Page 17 - Ril

RIL AGM: Jio GigaFiber services from Sept 5; Aramco to invest $15 billion

Mukesh Ambani, the chairman of the group announced that Saudi Aramco will invest to take a 20% stake in the group's oil to chemicals (O2C) business at a $75 billion enterprise value.

Saudi Aramco remains world's most profitable company even as oil falls

Aramco plans to buy a stake in the refining and chemicals business of Reliance Industries Ltd as it seeks buyers for its crude and diversification downstream

Top 10 business headlines: Aramco's RIL stake buy, angel tax relief & more

From Anil Agarwal pulling out of race for acquiring grounded Jet Airways to poorer states scoring big in GST mop-up, here are the top business headlines on Tuesday

RIL's JioFiber home broadband services to hurt cable and DTH operators

Perhaps the most eyeball grabbing offering announced on Monday was Jio First-Day-First-Show - JioFiber customers will be able to watch movies the same day as their theatrical release

Saudi Aramco interest in Reliance Industries upstages PSU mega refinery

The oil-to-chemicals division of RIL comprises refining, petrochemicals, and fuel marketing businesses

Reliance Industries to earn $990 mn in fuel retail deal with UK's BP Plc

Aramco agreed to buy a 20% stake in Reliance's oil refining and petrochemicals division

Delhi HC quashes trial court order against RIL under Official Secrets Act

HC says trial court erred in ignoring newspaper reports, which had already published content of said documents

Reliance Industries looks to turn around domestic upstream business

In June, RIL, along with its partner BP Plc, announced the sanction of the MJ project in Block KG-D6 on the eastern coast of India

RIL likely to report slowest profit growth in 15 quarters, say analysts

The company is also expected to see its slowest profit growth in the last 15 quarters. RIL will report its June 2019 ended quarter results on Friday

Reliance Industries races past TCS to become most valued firm by m-cap

Shares of RIL settled at Rs 1,279.45, up 2.20 per cent on the BSE. Intra-day, it rose 2.55 per cent to Rs 1,283.85

Reliance Jio Infratel plans to raise Rs 25,000 cr for capex, retiring debt

Fund raising is separate from Reliance Jio Infocomm plans, will be completed by end of September quarter.

MJ project gets approval; RIL, BP to invest Rs 35,000 cr in KG basin

Gas production from KG D6 integrated development is expected to help reduce India's import dependence

Brokerage firms divided on impact of RIL's liability transfer to InvIT

The Street is also divided on how one has accounted for the new InvIT structure in RIL's consolidated numbers

RIL to start gas production in KG-D6 block from 2nd half of FY21

Reliance has so far made 19 gas discoveries in the KG-D6 block

RIL Q4 profit up 9.8% y-o-y at Rs 10,362 cr, Jio FY19 net at Rs 2,964 cr

The Mukesh Ambani-promoted Reliance Jio recorded net profits of Rs 2,964 in FY19, compared with Rs 723 crore in FY18

Reliance Industries stands to gain from Saudi Aramco deal: Experts

For Saudi Aramco, experts see this move as part of the country's effort to de-risk its economy from oil's uncertainties

RIL's asset monetisation likely to pare Rs 1 trillion of total debt

The oil-to-telecom conglomerate, as of December 2018, had an outstanding debt of Rs 2.74 trillion, higher from the Rs 2.18 trillion as on March 2018

Jio sales points, petrol pump outlets spur Reliance Retail's revenues

Connectivity and petro retail's contribution in the June, September and December quarters of FY19 to the revenue of Reliance Retail was 43-45%

RIL's e-commerce business may turn out to be more than an online play

RIL's e-commerce platform was announced by chairman Mukesh Ambani at the Vibrant Gujarat summit on Friday

RIL Q3 net profit up 8.8% to Rs 10,251 cr on petrochem, retail, telecom

RIL becomes first private sector Indian company to cross Rs 10,000-cr profit mark