Reliance Industries

Reliance Industries News

GIC Re increases single property cover to Rs 3,500 crore

GIC Re has used its new capacity to provide renewal cover to India’s largest private sector corporate account — Reliance Industries’ refinery and petrochemical plants at Jamnagar and Hazira in Gujarat, during 2018-19.

Moody's says Reliance stake sale to Aramco credit positive

The Aramco transaction structure is yet to be finalised and also remains subject to regulatory and other approvals. RIL expects that the transaction will close before March 2020.

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Reliance Industries shares see biggest intraday rise in decade; rivals hit by disruption worries

Reliance Industries has set a target to reach zero net debt within 18 months and vowed to reward shareholders with higher dividends and periodic bonus issues.

Explained: Saudi Aramco, the company to which Reliance Industries will sell 20% stake

A Saudi Arabian state-owned company, Saudi Aramco has in recent years started making investments across diverse market segments, including in technology companies.

BP, RIL plan fuel retailing joint venture

RIL and BP’s venture will incorporate and build on RIL’s current fuel retailing network of over 1,400 sites across India, which the partners aim to grow rapidly to up to 5,500 sites over the next five years.

Trial against RIL, former executives quashed

Delhi High Court on Thursday set aside a trial court’s March 2012 order to put RIL’s three former executives on trial for criminal conspiracy and possession of secret government documents.

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Reliance Industries Q1 net up 6.8% to Rs 10,104 crore on jump in digital, retail revenue

RIL’s telecom and digital arm Reliance Jio reported a 45.6 per cent increase in net profit at Rs 891 crore for the June quarter as against Rs 612 crore in the same period of last year.

Explained: What acquisition of Hamley's means for Reliance

Reliance Retail's arm Reliance Brands announced purchase of 100 per cent stake in UK-based toymaker Hamleys, adding to the list of Reliance's portfolio ahead of the company's e-commerce foray.

Reliance acquires British toy-maker Hamleys for undisclosed sum

Hamleys, owned by Hong Kong-listed C Banner International Holdings, has 167 stores across 18 countries. In India, Reliance has the master franchise for Hamleys and presently operates 88 stores across 29 cities.

Reliance says not violating US sanctions on Venezuela, bought oil with knowledge of authorities

The US imposed economic sanctions on Venezuela in late January 2019 with a view to curb the country's crude exports and put pressure on socialist President Nicolas Maduro to step down.

Reliance Industries Videos

RelianceJio JioPhone India Ka Smartphone Launched

Reliance Industries Limited chairman Mukesh Ambani today announced the JioPhone, a 4G VoLTE feature phone which he called ‘India ka Smartphone’. The phone is a feature phone, but with a larger screen, access to apps and of course 4G data and 4G VoLTE calls and will effectively cost the customer Rs 0 for the device […]

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

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.

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