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RIL PP now more valuable than Tata Steel, Grasim, Zee

RIL PP now more valuable than Tata Steel, Grasim, Zee

🕔07:27, 15.Jul 2020

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

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RIL’s m-cap hits Rs 12 lakh cr, shares at fresh high

RIL’s m-cap hits Rs 12 lakh cr, shares at fresh high

🕔11:20, 13.Jul 2020

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

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RIL, BP launch fuel and mobility joint venture

RIL, BP launch fuel and mobility joint venture

🕔07:14, 10.Jul 2020

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

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Jio Platforms receives Rs 43,574 cr from Facebook after approvals

Jio Platforms receives Rs 43,574 cr from Facebook after approvals

🕔07:58, 8.Jul 2020

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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Intel to invest Rs 1,894 crore in Jio Platforms

Intel to invest Rs 1,894 crore in Jio Platforms

🕔10:10, 3.Jul 2020

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

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Unable to comment on rumours about deal with Future Group: RIL

Unable to comment on rumours about deal with Future Group: RIL

🕔07:41, 3.Jul 2020

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

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Reliance expected to spin-off Jio, Retail over 3-4 yrs

Reliance expected to spin-off Jio, Retail over 3-4 yrs

🕔07:32, 25.Jun 2020

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

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RIL working to complete strategic tie up with Saudi Aramco: Mukesh Ambani

RIL working to complete strategic tie up with Saudi Aramco: Mukesh Ambani

🕔07:46, 24.Jun 2020

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

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RIL market cap at new all-time high of Rs 10.85 lakh crore

RIL market cap at new all-time high of Rs 10.85 lakh crore

🕔07:29, 19.Jun 2020

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

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Another investment in Jio Platforms, now ADIA to put in Rs 5,683 cr

Another investment in Jio Platforms, now ADIA to put in Rs 5,683 cr

🕔20:01, 7.Jun 2020

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

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RIL rights issue oversubscribed 1.1 times with two days to go

RIL rights issue oversubscribed 1.1 times with two days to go

🕔07:20, 2.Jun 2020

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

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KKR to acquire 2.32% stake in Jio Platforms for Rs 11,367 crore

KKR to acquire 2.32% stake in Jio Platforms for Rs 11,367 crore

🕔10:52, 22.May 2020

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

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RIL rights issue opens on May 20

RIL rights issue opens on May 20

🕔07:10, 16.May 2020

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

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RIL may rewrite the recent history of rights issues

RIL may rewrite the recent history of rights issues

🕔06:58, 11.May 2020

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

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RIL’s first rights issue in 3 decades likely to open on May 22

RIL’s first rights issue in 3 decades likely to open on May 22

🕔17:06, 9.May 2020

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.

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Saudi sovereign fund explores buying minority stake in Jio

Saudi sovereign fund explores buying minority stake in Jio

🕔07:03, 9.May 2020

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.

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Mukesh Ambani foregoes salary until COVID-19 impact recedes

Mukesh Ambani foregoes salary until COVID-19 impact recedes

🕔07:36, 1.May 2020

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

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RIL Board approves Rights Issue of up to Rs 53,125 cr, first in three decades

RIL Board approves Rights Issue of up to Rs 53,125 cr, first in three decades

🕔07:32, 1.May 2020

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

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RIL to consider rights issue at April 30 board meeting

RIL to consider rights issue at April 30 board meeting

🕔07:19, 28.Apr 2020

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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