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Friday, July 01, 2022

Reliance Industries Limited


FRL shareholders to be hit if banks opt for IBC resolution

April 25, 2022 5:30 am

This is because once a company is taken to the IBC route, equity shareholders has the last claim over any assets of a company after dues to the government, financial institutions, banks and other creditors and bondholders are paid off.

Export potential of half trillion dollars in clean energy: Ambani

February 24, 2022 5:42 am

He said India’s technology and digital exports have risen to $150 billion from less than $10 billion 20 years ago.

Jio ‘not to move further’ with plan to construct towers in Gir

January 11, 2022 11:55 am

🔴 On January 5, The Indian Express had reported that Jio has approached the state forest department seeking clearance for the construction of towers in Gir sanctuary and Girnar sanctuary near Junagadh city that is also a habitat of Gir lions.

Reliance to raise $5 billion to retire existing borrowings

January 02, 2022 1:27 am

"The proceeds from the issuance of the Notes will be utilised primarily for refinancing of existing borrowings, in accordance with the applicable law," it added.

Explained: Big business families and succession via trusts

December 06, 2021 12:31 am

Prominent business families that run empires such as the Reliance Industries Group and the Shriram Group have been in the news recently for their plans to set up trusts to ensure smooth transition of assets and control of the business to their heirs.

Jio net profit growth at 44.9%: RIL net profit falls 7.2% in Q1; Covid curbs hit retail business

July 24, 2021 4:41 am

However, last year’s June quarter profit included an exceptional gain of Rs 4,966 crore. This will mean a 48.4 per cent growth in adjusted profit after tax (PAT) over last year’s Rs 8,267 crore.

Reliance Industries Q3 net up 12% on strong momentum at retail, Jio

January 22, 2021 9:47 pm

Consolidated net profit in October-December stood at Rs 13,101 crore, compared to Rs 11,640 crore net earning in the same period a year back, the company said in a statement.

Mumbai: Posing as RIL executives, fraudsters approach foreign banks for loans; FIR lodged

October 21, 2020 12:06 pm

The alleged fraud was discovered after the representative of a bank based in South Africa wrote to the RIL's Mergers and Acquisition Department.

RIL's market valuation crosses USD 200 billion; First Indian firm to do so

September 10, 2020 6:57 pm

The stock of the country's most valuable firm rose by 7.10 per cent to close at Rs 2,314.65 on the BSE. During the day, it jumped 8.45 per cent to a record high of Rs 2,343.90.

With over Rs 1.69L crore raised in 58 days, RIL debt-free before March 2021 target

June 20, 2020 1:08 am

Shares of RIL surged 6.23 per cent to Rs 1,759.50 on the BSE on Friday, with a market capitalisation of Rs 11.15 lakh crore.


Mukesh Ambani as chief guest at the 106th AGM of Indian Marchants' Chamber

June 19, 2014 8:37 pm

Reliance Industries said it will invest Rs 1.8 lakh crore across businesses in the next three years and launch the much-awaited 4G broadband services in 2015 as it looks to break-into top 50 companies of the world.