Reliance Industries


Reliance Industries Hints It's No Longer Desperate For Saudi Aramco Deal

Banking - Published date: .

"Ambani's comment on the deal is a message to Aramco - RIL is no longer desperate for the deal," said an analyst who did... Read more

With A Fortune Of $68 Bn, Mukesh Ambani Now Richer Than Warren Buffet

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Shares of Ambani's conglomerate have more than doubled since a low in March as its digital unit got more than $15 billio... Read more

Default Risk For Indian Companies Drops At Fastest Pace In Decade

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The cost to insure against nonpayment by a basket of Indian companies, including Reliance Industries and State Bank of I... Read more

Reliance Shares Jump 2.95%; Market-cap Zooms Rs 34,195 Cr To Rs 11.9 Trn

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The market heavyweight stock gained 2.95 per cent to close at Rs 1,878.50 on the BSE. Read more

Genpact, UPL Corporation Won't Be Impacted By India Downgrade: Moody's

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Rating agency says RIL, TCS, Infosys among five Indian companies that meet norms for being rated above sovereign Read more

Zoom's Newest Challenger: Budding Internet Tycoon Mukesh Ambani

Banking - Published date: .

Like Google Meet, Microsoft Teams and other services, JioMeet offers unlimited high-definition calls - but unlike Zoom, ... Read more

Intel Capital Picks Up 0.39% Stake In Jio Platforms For Rs 1894.50 Cr

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The latest fund raising news comes on the back of RIL's announcement that it has turned net debt free ahead of its March... Read more

RIL Net Debt To Dip With Rights Issue, Jio Stake Sale: Morgan Stanley

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Reliance Industries announced today an investment of $252 million by Intel Capital for a 0.39 per cent stake in Jio Plat... Read more

Mukesh Ambani Pushes For Clean, Affordable Energy; Tech To Decarbonise

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"It's not only imperative for us to be net carbon zero but I think that we should opt to recycle carbon," Ambani said. Read more

RIL A Net Debt-free Firm Now, Will Rope In Investors In Retail Biz: Ambani

Banking - Published date: .

As on March 2020, RIL had a net debt of Rs 1.61 trn and managed to turn itself net debt-free after raising Rs 1.68 trn v... Read more

RIL Shares Jump Over 6%; Market Valuation Crosses Rs 11 Trn Mark

Banking - Published date: .

Earlier in the day, Ambani announced that Reliance Industries had become net debt-free after raising a record Rs 1.69 tr... Read more

How RIL Became The First Indian Company To Top Rs 11 Trn In Market-cap

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Shares of RIL have more than doubled from this year's low of Rs 868 in March underpinned by a stream of investments in i... Read more

RIL Net Debt Free Before Schedule; To List Retail, Telecom Biz Within 5 Yrs

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Starting with Facebook Inc on April 22, Reliance has sold almost 25 per cent of equity in Jio Platforms. Read more

Future Group In Advance Talks With RIL To Sell Stake In Retail Biz: Report

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Future Retail operates 1,500 retail stores that cover over 16 million square feet of retail space in 400 cities Read more

Manoj Modi, The Rainmaker Behind Mukesh Ambani's $13-billion Deal Spree

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Reserved and mostly invisible to the public, Modi is viewed by many insiders and others in India's business world as the... Read more

RIL Partly-paid Shares Under Rights Issue To Debut On Bourses On Monday

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These shares are worth a fourth of the fully-paid up shares of RIL that are traded on the bourses Read more

Netflix In Talks With RIL; To Source Indian Content From Viacom18: Report

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Under the partnership, Network18 affiliates - which include its joint venture with ViacomCBS, Viacom18 - would create sh... Read more

RIL Raises Over Rs 1 Trn In 6 Weeks, Sells 19% Stake In Jio To 6 Investors

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The Mukesh Ambani-led company plans to reduce debt with the proceeds from the stake sale Read more

Facebook To Mubadala: Investors Queue Up For Stake In Jio Platforms

Banking - Published date: .

Including investment by the Abu Dhabi fund, Reliance has now sold a combined 19% interest in Jio Platforms in six deals ... Read more

Abu Dhabi's Mubadala To Buy 1.85% Stake In Jio Platforms For 9093.6 Crore

Banking - Published date: .

Other recent investors in Jio Platforms are private-equity firms General Atlantic, Silver Lake, Vista Equity Partners, a... Read more