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Tag "Reliance Industries"

RIL PP now more valuable than Tata Steel, Grasim, Zee

RIL PP now more valuable than Tata Steel, Grasim, Zee

🕔07:27, 15.Jul 2020

New Delhi, July 15  Shares of Reliance Industries’ partly-paid (RIL PP) on Tuesday completed one month of trading and in this short period it has created 3.3 times value for investors. The shares closed at Rs 1,041.65 on NSE on

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RIL’s m-cap hits Rs 12 lakh cr, shares at fresh high

RIL’s m-cap hits Rs 12 lakh cr, shares at fresh high

🕔11:20, 13.Jul 2020

Mumbai, July 13 Reliance Industries (RIL) on Monday became the first Indian company to reach market capitalisation of Rs 12 lakh crore, with shares reaching a fresh high of Rs 1,938.80. Around 10 a.m., RIL’s market capitalisation was at over Rs

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Mukesh Ambani world’s 7th richest, overtakes Warren Buffet

Mukesh Ambani world’s 7th richest, overtakes Warren Buffet

🕔07:24, 11.Jul 2020

New Delhi, July 11  Reliance Industries (RIL) Chairman Mukesh Ambani has become the seventh richest person in the world overtaking Warren Buffet, one of the most successful investors globally, according to the Forbes Real Time Billionaires Index. As per the

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RIL, BP launch fuel and mobility joint venture

RIL, BP launch fuel and mobility joint venture

🕔07:14, 10.Jul 2020

New Delhi, July 10  Reliance Industries Ltd (RIL) and British Petroleum (BP) on Thursday announced the start of their new Indian fuels and mobility joint venture, Reliance BP Mobility Limited (RBML). Following initial agreements in 2019, BP and RIL teams

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Jio Platforms receives Rs 43,574 cr from Facebook after approvals

Jio Platforms receives Rs 43,574 cr from Facebook after approvals

🕔07:58, 8.Jul 2020

New Delhi, July 8  Jio Platforms has received Rs 43,574 crore from Facebook, which now owns 9.99 per cent in the company. In a filing with stock exchanges, Reliance Industries Ltd (RIL) said this is further to the announcement on

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Unable to comment on rumours about deal with Future Group: RIL

Unable to comment on rumours about deal with Future Group: RIL

🕔07:41, 3.Jul 2020

New Delhi, July 3 Reliance Industries Limited (RIL) has clarified that it is unable to comment on speculation and rumours on a deal to acquire the retail businesses of Future Group. RIL was replying in a clarification to stock exchanges on

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Reliance expected to spin-off Jio, Retail over 3-4 yrs

Reliance expected to spin-off Jio, Retail over 3-4 yrs

🕔07:32, 25.Jun 2020

New Delhi, June 25  Analysts expect a break-up of Reliance Industries Limited (RIL) in the next 3-4 years through the IPO of the Jio and Retail business segments which should unlock additional shareholder value. Broking house Bernstein said in a

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RIL working to complete strategic tie up with Saudi Aramco: Mukesh Ambani

RIL working to complete strategic tie up with Saudi Aramco: Mukesh Ambani

🕔07:46, 24.Jun 2020

New Delhi, June 24  Reliance Industries Ltd (RIL) is working to complete the contours of a strategic partnership with Saudi Aramco, Chairman and Managing Director Mukesh Ambani said in a letter to shareholders. In the letter to shareholders in RIL’s

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Another investment in Jio Platforms, now ADIA to put in Rs 5,683 cr

Another investment in Jio Platforms, now ADIA to put in Rs 5,683 cr

🕔20:01, 7.Jun 2020

Mumbai, June 7 In yet another major investment into Jio Platforms, Reliance Industries Ltd (RIL) on Sunday announced an investment of Rs 5,683.50 crore by a wholly-owned subsidiary of the Abu Dhabi Investment Authority (ADIA). This investment values Jio Platforms

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Defying Covid, Jio Platforms raises Rs 92,202 crore in six weeks

Defying Covid, Jio Platforms raises Rs 92,202 crore in six weeks

🕔17:19, 6.Jun 2020

New Delhi, June 6  Reliance Industries Ltd and Jio Platforms Ltd announced on Friday that Silver Lake and its co-investors will invest an additional Rs 4,546.80 crore in Jio Platforms. This is in addition to the Rs 5,655.75 crore of

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Abu Dhabi-based Mubadala invests Rs 9,093 cr in Jio Platforms

Abu Dhabi-based Mubadala invests Rs 9,093 cr in Jio Platforms

🕔10:13, 5.Jun 2020

Mumbai, June 5 Reliance Industries Ltd on Friday announced that Mubadala Investment Company (Mubadala), the Abu Dhabi-based sovereign investor, will invest Rs 9,093.60 crore in Jio Platforms at an equity value of Rs 4.91 lakh crore and an enterprise value of

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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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