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.
Adani Power shares slightly up after RIL acquires 26% stake in Mahan Energen's unit
Mumbai/IBNS: The shares of Adani Power were slightly up on Wednesday (July 10), a day after the company's wholly owned subsidiary Mahan Energen Ltd. (MEL) announced that it has entered into a 20-year power purchase deal for 500 MW with Reliance Industries Limited (RIL).
Reliance Industries crosses Rs 21 lakh cr market cap after Jio tariff hikes
Mumbai: Reliance Industries Ltd has surpassed a market capitalisation of Rs 21 lakh crore after a stock surge of more than 20 percent this year, becoming the first Indian company to achieve this milestone, media reported.
Gautam Adani replaces Mukesh Ambani as Asia's richest man on Bloomberg Billionaires Index
Mumbai: Billionaire Gautam Adani has reclaimed the title of Asia’s richest person from Reliance Industries Chairman Mukesh Ambani, according to the Bloomberg Billionaires Index.
Reliance Industries inks one-year deal with Russia's Rosneft for oil purchase in roubles: Report
Mumbai: Mukesh Ambani-led Reliance Industries, which operates the world's largest refining plant, has signed a one-year agreement with Russia's Rosneft to purchase at least 3 million barrels of oil monthly in roubles, Reuters reported.
Mukesh Ambani sets sight on Africa with new 'affordable' telecom venture in Ghana: Report
Mumbai/IBNS: Mukesh Ambani, the chairman and managing director of Reliance Industries, is taking his giant-killer telecom playbook to Africa as the billionaire seeks to focus on mobile broadband customers in the continent.
Govt asks PSU refiners, RIL to collaborate on negotiating oil-deal with Russia: Report
New Delhi: The government has asked its state-run oil refiners and private company Reliance Industries Ltd. to collaborate on negotiating a long-term supply agreement with Russia, Bloomberg reported.
Reliance Retail to sell UK's ASOS apparel in India
Mumbai: Reliance Retail has announced a long-term partnership with ASOS, the UK-based premier online fashion retailer catering to people in their twenties.
Mukesh Ambani's Jio Financial Services enters 2-trillion market cap club
Mumbai: Jio Financial Services, led by Mukesh Ambani, has joined the Rs 2-trillion market cap club, with its shares rising by 10.2% to reach Rs 334 on Friday, media reported.
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.
Mukesh Ambani-led Reliance Industries continues to top in media visibility: Report
Mumbai: Mukesh Ambani's Reliance Industries Ltd, the leading Indian company in terms of revenues, profits, and market value, bagged the top position in the 2023 Wizikey News Source ranking as the most prominently featured corporate in the media, a media report said.
Reliance Industries partners with DBS Bank to finance compressed biogas plant projects
Mumbai: Reliance Industries and DBS Bank India have come together to launch a financing program to facilitate compressed biogas (CBG) plant projects.
Reliance Industries invested Rs 45,000 cr in Bengal; Rs 25,000 cr more in next 3 yrs: Mukesh Ambani
Kolkata: Reliance Industries Chairman Mukesh Ambani Tuesday announced that the oil-to-telecom conglomerate has committed an investment of around Rs 45,000 crore in West Bengal, Moneycontrol reported.
Reliance Industries ties up with Oberoi Hotels to co-manage 3 properties in India & UK
Mumbai: Mukesh Ambani-led Reliance Industries Ltd (RIL) on Thursday announced that it has entered into an agreement with Oberoi Hotels and Resorts to jointly manage three properties across India and the UK.
Reliance Industries to acquire B2B retailer METRO Cash & Carry India: Report
Reliance Industries is set to buy German B2B retailer METRO AG's Cash & Carry business in India for an estimated 500 million euros or Rs 4,060 crore, according to a report in the media.