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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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Domestic gas pricing reform on cards, controls may be lifted

Domestic gas pricing reform on cards, controls may be lifted

🕔16:34, 30.Jun 2020

New Delhi, June 30 In one of the last reforms in the oil and gas sector, the government is set to free up pricing of all domestically produced natural gas that would help scale up local production from fields of

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RIL rights issue oversubscribed 1.1 times with two days to go

RIL rights issue oversubscribed 1.1 times with two days to go

🕔07:20, 2.Jun 2020

New Delhi, June 2  The RIL rights issue has got oversubscribed 1.1 times with two more days to go. ndia’s largest ever fund raising initiative – RIL’s Rs 53,124 crore rights Issue — received a resounding response from all its

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RIL’s consolidated Q4 net profit down to Rs 6,546 cr after exceptional item

RIL’s consolidated Q4 net profit down to Rs 6,546 cr after exceptional item

🕔07:35, 1.May 2020

New Delhi, May 01  The economic disruption caused by Covid-19 and the subsequent impact on crude oil prices dented Reliance Industries’ balance sheet during the January-March quarter of financial year 2019-20. Consequently, the company marked Rs 4,245 crore as an

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RIIL’s Q4 consolidated net profit up 19.3% to Rs 2.68 crore

RIIL’s Q4 consolidated net profit up 19.3% to Rs 2.68 crore

🕔07:15, 23.Apr 2020

Mumbai, April 23  Reliance Industrial Infrastructure Ltd (RIIL) on Wednesday reported a rise of 19.3 per cent in its consolidated net profit for the fourth quarter (Q4) of financial year 2019-20. The company’s net profit during the quarter under review

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Facebook’s investments in India besides $5.7 bn in Reliance Jio

Facebook’s investments in India besides $5.7 bn in Reliance Jio

🕔19:29, 22.Apr 2020

New Delhi, April 22  Much before announcing its $5.7 billion investment for nearly 10 per cent stake in Reliance Industries Limited (RIL)-led Jio Platforms on Wednesday, Facebook had already started investing in Indian firms. The social media giant made its

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Retail giants to locate logistic hubs in MP

Retail giants to locate logistic hubs in MP

🕔10:21, 4.Jan 2020

Bhopal, Jan 3 (IANS) Retail giants Walmart, Amazon and Reliance are gearing up to tap the strategic location of Madhya Pradesh to set up logistic bases by locating national distribution centres and warehouses in the state. The improved connectivity of Madhya

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Govt to lift pricing curbs on domestically produced gas

Govt to lift pricing curbs on domestically produced gas

🕔20:05, 11.Nov 2019

New Delhi, Nov 11 In one of the last reforms in the oil and gas sector, the government is set to free up pricing of all domestically produced gas that would help scale up local production from fields of ONGC,

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Saudi Aramco lists RIL investment, expansion in India in monster IPO prospectus

Saudi Aramco lists RIL investment, expansion in India in monster IPO prospectus

🕔13:06, 11.Nov 2019

New Delhi, Nov 11  Saudi Aramco launched has its prospectus for the worlds biggest IPO with a potential largest ever company valuation of estimates ranging wildly from $1.2-2.3 trillion, with an India angle-acquiring 20 per cent in Reliance Industries Limited

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