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RBML is a Reliance industries and BP joint venture that will offer lubricants, fuels and EV charging
Overdrive •RBML aims to expand from its current fuel retailing network of over 1,400 retail sites to up to 5,500 over the next five years.
Reliance Industries' Rs 53,125-cr rights issue to open for subscription on 20 May, close 3 June
•Reliance had earlier fixed 14 May as the record date for determining shareholders' eligible to apply for the issue.
Google, Uber, IBM among several US firms willing to share resources to help India fight coronavirus outbreak
•Resources to fight COVID-19 range from providing free digital education platform, donating face masks, boosting up ventilator production to converting shipping containers into ICU.
India's oil demand growth set to overtake China by mid-2020, says International Energy Agency
•India’s oil demand growth is set to overtake China by mid-2020s, priming the country for more refinery investment but making it more vulnerable to supply disruption in the Middle East, the International Energy Agency (IEA) said on Friday
Moody's says Reliance Industries stake sale to Aramco credit positive, will reduce company's net leverage
•Reliance Industries expects that the transaction will close before March 2020.
RIL AGM 2019: BP to pay Rs 7,000 cr for 49% stake in Reliance Industries' fuel retail network
•British energy giant BP will pay about Rs 7,000 crore for acquiring a 49 percent stake in Reliance Industries' fuel retailing network, billionaire Mukesh Ambani said on Monday
Reliance Industries, BP form joint venture to set up 5,500 petrol pumps; retail aviation turbine fuel for airlines in India
•Reliance Industries and UK's BP plc have agreed to form a new joint venture to set up 5,500 petrol pumps and retail aviation turbine fuel to airlines in India, the two firms said on Tuesday
Narendra Modi's outreach to Opposition in victory speech shows he is interested in crafting legislative history
Karthiksubbaraman •It was Narendra Modi looking to write his way into the history books as a leader with significant legislative accomplishments.
How Narendra Modi won West Bengal: Collapse of Left Front vote, Mamata's tactical errors, PM's brand delivered victory
Sreemoy Talukdar •The BJP has organisational deficiencies in the state, lacks a local leader who may take on Mamata in mass appeal and still remains alien to the urban Bengali middle-class
Narendra Modi set to breach Mamata Banerjee's fortress in Lok Sabha polls; West Bengal politics may undergo tectonic shift
Sreemoy Talukdar •What we are seeing, therefore, is the logical conclusion of that swing that may now forever change the political map of Bengal.