambani said Wednesday, according to media reports.
RIL signs MoU with Gujarat for investing Rs 5.95 lakh crore
Jan 13, 2022, at 11:06 pm
New Delhi/UNI: Billionaire Mukesh Ambani-led Reliance Industries Limited (RIL) on Thursday said it has signed MoU with the Gujarat government for a total investment of Rs 5.95 lakh crore in the state as part of investment promotion activity for Vibrant Gujarat Summit 2022.
Sensex advances 366 pts, Nifty rises by 101.20 pts
Jan 12, 2022, at 07:06 pm
Mumbai/UNI: Extending its gains for the fourth consecutive session, Sensex on Wednesday advanced 366 points to 60,982.96 as buying was seen across the board.
Reliance buys iconic hotel Mandarin Oriental New York
Jan 09, 2022, at 06:41 am
New Delhi/UNI: Mukesh Ambani-led Reliance Industries Ltd (RIL) on Saturday announced that one of its group firms has signed a $ 98.15 million deal to acquire a Cayman Islands firm that owns iconic luxury hotel Mandarin Oriental New York in New York City.
RIL raises $4 bn in largest-ever foreign currency bond
Jan 06, 2022, at 10:09 pm
New Delhi/UNI: As part of its mega dollar-denominated bond issue, Mukesh Ambani-led Reliance Industries Ltd (RIL) has raised $4 billion joining a select group of issuers from Asia to have made jumbo bond issuances.
Mukesh Ambani-led Reliance to raise up to US$ 5 billion through overseas bonds
Jan 02, 2022, at 05:29 am
New Delhi/UNI: Mukesh Ambani-led Reliance Industries Ltd (RIL) on Saturday said that the Finance Committee of the Board of Directors of the company has approved the plan to raise up to US$ 5 billion through an overseas bond issue.
Mukesh Ambani opens up about succession of Reliance Industries for the first time
Dec 30, 2021, at 12:41 am
Mumbai/IBNS: Reliance Industries Chairman, Mukesh Ambani has opened up about succession for the first time. The 64-year-old richest Indian said he wants to accelerate the process of leadership transition with the seniors including him making way for the new generation.
Reliance consortium bids for bankrupt Indian fabric provider to Zara, Armani
Dec 13, 2021, at 11:20 pm
Mumbai/IBNS: Reliance Industries Ltd (RIL) in partnership with Asset Care & Reconstruction Enterprise Ltd (ACRE) has submitted expressions of interest (EoI) for the bankrupt textile company Sintex Industries Ltd, as it looks to diversify into fashion.
UAE's TA’ZIZ and Reliance ink JV for $2 billion chemicals projects in Ruwais
Dec 08, 2021, at 07:51 am
Mumbai/IBNS: Reliance Industries Limited (RIL) has inked an agreement with Abu Dhabi Chemicals Derivatives Company RSC Ltd (“TA’ZIZ”) to launch ‘TA’ZIZ EDC & PVC’, a world-scale chemical production partnership at the TA’ZIZ Industrial Chemicals Zone in Ruwais.
Reliance, Saudi Aramco to re-evaluate proposed investment in O2C business
Nov 20, 2021, at 06:22 pm
Mumbai/IBNS: Reliance Industries Ltd and Saudi Aramco have mutually decided to re-evaluate the latter's proposed investment in the oil-to-chemicals (O2C) business of the Indian conglomerate.
Ambanis have no plans to relocate in London or anywhere else: RIL
Nov 06, 2021, at 07:36 am
Mumbai/IBNS: Reliance Industries Limited (RIL) has denied the reports in the media that its Chairman Mukesh Ambani or his family have any plans to relocate to London.
RIL records 43 pc rise in profits to Rs 13,680 Cr in Q2FY22
Oct 23, 2021, at 06:55 am
Mumbai/IBNS: Reliance Industries Friday declared a net profit of Rs 13,680 crore in quarter ended September 30, 2021, a 42.99 percent increase from the same quarter last year riding on higher demand of oil products.
Saudi Aramco Chairman Al-Rumayyan appointed to Reliance board after shareholders' approval: Report
Oct 22, 2021, at 03:01 am
Mumbai/IBNS: Reliance Industries Ltd Thursday announced that the resolution to induct Saudi Aramco Chairman Yasir Al-Rumayyan as an independent director to its board has been passed by a required majority of its shareholders, according to media reports.
Oct 21, 2021, at 05:20 am
Singapore: Future Retail cannot avoid being part of the arbitration process over a commercial dispute with Amazon.com Inc, a Singapore arbitration panel ruled on Wednesday, Reuters reported.
Reliance Retail acquires 52 pc stake in Ritu Kumar's designer labels
Oct 20, 2021, at 04:29 am
Mumbai/IBNS: Reliance Retail Ventures Limited (RRVL)- the retail business of Mukesh Ambani-owned Reliance Industries acquired a majority 52 percent stake in popular designer labels of Ritu Kumar, according to media reports.
