Reliance Industries
Indian multinational conglomerate company
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Reliance Industries Limited (RIL) is an Indian multinational conglomerate, headquartered in Mumbai. RIL's diverse businesses include energy, petrochemicals, natural gas, retail, telecommunications, mass media, and textiles. Reliance is one of the most profitable companies in India, the largest publicly traded company in India by market capitalisation, and the largest company in India as measured by revenue after recently surpassing the government-controlled Indian Oil Corporation. It is also the eighth largest employer in India with nearly 195,000 employees. On 10 September 2020, Reliance Industries became the first Indian company to cross $200 billion in market capitalisation.
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Reliance Industries Limited refutes reports of Nita Ambani joining BHU as facultyIndiaTimes - Published | |
Man defrauds India's richest man Mukesh Ambani's RIL, ED launches probeThe investigation is being conducted under the Prevention of Money Laundering Act (PMLA) based on FIR filed by the CBI.DNA - Published | |
RIL moves HC, says no plan to get into contract farmingIndiaTimes - Published | |
Reliance Jio to move Punjab & Haryana HC, seeks urgent intervention to stop vandalismReliance Industries Limited (RIL), through its subsidiary Reliance Jio Infocomm Limited, in a petition mentioned to be filed in Punjab and Haryana High Court today, has sought urgent intervention of..IndiaTimes - Published | |
Reliance to build ‘largest zoo in world’ in GujaratA pet project of Anant Ambani, RIL chairman Mukesh Ambani’s youngest son, the zoo will be built on about 280 acres of land close to the company’s refinery project at Moti Khavdi near Jamnagar, the..IndiaTimes - Published | |
Reliance says TPG and L Catterton to invest $847 million in Jio PlatformsIndian oil-to-telecoms conglomerate Reliance Industries raised a total of 64.4 billion Indian rupees ($847 million) from the sale of two stakes in its digital unit Jio Platforms, the group said on..Reuters India - Published | |
Reliance says TPG to invest $598 million in digital unitIndian oil-to-telecoms conglomerate Reliance Industries said on Saturday that global investment firm TPG will buy a 0.93% stake in its digital unit Jio Platforms for 45.46 billion rupees ($598..Reuters India - Published | |
Sensex, Nifty end higher as Reliance gains, bargain hunters chip inIndian shares recovered from a sharp early drop to end higher on Friday, helped by gains in heavy-weight Reliance Industries, with investors seeking bargains as the indexes registered their first..Reuters India - Published | |
Exclusive: Netflix in talks to source Indian content from Reliance affiliate Viacom18 - sourcesU.S. video streaming company Netflix is in talks with Viacom18, part of the Indian conglomerate Reliance Industries' media unit Network18, about a multi-year partnership to source content, three..Reuters India - Published | |
Sensex, Nifty end higher as easing curbs outweigh COVID-19 surgeIndian shares ended higher on Wednesday, led by gains in Reliance Industries and financials, as optimism around reopening of the economy and buoyant global risk sentiment trumped concerns over a surge..Reuters India - Published | |
Indian stocks fall 1% as banks, Reliance dragIndian shares closed lower on Tuesday, ending a 13% surge over the last nine sessions, as banks and heavyweight Reliance Industries weighed, with a broader rally on hopes of a quicker global economic..Reuters India - Published | |
Indian shares rise led by financials, Reliance IndustriesIndian shares rose on Monday, lifted by gains in financials and a surge in Reliance Industries after its digital unit received multiple investments over the last three days, while upbeat U.S. jobs data..Reuters India - Published | |
Reliance says Abu Dhabi Investment Authority invests $752 million in digital unit Jio PlatformsIndian oil-to-telecoms giant Reliance Industries said on Sunday that the Abu Dhabi Investment Authority (ADIA) will buy 1.16% of its digital unit Jio Platforms for 56.83 billion rupees ($752 million).Reuters India - Published | Indian shares edge up as financials gain; Reliance hits record highIndian shares edged higher on Friday, helped by gains in financial stocks and a surge in conglomerate Reliance Industries after Abu Dhabi state fund Mubadala invested in its digital unit.Reuters India - Published |
Abu Dhabi-based Mubadala to invest over Rs 9000 crore in Jio PlatformsRIL subsidiary Jio Platforms is a next-generation technology platform focused on providing affordable, high quality digial services across India.DNA - Published | Indian shares edge higher, led by Reliance, financialsIndian shares edged higher on Friday, helped by gains in financial stocks and a surge in conglomerate Reliance Industries after Abu Dhabi state fund Mubadala invested in its digital unit.Reuters India - Published |
