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Reliance New Energy Solar to invest in NexWafe as strategic lead investor

Reliance New Energy Solar to invest in NexWafe as strategic lead investor

🕔05:20, 13.Oct 2021

Freiburg (Germany), Oct 13 (IANS) NexWafe GmbH (NexWafe) on Tuesday announced the induction of Reliance New Energy Solar Ltd (RNESL), a wholly-owned subsidiary of Reliance Industries Ltd, as a strategic lead investor in its 39 million euros ($45 million) Series C

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Silicon, hydrogen to emerge as ‘New Oil’ for RIL

Silicon, hydrogen to emerge as ‘New Oil’ for RIL

🕔15:36, 5.Oct 2021

New Delhi, Oct 5 (IANS) Reliance Industries Limited (RIL) has planned to transform its energy business with an over-arching strategy to offer decarbonisation solutions globally at a competitive price (similar to its existing energy portfolio) in a market potentially worth $5

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Domestic gas producers allowed to sell 10% output on exchanges

Domestic gas producers allowed to sell 10% output on exchanges

🕔22:11, 26.Aug 2021

New Delhi, Aug 26 (IANS) In yet another reform initiative, the government has now allowed domestic gas producers such as ONGC, OIL, Reliance, and Vedanta to sell a small quantity of their produce, through gas exchanges, for better price discovery. As

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RInfra-led BSES discoms sign for 510 MW of green power with SECI

RInfra-led BSES discoms sign for 510 MW of green power with SECI

🕔20:09, 20.Jul 2021

New Delhi, July 20  In a major push for clean energy, Reliance Infrastructure led BSES discoms have inked Power Sale Agreements (PSA) with the Solar Energy Corporation of India (SECI) to procure 510 MW of solar and bundled hybrid power.

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Jio launches “Emergency Data Loan” facility

Jio launches “Emergency Data Loan” facility

🕔06:27, 4.Jul 2021

New Delhi, July 4  Emergency data loan facility provides flexibility of ‘Recharge Now and Pay Later functionality to Jio users who run out of their high speed daily data quota and are unable to recharge immediately. Under this, Jio will

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E-comm rules: Fight between Amazon, Flipkart vs Reliance, Tata to intensify

E-comm rules: Fight between Amazon, Flipkart vs Reliance, Tata to intensify

🕔12:20, 30.Jun 2021

New Delhi, June 30  As ecommerce regulations are tightened, fight between foreign companies Amazon, Flipkart and Indian companies Reliance, Tata Group is set to intensify. Foreign brokerage, Jefferies said in a note, “The proposed rules now target indirect ownership in

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Jio comes up with special initiatives for JioPhone users amid pandemic

Jio comes up with special initiatives for JioPhone users amid pandemic

🕔18:07, 14.May 2021

Mumbai, May 14  Jio has come up with special initiatives for the pandemic period including free 300 minutes of outgoing calls per month for the entire period of the pandemic, to JioPhone users who have not been able to recharge

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After O2, RIL to provide 875 beds for Covid-hit in Mumbai

After O2, RIL to provide 875 beds for Covid-hit in Mumbai

🕔19:13, 26.Apr 2021

Mumbai, April 26  Ramping up its operations for Covid-care, the Reliance Foundation (RF) on Monday announced setting up 875 beds in different city hospitals across Mumbai, making it the biggest contribution by any philanthropic organisation in the state as it

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SEBI imposes fine on Mukesh Ambani, RIL for ‘manipulative trading’

SEBI imposes fine on Mukesh Ambani, RIL for ‘manipulative trading’

🕔16:11, 2.Jan 2021

Mumbai, Jan 2  The Securities and Exchange Board of India (SEBI) has imposed a penalty of Rs 25 crore and Rs 15 crore respectively on Reliance Industries (RIL) and its Chairman Mukesh Ambani for manipulative trading. The SEBI order observed

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R-Cluster heralds new phase in India’s domestic gas: Axis Capital

R-Cluster heralds new phase in India’s domestic gas: Axis Capital

🕔16:51, 21.Dec 2020

New Delhi, Dec 21  RIL-BP announced start of gas production from first of its three cluster fields in KG-D6 basin which heralds a new phase in Indias domestic gas. Axis Capital said in a note that this is India’s deepest

