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Tag: Ril

Future-Group
Deal With RIL In Line With Indian Laws, Not Party To Agreement With Amazon: Future

Mumbai: After a Singapore arbitration court ordered a temporary stay on Reliance Retail’s acquisition of the debt laden Future Group’s retail business, the latter has said that the deal with Reliance Retail is in consonance with Indian laws. It further said that it is not a party to the agreement under which Amazon has invoked […]

ril-nm
Reliance Retail Acquires Majority Stake In Netmeds

New Delhi: Reliance Industries Limited (RIL) on Tuesday announced that its subsidiary Reliance Retail Ventures Limited (RRVL) has acquired a majority equity stake in Vitalic Health Pvt Ltd and its subsidiaries (collectively known as Netmeds) for a cash consideration of approximately Rs 620 crore. This investment represents around 60 per cent holding in the equity […]

Sensex
Sensex jumps 500 points, trades over 32,000-mark

Mumbai: The key Indian equity indices opened on a positive note on Monday, with the BSE Sensex increasing over 500 points, to trade over the psychological 32,000-mark. The surge in the domestic market was in line with the Asian indices. Market sentiments have been boosted on hopes of reopening of the global economies. At 10.09 […]

Reliance
Reliance Contributes Rs 500 crore & HAL Rs 26.25 crore to PM CARES Fund

Mumbai: Reliance Industries (RIL), here on Monday, announced to contribute Rs 500 crore to the PM CARES Fund to help the fight against the coronavirus pandemic. In addition, the company has also contributed Rs 5 crore each to Maharashtra and Gujarat for the cause. “RIL continues its 24×7, multi-pronged, on-the-ground effort to do its bit […]

mukesh212
Microsoft-Jio Defining Partnership Of Decade: Mukesh Ambani

Mumbai: Congratulating Microsoft CEO Satya Nadella for his leadership of the organisation, Reliance Industries Ltd. (RIL) Chairman and Managing Director Mukesh Ambani said on Monday that the collaboration between Microsoft and Jio would be the defining partnership of the decade. The partnership between the two organizations, announced at the Microsoft’ “Future Decoded Summit’ here, is […]

RIL-&-Network-18
RIL To Merge Media, Distribution Businesses Into Network18

New Delhi: Reliance Industries on Monday announced consolidation of its all media and distribution businesses under one umbrella brand ‘Network18’. Under the scheme of arrangement, TV18 Broadcast, Hathway Cable & Datacom and Den Networks will merge into Network18 Media & Investments, which will be an integrated media and distribution company with a revenue of Rs […]

Reliance-Industries
RIL 1st Indian Co. To Cross Rs 10-Lakh-Cr Market Cap

Mumbai: Oil to telecom major Reliance Industries (RIL) on Thursday surpassed the Rs 10-lakh-crore in market capitalisation, becoming the first Indian company to do so. RIL hit its 52-week high on the BSE at Rs 1,581.25 a share, rising 0.64 per cent. While RIL gained nearly 40 per cent during the last year, the Nifty50 […]

Sensex
Sensex Rises Over 100 Pts; Tata Motors Rallies 13 Pc

Mumbai: Equity benchmark BSE Sensex jumped over 100 points in early trade on Tuesday led by gains in Tata Motors, RIL and TCS, amid foreign fund inflow. After hitting a high of 39,393.12, the 30-share index was trading 106.37 points, or 0.27 per cent, higher at 39,356.57 in morning trade, and the broader NSE Nifty […]

Sensex opens over 200 pt higher; Nifty tops 11,600

Mumbai: Equity benchmark BSE Sensex jumped over 200 points in early session on Tuesday, driven by gains in index heavyweights RIL, Infosys, TCS and Maruti, amid positive domestic and global cues. Strong foreign fund inflow too buoyed market mood here, traders said. After hitting a high of 39,306.37 points, the 30-share index pared some gains […]

ril
RIL's 'new commerce' to digitally connect kirana stores

Mumbai: Reliance Industries (RIL) Chairman Mukesh Ambani on Monday said the company’s retail arm will soon unveil Reliance New Commerce, an initiative to digitally connect kirana stores across the country. Speaking to shareholders at RIL’s 42nd Annual General Meeting, Ambani said that the trials of Reliance Retail’s digital commerce venture have delivered positive results. “This […]

RIL
RIL acquires global toy firm Hamleys for Rs 620 crore

Mumbai: In a bid to become a dominant player in the global toy retail industry, Mukesh Ambani-led Reliance Industries Limited (RIL) on Thursday announced it has acquired iconic British toy retailer Hamleys from Chinese fashion wear firm C Banner International. The company acquired “Hamleys Global Holdings Limited (HGHL) for a cash consideration of GBP 67.96 […]

Mukesh Ambani
Mukesh Ambani among TIME's 100 most influential people

New Delhi: Reliance Industries (RIL) Chairman Mukesh Ambani has featured in the TIME magazine’s list of 100 most influential people. Arundhati Katju and Menaka Guruswamy, who led the legal battle for LGBTQ rights in India, also featured in the list that was released on Wednesday. The “Time 100 Most Influential People 2019” named the world’s […]

RIL
Reliance Industries to invest Rs 55,000 cr in Andhra Pradesh

Visakhapatnam: Reliance Industries Ltd plans to invest Rs 55,000 crore in Andhra Pradesh in energy and digital infrastructure sectors over next five years, officials said on Sunday. The Mukesh Ambani-led group signed MoUs for this purpose with the Andhra Pradesh government on Sunday, the second day of the CII Partnership Summit. India Gas Solutions Private […]

SEBI can withhold info on probe against RIL: CIC

The Central Information Commission has allowed Securities and Exchange Board of India to withhold the information on its probe into alleged short selling of shares by Reliance Industries Limited in 2007 saying investigation has not concluded yet

RIL to acquire control of NW18, to spend Rs 4,000 crore

In the biggest ever deal in the Indian media sector, Reliance Industries Ltd (RIL) will acquire control in Network 18 Media & Investments Ltd, including its subsidiary TV18 Broadcast Ltd, for Rs 4,000 crore

Moily_Odishatv
'RIL's KG-D6 gas contract can't be terminated on target issue'

With Aam Aadmi Party (AAP) leader Arvind Kejriwal making hike in gas prices a poll issue, Oil Minister M Veerappa Moily has written to Prime Minister Manmohan Singh saying Reliance Industries' contract for KG-D6 gas fields cannot be terminated pending arbitration on issue of output lagging targets