New Delhi, Aug 8 (IANS) In his letter to shareholders, Mukesh Ambani, Chairman and Managing Director, Reliance Industries, said “we entered into a series of partnerships, including equity investments, with local and international corporates with unique technological and execution capabilities, with
New Delhi, Aug 1 (IANS) Led by Reliance Jio, the mega 5G spectrum auction ended on Monday after receiving record bids worth over Rs 1.5 lakh crore in 40 rounds spanning across seven days. 5G airwaves worth Rs 1,50,173 crore has
Mumbai, July 22 (IANS) Reliance Jio posted a robust set of numbers for Q1 FY 23 results announced on Friday. As per the results, Reliance Jio revenue from operations jumped 21.6 per cent to Rs 21,873 crore compared to Rs 17,994
Global investment banking firm Morgan Stanley has said that Reliance Industries is on a path toward a $20 billion+ EBITDA run rate inflection, which could be supported by five major factors. Besides the firm’s new energy business could add $50
Reliance and Viacom18 on Wednesday announced a strategic partnership with Bodhi Tree Systems — a platform of James Murdoch’s Lupa Systems and Uday Shankar — to form one of the largest TV and digital streaming companies in India. New Delhi,
New Delhi, April 27 (IANS) Abu Dhabi Chemicals Derivatives Company RSC Ltd (TA’ZIZ) and Reliance Industries Ltd (RIL) have signed the formal Shareholder Agreement for the TA’ZIZ EDC & PVC project. Reliance is India’s largest diversified conglomerate and a strategic partner
Reliance Industries Limited (RIL) has called off the deal with Future Retail Ltd (FRL) after FRLs secured creditors voted against the scheme. Mumbai, April 23 (IANS) Reliance Industries Limited (RIL) has called off the deal with Future Retail Ltd (FRL) after
The resolution plan of Reliance Industries-Assets Care and Reconstruction Enterprise (RIL-ACRE) consortium to acquire Sintex Industries has been approved by the committee of creditors (CoC), the company said in a regulatory filing to the exchanges on Sunday. New Delhi, March
Reliance Retail Ventures Ltd on Sunday announced it has acquired 89 per cent equity stake in Purple Panda Fashions, which operates the Indian lingerie brand Clovia. New Delhi, March 21 (IANS) Reliance Retail Ventures Ltd on Sunday announced it has acquired
The European Commission has outlined a new energy roadmap designed to cut reliance on Russian gas by two-third in just a year, BBC reported. New Delhi, March 9 (IANS) The European Commission has outlined a new energy roadmap designed to cut
Nasdaq-listed integrated manufacturing solutions company Sanmina Corporation and Reliance Strategic Business Ventures, a wholly-owned subsidiary of Reliance Industries have entered into an agreement to create a joint venture through an investment in Sanmina’s existing Indian entity named Sanmina SCI India.
In order that the Future Retail Limited (FRL) business could continue, Reliance also extended working capital support due to which FRL has been able to pay its statutory dues, pay interest and one time settlement amount to banks to continue
Reliance Retail continues to execute strongly and has grown its retail footprint by 39 per cent (in sq.ft) since pandemic, added multiple brands and expanded its digital/new commerce, foreign brokerage, Bernstein said in a report. New Delhi, Feb 24 (IANS) Reliance
New Delhi, Jan 6 (IANS) Reliance Industries Limited (RIL) announced that on January 5, 2022, it has priced a Rule 144A/ Regulation multi-tranche offering aggregating $4 billion, comprising $1.5 bn Senior Unsecured Notes due 2032; $1.75 bn Senior Unsecured Notes due
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
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
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
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.
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
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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