April 16, 2024 20:21 (IST)
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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.

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. 

Reliance Industries Ltd group firm to buy 40 per cent stake in designer Manish Malhotra's eponymous brand

New Delhi/UNI: Reliance Industries Ltd (RIL) group firm Reliance Brands Ltd (RBL) on Friday said that it has signed an agreement to acquire 40 per cent stake in MM Styles Pvt Ltd that owns fashion designer Manish Malhotra’s eponymous brand.

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.

US pension fund to vote against Saudi Aramco chairman Al-Rumayyan's appointment to RIL board: Report

The California State Teachers' Retirement Fund (CalSTRS)  has decided to vote against the appointment of Saudi Aramco's chairman Yasir Al-Rumayyan as an independent director to the board of Mukesh Ambani's Reliance Industries, according to a media report.

Reliance Industries net profit dips by 7 pc to Rs 2273 crore in Q1FY22

Mumbai/IBNS: Oil -to-telecom conglomerate Reliance Industries reported a net profit of Rs 12,283 crore for quarter ended June 30, 2021, registering a decline of 7.25 per cent from the same quarter last year owing to increased expenses.

Mukesh Ambani to address RIL AGM 2021

Mumbai/IBNS: Reliance Industries Limited (RIL) will have its 44th Annual General Meeting virtually from 2 pm on Thursday.

No plans to enter contract farming, confirms Reliance industries

Mumbai/UNI: Mukesh Ambani Controlled Reliance Industries Limited (RIL) on Monday said that the company has no plans of entering contract or corporate farming and it has not purchased any agricultural land in India for the purpose of contract farming.

Mukesh Ambani's net worth falls after RIL stock prices tumble post Q2FY21 results : Reports

Mumbai/IBNS: Reliance Industries Chairman and Asia's richest man Mukesh Ambani lost $6.8 billion from his net worth on Monday as his company's shares slipped the most in the last seven months, said media reports.

Mukesh Ambani's RIL tides over pandemic blues with telecom and retail businesses in Q2FY21

Mumbai/IBNS: Mukesh Ambani-owned Reliance Industries Limited (RIL) on October 30 posted huge profits for the quarter-ended September, riding on its telecom and retail verticals.

US-based firm Vista Equity Partners to invest Rs 11,367 crore in Reliance Jio Platforms

Mumbai/IBNS:  Reliance Industries Limited on Friday announced that US-based Vista Equity Partners will invest  Rs 11,367 crore in Jio Platforms.

Reliance Industries to set up wholly-owned subsidiary for digital platform initiatives

Mumbai/IBNS: The Board of Directors of Mukesh Ambani-led Reliance Industries Limited (RIL) on Friday approved the formation of a wholly-owned subsidiary (“WOS”) for Digital Platform initiatives and investment of Rs. 1,08,000 crore in the WOS through Optionally Convertible Preference Shares (OCPS).

Mukesh Ambani's RIL's Q2 profit rises 17 pct

Mumbai, Oct 17 (IBNS):  Oil-to-telecom giant Reliance Industries on Wednesday said it has registered a  17.35 percent year-on-year (YoY) rise in its net profit which stood at  Rs 9,516 crore.