Reliance Industries

Reliance Industries News

Forbes India Rich list: Rupee struggles under peer pressure, but country's wealthy are getting wealthier
India

Forbes India Rich list: Rupee struggles under peer pressure, but country's wealthy are getting wealthier

A weaker rupee impacted the majority of the richest but that was offset by Gautam Adani's record gain, which made him the new No 1

CNN-News18 Indian of the Year 2022 to recognise climate warriors from India determined to save our planet
India

CNN-News18 Indian of the Year 2022 to recognise climate warriors from India determined to save our planet

The winner will be revealed at the grand finale recognising the changemakers determined to save our planet, at the Indian of the Year 2022 award ceremony on Wednesday, 12 October 2022, 6 pm onwards, exclusively on CNN-News18

Mukesh Ambani offers prayers at Guruvayur Shri Krishna Temple in Kerala
India

Mukesh Ambani offers prayers at Guruvayur Shri Krishna Temple in Kerala

The Reliance Industries chairman presented a cheque — as a kanikka (offering) — of 1 crore 51 lakh rupees and expressed his desire that it be used for annadanam (food for devotees) at the temple

Reliance Industries to acquire over 79 per cent stake in US-based SenseHawk
Business

Reliance Industries to acquire over 79 per cent stake in US-based SenseHawk

Founded in 2018, SenseHawk is an early-stage California-based developer of software-based management tools for the solar energy generation industry. SenseHawk helps accelerate solar projects from planning to production by helping companies streamline processes and use automation

Reliance’s Jio Cloud PC: Unpacking the virtual ‘game-changer’ that could reduce digital divide
Explainers

Reliance’s Jio Cloud PC: Unpacking the virtual ‘game-changer’ that could reduce digital divide

Jio Cloud PC is a service that will let users pay to bring the power of a personal computer or even multiple PCs to Indian homes and businesses. Reliance says it does not require any upfront investment and does away with the need for any upgrading

Reliance AGM Update: Reliance aspires to make India a credible alternative to China in new energy manufacturing
India

Reliance AGM Update: Reliance aspires to make India a credible alternative to China in new energy manufacturing

Our New Energy business will help India become a net exporter of green energy

Jio to launch 5G by Diwali, aims to cover entire country by 2023, Mukesh Ambani tells shareholders
Business

Jio to launch 5G by Diwali, aims to cover entire country by 2023, Mukesh Ambani tells shareholders

Reliance Industries Chairman and Managing Director, Mukesh Ambani, virtually addressed the shareholders at the 45th annual general meeting on Monday afternoon in the immersive and interactive 3D world of metaverse

Man who threatened Mukesh Ambani and family identified as jeweller from Dahisar
India

Man who threatened Mukesh Ambani and family identified as jeweller from Dahisar

On Monday morning, a jeweller from south Mumbai made nine calls on the landline number of Reliance Foundation Hospital in Girgaon and threatened to kill Mukesh Ambani and his family

Explained: The history of the Fortune Global 500 list and the significance of LIC making the ranks
Business

Explained: The history of the Fortune Global 500 list and the significance of LIC making the ranks

The Fortune Global 500 is an annual ranking of the 500 largest corporations across the world as measured by total revenue. This year, Life Insurance Corporation (LIC) broke into the list at the 98th position, making it the highest-ranked Indian company

Reliance Industries reports 46.3% year-on-year rise in consolidated net profit for quarter ended June
Business

Reliance Industries reports 46.3% year-on-year rise in consolidated net profit for quarter ended June

The strength in the company's June quarter performance came from the refining and petrochemical division which posted its highest ever quarterly revenue aided by a tight global energy market

Reliance Industries grows cricket footprint with franchise in South Africa's new T20 League
First Cricket News

Reliance Industries grows cricket footprint with franchise in South Africa's new T20 League

Reliance Industries expanded its growing international footprint in cricket on Wednesday by acquiring a franchise in Cricket South Africa’s upcoming T20 league which is scheduled to start in January 2023.

Centre slashes windfall tax on fuel: Reliance Industries shares climb over 4%, ONGC jumps 7%
Business

Centre slashes windfall tax on fuel: Reliance Industries shares climb over 4%, ONGC jumps 7%

The government on Wednesday slashed the windfall tax on petrol, diesel, jet fuel and crude oil following a decline in international rates. It scrapped Rs 6 a litre tax on export of petrol and reduced the same on ATF from Rs 6 a litre to Rs 4

Reliance becomes top-ranked Indian firm on Forbes Global 2000 list
Business

Reliance becomes top-ranked Indian firm on Forbes Global 2000 list

Forbes Global 2000 ranks the largest companies in the world using four metrics: sales, profits, assets and market value

Reliance crosses $250 billion m-cap for first time, widens gap with TCS
Business

Reliance crosses $250 billion m-cap for first time, widens gap with TCS

The current gulf between India's most valued firm and TCS has stretched more than Rs 6 lakh crore, a gap of such width was last seen on 11 September, 2020

Tata group launches all-in-one super app Tata Neu, set to compete with Amazon, Flipkart
Business

Tata group launches all-in-one super app Tata Neu, set to compete with Amazon, Flipkart

The group has been testing the app since last year as it seeks to play a big role in the fast growing e-commerce space

Transition from old to green and clean energy is urgent, our survival depends on it, says Mukesh Ambani
Business

Transition from old to green and clean energy is urgent, our survival depends on it, says Mukesh Ambani

The Reliance Industries chairman and managing director said that the country would make the transition from fossil fuels to green and clean energy and become a major resource of solar and hydrogen energy in the coming decades

Market update: As Sensex, Nifty begin volatile trading session, here are some stocks to watch for
Business

Market update: As Sensex, Nifty begin volatile trading session, here are some stocks to watch for

Sensex and Nifty incurred losses of 0.72 per cent and 0.79 per cent respectively to settle the day at 17,617.15 and 59,037.18 on Friday

Jio Platforms net profit rises 8.8% to Rs 3,795 crore in December quarter
Business

Jio Platforms net profit rises 8.8% to Rs 3,795 crore in December quarter

Gross revenue from operations increased by 5.76 per to Rs 24,176 crore from Rs 22,858 crore in the October-December 2020 period

Reliance Industries to buy New York's luxury hotel Mandarin Oriental for $98.15 million
Business

Reliance Industries to buy New York's luxury hotel Mandarin Oriental for $98.15 million

This is the second acquisition of an iconic hotel by Reliance in less than a year. In April last year, Reliance acquired Stoke Park Ltd in the UK

Reliance Industries raises $4 billion in India's biggest forex bond deal
Business

Reliance Industries raises $4 billion in India's biggest forex bond deal

The conglomerate’s jumbo note issuance of US dollar bonds was done in three tranches – $1.5 billion for 10 years at 2.875%, $1.75 billion for 30 years at 3.625% and $750 million for 40-year term and 3.75% coupon rate