Page 19 - Ril

RIL to push polyester biz with RElan

Global per capita consumption of polyester is 6 kg per person, compared to 3 kg per person in India and 11 kg in China

RIL to acquire Kemrock Industries' assets in e-bidding

Mukesh Ambani led Reliance Industries on Wednesday announced it has won the bid to acquire Gujarat based Kemrock Industries's assets in an on-line-e-bidding process for an undisclosed amount."Reliance Industries Ltd. participated in an on-line e-bidding process held recently by Allahabad Bank being leader of the consortium of 11 Banks to sell / dispose off assets of "Kemrock Industries & Exports Limited" of Vadodara (Gujarat) and has been declared as the winner in the said bid," the company said in its statement.Elaborating on its rationale to bid for this company, RIL said, it helps foray into new materials like composites and fibre. "This participation is a part of Reliance's efforts to enter the Composites business and establish a leadership position in this large and growing market in India. Composites are used in a variety of applications and industries such as renewable energy, mass transportation, infrastructure and a host of other industrial products," RIL said in its ...

RIL to raise Rs 2,500 cr through debentures

The net proceeds of the issue will be utilised inter-alia for refinancing of existing borrowings

Seven of top-10 cos add Rs 40,799 cr in m-cap; RIL highest gainer

The m-cap of RIL surged Rs 9,186.15 crore to Rs 5,27,594.19 crore

For RIL, Jio may be focus, but core business will run the show

The company announced plans to invest Rs 40,000 crore in its upstream business

Betting on AI, IoT: RIL to invest $25 mn in Israel's innovation incubator

JII, to be incorporated as a Limited Liability Partnership, will have RIL holding 20 per cent interest.

RIL m-cap slips below Rs 5 lakh crore mark

Shares of RIL have surged over 43 per cent so far this year

RIL at nine-year high

The company's market capitalisation grew Rs 36,000 crore during the week

SAT grants interim relief to RIL in 'illegal gains' case

Allows the company to take exposure to derivatives via MFs

RIL regains top spot from TCS after 4 years

Mukesh Ambani-led Reliance Industries (RIL) on Monday reclaimed the tag most-valued Indian company from Tata Consultancy Services (TCS) after more than four years. The oil-to-telecoms conglomerate is now valued Rs 4.60 lakh crore, only slightly ahead of the Tata group flagship which ended with a market capitalisation of Rs 4.59 lakh crore. Shares of RIL ended 1.2 per cent higher to Rs 1,416.4 ahead of its March quarter announcements. Meanwhile, TCS added 0.8 per cent to close at Rs 2,329.1. Shares of RIL are expected to rise further as the company posted better-than-expected fourth-quarter net profit after market hours. RIL posted 12.8 per cent year-on-year increase in standalone profit at Rs 8,151 crore for the three months ended March 2017, topping analysts' estimates of Rs 8,000 crore. Higher gross refining margins boosted profitability.TCS had surpassed RIL as the country's most-valued company in February 2013. The technology major had cemented the numero uno in the past four ...

6 highlights of RIL's March quarter numbers

This is the ninth straight quarter when the company has reported growth in net profit

RIL commissions final phase of Jamnagar paraxylene project

Project is part of the $16 billion investment it is making in expanding petrochemical production

RIL briefly overtakes TCS as most-valued firm

RIL's market capitalisation stood at Rs 4.58 lakh cr, while that of TCS dropped to Rs 4.54 lakh cr

RIL, other coal bed methane producers get pricing, marketing freedom

They have also been given permission to sell fuel to affiliates after the formal policy notification

RIL shares worth Rs 50,000 cr change hands in block deals

Inter-se transfers of shares haven't resulted in any change in overall promoter group shareholding

RIL shares worth Rs 50,000-cr change hands on BSE

Nearly 40 crore shares were traded as against the 2-week average quantity of less than 11 lakh

RIL stock up 2%; mcap surges by Rs 8,223 cr

Stock gained 2.04% on BSE to end at Rs 1,258.45

RIL promoter entities propose re-structuring of 1.2 billion shares

Proposed transfers won't result in any change in promoter group shareholding of 45.24% in RIL

Stock analysis: RIL hopes to tether back telco clients, Jio break-even seen

Analysts believe it may not be difficult to retain 50% of subscribers under Prime membership plan

RIL to halt heavy naphtha exports after start of its paraxylene plant

Paraxylene plant would require 2.7 million tpy of heavy naphtha - reducing its ability to export the product