Reliance

RIL Q3 net profit up 38%; retail, digital see record revenues

January 22, 2022 1:20 am

Reliance Industries (RIL) reported a consolidated net profit of Rs 18,549 crore for the quarter ended December 2021, up from Rs 13,101 crore year-ago.

Reliance Retail leads $240-mn round in Dunzo, picks up 25.8%

January 07, 2022 1:21 am

In a statement, Reliance Retail said it has led a $240 million investment round in Dunzo, of which it has put in $200 million. This values the Bengaluru-based startup at a little over $775 million.

Reliance in process of momentous leadership transition: Mukesh Ambani

December 29, 2021 1:21 am

Ambani’s children Akash, Isha and Anant are already on the boards of the group companies. “I have no doubt that Akash, Isha and Anant as the next-gen leaders will lead Reliance to even greater heights,” Ambani said.

5G rollout should be India’s top priority, says Mukesh Ambani

December 08, 2021 12:20 pm

Mukesh Ambani’s keynote at the inauguration of the India Mobile Congress 2021 touches on why timely adoption of new technologies is necessary.

RIL, Abu Dhabi firm to invest $2 billion in UAE petrochem unit

December 07, 2021 11:58 pm

The new joint-venture will construct and operate a chlor-alkali, ethylene dichloride (EDC) and polyvinyl chloride (PVC) production facility, with an investment of more than $2 billion.

Explained: Why are Reliance and Aramco re-evaluating their $15 billion deal?

November 23, 2021 10:22 am

Reliance Industries Ltd and Saudi Aramco are re-evaluating a proposed investment by the latter in RIL's oil to chemicals (O2C) business. A look at the background and context for this decision.

Jio-bp opens its first fuel station in Navi Mumbai; plans 5.5K by FY25

October 27, 2021 1:16 am

Sources at RIL said Jio-bp plans to install EV charging stations at all of its existing fuel retail points and was looking at installing battery swapping facilities more selectively based on demand.

SIAC rejects Future plea to lift interim stay on Reliance deal: ‘orders set out in arbitrator award correctly granted’

October 23, 2021 12:59 am

In its plea, Future Retail had, before the SIAC, said that since it is not a party to the dispute between its own promoter Future Coupons and Amazon, it should be left out of the arbitration.

RIL Q2 profit up 46%; sharp retail recovery, sustained growth in O2C, digital: Ambani

October 23, 2021 1:08 pm

Net profit of Rs 13,680 crore, or Rs 20.88 per share, in July-September compared with Rs 9,567 crore, or Rs 14.84 a share, in the same period a year back, the company said in a statement.

Invesco: Role was to facilitate potential ZEEL-Reliance deal

October 14, 2021 12:49 am

ZEEL said on Tuesday that Invesco had pushed for the merger of ZEEL with a large Indian group (strategic group) as early as this February. However, Goenka said he rejected the deal citing “governance concerns”.

Reliance Jio 4G-ready SIM: Here is how you can get hold of one

May 07, 2016 7:11 pm

Reliance Jio has expanded its 4G service beyond its employees with the employee referral programme. Here is how to get hold of RJio SIM card

Reliance LYF Wind 6, Earth 1, Water 2 and more: All you need to know about LYF devices

March 01, 2016 1:24 pm

Reliance Jio’s LFY brand has launched a slew 4G-enabled smartphones starting at Rs 6,490. Here is all you need to know about the LYF devices.

Reliance Jio Earth 1, LYF Water 1, LYF Water 2 spotted online: Key specs, price and more

January 27, 2016 4:01 pm

Reliance Jio’s LYF Earth 1, LYF Water 1 and LYF Water 2 smartphones are priced the phones between Rs 14,690 and Rs 23,990.

What the Jio institute is expected to earn in its first year: News in Numbers

June 22, 2020 6:21 pm

Reliance’s Jio institute, recently declared an ‘Institute of Eminence,’ puts it at par with the likes of IIT-Delhi, IIT-Bombay, IISc and BITS . Here's a look at its earnings projection in today's News in Numbers. See more: https://bit.ly/2M2t86i

Reliance JioPhone 2 launched in India

June 22, 2020 6:23 pm

Reliance Defence to set up shipyard in Visakhapatnam

January 11, 2016 5:39 am

Mumbai, Jan 11 (ANI): Reliance Defence has signed an accord with Andhra Pradesh Government to set up a naval facility along the country’s coast with an initial investment of Rs.50 billion. Reliance Defence, a unit of billionaire Anil Ambani’s Reliance Infrastructure, plans to build submarines and aircraft carriers as well as to provide services including maintenance and refitting of ships at the facility. Reliance Chairman Ambani cited estimates saying the Indian navy could spend nearly 200 billion rupees annually over the next 15 years on acquisitions and fleet modernisation of submarines and aircraft carriers.