Tag: Reliance Industries
17 Results
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Equity Indices continue their-bull run for 6th day in a row; Sensex ends 617 points higher, Nifty tops 15,116
Gainers of the Sensex pack were led by Mahindra and Mahindra (M&M), soaring around 7 per cent, followed by Bajaj Finserv, Bharti Airtel, PowerGrid, Infosys and ICICI Bank.
February 8, 2021 -
RIL’s subsidiary to disinvest upstream assets in Marcellus shale assets for $250 million
A Purchase and Sale Agreement (“PSA”) has been signed between RMLLC and NOG on February 3, 2021 for this sale.
February 4, 2021 -
Reliance Industries’ Q3 consolidated net profit rises over 25% to Rs 14,894 crore
As per the results, revenue for the quarter under review grew by 7.4 per cent to Rs 137,829 crore on a year-on-year basis.
January 23, 2021 -
No relation with the three farm laws, in no way benefits from them: Reliance
"As such, the sole nefarious purpose of linking the name of Reliance to these laws is to harm our businesses and damage our reputation," it said.
January 4, 2021 -
RPL case: Sebi fines Reliance Industries, Mukesh Ambani, two other entities
On March 24, 2017, Sebi had ordered RIL and certain other entities to disgorge over Rs 447 crore in the RPL case. In November 2020, the Securities Appellate Tribunal (SAT) dismissed the company's appeal against the order.
January 2, 2021 -
Jio to make all domestic voice calls free from January 1
Jio stands firm on its commitment to make the common Indian the beneficiary of advanced technologies like VoLTE.
December 31, 2020 -
Reliance Industries to invest $50 million in Bill Gates-owned Breakthrough Energy
BEV seeks to find solutions to the climate crisis by flexibly investing to develop breakthrough energy and agriculture technologies.
November 13, 2020 -
RIL shares surge 4 per cent on PIF’s investment in Reliance Retail Ltd
PIF will take a 2.04 per cent stake in Reliance Retail Ventures Ltd (RRVL), the Indian firm said in a statement.
November 6, 2020 -
Reliance retail business receives Rs Rs 9,555 crore from Saudi Arabia’s Public Investment Fund
1. With this latest investment, the firm has raised total Rs 47,265 crore in the last two months. 2. Reliance Retail Limited, a subsidiary of RRVL, operates India's largest, fast-growing retail business serving close to 640 million footfalls at its 12,000 stores across the country.
November 5, 2020 -
Reliance Industries’ Q2 net profit slips 15% due to weak oil business
The firm's twin refineries earned USD 5.7 per barrel on turning every barrel of crude oil into fuel, as compared to a gross refining margin (GRM) of USD 9.4 per barrel last year.
October 31, 2020 -
FIIs hike stake in Reliance Industries to 25.2%
The statement showed FII holding 165.8 crore shares or 25.2 per cent of the total shareholding.
October 22, 2020 -
Reliance Retail receives Rs 5,550 crore from KKR for 1.28% stake sale
The investment valued Reliance Retail, which runs grocery stores and fashion chains, at a pre-money equity value of Rs 4.21 lakh crore.
October 15, 2020 -
Future Group lost Rs 7,000 crore revenue in first few months of pandemic, says Biyani
It is worth mentioning that the Future Group's financial and insurance business is not part of the deal with Reliance Industries.
October 14, 2020 -
Reliance Retail to receive investment worth Rs 5,512 crore from ADIA
On October 1, Reliance Industries had announced that Abu Dhabi-based sovereign wealth fund Mubadala Investment Co will invest Rs 6,247.5 crore.
October 7, 2020 -
TCS becomes second Indian firm to cross Rs 10 lakh crore m-cap mark after RIL
The TCS board is also slated to consider its financial results for the September quarter and declaration of a second interim dividend to the equity shareholders at that meeting.
October 5, 2020 -
Reliance Retail to receive investment worth Rs 1,837 crore from TPG
This is the second investment announced in half an hour by Reliance Retail Ventures around midnight, the earlier one being by GIC of Singapore.
October 3, 2020 -
GIC to buy 1.22% stake in RIL’s Retail Ventures for Rs 5,512.5 crore
GIC will be the fifth investor in Reliance Retail Ventures Ltd (RRVL), a subsidiary of Reliance Industries.
October 3, 2020