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Tag "Reliance Industries"

KKR to acquire 2.32% stake in Jio Platforms for Rs 11,367 crore

KKR to acquire 2.32% stake in Jio Platforms for Rs 11,367 crore

🕔10:52, 22.May 2020

Mumbai, May 22  Reliance Industries Limited (RIL) and Jio Platforms Limited, India’s leading digital services platform, announced on Friday that US private equity fund, KKR will invest Rs 11,367 crore into Jio Platforms. This transaction values Jio Platforms at an

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Mukesh Ambani foregoes salary until COVID-19 impact recedes

Mukesh Ambani foregoes salary until COVID-19 impact recedes

🕔07:36, 1.May 2020

Mumbai, May 01 Reliance Industries (RIL) Chairman Mukesh Ambani has decided to forego his entire salary until the impact of the coronavirus pandemic declines. Ambani has capped his salary at Rs 15 crore since Rs 2008-09. “The Board approved Mukesh Ambani’s

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More big investments into Jio likely in coming months: RIL

More big investments into Jio likely in coming months: RIL

🕔07:33, 1.May 2020

New Delhi, May 01 Reliance Industries (RIL) on Friday said that it has received strong interest from investors, and major investments into Jio Platforms, in the line with Facebook’s over Rs 43,000 crore investment, may be announced in the coming months.

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RIL to consider rights issue at April 30 board meeting

RIL to consider rights issue at April 30 board meeting

🕔07:19, 28.Apr 2020

Mumbai, April 28  After many years, Reliance Industries Ltd (RIL) will be coming out with a rights issue for its shareholders. A board meeting to discuss this will be held on April 30, RIL informed the stock exchanges on Monday.

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Mukesh Ambani with $44bn top Indian in Forbes world billionaires’ list

Mukesh Ambani with $44bn top Indian in Forbes world billionaires’ list

🕔14:53, 9.Apr 2020

New Delhi, April 9  Reliance Industries’ Chairman Mukesh Ambani has been ranked 17th in the latest world billionaires list by Forbes with a net worth of $44.3 billion – once again leading the tally from Indias perspective. Mukesh Ambani chairs

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RIL contributes Rs 500 crore to PM CARES Fund

RIL contributes Rs 500 crore to PM CARES Fund

🕔07:04, 31.Mar 2020

Mumbai, March 31  Reliance Industries (RIL), here on Monday, announced to contribute Rs 500 crore to the PM CARES Fund to help the fight against the coronavirus pandemic. In addition, the company has also contributed Rs 5 crore each to

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Reliance opens up India’s first dedicated COVID-19 facility

Reliance opens up India’s first dedicated COVID-19 facility

🕔16:50, 23.Mar 2020

Mumbai, March 23  Reliance Industries Ltd (RIL) on Monday announced it has set up India’s first dedicated COVID-10 hospital with 100-bed capacity in a short span of just two weeks. Sir H.N. Reliance Foundation Hospital in collaboration with the Brihanmumbai

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RIL initiates work from home, makes provision for key services

RIL initiates work from home, makes provision for key services

🕔07:20, 19.Mar 2020

Mumbai, March 19  Reliance Industries has initiated a work from home protocol for all its employees across the country and overseas in response to the evolving coronavirus situation. The company has made provisions for essential services. A senior RIL official

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Mukesh Ambani named world’s ninth richest, with 2 others

Mukesh Ambani named world’s ninth richest, with 2 others

🕔11:20, 29.Feb 2020

New Delhi, Feb 29 Reliance Industries Ltd (RIL) chief Mukesh Ambani is the ninth richest person in the world along with Steve Ballmer of Microsoft and Larry Page of Google, each having a net worth of $67 billion, according to the

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RIL consolidates media, distribution businesses into Network18

RIL consolidates media, distribution businesses into Network18

🕔08:59, 18.Feb 2020

Mumbai, Feb 17 Reliance Industries (RIL) on Monday announced a consolidation of its media and distribution businesses spread across multiple entities into Network18. Under the scheme of arrangement, TV18 Broadcast, Hathway Cable & Datacom and Den Networks will merge into

