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Consumer business boosts Reliance Industries’ consolidated revenues to Rs 2.40 lakh crore in Q3 FY23

Consumer business boosts Reliance Industries’ consolidated revenues to Rs 2.40 lakh crore in Q3 FY23

🕔07:16, 21.Jan 2023

New Delhi, Jan 21 (IANS) Reliance Industries posted consolidated revenues at Rs 240,963 crore ($29.1 billion) in Q3 FY23, up 14.8 per cent YoY, supported by continuing growth momentum in consumer businesses. Reliance posted quarterly consolidated EBITDA at Rs 38,460 crore

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Reliance Industrial Infra logs Rs 190.43L net for Q3

Reliance Industrial Infra logs Rs 190.43L net for Q3

🕔16:26, 20.Jan 2023

Chennai, Jan 20 (IANS) Reliance Industrial Infrastructure Limited on Friday said it logged a net profit of Rs 190.43 lakh for the third quarter of FY23. The company in a statement issued said for the period ended December 31, 2022 its

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RIL subsidiary acquires 23.3% stake in Exyn Technologies

RIL subsidiary acquires 23.3% stake in Exyn Technologies

🕔07:28, 23.Dec 2022

New Delhi, Dec 23 (IANS) Reliance Strategic Business Ventures Limited (RSBVL), a wholly owned subsidiary of Reliance Industries Limited (RIL), on Thursday acquired 23.3 per cent stake in Exyn Technologies Inc (Exyn) for a total consideration of $25 million. In an

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Reliance Industries tops charts on Wizikey Newsmaker Ranking

Reliance Industries tops charts on Wizikey Newsmaker Ranking

🕔15:23, 13.Dec 2022

New Delhi, Dec 13 (IANS) Reliance Industries Ltd, India’s largest corporate by revenues, profits, and market value, topped the 2022 Wizikey Newsmaker report as India’s most-visible corporate in the media. State Bank of India (SBI), ICICI Bank Limited, Bharti Airtel Limited,

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Independent valuers give liquidation value of Rs 13,000 cr for Reliance Capital

Independent valuers give liquidation value of Rs 13,000 cr for Reliance Capital

🕔18:48, 1.Dec 2022

Mumbai, Dec 1 (IANS) The Reliance Capital Administrator, in the COC meeting held on Wednesday presented the valuation reports of the Independent valuers – Duff & Phelps and RBSA, to the lenders. According to sources, Independent valuers Duff & Phelps and

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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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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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RIL to restructure group EPC resources

RIL to restructure group EPC resources

🕔07:09, 22.Oct 2022

New Delhi, Oct 22 (IANS) The Board of Reliance Industries Ltd (RIL) on Friday approved a scheme of arrangement under which the EPC and infrastructure undertaking of Reliance Projects and Property Management Services Ltd (RPPMSL), a wholly-owned subsidiary of RIL, is

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Gas price hike reduces past decade of skepticism on quality of returns for hydrocarbon producers

Gas price hike reduces past decade of skepticism on quality of returns for hydrocarbon producers

🕔20:00, 3.Oct 2022

New Delhi, Oct 3 (IANS) India’s producer price increase to the highest ever should not only surprise investors but also reduce past decade of skepticism on quality of returns for hydrocarbon producers, foreign brokerage, Morgan Stanley said in a report. While

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Jio to bring 5G to every Indian by Dec 2023: Mukesh Ambani

Jio to bring 5G to every Indian by Dec 2023: Mukesh Ambani

🕔14:00, 1.Oct 2022

New Delhi, Oct 1 (IANS) Reliance Industries Chairman and Managing Director Mukesh Ambani on Saturday announced that Jio will bring 5G services to all Indians by December 2023. Addressing the sixth edition of Indian Mobile Congress (IMC) 2022 in the presence

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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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RIL invested $ 6.6 bn in inorganic acquisitions since 2018

