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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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Reliance, Viacom18 ink pact with Bodhi Tree Systems to form TV, digital streaming platforms

Reliance, Viacom18 ink pact with Bodhi Tree Systems to form TV, digital streaming platforms

🕔07:01, 28.Apr 2022

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,

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TA’ZIZ, Reliance sign shareholder agreement Ruwais chemicals project

TA’ZIZ, Reliance sign shareholder agreement Ruwais chemicals project

🕔06:46, 27.Apr 2022

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

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Reliance calls off Rs 24,371 crore Future Retail deal

Reliance calls off Rs 24,371 crore Future Retail deal

🕔08:33, 24.Apr 2022

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

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RIL-ACRE wins bid to acquire Sintex Industries, proposes to delist from BSE, NSE

RIL-ACRE wins bid to acquire Sintex Industries, proposes to delist from BSE, NSE

🕔06:14, 21.Mar 2022

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

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Reliance Retail acquires majority stake in innerwear brand Clovia

Reliance Retail acquires majority stake in innerwear brand Clovia

🕔06:12, 21.Mar 2022

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

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EU roadmap to cut reliance on Russian gas by two-third in a year

EU roadmap to cut reliance on Russian gas by two-third in a year

🕔05:31, 9.Mar 2022

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

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Reliance, Sanmina Corporation to create JV to manufacture electronic products

Reliance, Sanmina Corporation to create JV to manufacture electronic products

🕔14:57, 3.Mar 2022

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.

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Reliance also extended working capital support due to which Future Retail has been able to pay its statutory dues

Reliance also extended working capital support due to which Future Retail has been able to pay its statutory dues

🕔07:18, 28.Feb 2022

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

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Reliance Retail is ‘King of India Retail’: Bernstein

Reliance Retail is ‘King of India Retail’: Bernstein

🕔14:25, 24.Feb 2022

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

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RIL’s largest ever foreign currency bond issuance from India

RIL’s largest ever foreign currency bond issuance from India

🕔15:06, 6.Jan 2022

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

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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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