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Saudi Aramco-RIL deal talks in advanced stage, may close soon

Saudi Aramco-RIL deal talks in advanced stage, may close soon

🕔21:26, 16.Aug 2021

New Delhi, Aug 16  The talks between Saudi Aramco and Reliance Industries (RIL) for the Saudi oil major’s stake purchase in RIL’s oil-to-chemical business are in an advanced stage and may conclude in coming weeks. Aramco is discussing the purchase

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Reliance Industries doubles PET recycling capacity

Reliance Industries doubles PET recycling capacity

🕔21:27, 4.Aug 2021

Mumbai, Aug 4  Reliance Industries Ltd (RIL) is doubling its PET recycling capacity by setting up a recycled polyester staple fibre (PSF) manufacturing facility in Andhra Pradesh. The move is part of the RIL’s commitment to lead the industry on

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RIL likely to produce natural gas from MJ field starting Q3FY23

RIL likely to produce natural gas from MJ field starting Q3FY23

🕔07:27, 26.Jul 2021

Mumbai, July 26  Reliance Industries Ltd (RIL) is likely to produce natural gas from the MJ field of the KG D6 block by the third quarter (October-December) of next fiscal. The company, in an investor presentation, said that the first

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We can make next 30 years the best in India’s history: Mukesh Ambani

We can make next 30 years the best in India’s history: Mukesh Ambani

🕔21:35, 24.Jul 2021

New Delhi, July 24  “I am supremely hopeful and confident about the Rise of New India. I can see that the spirit of India is more resurgent than ever before”, Mukesh Ambani, Chairman, Reliance Industries Limited (RIL) wrote in Times

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RIL’s O2C business logs 75% rise in Q1 revenues on high crude prices

RIL’s O2C business logs 75% rise in Q1 revenues on high crude prices

🕔21:59, 23.Jul 2021

Mumbai, July 23  The oil-to-chemical business of Reliance Industries Ltd (RIL) has registered a massive 75.2 per cent increase in its revenues at Rs 1.03 lakh crore for the April-June quarter. The company attributed the rise in revenues to the

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RIL’s Q1FY22 net profit jumps 66% to Rs 13,806 cr

RIL’s Q1FY22 net profit jumps 66% to Rs 13,806 cr

🕔21:50, 23.Jul 2021

Mumbai, July 23  Conglomerate Reliance Industries Ltd (RIL) on Friday reported a 66.7 per cent growth in its year-on-year consolidated net profit for the quarter ended June 30, at Rs 13,806 crore. The company, in a regulatory filing said that

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Aramco Chairman joins RIL board

Aramco Chairman joins RIL board

🕔18:38, 22.Jul 2021

Mumbai, July 22  Reliance Industries (RIL) said on Thursday that the appointment of Aramco Chairman Yasir Al Rumayyan as an independent director of the company has taken effect from July 19. On June 24, RIL board had approved the appointment

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RIL’s retail business likely to grow 3x in next 3-5 years

RIL’s retail business likely to grow 3x in next 3-5 years

🕔13:16, 19.Jul 2021

Mumbai, July 19  Reliance Industries’ (RIL) retail business is expected to grow three times in next the next three to five years at a robust CAGR of 35-40 per cent, said a Bernstein report. Digital or new commerce continues to

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RIL invests Rs 1 lakh cash in 10K equity shares of new energy arm

RIL invests Rs 1 lakh cash in 10K equity shares of new energy arm

🕔07:20, 13.Jul 2021

New Delhi, July 13  Reliance Industries Ltd has invested Rs 1 lakh in cash in 10,000 equity shares of its newly-incorporated subsidiary Reliance New Energy Solar Ltd (RNESL). In a regulatory filing on Monday, RIL noted that RNESL is yet

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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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Jio and Google Cloud to collaborate on 5G technology

