New Delhi, May 10 Mukesh Ambani’s Reliance Industries Ltd (RIL) and Reliance Foundation are among the largest donors as India Inc steps up relief efforts in the second wave of Covid hitting India. RIL set up 1,875 hospital beds for
New Delhi, May 7 Reliance Industries (RIL) has sought permission to fly a team of experts from Israel to India to train and install a rapid Covid-19 identification solution, a source who spoke on assurance of anonymity said. Reliance signed
Mumbai, April 30 The Reliance Industries Ltd (RIL) on Friday reported a 108 per cent growth in its consolidated net profit for the January-March quarter at Rs 13,227 crore. During the same quarter of FY20, the company had reported a
Mumbai, April 26 Reliance Industries Limited (RIL) and bp on Monday announced the start of production from the ‘Satellite Cluster’ gas field in block KG D6 off the east coast of India. Accordingly, RIL and bp have been developing three
New Delhi, April 9 The promoter group of Reliance Industries Limited (RIL) has informed the company that there has been no violation of SEBI Takeover Regulations and it has complied with the applicable laws. The RIL promoter group has also said
New Delhi, April 1 JM Financial has reiterated a buy with a target price of Rs 2,500 as Reliance Industries Limited (RIL) is entering a strong free cash flow generation phase with major capex completed and expectation of strong 17-18 per
New Delhi, March 5 Reliance Industries Limited (RIL) will bear the full cost of Covid 19 vaccination for its employees and their families. Nita Mukesh Ambani, Founder and Chairperson, Reliance Foundation in a letter to members of the Reliance family
New Delhi, Jan 23 Reliance Industries Ltd (RIL) on Friday reported a rise of over 25 per cent in its consolidated net profit for the quarter ended December 31 of FY2020-21 on a year-on-year (YoY) basis. The company’s consolidated net
New Delhi, Dec 30 Reliance Industries Limited (RIL) and BP Exploration Alpha Limited (BPEAL) have invited bids through an online platform companies for the gas produced from the KG D6 basin in Kakinanda. In a public notice, RIL and BP
New Delhi, Dec 21 RIL-BP announced start of gas production from first of its three cluster fields in KG-D6 basin which heralds a new phase in Indias domestic gas. Axis Capital said in a note that this is India’s deepest
New Delhi, Dec 18 Reliance Industries Limited (RIL) and BP on Friday announced the start of production from the R Cluster, ultra-deep-water gas field in block KG D6 off the Kakinada coast. RIL and BP are developing three deepwater gas
New Delhi, Dec 15 Mukesh Ambani, Chairman, Reliance Industries Limited (RIL) has said that the partnership between Jio and Facebook is great for India, Indians and small Indian businesses. Ambani was in conversation with Mark Zuckerberg, CEO, Facebook at the
New Delhi, Dec 8 Reliance Industries (RIL) Chairman Mukesh Ambani on Tuesday said there was a requirement of policy measures for the early roll out of the fifth generation (5G) connectivity technology. Addressing the inaugural session of India Mobile Congress
New Delhi, Dec 3 Reliance Industries Limited (RIL) has been ranked Number One in the 2020 Fortune India 500 list of India’s largest companies. According to Fortune India, Reliance pipped the public-sector Indian Oil Corporation (IOC) last year to top
New Delhi, Nov 19 Reliance Industries Limited (RIL) and Reliance Retail Ventures Limited (RRVL) have completed the current phase of partner induction and fund raise exercise for RRVL. Accordingly, the RRVL has received cumulative subscription amount of Rs 47,265 crore
New Delhi, Nov 17 The much-anticipated privatisation process of the Bharat Petroleum Corporation Ltd (BPCL) completed its first phase on Monday with several suitors submitting Expressions of Interest (EoIs). However, sources said that major energy giants including Reliance Industries, Saudi
New Delhi, Nov 15 Reliance Retail Ventures Limited (RRVL), a subsidiary of Reliance Industries Limited (RIL) has acquired equity shares of Urban Ladder Home Decor Solutions Private Limited (UrbanLadder) for a cash consideration of Rs 182.12 crore. The investment represents
New Delhi, Nov 13 Reliance Industries Limited (RIL) announced on Thursday that it has entered into a definitive agreement for making capital contribution of up to $50 million in Breakthrough Energy Ventures II, L.P. (BEV), a limited partnership, newly incorporated
New Delhi, Nov 6 Reliance Industries Limited and Reliance Retail Ventures Limited (RRVL) announced on Thursday that the Public Investment Fund (PIF) will invest Rs 9,555 crore (approximately $1.3 billion) for an equity stake of 2.04 per cent into RRVL,
New Delhi, Oct 31 Reliance Industries Ltd (RIL) on Friday reported a decline in its consolidated net profit for the quarter ended September 30 of FY2020-21 on a year-on-year (YoY) basis due to the effect of an exceptional item. Accordingly,
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