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RIL gaining enthusiasm on investments from global tech majors : Report

RIL gaining enthusiasm on investments from global tech majors : Report

🕔07:18, 12.Sep 2020

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

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RIL among top 40 of world’s most valuable firms, first Indian company to cross $210 billion in m-cap

RIL among top 40 of world’s most valuable firms, first Indian company to cross $210 billion in m-cap

🕔08:00, 11.Sep 2020

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

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RIL carve out of O2C sets stage for strategic investments

RIL carve out of O2C sets stage for strategic investments

🕔07:37, 10.Sep 2020

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

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Silver Lake to invest Rs 7,500 cr in Reliance Retail

Silver Lake to invest Rs 7,500 cr in Reliance Retail

🕔10:40, 9.Sep 2020

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.

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RIL to now focus on monetization with ‘commerce layer’

RIL to now focus on monetization with ‘commerce layer’

🕔13:31, 7.Sep 2020

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

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GoI, DoT to get zero proceeds against AGR dues of Rs 30K cr in RCom

GoI, DoT to get zero proceeds against AGR dues of Rs 30K cr in RCom

🕔07:23, 21.Aug 2020

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

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Reliance Retail acquires majority stake in Netmeds for Rs 620 cr

Reliance Retail acquires majority stake in Netmeds for Rs 620 cr

🕔08:10, 19.Aug 2020

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

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IT services, RIL among beneficiaries as digital dominates India Inc’s commentary

IT services, RIL among beneficiaries as digital dominates India Inc’s commentary

🕔15:34, 17.Aug 2020

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

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Reliance deal going through due diligence: Saudi Aramco CEO

Reliance deal going through due diligence: Saudi Aramco CEO

🕔17:16, 11.Aug 2020

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

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RIL has 15-year vision to be a new energy company: Report

RIL has 15-year vision to be a new energy company: Report

🕔19:11, 9.Aug 2020

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

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RIL 2nd most valuable energy company, overtakes ExxonMobil

RIL 2nd most valuable energy company, overtakes ExxonMobil

🕔07:52, 25.Jul 2020

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

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RIL’s market cap hits Rs 13 lakh cr, shares at record high

RIL’s market cap hits Rs 13 lakh cr, shares at record high

🕔18:39, 23.Jul 2020

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

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RIL’s bull run continues, hits Rs 2,000/share for first time

RIL’s bull run continues, hits Rs 2,000/share for first time

🕔17:38, 22.Jul 2020

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

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RIL board meet to consider results deferred to July 30

RIL board meet to consider results deferred to July 30

🕔07:23, 22.Jul 2020

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

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With Google’s Rs 33k cr, Jio gets Rs 1.5 lakh cr in 3 months

With Google’s Rs 33k cr, Jio gets Rs 1.5 lakh cr in 3 months

🕔20:20, 15.Jul 2020

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

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RIL holds world’s largest virtual shareholder meeting

RIL holds world’s largest virtual shareholder meeting

🕔19:56, 15.Jul 2020

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

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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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