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Tag "reliance"

Jio Financial Services could be 5th-largest financial services company

Jio Financial Services could be 5th-largest financial services company

🕔16:33, 24.Nov 2022

New Delhi, Nov 24 (IANS) After demerger, Jio Financial Services (JFS) could be the fifth-largest financial services company in terms of networth, foreign brokerage, Macquarie said in a report. Reliance Industries (RIL) recently made an announcement to demerge its financial services

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Piramal Capital withdraws insolvency proceedings against Reliance Power

Piramal Capital withdraws insolvency proceedings against Reliance Power

🕔11:48, 16.Nov 2022

Mumbai, Nov 16 (IANS) Piramal Capital has withdrawn the insolvency proceedings against Reliance Power Ltd. Reliance Power, in a stock exchange disclosure, has informed that the Piramal Capital and Housing Finance has withdrawn the application made against Reliance Power Ltd. under

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Reliance Industries ranked 20th in the world, highest among Indian companies in World’s Best Employers rankings

Reliance Industries ranked 20th in the world, highest among Indian companies in World’s Best Employers rankings

🕔07:42, 7.Nov 2022

New Delhi, Nov 7 (IANS) Reliance Industries has been ranked highest amongst Indian companies in the list of Forbes World’s Best Employers for 2022. RIL is ranked 20th in the world and the highest among Indian companies ahead of HDFC Bank

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Akash Ambani to launch 5G services in Raj from Shrinathji temple on Sat

Akash Ambani to launch 5G services in Raj from Shrinathji temple on Sat

🕔07:11, 22.Oct 2022

Jaipur, Oct 22 (IANS) Reliance Jio Chairman Akash Ambani will launch 5G services in Rajasthan from the famous Shrinathji temple in Nathdwara, Rajsamand, on Saturday, Reliance officials told IANS. As per the information received, Akash Ambani will reach Udaipur on Saturday

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RIL shareholders to get shares on 1:1 basis in soon to be listed JFSL

RIL shareholders to get shares on 1:1 basis in soon to be listed JFSL

🕔07:10, 22.Oct 2022

New Delhi, Oct 22 (IANS) The Board of Directors of Reliance Industries Limited (RIL), at its meeting held on Friday, approved a scheme of arrangement among RIL, Reliance Strategic Investments Limited (RSIL) and their respective shareholders and creditors in terms of

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Reliance Jio posts Rs 4,518 crore net for Q2

Reliance Jio posts Rs 4,518 crore net for Q2

🕔07:02, 22.Oct 2022

Mumbai, Oct 22 (IANS) Telecom major Reliance Jio Infocomm Ltd on Friday said it has logged Rs 4,518 crore net profit for the second quarter of FY23. During the period under review, Reliance Jio had earned a net profit of Rs

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Reliance Jio posts Rs 4,518 crore net for Q2

Reliance Jio posts Rs 4,518 crore net for Q2

🕔18:42, 21.Oct 2022

Mumbai, Oct 21 (IANS) Telecom major Reliance Jio Infocomm Ltd on Friday said it has logged Rs 4,518 crore net profit for the second quarter of FY23. During the period under review, Reliance Jio had earned a net profit of Rs

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Reliance Capital resolution process deadline to be extended by 90 days to Feb 1

Reliance Capital resolution process deadline to be extended by 90 days to Feb 1

🕔06:39, 6.Oct 2022

Mumbai, Oct 6 (IANS) The completion deadline for Reliance Capital resolution process is to be extended by 90 days to February 1, 2023. The current deadline ends on November 1. The administrator is all set to approach NCLT Mumbai to seek

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Reliance, Sanmina complete JV transaction to build manufacturing hub in India

Reliance, Sanmina complete JV transaction to build manufacturing hub in India

🕔15:28, 4.Oct 2022

Mumbai, Oct 4 (IANS) Integrated manufacturing solutions company Sanmina Corporation and Reliance Strategic Business Ventures Limited (RSBVL), a wholly-owned subsidiary of Reliance Industries Limited (RIL), on Tuesday announced the completion of their joint venture transaction. The joint venture will create a

