Page 6 - Reliance Group
Top headlines: Jio to invest Rs 2 trn in 5G; Reliance to launch FMCG biz
The objective of this business will be to develop and deliver products and solve every Indian's daily needs, with high quality products at affordable pricing
 "Top headlines: Jio to invest Rs 2 trn in 5G; Reliance to launch FMCG biz")
Top headlines: RIL investor meet, surplus parked with RBI falls, and more
Business Standard brings you the top headlines at this hour
 "Top headlines: RIL investor meet, surplus parked with RBI falls, and more")
Reliance's investor meet to focus on Mukesh Ambani's succession, spinoffs
Anticipation is high as the 65-year-old billionaire, who built Reliance into India's largest company by market value and a powerhouse conglomerate, has used the speech for series of big announcements
Share acquisition case: Let RIL access documents, Supreme Court tells Sebi
'Regulator has a duty to act fairly', says apex court in order that gives relief to the company
 "Share acquisition case: Let RIL access documents, Supreme Court tells Sebi")
Lenders extend deadline for resolution plan on Reliance Cap for 5th time
Lenders to Reliance Capital Ltd on Wednesday granted the fifth extension of deadline for submission of resolution plans as bidders sought more time to complete the due diligence process, sources said.
 "Lenders extend deadline for resolution plan on Reliance Cap for 5th time")
Adani Group, RIL to set up biogas plants at Rs 500-600 cr investment each
Adani and Reliance Group are planning to set up 40-million tonne per annum (mtpa) plants in Uttar Pradesh and Gujarat, while Reliance Industries is still formalising the two locations
 "Adani Group, RIL to set up biogas plants at Rs 500-600 cr investment each")
Reliance joins Indian Olympic Association as its principal partner
India's most valuable company, Reliance, said it would support the country's athletes in major multi-sport events as part of a long-term partnership with the Indian Olympic Association (IOA)
 "Reliance joins Indian Olympic Association as its principal partner")
Brokerages lower Reliance's FY23 earnings estimates after Q1 miss
While Street is bullish on retail, Jio prospects, near-term O2C outlook led to cuts
 "Brokerages lower Reliance's FY23 earnings estimates after Q1 miss")
Reliance expects gas price to rise in Oct, wants removal of ceiling prices
Reliance Industries Lenergy td expects prices of natural gas in India to rise again in October but wants government-dictated caps to go, in a bid to align domestic rates with global energy prices
 "Reliance expects gas price to rise in Oct, wants removal of ceiling prices")
RIL Q1FY23 results: A look at the company's performance in last 4 quarters
For Q4FY22, the consolidated gross revenue of Reliance Industries (RIL) stood at Rs 2.32 trillion, 35.1 per cent higher than the same quarter in the previous year
 "RIL Q1FY23 results: A look at the company's performance in last 4 quarters")
Jio Institute welcomes first batch of PGP AI & Data Science, Digital Media
Students in the batch come from 19 Indian states and four countries, and from diverse fields like engineering, science, arts, commerce, mass media, and management studies or business administration
 "Jio Institute welcomes first batch of PGP AI & Data Science, Digital Media")
RCap lenders hive off home finance, NBFC into separate trust for resolution
The proceeds of the sale of these two companies in future will flow directly to the lenders of the Reliance Capital which is currently undergoing a bankruptcy process
Adani, Ambani are driving force of India's M&A activity, says Barclays
However, deal activity in India is going to slow down as investors have turned more cautious with rising interest rates and a falling rupee, says head of investment banking for India at Barclays
 "Adani, Ambani are driving force of India's M&A activity, says Barclays")
CoC members, bidders must be barred from buying RCap bonds held by LIC: NGO
They are "insiders" and have access to crucial information, says Infrastructure Watchdog; meanwhile, last date if bond sale to be extended to July 22 as LIC finds no takers
 "CoC members, bidders must be barred from buying RCap bonds held by LIC: NGO")
US Fashion brand Gap returns to India, signs deal with Reliance Retail
Reliance Retail will be the official retailer for Gap in India, mixing exclusive stores and digital commerce platforms.
 "US Fashion brand Gap returns to India, signs deal with Reliance Retail")
Reliance Retail partners with Gap Inc. to bring Gap to India
Reliance Retail will introduce Gap's latest fashion offerings to Indian consumers through a mix of exclusive brand stores, multi-brand store expressions and digital commerce platforms
Windfall tax: RIL's refining margins to be hit by upto $8/bbl, say analysts
The government has imposed a sharp windfall tax of Rs 13 per litre on diesel exports and Rs 6 per litre on gasoline exports
Markets end the day with tiny losses even as heavyweight RIL tanks 7%
If not for RIL's steep correction, the index could have closed nearly 500 points higher
 "Markets end the day with tiny losses even as heavyweight RIL tanks 7%")
Spectrum of challenges and opportunities for Jio chairman Akash Ambani
Reliance Jio, of which he took charge as chairman, is full of potential that is his to maximise
 "Spectrum of challenges and opportunities for Jio chairman Akash Ambani")
Bull run on Dalal Street continues for Reliance, Adani Group companies
The combined m-cap of the six Adani Group companies is up 39 per cent year-to-date to Rs 13.38 trillion on Thursday
 "Bull run on Dalal Street continues for Reliance, Adani Group companies")
