Reliance acquires majority stake in designer brand Abraham & Thakore
Reliance Retail has acquired a majority stake in designer wear brand Abraham & Thakore for an undisclosed amount, the company said Tuesday.
India's clean energy export likely to rise to $500 billion in next 20 yrs: Mukesh Ambani
India's export of clean energy is likely to rise to $500 billion over the next 20 years, emerging as a global green energy superpower, Reliance Industries chairman Mukesh Ambani said Wednesday, according to media reports.
RIL signs MoU with Gujarat for investing Rs 5.95 lakh crore
New Delhi/UNI: Billionaire Mukesh Ambani-led Reliance Industries Limited (RIL) on Thursday said it has signed MoU with the Gujarat government for a total investment of Rs 5.95 lakh crore in the state as part of investment promotion activity for Vibrant Gujarat Summit 2022.
Sensex advances 366 pts, Nifty rises by 101.20 pts
Mumbai/UNI: Extending its gains for the fourth consecutive session, Sensex on Wednesday advanced 366 points to 60,982.96 as buying was seen across the board.
Reliance buys iconic hotel Mandarin Oriental New York
New Delhi/UNI: Mukesh Ambani-led Reliance Industries Ltd (RIL) on Saturday announced that one of its group firms has signed a $ 98.15 million deal to acquire a Cayman Islands firm that owns iconic luxury hotel Mandarin Oriental New York in New York City.
RIL raises $4 bn in largest-ever foreign currency bond
New Delhi/UNI: As part of its mega dollar-denominated bond issue, Mukesh Ambani-led Reliance Industries Ltd (RIL) has raised $4 billion joining a select group of issuers from Asia to have made jumbo bond issuances.
Mukesh Ambani-led Reliance to raise up to US$ 5 billion through overseas bonds
New Delhi/UNI: Mukesh Ambani-led Reliance Industries Ltd (RIL) on Saturday said that the Finance Committee of the Board of Directors of the company has approved the plan to raise up to US$ 5 billion through an overseas bond issue.
Mukesh Ambani opens up about succession of Reliance Industries for the first time
Mumbai/IBNS: Reliance Industries Chairman, Mukesh Ambani has opened up about succession for the first time. The 64-year-old richest Indian said he wants to accelerate the process of leadership transition with the seniors including him making way for the new generation.
Reliance consortium bids for bankrupt Indian fabric provider to Zara, Armani
Mumbai/IBNS: Reliance Industries Ltd (RIL) in partnership with Asset Care & Reconstruction Enterprise Ltd (ACRE) has submitted expressions of interest (EoI) for the bankrupt textile company Sintex Industries Ltd, as it looks to diversify into fashion.
UAE's TA’ZIZ and Reliance ink JV for $2 billion chemicals projects in Ruwais
Mumbai/IBNS: Reliance Industries Limited (RIL) has inked an agreement with Abu Dhabi Chemicals Derivatives Company RSC Ltd (“TA’ZIZ”) to launch ‘TA’ZIZ EDC & PVC’, a world-scale chemical production partnership at the TA’ZIZ Industrial Chemicals Zone in Ruwais.
Reliance, Saudi Aramco to re-evaluate proposed investment in O2C business
Mumbai/IBNS: Reliance Industries Ltd and Saudi Aramco have mutually decided to re-evaluate the latter's proposed investment in the oil-to-chemicals (O2C) business of the Indian conglomerate.
Ambanis have no plans to relocate in London or anywhere else: RIL
Mumbai/IBNS: Reliance Industries Limited (RIL) has denied the reports in the media that its Chairman Mukesh Ambani or his family have any plans to relocate to London.
RIL records 43 pc rise in profits to Rs 13,680 Cr in Q2FY22
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.
Saudi Aramco Chairman Al-Rumayyan appointed to Reliance board after shareholders' approval: Report
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.