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Tag "Reliance Industries"

RIL to buy 73% stake in AI-based edutech firm Embibe

RIL to buy 73% stake in AI-based edutech firm Embibe

🕔15:17, 13.Apr 2018

Mumbai, April 13  Reliance Industries (RIL) on Friday announced it has agreed to buy a majority stake of 72.69 per cent in the artificial intelligence (AI)-based education platform Indiavidual Learning Pvt Ltd (Embibe) from existing investors over the next three

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RIL to combine Saavn with JioMusic

RIL to combine Saavn with JioMusic

🕔09:45, 24.Mar 2018

Mumbai, March 24  Reliance Industries (RIL) on Friday said that it has executed definitive agreements for combination of Saavn, a leading global music OTT (over-the-top) platform, with its digital music service — JioMusic. According to the company, the combined entity

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RIL seeks collaboration with Estonia for e-governance solutions for India

RIL seeks collaboration with Estonia for e-governance solutions for India

🕔14:42, 13.Mar 2018

Mumbai, March 13  In a meeting with an Estonian government delegation, Chairman and Managing Director of Reliance Industries (RIL) Mukesh Ambani on Tuesday expressed his desire to collaborate with the country to develop better e-governance solutions for India. A statement

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RIL signs Rs 60,000 cr of MoUs at ‘Magnetic Maharashtra’

RIL signs Rs 60,000 cr of MoUs at ‘Magnetic Maharashtra’

🕔09:55, 21.Feb 2018

Mumbai, Feb 21  Mukesh Ambani-led Reliance Industries Ltd (RIL) has signed 25 MoUs at the ongoing ‘Magnetic Maharashtra: Convergence Summit 2018’ with various global giants with an investment of Rs 60,000 crore over 10 years to create 100,000 jobs, it was

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Reliance Industries wins Golden Peacock Award 2017 for CSR

Reliance Industries wins Golden Peacock Award 2017 for CSR

🕔20:34, 9.Feb 2018

Mumbai, Feb 9  Reliance Industries (RIL) on Friday said it has been awarded the Golden Peacock Award 2017 for corporate social responsibility (CSR) initiatives. In a statement here, RIL said that the award was a recognition, in particular, of the

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RIL forays into new materials, buys Kemrock Industries’ assets

RIL forays into new materials, buys Kemrock Industries’ assets

🕔23:32, 6.Sep 2017

Mumbai, Sep 6 (IANS) Mukesh Ambani-led Reliance Industries (RIL) on Wednesday announced its foray into the composites, or new materials, business with its acquisition of assets of Kemrock Industries based at Vadodara in Gujarat. “RIL participated in an on-line e-bidding process

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Reliance Foundation’s Rs 10 cr aid for 4 flood-hit Gujarat villages

Reliance Foundation’s Rs 10 cr aid for 4 flood-hit Gujarat villages

🕔10:13, 10.Aug 2017

Banaskantha, Aug 10  Mukesh Ambani-led Reliance Industries’ (RIL) philanthropic arm on Wednesday announced it is in talks with the Gujarat government to adopt four worst affected villages in flood-hit Banaskantha district for rehabilitation beyond the immediate relief efforts. “This will

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RIL to invest $25 mn in innovation incubator in Israel

RIL to invest $25 mn in innovation incubator in Israel

🕔10:16, 21.Jul 2017

Mumbai, July 21  Mukesh Ambani-led Reliance Industries (RIL) on Thursday announced it will invest $25 million in a technology incubator — the Jerusalem Innovation Incubator (JII) — which will reinvest in early stage start-ups working in the areas of artificial

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RIL crosses Rs 5 lakh crore m-cap mark for first time

RIL crosses Rs 5 lakh crore m-cap mark for first time

🕔19:42, 17.Jul 2017

Mumbai, July 17 (IANS) The market capitalisation (m-cap) of industrialist Mukesh Ambani-led Reliance Industries (RIL) crossed the Rs 500,000 crore-mark for the first time on Monday. According to market observers, RIL became only the second company after Tata Group’s multinational IT

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RIL, BP to invest Rs 40,000 crore in energy projects in India

