Reliance Industries consolidated profit drops Q1FY25 5% to Rs 15,138 cr
Mumbai: Mukesh Ambani-led Reliance Industries Ltd (RIL) reported an 11.5 percent rise in revenue, reaching Rs 2.58 lakh crore in the fiscal first quarter compared to the previous year, driven by growth across various segments.
Jio Financial Services gets RBI approval to become a core investment company
New Delhi/IBNS: Jio Financial Services on Thursday (July 11) received the Reserve Bank of India's (RBI) approval to become a Core Investment Company (CIC) from a Non-Banking Financial Company (NBFC), the company said in an exchange filing.
Reliance Jio hikes tariff, highlights its 5G network and AI-enabled services
Mumbai: Reliance Jio Infocomm Ltd, India's largest telecom provider, announced a series of new unlimited plans set to take effect on July 3.
Govt receives Rs 11,300 cr as 5G spectrum auction ends, Airtel emerges top bidder
New Delhi: The auction for 5G spectrum for mobile radio services concluded with telecom firms bidding around Rs 11,300 crore, reported The Economic Times on Wednesday.
Reliance Power becomes debt-free company on standalone basis, pays all its debts and dues
Mumbai/IBNS: Reliance Power, a part of Reliance Anil Dhirubhai Ambani Group, has become a debt-free company on a standalone basis clearing all outstanding debts and dues to lenders, reports said.
Reliance partnering up with Tech Mahindra and Nokia to offer 4G/5G network support in Ghana: Reports
Mumbai/IBNS: After touching new heights with 5G network infrastructure in India, Mukesh Ambani, the chairperson of Reliance Industries -- India's most valuable company with a market cap of more than Rs 1989000 crore, is now planning to take his giant-killer telecom playbook to Africa and other continents.
Jio Financial Services plans Rs 36,000 cr deal with Reliance Retail: Report
Mumbai: Jio Financial Services (JFS) is seeking shareholder approval for its subsidiary to acquire equipment worth Rs 36,000 crore from Reliance Industries' retail division as part of its plan to enter the device leasing market, according to a postal ballot notice, reported Reuters.
Jio Financial Services Q4FY24 net profit at Rs 310 cr; NII Rs 280 cr
Mumbai: Jio Financial Services registered a net profit of Rs 310 crore for the January-March quarter of the fiscal year 2023-24.
Mahindra Group enters hybrid renewable energy sector with Rs 1,200 cr investment
Mumbai: The Mahindra Group announced its entry into the hybrid renewable energy sector with a Rs 1,200 investment in a solar and wind project, a stock exchange filing said on Monday.
Jio Financial Services enters into JV with US-based BlackRock for wealth management and broking biz
Mumbai: Jio Financial Services has announced a joint venture with the US-based multinational investment company BlackRock for wealth management and broking operations in India.
Tesla may join hands with Reliance to manufacture EVs in India: Report
New Delhi: Tesla is exploring the possibility of forming a partnership with Reliance to set up its operations in India, media reports said.
Ambani, Adani collaborate as Reliance buys 26% stake in Adani Power project
Mumbai: In a first-ever collaboration between competing billionaires, Reliance Industries, led by Mukesh Ambani, has acquired a 26 percent stake in a Madhya Pradesh power project belonging to Gautam Adani.
RIL announces Rs 70,352 cr JV with Walt Disney
Mumbai: Reliance Industries, led by Mukesh Ambani, and Walt Disney announced on Wednesday the finalisation of binding agreements to establish a joint venture merging the operations of Viacom18 and Star India, media reports said.
Reliance Industries Q3FY24: Net profit grows 11% to Rs 19,641 cr retail, Jio, oil & gas business
Mumbai: Mukesh Ambani-led Reliance Industries reported a 10.9 percent year-on-year increase in its consolidated net profit to Rs 19,641 crore in the December quarter of the fiscal year 2023-24.
Reliance was, is and will remain a Gujarati company: Mukesh Ambani at Vibrant Gujarat Global Summit
Gandhinagar/IBNS/UNI: Billionaire industrialist Mukesh Ambani highlighted his roots to the western state of Gujarat, which is also the homestate of Prime Minister Narendra Modi, at the Vibrant Gujarat Global Summit 2024 here on Wednesday.