| Reliance Industries Limited (RIL) Related news |
Mukesh Ambani’s RIL share price gains 2.2% to emerge as biggest Sensex gainer
Posted on 27th December 2018 |
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RIL share price: Shares of billionaire Mukesh Ambani-led Reliance Industries surged in trade on Thursday morning, to emerge as the biggest gainer in the Sensex. RIL share price zoomed by more than 2.2% to hit Rs 1,122.90. RIL is contributing the maximum to Sensex gains currently. Among other major bluechip gainers were TCS, Infosys and ITC. A look at top index contributors. |
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Saudi Arabia, RIL in talks for refinery, petrochem project
Posted on 19th December 2018 |
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World’s largest oil exporter Saudi Arabia and richest Indian Mukesh Ambani-run Reliance Industries are discussing joint investment in petrochemicals and refinery projects, the Saudi Oil Minister Khalid al-Falih said. Al-Falih, who has known Ambani for over a decade now, travelled to Udaipur earlier this month to attend the pre-wedding festivities of Ambani’s daughter Isha’s marriage with Ajay Piramal’s son Anand. |
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Mukesh Ambani’s RIL in talks with Saudi Arabia for new refinery, petrochemicals projects
Posted on 18th December 2018 |
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World’s largest oil exporter Saudi Arabia and richest Indian Mukesh Ambani-run Reliance Industries are discussing joint investment in petrochemicals and refinery projects, the Saudi Oil Minister Khalid al-Falih said. Al-Falih, who has known Ambani for over a decade now, travelled to Udaipur earlier this month to attend the pre-wedding festivities of Ambani’s daughter Isha’s marriage with Ajay Piramal’s son Anand. |
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Reliance Industries share price falls over 4%; Sensex, Nifty trade lower ahead of poll results
Posted on 10th December 2018 |
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Reliance Industries Limited (RIL) shares fell over 4 percent today as the benchmark equity index BSE Sensex plunged 550 points Monday in view of exit poll results ahead of outcome of state elections, weakening rupee and crude oil price rise amid rise in US-China trade tensions. The RIL shares fell 47.30 points, or 4.17 percent, to Rs 1085.95, losing the most among the 30-participants of the index today. |
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Gas theft case: HC seeks response from Reliance, others
Posted on 8th December 2018 |
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The Delhi High Court on Friday sought response from Mukesh Ambani-led Reliance Industries (RIL) and its partners on the government’s petition accusing it of “unjust enrichment of over $1.729 billion” by siphoning gas from deposits they had no right to exploit.
Justice Rajiv Shakdhar while seeking response from the RIL, its partners – UK-based BP Plc and Niko Resources of Canada – posted the matter for directions on December 15. |
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Reliance Industries arm invests in visual storytelling start-up NEWJ
Posted on 29th November 2018 |
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Reliance Industrial Investments and Holdings (RIIHL), a wholly owned subsidiary of Reliance Industries, has invested in New Emerging World of Journalism Private (NEWJ), a start-up that curates and produces video content for smartphone users. As initial tranche, RIIHL has subscribed to 30,000 equity shares and 125 compulsory convertible debentures for total cash aggregating to Rs 1.03 crore and consequently NEWJ has become a subsidiary of RIIHL and RIL, a company statement said. |
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RIL's arm acquires substantial stake of Rs 10.3 mn in media startup NEWJ
Posted on 28th November 2018 |
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Reliance Industries arm has acquired substantial stake in media startup New Emerging World of Journalism (NEWJ) with an initial investment of Rs 10.3 million. As initial tranche, RIIHL (Reliance Industrial Investments and Holdings Limited) has subscribed to 30,000 equity shares and 125 compulsory convertible debentures for total cash aggregating to Rs 10.3 million and consequently NEWJ has become subsidiary of RIIHL and the company, RIL said in a late regulatory filing on Tuesday. |
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Mukesh Ambani plans to expand RIL Jamnagar complex to make world’s largest refinery even bigger
Posted on 19th November 2018 |
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Billionaire Mukesh Ambani-owned Reliance Industries Ltd. is considering a plan to boost its oil-refining capacity by about half, people with knowledge of the matter said. The proposed plant, to come up at the world’s biggest refining complex in Jamnagar, will be able to process as much as 30 million tons of crude a year, the people said asking not to be identified because the discussions are private. A Reliance spokesman didn’t reply to an email seeking comment. |
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Reliance pips TCS to become most-valued firm
Posted on 16th November 2018 |
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New Delhi: Shares of Reliance Industries (RIL) Friday rose over 2% helping the oil-to-telecom major pip Tata Consultancy Services (TCS) to become the most-valued company in terms of market capitalisation. |
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RIL’s 10,000 crore shopping spree for Reliance Jio, Reliance Retail
Posted on 5th November 2018 |
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Mumbai: Acquisitions were not its second nature. But when the yarn-to-telecom conglomerate, Reliance Industries Ltd (RIL) saw that it may be a tad lagging in building its new-age businesses, inorganic growth was the only route plausible. Over the past 11 months, RIL through its web of subsidiaries, has either acquired or struck partnerships with more than two dozen entities to expand Reliance Jio Infocomm Ltd and Reliance Retail, spending nearly 10,000 crore. |
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