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Natural gas price increase negative for GAIL, IGL, marginal beneficiary is RIL

Natural gas price increase negative for GAIL, IGL, marginal beneficiary is RIL

🕔19:35, 3.Oct 2022

Chennai, Oct 3 (IANS) The central government’s decision to increase the domestic administered pricing mechanism (APM) gas price will negate the benefit of increased APM gas allocation to compressed natural gas (CNG) players, Jefferies said in a report. In a report,

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RIL expands its value chain to improve capabilities in solar panel manufacturing

RIL expands its value chain to improve capabilities in solar panel manufacturing

🕔14:27, 23.Sep 2022

New Delhi, Sep 23 (IANS) The pieces to develop end-to-end solar panel manufacturing capabilities are all coming together in the Reliance Industries announcement to acquire a stake in solar glass coatings provider, Caelux. RIL announced to acquire a 20 stake in

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RIL in driver’s seat in $ 74 bn green hydrogen opportunity

RIL in driver’s seat in $ 74 bn green hydrogen opportunity

🕔19:33, 21.Sep 2022

New Delhi, Sep 21 (IANS) RIL’s green hydrogen foray is part of its Net Carbon Zero target by 2035. Falling renewable cost and scale economics will lower green hydrogen cost. Given the capex intensity, RIL’s strong balance sheet and backward integration

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Reliance Power and its subsidiary to raise long-term resources up to Rs 1200 cr from Varde Partners

Reliance Power and its subsidiary to raise long-term resources up to Rs 1200 cr from Varde Partners

🕔17:40, 5.Sep 2022

New Delhi, Sep 5 (IANS) Reliance Power Limited (RPL) and its subsidiary entered into an indicative Memorandum of Understanding (MoU) with Varde Partners for availing debt of up to Rs 1,200 crore (US$ 150 million) for settlement and discharge and/or acquisition

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Jio’s capex outlay of $25bn for 5G roll out, scale up of home broadband key takeaways from RIL AGM

Jio’s capex outlay of $25bn for 5G roll out, scale up of home broadband key takeaways from RIL AGM

🕔13:51, 30.Aug 2022

New Delhi, Aug 30 (IANS) Jio’s capex outlay of $25 billion for the roll out of 5G and scale up its home broadband were the two key takeaways from RIL AGM, foreign brokerage Jefferies said in a report. Monetization of this

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Financial Bids for Reliance Capital to be submitted on Monday

Financial Bids for Reliance Capital to be submitted on Monday

🕔06:56, 29.Aug 2022

Mumbai, Aug 29 (IANS) The bidders for Reliance Capital assets have to submit their financial bids by August 29 (Monday), as the final deadline for the submission of bids ends tomorrow. The bidders will submit their final non binding indicative bids

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Reliance Jio, Voda step up hiring as 5G related job postings up 65%

Reliance Jio, Voda step up hiring as 5G related job postings up 65%

🕔19:05, 17.Aug 2022

New Delhi, Aug 17 (IANS) As India and other countries take concrete steps to adopt 5G, the number of job postings by telcos related to 5G increased by 65 per cent last month, from 5,265 job postings in January to 8,667

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Reliance builds technology & innovation portfolio for Green Energy foray through partnerships, acquisitions, R&D

Reliance builds technology & innovation portfolio for Green Energy foray through partnerships, acquisitions, R&D

🕔13:35, 8.Aug 2022

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

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Mega 5G spectrum ends with over Rs 1.5L cr in bids, Reliance Jio leads

Mega 5G spectrum ends with over Rs 1.5L cr in bids, Reliance Jio leads

🕔18:29, 1.Aug 2022

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

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Reliance Jio posts robust set of numbers for Q1 FY23

Reliance Jio posts robust set of numbers for Q1 FY23

🕔07:22, 23.Jul 2022

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

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Aided by new energy biz, Reliance may add $50 bln m-cap in 2022: Morgan Stanley

Aided by new energy biz, Reliance may add $50 bln m-cap in 2022: Morgan Stanley

🕔10:01, 10.May 2022

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

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