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Saturday, December 14, 2019

Reliance Industries


RIL arm acquires over 51 per cent stake in Asteria Aerospace for Rs 23.12 crore

December 13, 2019 5:27 pm

Reliance Strategic Business Ventures Ltd (RSBVL) proposes to make a further investment of up to Rs 125 crore, subject to Asteria achieving agreed milestones

RIL arm picks up majority stake in NowFloats for Rs 142 crore

December 12, 2019 4:51 pm

The stake purchase is aimed at strengthening the RIL's digital and new commerce initiatives.

Vodafone Idea shares surge over 24%, Bharti Airtel hits fresh 52-week high on tariff hike announcement

December 02, 2019 5:46 pm

The shares of Vodafone Idea surged as much as 24.30 per cent to Rs 8.49 on the BSE in the intraday trade on Monday, while Bharti Airtel shares had rallied to their 52-week high of Rs 485.75, rising by 9.82 per cent from their previous close during the intraday session.

Reliance Industries becomes first Indian firm to hit Rs 10 lakh crore m-cap

November 29, 2019 3:31 am

Market capitalisation is the total market value of the company’s listed shares held by shareholders. As the promoters — Mukesh Ambani — hold over 50 per cent in the company, the value of the promoter group’s holding is over Rs 500,000 crore, or $70.27 billion.

Reliance Industries becomes first Indian company to touch Rs 10 lakh crore market cap

November 28, 2019 4:50 pm

Shares of the oil-to-telecom company settled at Rs 1579.95 on the BSE, rising by Rs 10.20 or 0.65 per cent. The market valuation of RIL stood at Rs 10,01,555.42 crore at the end of day's trade, according to the data available on the exchange.

Reliance Industries breaks into club of six oil elites

November 20, 2019 1:26 pm

Reliance’s shares have increased at three times the pace of India’s benchmark index this year after its billionaire owner in August announced plans to cut the company’s net debt to zero in 18 months through measures including a stake sale in the oil-to-chemicals business to Saudi Aramco.

Reliance Industries shares touch fresh all-time high, market cap inches closer to Rs 10 lakh crore

November 20, 2019 5:19 pm

Reliance Industries (RIL) hit a fresh all-time high of Rs 1,571.85 apiece in the intraday trade on the BSE on Wednesday. The market cap of the company inched near Rs 10 lakh crore mark.

RIL to set up subsidiary for digital platform initiatives

October 25, 2019 10:25 pm

RIL said that RJIL board has approved a scheme of arrangement between the company and certain classes of its creditors including debenture holders for transfer of identified liabilities of up to Rs 1.08 lakh crore to RIL.

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

August 16, 2019 3:15 am

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

August 14, 2019 11:22 am

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.


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.