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
New Delhi, July 3 Reliance Industries Limited (RIL) and Jio Platforms Limited on Friday announced that Intel Capital will invest Rs 1,894.50 crore in Jio Platforms at an equity value of Rs 4.91 lakh crore and an enterprise value of
New Delhi, July 3 Reliance Industries Limited (RIL) has clarified that it is unable to comment on speculation and rumours on a deal to acquire the retail businesses of Future Group. RIL was replying in a clarification to stock exchanges on
New Delhi, June 25 Analysts expect a break-up of Reliance Industries Limited (RIL) in the next 3-4 years through the IPO of the Jio and Retail business segments which should unlock additional shareholder value. Broking house Bernstein said in a
New Delhi, June 24 Reliance Industries Ltd (RIL) is working to complete the contours of a strategic partnership with Saudi Aramco, Chairman and Managing Director Mukesh Ambani said in a letter to shareholders. In the letter to shareholders in RIL’s
New Delhi, June 19 Reliance Industries Limiteds (RIL) market capitalisation hit a new all-time high on Thursday, touching Rs 10.85 lakh crore. The RIL fully paid shares saw gains of 2.9 per cent on NSE to close at Rs 1662.9
New Delhi, June 15 Monday marked a momentous trade for the bellwether Reliance Industries Limited (RIL) scrip as it closed at an all-time-high with market capitalisation crossing Rs 10.5 lakh crore and a strong debut by RILs rights shares which more
Mumbai, June 7 In yet another major investment into Jio Platforms, Reliance Industries Ltd (RIL) on Sunday announced an investment of Rs 5,683.50 crore by a wholly-owned subsidiary of the Abu Dhabi Investment Authority (ADIA). This investment values Jio Platforms
New Delhi, June 2 The RIL rights issue has got oversubscribed 1.1 times with two more days to go. ndia’s largest ever fund raising initiative – RIL’s Rs 53,124 crore rights Issue — received a resounding response from all its
Mumbai, May 22 Reliance Industries Limited (RIL) and Jio Platforms Limited, India’s leading digital services platform, announced on Friday that US private equity fund, KKR will invest Rs 11,367 crore into Jio Platforms. This transaction values Jio Platforms at an
New Delhi, May 16 The Rs 53,125 crore rights issue of Mukesh Ambani’s Reliance Industries Limited (RIL) will open for subscription on May 20. In a filing with the stock exchanges, RIL said the issue opening date is May 20
New Delhi, May 11 The Rs 53,125 crore rights issue of Mukesh Ambanis Reliance Industries Limited (RIL) expected to open during the month may rewrite the recent history of “rights” as the previous large rights issues by companies have typically
New Delhi, May 9 The rights issue of Reliance Industries Limited (RIL) is expected to open on May 22. It will be priced at Rs 1,257 per share with a share ratio at 1:15. The issue amount is Rs 53,125 crore.
New Delhi, May 9 Saudi Arabia’s sovereign wealth fund, which has Crown Prince Mohammed bin Salman as the Chairman, is considering to buy a minority stake in Reliance Industries Ltd’s (RIL) digital unit Jio Platforms, sources close to the development said.
Mumbai, May 01 Reliance Industries (RIL) Chairman Mukesh Ambani has decided to forego his entire salary until the impact of the coronavirus pandemic declines. Ambani has capped his salary at Rs 15 crore since Rs 2008-09. “The Board approved Mukesh Ambani’s
Mumbai, May 01 The Board of Reliance Industries Ltd (RIL) on Thursday approved a Rights Issue of up to Rs 53,125 crore at Rs 1,257 per share. In a regulatory filing, RIL said: “At its meeting held today, i.e., April
Mumbai, April 28 After many years, Reliance Industries Ltd (RIL) will be coming out with a rights issue for its shareholders. A board meeting to discuss this will be held on April 30, RIL informed the stock exchanges on Monday.
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