New Delhi, Sep 12 Reliance Industries Limited (RIL) is garnering greater levels of enthusiasm from investors given the investments from global technology majors and also the digitization pathway it has laid out, Morgan Stanley said in a report. “Also with
New Delhi, Sep 11 Reliance Industries Limited (RIL) has entered the top 40 of worlds most valuable firms and becomes the first Indian company to cross $ 210 billion in market capitalisation intra-day. At this market valuation, Reliance Industries is
New Delhi, Sep 10 Reliance Industries Limited (RIL) is expected to attract many strategic investors after the carve out of its O2C business. RIL has unveiled a detailed plan to carve out its Oil-to-Chemicals (O2C) business into a separate unit
Mumbai, Sep 9 Reliance Industries Limited (RIL) on Wednesday announced that Silver Lake will invest Rs 7,500 crore into its subsidiary Reliance Retail Ventures Limited (RRVL). The investment values RRVL at a pre-money equity value of Rs 4.21 lakh crore.
New Delhi, Sep 7 In the next four years, Reliance Industries Limited (RIL)’s focus would be to add a third “layer of commerce” and monetize the existing investments across different formats. According to a research report by BofA Securities, in
New Delhi, Aug 21 Chinese banks will get the lions share of Rs 7,000 crore or 30 per cent in the Reliance Communications Limited (RCom) and Reliance Telecom Limited (RTL) resolution plan while the Department of Telecommunications (DoT) will get
New Delhi, Aug 19 Reliance Industries Limited (RIL) on Tuesday announced that its subsidiary Reliance Retail Ventures Limited (RRVL) has acquired a majority equity stake in Vitalic Health Pvt Ltd and its subsidiaries (collectively known as Netmeds) for a cash
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, Aug 11 The mega deal for Saudi Aramcos $15 billion stake in the oil to chemicals business of Reliance Industries Limited (RIL) is going through due diligence and a decision will be taken after a review, Saudi Aramco
Mumbai, Aug 9 Oil and telecom major Reliance Industries (RIL) has a 15-year vision to become a new energy company aimed at turning into a net carbon-zero company, according to a report by BofA Securities. The report says that RIL
New Delhi, July 25 With the recent surge in share prices, Reliance Industries (RIL) has become the second most valuable energy company in the world, overtaking American oil giant ExxonMobil. At the close of trade on Friday, the market capitalisation
Mumbai, July 23 As the bull run in its share price continues, Reliance Industries Limited (RIL) on Thursday became the first Indian company to reach a market capitalisation of Rs 13 lakh crore. RIL shares hit a new record high
Mumbai, July 22 Shares of Reliance Industries (RIL) surged to a new high on Wednesday, as they crossed the Rs 2,000-mark for the first time. RIL shares touched an all-time high of Rs 2,010 per share. They are currently trading
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 15 Technology major Google has joined the bandwagon of marquee investors betting on Reliance Industries’ (RIL) Jio Platforms as it comes in with an investment of Rs 33,737 crore. Addressing the Annual General Meeting of RIL, Chairman
New Delhi, July 15 Reliance Industries Limited (RIL) on Wednesday hosted the worlds largest virtual shareholder meet with 3.2 lakh shareholders live on the newly-minted JioMeet platform from 550 cities across 48 countries. Nita Ambani, Chairperson and Founder of Reliance
New Delhi, July 15 Shares of Reliance Industries’ partly-paid (RIL PP) on Tuesday completed one month of trading and in this short period it has created 3.3 times value for investors. The shares closed at Rs 1,041.65 on NSE on
Mumbai, July 13 Reliance Industries (RIL) on Monday became the first Indian company to reach market capitalisation of Rs 12 lakh crore, with shares reaching a fresh high of Rs 1,938.80. Around 10 a.m., RIL’s market capitalisation was at over Rs
New Delhi, July 10 Reliance Industries Ltd (RIL) and British Petroleum (BP) on Thursday announced the start of their new Indian fuels and mobility joint venture, Reliance BP Mobility Limited (RBML). Following initial agreements in 2019, BP and RIL teams
New Delhi, July 8 Jio Platforms has received Rs 43,574 crore from Facebook, which now owns 9.99 per cent in the company. In a filing with stock exchanges, Reliance Industries Ltd (RIL) said this is further to the announcement on
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