Reliance Retail acquires 52 pc stake in Ritu Kumar's designer labels
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.
Regret being drawn into the dispute between Zee and Invesco: Reliance Industries
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.
Reliance Industries record 3.84 per cent rise to touch Rs 2670.85
Mumbai/UNI: Reliance Industries on Friday advanced by 3.84 per cent to Rs 2670.85 a major gainer in 30 scrips of BSE.
RIL extends deadline for completion of Future deal
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.
Big relief for Future Group as SC stays seizure of assets
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.
Reliance Industries up 1.29 per cent to Rs 2,230.65
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.
Will enforce single-judge order against FRL-RIL deal if no stay order by SC: HC
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.
RIL to double PET recycling capacity with new facility in Andhra Pradesh.
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.
Reliance Retail acquires 40.95 pct stake in Just Dial
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.
After Solving Digital Divide, RIL To Solve Green Energy Divide
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.
Reliance will complete $15 billion oil deal with Aramco in 2021
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.
RIL announces Saudi Aramco chairman Yasir Al-Rumayyan as independent director
Mumbai/IBNS: Reliance Industries chairman Mukesh Ambani on Thursday announced Saudi Aramco as its strategic partner and Yasir Al-Rumayyan as an independent director in its board.
Reliance Industries performance exceeded expectations despite pandemic: Mukesh Ambani
Mumbai/IBNS: Reliance Industries chief Mukesh Ambani on Thursday said that the group exceeded performance expectations despite the pandemic, but what matters most is the humanitarian service provided by the group during the crisis in the country.
New Delhi/IBNS: Kishore Biyani-led Future Group has challenged the ruling of Delhi High Court's single-judge bench, upholding Singapore International Arbitration Centre's order that restrained Future Retail Ltd's (FRL) Rs 24,713 crore deal with Reliance Retail, a deal that was opposed by US-based e-commerce giant Amazon, media report said.