Mumbai/IBNS: Reliance Industries Friday declared a net profit of Rs 13,680 crore in quarter ended September 30, 2021, a 42.99 percent increase from the same quarter last year riding on higher demand of oil products.
Mumbai/IBNS: Reliance Industries Ltd Thursday announced that the resolution to induct Saudi Aramco Chairman Yasir Al-Rumayyan as an independent director to its board has been passed by a required majority of its shareholders, according to media reports.
Singapore: Future Retail cannot avoid being part of the arbitration process over a commercial dispute with Amazon.com Inc, a Singapore arbitration panel ruled on Wednesday, Reuters reported.
Mumbai/IBNS: Reliance Retail Ventures Limited (RRVL)- the retail business of Mukesh Ambani-owned Reliance Industries acquired a majority 52 percent stake in popular designer labels of Ritu Kumar, according to media reports.
Mumbai/IBNS: Reliance Industries Limited (RIL) on Wednesday said that it regretted being drawn into the corporate battle between Zee Entertainment Enterprises Limited (ZEEL) and its largest shareholder, Invesco.
Mumbai/UNI: Reliance Industries on Friday advanced by 3.84 per cent to Rs 2670.85 a major gainer in 30 scrips of BSE.
Mumbai/IBNS: Reliance Retail Ventures Ltd. (RRVL) has extended the long-stop date for the completion of its deal with Future Group by six month to March 31, 2022, according to media reports.
Mumbai/IBNS: Reliance Industries Ltd. (RIL) has justified the inclusion of Saudi Aramco chairman Yasir Al-Rumayyan as an independent director, saying that the appointment meets all the regulatory criteria, pending shareholder approval on the decision.
New Delhi/IBNS: In a big relief to Future Group, the Supreme Court has halted the seizure of Future Coupons, Future Retail and Future Group owned by Kishore Biyani.
Mumbai/UNI: Reliance Industries on Thursday gained by 1.29 per cent to Rs 2,230.65 a major gainer in 30 scrips of BSE.
New Delhi/IBNS: The Delhi High Court Tuesday said it will implement the ruling issued by the single-judge bench restraining Future Retail Ltd (FRL) from selling its retail assets for Rs 24,713 crore with Reliance Retail to sell its business, which was opposed by US-based e-commerce giant Amazon, in case no stay is obtained from the Supreme Court within four weeks.
Mumbai/IBNS: Reliance Industries Limited (RIL), India’s largest private sector company is doubling its PET recycling capacity by setting up a recycled polyester staple fiber (PSF) manufacturing facility in Andhra Pradesh.
Mumbai: Reliance Retail, which is an arm of Reliance Industries Limited, on Friday announced it has acquired a stake of 40.95 per cent for Rs. 3,497 crore in internet technology company Just Dial.
India’s Reliance Industries (RIL) is a prominent name in many sectors. Most popularly known as a fossil giant, RIL created quite a buzz in the telecom sector a few years back. RIL played a huge role in solving the digital divide in the country by providing extremely cheap internet prices and after fixing the issue of a digital divide to a large extent, it has proceeded to solve the green energy divide in the country too. Last month, Mukesh Ambani, the company chairperson, discussed his investment plan of Rs 75,000 crore in the clean energy segment. If the investment goes as planned, Reliance will be directly competing with China.
Mumbai/IBNS:Reliance Industries will fulfill the $15 billion oil deal with Aramco this year, Mukesh Ambani said at the 44th Annual General Meeting of Reliance Industries on Thursday.