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Futures Retail anticipates liquidation if deal with RIL fails

Futures Retail anticipates liquidation if deal with RIL fails

🕔14:18, 28.Oct 2020

New Delhi, Oct 28  As a Singapore arbitration court has temporarily halted the acquisition process of Future Group’s retail business by Reliance Retail, there has been speculation over what happens to Future Retail if the deal does not actually go

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Future-RRVL deal stalled; RRVL says ‘intend to enforce rights & complete transaction’

Future-RRVL deal stalled; RRVL says ‘intend to enforce rights & complete transaction’

🕔07:09, 26.Oct 2020

New Delhi, Oct 26  E-commerce major Amazon has got a favourable ruling in Singapore regarding the Reliance Retail’s buyout of the debt-laden Future Group as the deal has been temporarily stalled. Reliance Retail Ventures Ltd in a statement said that

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AI will expand capacity to solve India’s pressing problems: Mukesh Ambani

AI will expand capacity to solve India’s pressing problems: Mukesh Ambani

🕔06:57, 6.Oct 2020

New Delhi, Oct 6  Reliance Industries Ltd (RIL) Chairman Mukesh Ambani said on Monday that AI and other associated technologies of the 4th Industrial Revolution will vastly expand the capacity to solve most complex and pressing problems before India and

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Relief for Jio, Airtel as SC rules out AGR dues on shared spectrum

Relief for Jio, Airtel as SC rules out AGR dues on shared spectrum

🕔08:32, 2.Sep 2020

New Delhi, Sep 2  The Supreme Court on Tuesday said shared operator telecom service providers (TSPs) cannot be saddled with the liability to pay the past AGR dues of licensees that have shared the spectrum. The decision exempts Reliance Jio

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Reliance takes over Future: Major consolidation of organised grocery retail

Reliance takes over Future: Major consolidation of organised grocery retail

🕔07:58, 1.Sep 2020

New Delhi, Sept 01  Reliance takeover of Future Group’s retail business marks a major consolidation in the Indian organised retail sector, with two of the top three players merging. A research report by foreign brokerage, Credit Suisee said the Reliance

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Mukesh Ambani in talks to buy several retail ecommerce firms

Mukesh Ambani in talks to buy several retail ecommerce firms

🕔17:59, 18.Aug 2020

New Delhi, Aug 18  Mukesh Ambani is looking to expand his retail footprint by acquiring several ecommerce players. This is being seen as a precursor to the ongoing battle with Amazon for India’s hot ecommerce retail market. Mukesh Ambani’s Reliance

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IT services, RIL among beneficiaries as digital dominates India Inc’s commentary

IT services, RIL among beneficiaries as digital dominates India Inc’s commentary

🕔15:34, 17.Aug 2020

New Delhi, Aug 17 IT services companies, automation firms and new economy plays like Reliance Industries Limited (RIL) will be the key beneficiaries of India Incs renewed digital push. According to a research report by foreign brokerage Bernstein, “We tap into

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RIL board meet to consider results deferred to July 30

RIL board meet to consider results deferred to July 30

🕔07:23, 22.Jul 2020

New Delhi, July 22 The board of directors meeting of the Reliance Industries Limited (RIL) scheduled for July 24 to consider the quarterly results will now be held on July 30. “Further to our letter dated July 18, 2020, kindly note

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RIL is looking to lead India’s 4th Industrial Revolution

RIL is looking to lead India’s 4th Industrial Revolution

🕔07:28, 17.Jul 2020

New Delhi, July 17 Similar to Alibaba and Tencent which created tech-based ecosystems in China, Reliance Industries Limited (RIL) is best positioned to create a similar ecosystem in India, according to BofA Securities. It said that RIL is best positioned to

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Qualcomm to invest Rs 730 cr in Jio Platforms

Qualcomm to invest Rs 730 cr in Jio Platforms

🕔07:19, 13.Jul 2020

New Delhi, July 13 The investment spree into Reliance Industries’ Jio Platforms continues, with technology major Qualcomm coming in with Rs 730 crore to pick up 0.15 per cent stake. Reliance Industries on Sunday announced that Qualcomm Ventures, the investment arm

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