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Friday, May 27, 2022

Reliance Industries


Gautam Adani, Mukesh Ambani reap windfall from surging oil, coal

May 18, 2022 11:01 pm

With coal prices skyrocketing to a record, Adani’s conglomerate is expanding a controversial mine in Australia to meet demand. Ambani’s Reliance Industries Ltd. is snapping up distressed crude-oil cargoes at discounts to feed its refining complex, the biggest in the world.

Reliance to acquire dozens of brands in $6.5 billion consumer goods play: Report

May 16, 2022 10:24 am

Reliance, run by Indian billionaire Mukesh Ambani, plans to build a portfolio of 50 to 60 grocery, household and personal care brands within six months and is hiring an army of distributors to take them to mom-and-pop stores and bigger retail outlets across the nation

Reliance Industries shares decline 3% after Q4 earnings; fall nearly 10% in 6 days

May 09, 2022 1:38 pm

The stock has been quoting lower for the past many days and further slumped 3 per cent to Rs 2,542.10, amid a weak trend in the broader market.

RIL, Abu Dhabi’s TA’ZIZ ink $2-billion chemical project joint venture

April 27, 2022 12:50 am

The joint venture will construct and operate a chlor-alkali, EDC and PVC production facility, with total investment of over $2 billion.

RIL-FRL deal off, IBC fears: Shares of Future group cos fall up to 20%

April 26, 2022 12:54 am

Future Supply Chain plummeted by 19.96 per cent to Rs 37.30, Future Market Network plunged by 14.30 per cent to Rs 7.07 and Future Lifestyle Fashions by 19.89 per cent to Rs 29.40.

Future Group firms tumble up to 20%

April 25, 2022 12:40 pm

The stock of Future Consumer plummeted 19.91 per cent, Future Supply Chain Solutions slipped 19.96 per cent, Future Lifestyle Fashions 19.89 per cent, Future Enterprises tumbled 9.87 per cent and Future Retail fell 4.96 per cent on the BSE.

FRL shareholders to be hit if banks opt for IBC resolution

April 25, 2022 5:21 am

RIL has said the takeover proposal can’t be implemented as secured creditors rejected the plan

Reliance calls off Rs 24,713-cr deal with Future Group after secured creditors give a thumbs down

April 23, 2022 7:14 pm

In a regulatory filing, Reliance said Future Group companies have intimated the results of the voting on the scheme of arrangement by their shareholders and creditors at their respective meetings

Reliance's unique energy transition story

April 11, 2022 2:58 pm

Billionaire Mukesh Ambani in 2020 set a 2035 target for Reliance, which operates the world's largest single-location oil refining complex and also has an array of petrochemical units, to turn net carbon zero by 2035.

Amazon calls Future store transfer to Reliance 'fraud'

March 15, 2022 11:53 am

Reliance last month signed lease deeds with landlords who haven't been paid rent for months for stores built on their properties by Future Group. Initially, it sub-leased the properties to Future Group for operation, but this month terminated those sub-leases and took over 947 such stores.


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.