Page 7 - Ril

RIL rights issue final call of Rs 628.5 per unit payable between Nov 15-29

The Mukesh Ambani-led promoter group will have to pay over Rs 13,000 crore as part of final call. RIL has already collected Rs 628.5 in two equal tranches of Rs 314.25 so far

RIL-bp launch their first co-branded petrol pump in Navi Mumbai

Will offer 'additivised fuel' at no extra cost; existing network of over 1,400 fuel pumps will be rebranded as Jio-bp

JioPhone Next smartphone will be powered by Pragati OS: Check details here

The smartphone, developed in partnership with Google, will be rolled out before Diwali after missing its September 10 launch due to global chip shortages

Valuation, Jio subscribers miss cap upsides for Reliance Industries

With low visibility in tariff hikes, strategic sale in oil-to-chemical biz a near-term trigger

RIL Q2 net profit jumps 43% to Rs 13,680 crore, beats estimates

The consolidated top line or net revenues from operations in the period under review stood at more than Rs 1.67 trillion

TMS, Ep 26: Vax milestone, Q&A with Meesho CEO, RIL results, & open source

What does the milestone of 1 billion Covid vaccine shots mean for the economy? How will Meesho disrupt the grocery market? Will RIL spring a surprise in Q2 earnings? Get all the answers here

Retail, digital growth may drive Reliance Industries' Q2 earnings

The company's retail business EBITDA is seen rising with fashion, jewellery and electronics sales recovering and margins inching towards pre-pandemic levels, said brokerages

Zee-Invesco battle puts spotlight back on corporate governance practices

The public battle between the broadcasting giant and a key institutional shareholder has precipitated a high-decibel debate on corporate governance practices

Reliance Industries looks at global tie-ups in renewables, says report

Ballard Power could be one of potential collaborators in fuels cells, Saudi Aramco for green ammonia and Siemens Green Energies for carbon capture and storage

Top headlines: RIL clarifies on ZEE merger deal; Infosys Q2 net rises 12%

Business Standard brings you the top headlines on Wednesday

Tata Power jumps 8.3%, extends one-month run to over 46%

Latest surge comes on the back of RIL's acquisition of Sterling & Wilson, which is in solar energy space; potential inclusion in MSCI supports rise

Future group firms convene shareholder meetings to seek nod for RIL deal

The scheme of arrangement between Future and Reliance Retail, announced in August last year entails consolidation of Future Group's 19 companies into one entity -- Future Enterprises Ltd.

Sensex slips 340 pts from new high, ends 77 pts up; TCS drops 6%, RIL 0.6%

The Nifty Bank index hit a new liftime high of 38,495 in the intra-day trade before closing 1.4 per cent higher at 38,294 levels

Reliance buys Norway's REC Solar Holdings from China's Bluestar for $771 mn

This is the first major renewable energy deal, where an equipment manufacturing facility has been acquired

RIL to buy 40% stake in Sterling & Wilson Solar for Rs 2,850 crore

The company will also acquire 25.9 per cent stake by way of an open offer at the same price

RIL picks up 40% in SP group's Sterling and Wilson Solar for Rs 1,100 cr

As part of deleveraging its stretched balance-sheet, the Shapoorji Pallonji Group is divesting its second key asset within a month by selling 40 per cent stake in Sterling & Wilson Solar, the solar EPC joint venture it runs with the Khurshed Yazdi Daruvala family, to Reliance Industries for Rs 1,100 crore through a multi-stage transaction. While for the SP Group led by Shapoorji Pallonji Mistry, this is the second asset sale within a month after the Rs 4,400-crore deal for Eureka Forbes it had inked with the American private equity Advent International, for Reliance this is the second solar acquisition in the very same day. Earlier in the day, RIL announced buying out the Norwegian solar panel maker REC Solar Holdings for USD 771-million from China National Bluestar Group Company. Reliance is carrying out the deal through its fully-owned subsidiary Reliance New Energy Solar, which "will acquire 40 per cent in Sterling & Wilson Solar through a combination of primary investment,

Stocks to watch: RIL, ZEEL, Sobha, Lupin, Nazar Tech, Titan, Inox Wind

Tata group firm Titan on Wednesday said it has witnessed a strong recovery in demand in the July-September quarter

SBI and other PSUs gain amid rejig of Nifty indices, HDFC Bank dips

RIL's weightage was reduced slightly, while HDFC Life's edged up in the benchmark Nifty index

RIL backs Saudi Aramco chairman appointment as independent director

Reiterates that his induction has no connection with Saudi Aramco's plans to buy a stake in RIL's oil-to-chemical business

Stocks to watch: HDFC Bank, RIL, RBL Bank, Adani Enterprises, Raymond

Realty firm Omaxe Ltd on Monday announced the appointment of Sunil Goel, brother of its chairman and MD Rohtas Goel, as additional director (executive), signalling a truce between the warring brothers