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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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RIIL’s Q4 consolidated net profit up 19.3% to Rs 2.68 crore

RIIL’s Q4 consolidated net profit up 19.3% to Rs 2.68 crore

🕔07:15, 23.Apr 2020

Mumbai, April 23  Reliance Industrial Infrastructure Ltd (RIIL) on Wednesday reported a rise of 19.3 per cent in its consolidated net profit for the fourth quarter (Q4) of financial year 2019-20. The company’s net profit during the quarter under review

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Facebook’s investments in India besides $5.7 bn in Reliance Jio

Facebook’s investments in India besides $5.7 bn in Reliance Jio

🕔19:29, 22.Apr 2020

New Delhi, April 22  Much before announcing its $5.7 billion investment for nearly 10 per cent stake in Reliance Industries Limited (RIL)-led Jio Platforms on Wednesday, Facebook had already started investing in Indian firms. The social media giant made its

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Facebook buying 9.99% stake in Reliance Jio for Rs 43,574 cr, largest FDI in India’s tech sector

Facebook buying 9.99% stake in Reliance Jio for Rs 43,574 cr, largest FDI in India’s tech sector

🕔07:06, 22.Apr 2020

New York, April 22  It’s official. Social media and tech giant Facebook is pouring in Rs 43,574 crore for a 9.99 per cent stake in India’s oil-retail-telecom conglomerate Reliance Industries Limited (RIL) led Jio Platforms — the largest investment for

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Reliance Life Sciences to roll out confirmatory tests for Covid-19: Mukesh Ambani

Reliance Life Sciences to roll out confirmatory tests for Covid-19: Mukesh Ambani

🕔20:04, 6.Apr 2020

New Delhi, April 6  Reliance Industries Limited (RIL) Chairman Mukesh Ambani has announced that Reliance Life Sciences has developed its own confirmatory tests for COVID-19 which are available to all RIL employees on priority and will soon be rolled out

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RIL aircraft ferries 6,000 PPE kits to Mumbai

RIL aircraft ferries 6,000 PPE kits to Mumbai

🕔19:20, 4.Apr 2020

New Delhi, April 4 An aircraft of Reliance Industries Limited (RIL) has flown in 6,000 personal protection equipment (PPE) kits or coveralls for the frontline health workers in Mumbai fighting the Covid-19 outbreak. “6,000 PPE lifted & flown straight to

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RIL board meet on April 2 for fund raising through NCD issue

RIL board meet on April 2 for fund raising through NCD issue

🕔07:08, 31.Mar 2020

New Delhi, March 31  Reliance Industries Limited (RIL) will hold a board meeting on April 2 in a fund raising exercise through issuance of non-convertible debentures (NCDs) on private placement basis. RIL said in an intimation to stock exchange that

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RIL contributes Rs 500 crore to PM CARES Fund

RIL contributes Rs 500 crore to PM CARES Fund

🕔07:04, 31.Mar 2020

Mumbai, March 31  Reliance Industries (RIL), here on Monday, announced to contribute Rs 500 crore to the PM CARES Fund to help the fight against the coronavirus pandemic. In addition, the company has also contributed Rs 5 crore each to

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RIL initiates work from home, makes provision for key services

RIL initiates work from home, makes provision for key services

🕔07:20, 19.Mar 2020

Mumbai, March 19  Reliance Industries has initiated a work from home protocol for all its employees across the country and overseas in response to the evolving coronavirus situation. The company has made provisions for essential services. A senior RIL official

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Mukesh Ambani named world’s ninth richest, with 2 others

Mukesh Ambani named world’s ninth richest, with 2 others

🕔11:20, 29.Feb 2020

New Delhi, Feb 29 Reliance Industries Ltd (RIL) chief Mukesh Ambani is the ninth richest person in the world along with Steve Ballmer of Microsoft and Larry Page of Google, each having a net worth of $67 billion, according to the

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RIL consolidates media, distribution businesses into Network18

RIL consolidates media, distribution businesses into Network18

🕔08:59, 18.Feb 2020

Mumbai, Feb 17 Reliance Industries (RIL) on Monday announced a consolidation of its media and distribution businesses spread across multiple entities into Network18. Under the scheme of arrangement, TV18 Broadcast, Hathway Cable & Datacom and Den Networks will merge into

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RIL consolidates media, distribution businesses into Network18

RIL consolidates media, distribution businesses into Network18

🕔07:30, 18.Feb 2020

Mumbai, Feb 18  Reliance Industries (RIL) on Monday announced a consolidation of its media and distribution businesses spread across multiple entities into Network18. Under the scheme of arrangement, TV18 Broadcast, Hathway Cable & Datacom and Den Networks will merge into

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KG D6 project on track, new production from mid-2020: RIL-BP JV

KG D6 project on track, new production from mid-2020: RIL-BP JV

🕔06:28, 4.Feb 2020

Mumbai, Feb 4  Reliance Industries-BP joint venture’s new project from KG D6 project is on track to start new production by mid-2020, it was announced on Monday. The joint venture said that it has completed the safe cessation of production

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RIIL’s Q3 consolidated net profit up 12.6%

RIIL’s Q3 consolidated net profit up 12.6%

🕔06:53, 16.Jan 2020

Mumbai, Jan 16 Reliance Industrial Infrastructure Ltd (RIIL) on Wednesday reported a rise of 12.6 per cent in its consolidated net profit for the third quarter (Q3) of financial year 2019-20. The company’s net profit during the quarter under review increased

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Jio GigaFiber’s commercial services start Sep 5

Jio GigaFiber’s commercial services start Sep 5

🕔10:17, 13.Aug 2019

Mumbai, Aug 13  Reliance Industries (RIL) Chairman Mukesh Ambani on Monday announced the launch of Jio GigaFiber and said that the services would be available commercially from September 5. Speaking to shareholders at the 42nd Annual General Meeting (AGM), Ambani

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