Tag: Reliance Industries
17 Results
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Mukesh Ambani-owned RIL prepares to list Jio Platforms on Nasdaq
1. According to reports, the offering could take place in the next 12-24 months. 2. As of now, Reliance has not made any official comments on the issue. 3. Morgan Stanley may be appointed as the lead banker to manage company’s abroad listing.
May 27, 2020 -
Reliance takes on Flipkart, Amazon, launches JioMart.com across several cities
JioMart service is available for major metropolitan cities including Delhi, Kolkata, Bengaluru, Chennai and Mumbai.
May 23, 2020 -
Reliance Industries’ rights issue of Rs 53,125 crore opens today. Key things to know
On application, the shareholders will pay Rs 2.50 on face value and Rs 311.75 on premium, totalling to Rs 314.25 per rights equity share.
May 20, 2020 -
Reliance Industries to repay debt around Rs 40,000 crore from proceeds of its mega rights issue
The company expects net proceeds of Rs 53,036.13 crore from the rights issue that opens on May 20 and closes on June 3.
May 19, 2020 -
Reliance Industries shares gain nearly 2 pc after General Atlantic deal
The heavyweight stock rose by 1.58 per cent to Rs 1,482 on the BSE in opening session.
May 18, 2020 -
Reliance Industries’ Rs 53 cr rights issue begins on May 20
The rights issue will close on 3 June, the stock exchanges filing said.
May 16, 2020 -
Reliance Industries’ slew of equity deals to drive improvement in Co rating: Fitch
It also got USD 1 billion from selling 49 per cent stake in the auto fuel retailing business to BP plc.
May 13, 2020 -
RIL shares crack over 6 pc; m-cap drops by Rs 61,142 cr
In terms of traded volume, 28.66 lakh shares of the company were traded at the BSE and over 4.6 crore shares traded on the NSE.
May 12, 2020 -
Reliance Industries shares jumps 2% after company announces rights issue date
At 1.18 p.m., RIL shares on the BSE were at Rs 1,594.50 per share, higher by Rs 32.20 or 2.06 per cent.
May 11, 2020 -
Reliance Industries may strike two more mega deals with General Atlantic: Saudi Wealth Fund PIF Reports
As per the latest report, the US-based private equity firm is considering to invest $850 million to $950 million in Jio.
May 9, 2020 -
Reliance Industries receives third major investment of Rs 11,367 crore from US-based Vista Equity
US-based private equity firm Vista Equity Partners is going to buy a 2.32 per cent stake in billionaire Mukesh Ambani's Jio Platforms.
May 8, 2020 -
S&P affirms Reliance Industries’ rating at BBB+ with stable outlook
1. RIL and Facebook have joined forces to accelerate the launch of its JioMart e-commerce platform on Facebook's WhatsApp application. 2. It expected RIL to continue to follow a prudent financial policy in the current volatile market.
April 29, 2020 -
After Facebook Jio deal, RIL to become zero debt firm by March 2021, says Report
Other than the reduction in debt, Reliance Industries would be benefitted on the technological front.
April 27, 2020 -
Jio-Facebook deal: JioMart, WhatsApp will empower nearly 3cr small Indian Kirana shops, says Mukesh Ambani
Small kiranas can grow their businesses and create new employment opportunities using digital technologies.
April 22, 2020 -
Sensex tanks over 2400 points amid Coronavirus fears; Reliance suffers worst fall in 10 years
Stocks of Reliance Industries nosedived 11 per cent in its worst single-day fall in at least 10 years as it fell to Rs 1,094.95 per share.
March 9, 2020 -
Reliance Industries achieves another milestone, crosses market capitalization Rs 10 lakh crore
Reliance is followed by TCS as the second most valued firm. HDFC Bank, Hindustan Uniliver and HDFC were the others.
November 28, 2019 -
Reliance announces largest foreign investment, Jio GigaFiber launch, voice calls free for life
Reliance Industries Limited Chairman and Managing Director Mukesh Ambani also announced that his company has plans for Jammu and Kashmir and Ladakh, the two recently-formed union territories.
August 12, 2019