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
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
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
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
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
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
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
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
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
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
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
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
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
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
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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