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Wednesday, July 15, 2020

Reliance Industries

RELIANCE INDUSTRIES NEWS

RIL jumps 47 places in 3 mths to 51st most valued company in world with $170 bn m-cap

July 14, 2020 12:47 am

Between April 1 and July 13, RIL has gained $81 billion in market capitalisation and has climbed 47 places from being the 98th most valued company on April 1 to 51st most value company now.

RIL shares hit all-time high; market capitalisation surges above Rs 12 lakh crore mark

July 13, 2020 12:21 pm

Earlier in the day, the shares of Reliance Industries (RIL) rallied 3.71 per cent from its Friday's close to hit an all-time high of Rs 1,947.70 apiece on the NSE. On the BSE, it surged to a high of Rs 1,947.00 per share, rising 3.65 per cent.

Reliance Industries' market valuation crosses Rs 11.5 lakh crore mark

July 06, 2020 12:29 pm

Its market valuation rose by Rs 26,150.05 crore to Rs 11,59,318.60 crore during the morning trade.

Intel Capital to buy 0.39% stake in Jio Platforms for Rs 1,894 crore

July 03, 2020 9:41 am

Intel Capital is 12th company to join the list of marquee firms who have recently invested in Jio Platforms, taking the total investment amount to Rs 1,17,588.45 crore.

Mukesh Ambani joins club of world's 10 richest people

June 22, 2020 12:49 pm

Ambani, who owns 42 per cent of Reliance, has benefited from a flurry of investment into the company’s digital unit, Jio Platforms Ltd., that Reliance said has made it net-debt free ahead of a March 2021 target.

Reliance Industries becomes first Indian firm to hit $150 billion market cap

June 22, 2020 12:03 pm

In morning trade, the company's market valuation jumped Rs 28,248.97 crore to Rs 11,43,667 crore (USD 150 billion) on the BSE.

RIL shares jump 2% to hit record high; market valuation rises by Rs 16,346 crore

June 19, 2020 12:34 pm

The heavyweight stock rose 1.97 per cent to Rs 1,689 -- its all-time high -- on the BSE. On the NSE, it surged 1.99 per cent to its record peak of Rs 1,688.95.

RIL now net-debt free after raising Rs 1.69 lakh crore in less than two months: Mukesh Ambani

June 19, 2020 11:50 am

In a filing to the stock exchanges, Reliance Industries (RIL) said that it has raised over Rs 168,818 crore in just 58 days. Of this, investments by global tech investors in Jio Platforms stands at Rs 115,693.95 crore, for a stake sale of 24.70 per cent. Apart from this, the company has also raised Rs 53,124.20 crore through the country's biggest rights issue.

Jio to capture 48% market share by FY25, says Bernstein report

June 17, 2020 1:33 pm

All together Reliance Industries has monetised 22.38 per cent of Jio Platforms and raised Rs 1.04 lakh crore in the process.

Next leg of RIL debt-reduction to be driven by strong cashflow from energy business, says report

June 16, 2020 1:52 pm

"Deleveraging has played out faster than expected, fuelling rerating. The next leg of growth and surprises should be from volume and margin recovery in energy and retail," according to the Morgan Stanley report.

RELIANCE INDUSTRIES VIDEOS

WB is on the 'ease of doing business matrix today': Mukesh Ambani

January 08, 2016 12:12 pm

Kolkata, Jan 08 (ANI): While addressing at the Bengal Global Business Summit in Kolkata, the chairman of Reliance Industries, Mukesh Ambani on Friday said that West Bengal is one of the top Indian states on the 'ease of doing business matrix today'. He also said that it's a platform to bring together everyone who has a stake in the development of the state.