Reliance
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Ambani scions to draw nil salary as directors

Mukesh Ambani, India’s richest billionaire, has been drawing nil salary from since FY21 and will continue to do the same for the next five years.

published on : 27th September 2023
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HDFC, RIL shares drag down market over 1 per cent

Investors ramain cautious on rising US bond yields and dollar, elevated oil prices, and concern over Fed policy meeting 

published on : 21st September 2023
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KKR to invest Rs 2K crore in Rel Retail for 0.25 per cent stake

The investment is at "a pre-money equity value of Rs 8.361 lakh crore (around USD 100.87 billion)", said a joint statement.

published on : 11th September 2023
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Reliance in early talks with foreign chipmakers for technology partner

Recently, the government approved the application of the US-based Micron Technology Inc., which plans to invest $2.75 billion in an assembly and testing facility in Gujarat.

published on : 9th September 2023
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Reliance Retail acquires 51% stake in Alia Bhatt-promoted kids' wear brand Ed-a-Mamma

Ed-a-Mamma was founded by Alia Bhatt in 2020 as an apparel brand for 2–-12-year-olds.

published on : 6th September 2023
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Jio Financial, a potent disruptor but can get the execution right?

Jio Financial Services’s entry into financial services can cause a potential disruption in the market but the new entrant will have to get several things right to become a formidable player.

published on : 2nd September 2023
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Jio Financial share rebounds on foray into insurance business

Addressing the 46th AGM of RIL on Monday, Mukesh Ambani said that JFS plans to enter the insurance in partnership with global players.

published on : 30th August 2023
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Reliance Retail may outpace other RIL businesses

Valuation after Qatar Investment Authority’s 1% stake buy for $1 bn surged to `8.28L cr from `4.28L cr in Sept 2020

published on : 30th August 2023
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Reliance Industries Ltd charts ambitious new energy path

We are well on our way to build the New Energy ecosystem of manufacturing solar, wind, batteries, hydrogen, and bio-energy platforms,” Ambani said.

published on : 29th August 2023
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Reliance Retail to attract more global investors: Ambani  

Announcing plans about Jio Financial Services (JFS), Mukesh Ambani said that the recently demerged financial services arm will foray into insurance sector.

published on : 29th August 2023
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Mukesh Ambani's children to get board seats at Reliance Industries

Mukesh to stay at the helm for five more years; Nita out of board, to manage the foundation.

published on : 29th August 2023
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Mukesh Ambani unveils ambitious plans for new energy business

The group plans to set up a battery GIGA factory by 2026 and it targets 100 (Giga Watt) renewable energy capacity by 2030.

published on : 28th August 2023
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Next generation of Ambani family joins board of Reliance Industries Limited

Meanwhile, Mukesh Ambani will continue to perform his responsibilities as chairman and Managing Director for five more years.

published on : 28th August 2023
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Jio promises AI to 'everyone, everywhere': Mukesh Ambani

Over the next five years, Reliance aims to transition a major part of its energy consumption into connectivity and digital services to Green Energy, which is environmentally friendly.

published on : 28th August 2023
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Jio to launch commercial  Jio AirFiber on 19 September: Mukesh Ambani

JioAirFiber will be launched on Ganesh Chaturthi, September 19, Ambani said at the 46th AGM of Reliance Industries.

published on : 28th August 2023
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Watch Live: Mukesh Ambani's speech at Reliance Industries AGM 2023

The highly anticipated meeting by the investors is expected to give more clarity on Reliance's initial public offerings (IPO) plan for its retail and telecom units. 

published on : 28th August 2023
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RIL, Oberoi sign agreement to manage 3 hotels in India, UK

These include upcoming Anant Vilas Hotel in Mumbai’s Bandra Kurla Complex (BKC), the iconic Stoke Park in the UK, and another planned project in Gujarat.

published on : 25th August 2023
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Qatar deal affirms Reliance Retail Ventures Ltd’s robust valuation, say analysts

The deal has increased Reliance Retail’s value to 16 trillion or 2,253  per share compared to Rs 1,520  three years ago, said analysts from Motilal Oswal.

published on : 24th August 2023
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QIA to acquire stake in Reliance Retail for L8.3K crore

Deal comes as Reliance is considering public listing for RRVL 

published on : 24th August 2023
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Jio Financial shares hit lower circuit for 3rd consecutive day

Shares of Jio Financial Services, the demerged financial services unit of Reliance Industries, fell by 5% on Wednesday to hit its lower circuit limit for the third day running.

published on : 24th August 2023
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