Reliance Industries closes $7 billion rights issue, India's largest everIndia's oil-to-telecoms giant Reliance Industries on Wednesday closed a $7 billion rights issue, India's largest ever, luring buyers in with a rare deferred payment offer.Reuters India - Published | Reliance launches JioMart online grocery service, challenging Amazon, FlipkartReliance Industries Ltd has launched an online grocery service, JioMart, the head of its grocery retail business said, in a move aimed at rivalling Amazon.com's local unit and Walmart Inc's Flipkart in..Reuters India - Published |
Factbox: Fundraising spree for Reliance's Jio Platforms values it at $65 billionReliance Industries has raised $10 billion in just a month through five stake sales in digital unit Jio Platforms, whose valuation has surged to $65 billion.Reuters India - Published | KKR to invest $1.5 billion in Reliance Industries' digital unit, its biggest deal in AsiaKKR & Co Inc will invest $1.5 billion in Reliance Industries' Jio Platforms, its biggest investment in Asia to date and bringing the amount of new funds raised by the Indian digital company this month..Reuters India - Published |
Sensex, Nifty end higher on Bharti Airtel boost; banks fallIndian shares ended higher on Tuesday after three days of losses, spurred by a surge in Bharti Airtel and optimism around a potential coronavirus vaccine, but a late slide in banking stocks and..Reuters India - Published | Nifty, Sensex fall as economic package fails to impress; Reliance risesIndian shares slipped on Monday as investors were unimpressed by the government's economic relief measures and coronavirus cases continued to rise steadily, while a boost in Reliance Industries and..Reuters India - Published |
Reliance in $870 million General Atlantic deal as Jio Platforms funding tops $8 billionReliance Industries on Sunday announced U.S. fund General Atlantic will invest 65.98 billion rupees ($870 million) in Jio Platforms, a fourth deal that takes investment in its digital unit to over $8..Reuters India - Published | India launches contact-tracing app for JioPhones in virus battleIndia's technology ministry said on Thursday it had rolled out a version of its Bluetooth contact-tracking app for 5 million JioPhones, the cheap internet-enabled devices sold by Reliance Industries'..Reuters India - Published |
Sensex, Nifty trim losses on stimulus hopes; Reliance tumblesIndian stocks pared sharp early losses to end slightly lower on Tuesday on fresh hopes of economic stimulus to aid businesses battered by the coronavirus, even as a plunge in heavyweight Reliance..Reuters India - Published | Sensex, Nifty surge as lockdowns ease; Reliance, automakers gainIndian shares bounced on Monday, tracking a surge in Asian peers, as phased easing of coronavirus lockdowns at home and elsewhere spurred hopes of an economic recovery.Reuters India - Published |
Sensex, Nifty rise on Reliance boost, but end week sharply lowerGains in Reliance Industries boosted Indian shares on Friday, but they ended the week sharply lower as coronavirus cases continued to spiral and markets awaited an economic stimulus.Reuters India - Published | Indian shares follow Asian peers higher, Reliance jumps on new dealIndian shares jumped on Friday, tracking a surge in Asian equities, as Reliance Industries gained on yet another stake sale, while investors also awaited economic stimulus for small businesses battered..Reuters India - Published |
India to roll out COVID-19 app for Reliance's JioPhone in bid to widen useIndia will within days roll out a version of its coronavirus contact-tracing application that can run on mobile carrier Reliance Jio's cheap phones, as it looks to increase the reach of the system, a..Reuters India - Published | Reliance to sell $750 million stake in unit to Silver Lake, on track to cut debtIndia's Reliance Industries Ltd said on Monday private equity firm Silver Lake will invest nearly $750 million in its digital arm, days after securing a $5.7 billion investment from Facebook Inc ,..Reuters India - Published |
Covid-19 lockdown: Priyanka Gandhi urges telecom companies to provide free services to migrant labourersCongress leader Priyanka Gandhi Vadra called upon telecom companies to make their services free for a month to enable the poor migrant labourers reach out to their near and dear ones. In separate..IndiaTimes - Published | Jagan gives RS ticket to RIL group president NathwaniIndiaTimes - Published |
In blow for Andhra, RIL scraps 15,000cr project over land row"Despite protests by farmers, they served notices.Local police also threatened to book cases against farmers for obstructing officials from discharging their duties.IndiaTimes - Published | |
