Jefferies values firm's green hydrogen business at $8 bn
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In the last 20 years, RIL's net profit has grown at a CAGR of 15.7 per cent
From inheriting legacy textile and oil businesses to stepping into retail, telecom and digital, RIL is a company for New India, say experts
Stocks to Watch: Balrampur Chini, Indiabulls Housing Finance and Punjab National Bank (PNB) were the three stocks in F&O ban period on Wednesday.
The biggest wealth creator in absolute terms is Mukesh Ambani-led Reliance Industries, with an increase in market capitalisation of Rs 13 trillion between 2017 and 2022
Another key reason for the recent stock surge, according to analysts at Jefferies, is the hope that the government may withdraw export duties on diesel and aviation fuel
The S&P BSE Oil & Gas index hit a 52-week high of 20,653.57 in intra-day trade on Wednesday
Move comes following approval by RIL board in October to restructure the business; company also seeking shareholder nod for appointment of KV Kamath as RIL independent director
RIL's rights issue in 2020 for Rs 53,124 cr remains the single-biggest equity issuance by an Indian firm
MMLP near Chennai to be key distribution hub for company in south; firm may bid for more MMLPs across country, say sources
RIL emerged as the winning bidder for the public-private-partnership (PPP) project, with its own investment pegged at Rs 783 crore
Reliance Industries Ltd (RIL) has been awarded the work to develop the first multi-modal logistics park (MMLP) at Mappedu in Thiruvallur district of Tamil Nadu, the government said on Friday. MMLP Chennai at Mappedu is being developed in an area of 184.27 acres. "MoRTH has made significant progress under this National Master Plan and embarking on the same, MMLP Chennai at Mappedu being developed in 184.27 acres is 1st MMLP awarded to Reliance Industries Ltd for which prime minister laid the foundation stone," the Ministry of Road Transport & Highways (MoRTH) said in a statement. Under the 'PM GatiShakti National Master Plan (NMP)', the road transport ministry is developing 35 multi-modal logistics parks, out of which 15 MMLPs are prioritised in the next three years. According to the statement, MMLPs by the road ministry also lay the groundwork for developing such large-scale infrastructure projects in public-private partnership mode, for which both the Centre and the state have ...
Next Orbit director refuses to divulge names though talks were reportedly on with HCL, Reliance Industries
By separating financial services from its core business through the listing, RIL wants to keep it at arm's length, which would be a necessary regulatory requirement for the financial services business
Reliance Strategic Investments, of which he is the non-executive chairman, will be renamed Jio Financial Services Ltd, and will be listed on the bourses pursuant to a demerger scheme
Stocks to Watch today: Reliance Strategic Business Ventures Ltd (RSBVL), a wholly owned subsidiary of Reliance Industries Ltd (RIL), has acquired an additional stake in skyTran Inc for Rs 123.4 crore
The windfall taxes were imposed in July and will only be removed if the price of oil falls below $70-75 per barrel
Rishi Sunak is set to become Britain's next prime minister as his rivals quit the race, which analysts said, relieved some of the nervousness around the outlook for the UK economy
Shareholders of RIL will receive one equity share of JFS of face value Rs 10 for one fully paid-up equity share of Rs 10 held in RIL.