Jio and Google Cloud to collaborate on 5G technology

🕔19:28, 24.Jun 2021

Mumbai, Jun. June 24  Reliance Jio Infocomm Limited (Jio), a subsidiary of Reliance Industries Limited (RIL), and Google Cloud are embarking on a comprehensive, long-term strategic relationship with a goal of powering 5G in enterprise and consumer segments nationwide. In

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RIL unveils Rs 60K cr green energy plan, to build 4 Giga factories

RIL unveils Rs 60K cr green energy plan, to build 4 Giga factories

🕔19:23, 24.Jun 2021

Mumbai, Jun. June 24  As part of its vision for the company’s rapid transition to a new era of green, clean and renewable energy, the Chairman and Managing Director of Reliance Industries Limited (RIL), Mukesh Ambani, on Thursday unveiled the

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Industry, govts and civil society must work as a coalition: Mukesh Ambani

Industry, govts and civil society must work as a coalition: Mukesh Ambani

🕔08:40, 22.Jun 2021

New Delhi, June 22  The Chairman of Reliance Industries Limited (RIL), Mukesh Ambani, said on Monday that the industry, governments and civil society will have to work as a coalition for the global economy. Addressing the Qatar Economic Forum, Ambani

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Retail business likely to be RIL’s next growth engine

Retail business likely to be RIL’s next growth engine

🕔18:33, 21.Jun 2021

Mumbai, June 21  Oil-to-telecom giant Reliance Industries (RIL) which has largely seen its growth coming on the back of its petrochemical business over the past decades, is set to see a shift in the anchor’s role with the retail business,

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Reliance Power board meet on June 13 to consider fund raising

Reliance Power board meet on June 13 to consider fund raising

🕔21:43, 9.Jun 2021

New Delhi/Mumbai, June 9  Reliance Power Ltd will hold a board meeting on June 13 to consider and approve raising of long-term resources from domestic and global markets. In a notice to stock exchanges, Reliance Power said: “Pursuant to Regulation

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RIL may go big in its new energy business amid climate concerns

RIL may go big in its new energy business amid climate concerns

🕔17:17, 3.Jun 2021

New Delhi, June 3  As environmental concerns regain momentum across the globe and companies are setting carbon neutral targets, oil-to-telecom major Reliance Industries (RIL) plans to give a major push to its new energy and new materials business. In his

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Reliance submits proposal for Niclosamide as potential drug against Covid

Reliance submits proposal for Niclosamide as potential drug against Covid

🕔07:01, 3.Jun 2021

New Delhi, June 3  Reliance Industries Limited (RIL) has submitted a proposal for the application of Niclosamide as a potential drug against Covid-19. As per RIL’s annual report for FY20-21, the company is leveraging its intellectual capital to fight Covid-19,

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RIL’s strong balance sheet, high liquidity to boost Jio, Retail, O2C: Mukesh Ambani

RIL’s strong balance sheet, high liquidity to boost Jio, Retail, O2C: Mukesh Ambani

🕔21:30, 2.Jun 2021

Mumbai, June 2  The Chairman and Managing Director (CMD) of Reliance Industries Limited, Mukesh Ambani, has said that the strong balance sheet and high liquidity available with the oil-to-telecom giant will support its growth plans for Jio, Reliance Retail and

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RIL to hold 44th AGM on June 24 virtually

RIL to hold 44th AGM on June 24 virtually

🕔20:06, 1.Jun 2021

New Delhi, June 1  The 44th Annual General Meeting (AGM) of Reliance Industries Limited (RIL) will be held on June 24 at 2 p.m. through video conferencing and other audio visual means (OAVM). The annual report for the financial year

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Healthy Outlook: Jefferies maintains buy on RIL, cited demand upside

Healthy Outlook: Jefferies maintains buy on RIL, cited demand upside

🕔15:53, 29.May 2021

Mumbai, May 29  Reliance Industries’ (RIL) sustained petrochemical performance has improved the likelihood of O2C stake sale in FY22, said financial services company Jefferies. Accordingly, Jefferies maintained the ‘buy’ call on RIL with a target and Rs 2,580 or 30

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