RIL, BP to invest Rs 40,000 crore in energy projects in India

🕔10:20, 16.Jun 2017

New Delhi, June 16  Reliance Industries (RIL) and British energy major BP on Thursday annnouced the creation of a joint venture energy vertical to work across the entire value chain, involving investment of $6 billion, or Rs 40,000 crore. This

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Jio puts Mukesh Ambani on top of Forbes’ Global Game Changers

Jio puts Mukesh Ambani on top of Forbes’ Global Game Changers

🕔15:38, 17.May 2017

New York, May 17  Forbes magazine has named Reliance Industries (RIL) Chairman Mukesh Ambani as the topmost among its “Global Game Changers” who are transforming their industries and changing the lives of billions around the world. Ambani features at the

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RIL commissions giant ethane project in Gujarat

RIL commissions giant ethane project in Gujarat

🕔09:44, 20.Apr 2017

Mumbai, April 20  Reliance Industries (RIL) on Wednesday announced the commissioning of its ethane gas project at its Dahej manufacturing facility in Gujarat, including the ethane receipt and handling facilities and ethane cracking, all within a record three years. The

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Reliance Jio crosses 100 mn customers: Mukesh Ambani

Reliance Jio crosses 100 mn customers: Mukesh Ambani

🕔11:25, 16.Feb 2017

Mumbai, Feb 16  Reliance Industries Ltd Chairman and Managing Director Mukesh Ambani on Wednesday said the company’s newly-launched telecom venture Reliance Jio has crossed 100 million customer base.“When we started Jio we set a target of 100 million customers in

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Reliance Industries to challenge $1.55 bn gas dispute demand

Reliance Industries to challenge $1.55 bn gas dispute demand

🕔10:07, 5.Nov 2016

Mumbai, Nov 5  Reliance Industries on Friday said the government’s demand of $1.55 billion from it and its consortium members BP and Niko on the Krishna-Godavari gas dispute had no basis on how the figure was calculated and that it

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Reliance to sell entire stake in Gulf Africa Petroleum

Reliance to sell entire stake in Gulf Africa Petroleum

🕔15:11, 31.May 2016

Mumbai, May 31  Reliance Industries on Tuesday said it has executed a pact with Total to sell its entire 76-percent stake in the Mauritius-incorporated Gulf Africa Petroleum Corp, held by the company’s wholly-owned subsidiary.The size of the deal was not

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RIL entitled to recover costs on unviable gas finds: Parliament panel

RIL entitled to recover costs on unviable gas finds: Parliament panel

🕔09:47, 29.Apr 2016

New Delhi, April 29  Parliament’s Public Accounts Committee holds Reliance Industries Ltd (RIL) is entitled to recover all costs incurred on unviable gas discoveries since the government’s directorate general of Hydrocarbons had allowed the company to retain the entire KG-D6

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RIL denied gas pricing freedom till legal suit settled

RIL denied gas pricing freedom till legal suit settled

🕔09:46, 12.Mar 2016

New Delhi, March 12  The government on Friday clarified that the decision to allow marketing and pricing freedom for gas produced in difficult areas will not apply to Reliance Industries’ (RIL) discoveries in the KG-D6 block unless the company withdrew

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HC asks government to take decision on KG basin issue

HC asks government to take decision on KG basin issue

🕔10:21, 11.Sep 2015

New Delhi, Sep 10  The Delhi High Court on Thursday directed the central government to take a decision, within six months of receiving the report of an expert panel set up on the dispute between state-run Oil and Natural Gas

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Reliance Industries allowed to sell LPG to private marketers

Reliance Industries allowed to sell LPG to private marketers

🕔11:04, 1.Sep 2015

New Delhi, Sept 01  The Mukesh Ambani-led Reliance Industries Ltd (RIL) has been permitted to sell up to 120,000 tonnes of its LPG (cooking gas) output to private cooking gas marketers as per a government order.The petroleum ministry order, valid

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Reliance Industries net up 4.4 percent but on lower turnover

Reliance Industries net up 4.4 percent but on lower turnover

🕔10:05, 25.Jul 2015

Mumbai, July 25  In line with analysts’ expectations, Reliance Industries on Friday said its consolidated net profit for the first quarter of this financial year was up 4.4 percent at Rs.6,222 crore (around $1 billion) from Rs.5,957 crore in the

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