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RIL consolidates media, distribution businesses into Network18

RIL consolidates media, distribution businesses into Network18

🕔07:30, 18.Feb 2020

Mumbai, Feb 18  Reliance Industries (RIL) on Monday announced a consolidation of its media and distribution businesses spread across multiple entities into Network18. Under the scheme of arrangement, TV18 Broadcast, Hathway Cable & Datacom and Den Networks will merge into

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KG D6 project on track, new production from mid-2020: RIL-BP JV

KG D6 project on track, new production from mid-2020: RIL-BP JV

🕔06:28, 4.Feb 2020

Mumbai, Feb 4  Reliance Industries-BP joint venture’s new project from KG D6 project is on track to start new production by mid-2020, it was announced on Monday. The joint venture said that it has completed the safe cessation of production

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RIL’s Q3 net profit rises to Rs 11,640 crore

RIL’s Q3 net profit rises to Rs 11,640 crore

🕔06:33, 18.Jan 2020

New Delhi, Jan 18  Reliance Industries Ltd on Friday reported its highest-ever quarterly consolidated net profit of Rs 11,640 crore or $1.6 billion for the quarter ended December 31, 2019, rising by 13.5 per cent on a year-on-year basis. A

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RIL to pump in Rs 1.08L cr in new digital services subsidiary

RIL to pump in Rs 1.08L cr in new digital services subsidiary

🕔07:42, 26.Oct 2019

Mumbai, Oct 26  Reliance Industries on Friday said that it will set up a wholly-owned subsidiary for its digital platform initiatives with an investment of Rs 1.08 lakh crore. Accordingly, the company’s move will lead to the creation of the

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RIL’s Q2 net profit at record Rs 11,262 cr

RIL’s Q2 net profit at record Rs 11,262 cr

🕔07:26, 19.Oct 2019

New Delhi, Oct 19  Reliance Industries’ (RIL) consolidated net profit for the quarter ended September touched a record Rs 11,262 crore, rising by 18.34 per cent on a year-on-year basis. During the corresponding period of financial year 2018-19, it had

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Jio GigaFiber’s commercial services start Sep 5

Jio GigaFiber’s commercial services start Sep 5

🕔10:17, 13.Aug 2019

Mumbai, Aug 13  Reliance Industries (RIL) Chairman Mukesh Ambani on Monday announced the launch of Jio GigaFiber and said that the services would be available commercially from September 5. Speaking to shareholders at the 42nd Annual General Meeting (AGM), Ambani

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RIL to set up task force for investments in J&K, Ladakh

RIL to set up task force for investments in J&K, Ladakh

🕔10:15, 13.Aug 2019

Mumbai, Aug 13  Reliance Industries Ltd (RIL) Chairman Mukesh Ambani on Monday said that the company is committed to support the developmental needs of the new Union Territories of Jammu and Kashmir and Ladakh and that it will create a

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Reliance Brands to bring Tiffany to India

Reliance Brands to bring Tiffany to India

🕔16:16, 8.Aug 2019

Mumbai, Aug 8  Mukesh Ambani-led Reliance Industries (RIL) is set to bring Tiffany & Company to India, as RIL-arm Reliance Brands and Tiffany have announced a joint venture to open stores of the US-based luxury jeweller in the country. Tiffany

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RIL, BP in pact for retailing motor, aviation fuels

RIL, BP in pact for retailing motor, aviation fuels

🕔19:23, 6.Aug 2019

Mumbai, Aug 6  Reliance Industries (RIL) and British energy major BP on Tuesday announced a joint venture for expansion of motor and aviation fuels retail business. RIL will hold 51 per cent and BP 49 per cent stake in the

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RIL Q1 consolidated net profit up 6.8% to Rs 10,104 cr

RIL Q1 consolidated net profit up 6.8% to Rs 10,104 cr

🕔07:08, 20.Jul 2019

New Delhi, July 20  Reliance Industries Ltd. (RIL) on Friday reported 6.8 per cent increase in its consolidated net profit for the quarter ended June 30 of financial year 2019-20, on a year-on-year (YoY) basis. Accordingly, the company’s consolidated net

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