Reliance Industries

Eight of top-10 most valued companies add Rs 52,194 crore in market capitalisation

The m-cap of SBI jumped Rs 11,334.26 crore to Rs 3,05,087.85 crore, becoming the top gainer among the ten most valuable companies.

published on : 1st December 2019

Forbes names Mukesh Ambani as 9th richest person in the world

According to the Forbes 'The Real-Time Billionaires List', RIL Chairman's 'Real Time Net Worth' stood at USD 60.8 billion on Thursday.

published on : 29th November 2019

Reliance Industries denies reports of selling news media business to Times Group

Earlier, reports had stated that Bennett Coleman & Co, the publisher of the Times of India, is looking to hire advisers for due diligence on the news properties of Ambani's Network18 Media.

published on : 28th November 2019

Reliance Industries becomes first Indian firm to hit Rs 10 lakh crore market cap

The oil-to-telecom conglomerate's market capitalisation (m-cap) zoomed to Rs 10.02 lakh crore during morning trade on the BSE.

published on : 28th November 2019

Reliance Communications shares rally 6 per cent to hit upper circuit on asset sale buzz

Bharti Airtel, Reliance Industries and three others are likely to bid for the assets of debt-ridden Reliance Communications on Monday.

published on : 25th November 2019

Airtel, Reliance Industries, three others may submit bids for Reliance Communications assets on Monday

'All the bidders will be submitting separate bids for RCom, RTL, and RTIL. There will be a minimum nine bids from four bidders,' another source said.

published on : 24th November 2019

RIL market-cap inches closer to Rs 10 lakh crore mark

In August 2018, RIL became the first domestic firm to cross the Rs 8 lakh crore mark in terms of market valuation.

published on : 20th November 2019

Sensex rallies over 300 points to hit record high; RIL jumps 4 per cent on tariff hike announcement

the broader Nifty reclaimed the 12,000 mark. It was quoting at 87.25 points, or 0.73 per cent, up at 12,027.35.

published on : 20th November 2019

Reliance Industries achieves another feat, first firm to hit Rs 9.5 lakh crore market-cap mark

Following this, the company's market valuation rose by Rs 32,525.22 crore to Rs 9,57,086.22 crore on the BSE.

published on : 19th November 2019

Chinese banks drag Anil Ambani to London court over unpaid loan of  USD 680 million

'This is a straightforward debt claim to recover outstanding loans made to RCOM in good faith, and secured by a personal guarantee given by Anil Ambani,' the banks said in a statement.

published on : 9th November 2019

India probes into increase in imports of Korean synthetic rubber after Reliance files complaint

The probe is being carried out under the India-Korea Comprehensive Economic Partnership Agreement, which is kind of a free trade pact.

published on : 8th November 2019

Reliance again puts off gas bid to November 15 on bidders request

Reliance and its partner BP plc of UK are in the market to sell the gas they plan to produce from three set of newer discoveries in the KG-D6 block.

published on : 6th November 2019

India starts probe into alleged exports subsidisation of rubber by South Korea

They have requested for initiation of an anti-subsidy investigation for levy of countervailing duties on the imports, originating in or exported from South Korea.

published on : 30th October 2019

Reliance Industries may be aiming listing of Jio post debt free status: Sources

Reliance Industries MD Mukesh Ambani has said that consolidation of liabilities in the company creates an efficient structure to manage debt and cash.

published on : 27th October 2019

Reliance to invest Rs 1.08 lakh crore in new digital services subsidiary

The unit will also acquire RIL's equity investment of Rs 65,000 crore in Jio so far, making it virtually net debt-free by March 31, 2020, with the exception of spectrum-related liabilities.

published on : 26th October 2019
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