Reliance Industries

Reliance, affiliates buy 3/4 of KG-D6 gas volumes

Reliance and its partner UK's BP Plc last week auctioned 5.5 million standard cubic meters per day of incremental gas from the newer discoveries in the KG-D6 block, benchmarking it to a gas marker.

published on : 10th May 2021

Reliance Industries March quarter net profit more than doubles

Its net profit in the January-March quarter a year ago stood at Rs 6,348 crore, the company said in a stock exchange filing.

published on : 30th April 2021

Reliance, BP start production from second deepwater gas field in KG-D6 block

Reliance-BP, which had commenced output from R Cluster in December last year, started production from the Satellite Cluster, the two firms said in a statement.

published on : 26th April 2021

Reliance takes over iconic British hotel Stoke Park

Britain’s iconic Stoke Park hotel, where two James Bond movies were filmed, has been acquired by Mukesh Ambani’s Reliance Industries.

published on : 24th April 2021

Ambani buys Britain's iconic country club Stoke Park for 57 million pounds

'RIIHL will look to enhance the sports and leisure facilities at this heritage site, while fully complying with the planning guidelines and local regulations,' Reliance said.

published on : 23rd April 2021

Reliance extends deadline to conclude deal with Future Group by six months

Long stop refers to a timeframe in which all the conditions precedent for deal are met for the transaction to be completed. 

published on : 3rd April 2021

Reliance Retail extends deadline to complete Rs 24,713 crore deal with Future Group

The deal, which is contested by Amazon, is facing legal hurdles and a decision from the Supreme Court is pending over the petition filed by the e-commerce major.

published on : 2nd April 2021

Delhi HC judgement would have not come in way of NCLT proceedings, says Future Group

'The Supreme Court has directed that, in the meantime, the NCLT proceedings will be allowed to go on but will not culminate in any final order of sanction of scheme,' said Future Retail.

published on : 19th March 2021

Reliance Industries Limited refutes reports of Nita Ambani joining BHU as visiting faculty

Several media houses had reported that students staged a demonstration at Banaras Hindu University on Tuesday opposing a proposal to make Nita Ambani a visiting professor. 

published on : 17th March 2021

BHU students oppose proposal to make Nita Ambani as visitng professor

Shubham Tiwari, one of the protesting students, said instead of Ambani, those who have set an example of women empowerment should be invited.

published on : 17th March 2021

Reliance Industries to cover COVID-19 vaccination costs for employees, families

Reliance Foundation chairperson Nita Ambani further urged all those employees eligible to get vaccinated under the government's COVID-19 vaccination programme to register quickly.

published on : 5th March 2021

You played 'Narad' to block Reliance-Future deal: FMCG distributors to Amazon CEO Jeff Bezos

In a letter, the association said hundreds of their members and families are suffering on account of Amazon's unwarranted adventurism.

published on : 4th March 2021

India adds 40 billionaires in pandemic year; Gautam Adani, Mukesh Ambani see rise in wealth: Report

IT company HCL's Shiv Nadar was the third wealthiest Indian with a fortune of USD 27 billion while some peers in the tech industry dominated the list of fastest growing wealth.

published on : 2nd March 2021

Reliance Strategic Business Ventures subsidiary raises stake in skyTran Inc to 54.46 per cent

Reliance Industries MD Mukesh Ambani said that acquiring majority equity stake in skyTran reflects the company's commitment to invest in building futuristic technologies.

published on : 1st March 2021

Reliance Industries' proposed business reorganisation credit neutral: Fitch Ratings

It said that the proposed reorganisation eases the formation of strategic partnerships and stake sales to potential investors focussed on investments in oil-to-chemicals businesses.

published on : 23rd February 2021
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