RIL invested $ 6.6 bn in inorganic acquisitions since 2018

🕔12:49, 12.Sep 2022

New Delhi, Sep 12 (IANS) Reliance Industries Limited (RIL) has invested $6.6 billion since 2018 in inorganic acquisitions to develop and expand its capabilities across verticals, foreign brokerage, Morgan Stanley said in a report. Reliance Industries Limited (RIL) has announced the

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RIL announces plan to move into $100bn FMCG market

RIL announces plan to move into $100bn FMCG market

🕔06:45, 31.Aug 2022

New Delhi, Aug 31 (IANS) Reliance Industries Limited has announced its plan to move into the $100 billion FMCG market in FY2023, providing high-quality products at affordable prices. Morgan Stanley said in a report that RIL has private label brands across

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Mukesh Ambani outlines Next-Gen leadership roles at Reliance Industries

Mukesh Ambani outlines Next-Gen leadership roles at Reliance Industries

🕔05:26, 30.Aug 2022

New Delhi, Aug 30 (IANS) The 45th annual general meeting of Reliance Industries Limited (RIL) has set the stage for Next-Gen leadership. Mukesh Ambani, Chairman and Managing Director of RIL, laid emphasis on Next-Gen leadership roles while he will continue to

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Reliance Industries celebrates the joy of Independence

Reliance Industries celebrates the joy of Independence

🕔07:38, 15.Aug 2022

Mumbai, Aug 15 (IANS) Reliance Industries on Sunday celebrated the joy of a vibrant democracy and Independence across all geographies it operates in. RIL corporate office, all 13-plus manufacturing sites, Reliance Corporate Park (RCP) in Navi Mumbai, all 28 state headquarters,

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Reliance Industries ranked 104 in Fortune’s Global 500 list

Reliance Industries ranked 104 in Fortune’s Global 500 list

🕔06:36, 4.Aug 2022

New Delhi, Aug 4 (IANS) Reliance Industries maintained its highest ranking among Indian private sector companies in the latest Global 500 list published by Fortune for 2022. Reliance Industries improved its rank by 51 places to 104 from its previous year’s

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‘Windfall taxes not to impact RIL majorly, brings windfall for government’

‘Windfall taxes not to impact RIL majorly, brings windfall for government’

🕔15:15, 4.Jul 2022

Chennai, July 4 (IANS) The special additional excise duty on exports of crude, petrol, diesel, and aviation turbine fuel announced by the Central government recently will not have any major impact on Reliance Industries Ltd (RIL), said experts. The experts also

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RIL’s energy arm on track to deliver best quarterly results: Morgan Stanley

RIL’s energy arm on track to deliver best quarterly results: Morgan Stanley

🕔07:33, 7.Jun 2022

Reliance Industries energy vertical is on track to deliver its best quarterly performance in more than 20 years as refining margins are running almost 2x above mid-cycle, said global investment firm Morgan Stanley. New Delhi, June 7 (IANS) Reliance Industries energy

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Reliance Nippon Life Insurance FY22 net profit up 30% YoY

Reliance Nippon Life Insurance FY22 net profit up 30% YoY

🕔12:05, 11.May 2022

Reliance Nippon Life Insurance Company has reported a 30 per cent year-on-year increase in net profit, at Rs 65 crore in FY22. New Delhi, May 11 (IANS) Reliance Nippon Life Insurance Company has reported a 30 per cent year-on-year increase in

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ICICI Securities picks RIL, TCS, Axis Bank among preferred stocks

ICICI Securities picks RIL, TCS, Axis Bank among preferred stocks

🕔07:23, 9.Apr 2022

Brokerage house ICICI Securities, in its Weekly Market Outlook, has picked shares of large-cap companies such as Reliance Industries (RIL), TCS, Axis Bank, Asian Paints, Bajaj Finance, Tata Motors, Tata Steel, ITC as preferred picks. New Delhi, April 9 (IANS) Brokerage

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