Regret being drawn into the dispute between Zee and Invesco: Reliance Industries
Oct 14, 2021, at 06:34 pm
Mumbai/IBNS: Reliance Industries Limited (RIL) on Wednesday said that it regretted being drawn into the corporate battle between Zee Entertainment Enterprises Limited (ZEEL) and its largest shareholder, Invesco.
Reliance Industries record 3.84 per cent rise to touch Rs 2670.85
Oct 08, 2021, at 11:23 pm
Mumbai/UNI: Reliance Industries on Friday advanced by 3.84 per cent to Rs 2670.85 a major gainer in 30 scrips of BSE.
RIL extends deadline for completion of Future deal
Oct 02, 2021, at 04:37 am
Mumbai/IBNS: Reliance Retail Ventures Ltd. (RRVL) has extended the long-stop date for the completion of its deal with Future Group by six month to March 31, 2022, according to media reports.
Oct 01, 2021, at 09:40 pm
Mumbai/IBNS: Reliance Industries Ltd. (RIL) has justified the inclusion of Saudi Aramco chairman Yasir Al-Rumayyan as an independent director, saying that the appointment meets all the regulatory criteria, pending shareholder approval on the decision.
Big relief for Future Group as SC stays seizure of assets
Sep 09, 2021, at 08:52 pm
New Delhi/IBNS: In a big relief to Future Group, the Supreme Court has halted the seizure of Future Coupons, Future Retail and Future Group owned by Kishore Biyani.
Reliance Industries up 1.29 per cent to Rs 2,230.65
Aug 26, 2021, at 11:03 pm
Mumbai/UNI: Reliance Industries on Thursday gained by 1.29 per cent to Rs 2,230.65 a major gainer in 30 scrips of BSE.
Will enforce single-judge order against FRL-RIL deal if no stay order by SC: HC
Aug 18, 2021, at 05:18 am
New Delhi/IBNS: The Delhi High Court Tuesday said it will implement the ruling issued by the single-judge bench restraining Future Retail Ltd (FRL) from selling its retail assets for Rs 24,713 crore with Reliance Retail to sell its business, which was opposed by US-based e-commerce giant Amazon, in case no stay is obtained from the Supreme Court within four weeks.
RIL to double PET recycling capacity with new facility in Andhra Pradesh.
Aug 05, 2021, at 07:15 am
Mumbai/IBNS: Reliance Industries Limited (RIL), India’s largest private sector company is doubling its PET recycling capacity by setting up a recycled polyester staple fiber (PSF) manufacturing facility in Andhra Pradesh.
Reliance Retail acquires 40.95 pct stake in Just Dial
Jul 17, 2021, at 02:51 pm
Mumbai: Reliance Retail, which is an arm of Reliance Industries Limited, on Friday announced it has acquired a stake of 40.95 per cent for Rs. 3,497 crore in internet technology company Just Dial.
After Solving Digital Divide, RIL To Solve Green Energy Divide
Jul 12, 2021, at 05:10 pm
India’s Reliance Industries (RIL) is a prominent name in many sectors. Most popularly known as a fossil giant, RIL created quite a buzz in the telecom sector a few years back. RIL played a huge role in solving the digital divide in the country by providing extremely cheap internet prices and after fixing the issue of a digital divide to a large extent, it has proceeded to solve the green energy divide in the country too. Last month, Mukesh Ambani, the company chairperson, discussed his investment plan of Rs 75,000 crore in the clean energy segment. If the investment goes as planned, Reliance will be directly competing with China.
Reliance will complete $15 billion oil deal with Aramco in 2021
Jun 25, 2021, at 05:44 am
Mumbai/IBNS:Reliance Industries will fulfill the $15 billion oil deal with Aramco this year, Mukesh Ambani said at the 44th Annual General Meeting of Reliance Industries on Thursday.
RIL announces Saudi Aramco chairman Yasir Al-Rumayyan as independent director
Jun 25, 2021, at 04:37 am
Mumbai/IBNS: Reliance Industries chairman Mukesh Ambani on Thursday announced Saudi Aramco as its strategic partner and Yasir Al-Rumayyan as an independent director in its board.
Reliance Industries performance exceeded expectations despite pandemic: Mukesh Ambani
Jun 24, 2021, at 08:34 pm
Mumbai/IBNS: Reliance Industries chief Mukesh Ambani on Thursday said that the group exceeded performance expectations despite the pandemic, but what matters most is the humanitarian service provided by the group during the crisis in the country.
Mar 22, 2021, at 02:23 am
New Delhi/IBNS: Kishore Biyani-led Future Group has challenged the ruling of Delhi High Court's single-judge bench, upholding Singapore International Arbitration Centre's order that restrained Future Retail Ltd's (FRL) Rs 24,713 crore deal with Reliance Retail, a deal that was opposed by US-based e-commerce giant Amazon, media report said.