Reliance Industries Limited
Reliance Industries Limited News

Isha Ambani, Anand Piramal blessed with twins
Isha and Anand got engaged in September 2018 at Lake Como in Italy after which their lavish pre-wedding festivities began with pomp and show in Udaipur, attracting the creme de la creme of Bollywood and several bigwigs from the world of politics, business and sports

Here are biggest announcements in Reliance’s AGM on RIL’s new energy business
From acquisitions to improving PV cell manufacturing, to bio-energy and succession plans, here are the biggest announcements for the company’s new energy business.

No logic or basis: SC dismisses PIL against Reliance-backed GZRRC zoo in Gujarat's Jamnagar
The top court also noted that the GZRRC is a nonprofit organisation with the main objective of the welfare of animals and revenue if any generated would be used by GZRRC only for carrying out rescue work

Reliance Industries partners with Athletics Federation of India to support Athletes' holistic development
The RIL and AFI partnership aims to discover, nurture and develop Indian athletes from across the country and provide them with world-class facilities, coaching and sports science and medicine support by leveraging the Reliance Foundation ecosystem

Reliance Industries Q4 profit rises 22.5% to Rs 16,203 crore; first Indian company to cross $100 billion annual revenue
Reliance operates four business verticals -- O2C business includes its oil refineries, petrochemical plants, and fuel retailing business; a retail business that houses brick-and-mortar stores and e-commerce; digital services that cover telecom arm Jio; and new energy business

Reliance Industries to own new cricket team in Emirates Cricket Board's new UAE T20 league
"The move is the first major overseas expansion of Reliance Industries' cricket operations in the global franchise-based leagues," according to a release.

Reliance's Rs 75,000 cr plan can truly democratise access to energy in India, unlock potential of solar power
This 25-year plan combines new technologies, with economies of scale and industrial heft and the ability to deliver in bulk and on time

RIL AGM 2021: Mukesh Ambani unveils Rs 75,000-cr mega plan to put India on global solar, hydrogen energy map
RIL AGM 2021: Reliance Industries chairman Mukesh Ambani said that the company will build solar manufacturing units, a battery factory to store energy, a fuel cell-making factory and an electrolyser unit to produce green hydrogen as a part of the business

Reliance consolidated profit doubles to Rs 13,227 crore in Q4; petrochem revenue rises 4.4%
Revenues from digital services surged to Rs 22,628 crore in Q4FY21, compared to Rs 19,153 crore in the same quarter last year

Reliance Retail picks up 96% stake in online furniture retailer Urban Ladder for Rs 182 crore
RRVL proposes to make a further investment of up to Rs 75 crore. Further investment is expected to be completed by December 2023

Abu Dhabi Investment Authority to invest Rs 5,512.5 crore in RIL retail arm; joins Silver Lake, KKR among others
The investment by ADIA in Reliance Retail Ventures Limited in exchange for a 1.2 percent stake values the company, India’s largest retailer, at a pre-money equity value of Rs 4.285 lakh crore.

Reliance Industries' retail arm RRVL to acquire Future Group businesses for Rs 24,713 cr
The Reliance Retail Ventures Ltd (RRVL), a subsidiary of Reliance Industries Ltd will acquire the retail, wholesale, logistics and warehousing businesses of the Future Group on a slump sale basis

Reliance Industries Ltd reports 31% year-on-year rise in net profit during Q1
The company had posted a net profit of Rs 10,104 crore in the corresponding quarter last year

Will induct global partners in Reliance Retail in upcoming quarters, says Mukesh Ambani
According to Ambani, Reliance Retail has already started to pilot a grocery model for its e-commerce venture, JioMart, with kirana partners.

RIL AGM 2020: Mukesh Ambani announces new entertainment platform JioTV+, mixed reality headset Jio Glass
Jio TV+ will curate OTT platforms such as Netflix, Amazon Prime Video and Hotstar, among others, into one app.

Abu Dhabi Investment Authority to invest Rs 5,683.5 crore into Jio Platforms; RIL unit has raised nearly Rs 1 lakh crore in past 7 weeks
The series of investments in Jio, which runs movie, news and music apps as well as the telecom company Jio Infocomm, was led by a 9.99 percent stake sale to Facebook Inc for Rs 43,574 crore on 22 April.

Reliance Jio reports 73% growth, reveals more details about Facebook-Jio partnership and potential benefits to SMBs
As part of the Facebook partnership, JioMart, a service that connects local stores to consumers, will be integrated into WhatsApp.

Industry leaders applaud Facebook-Jio deal; say India to be growth epicentre post-COVID crisis
Facebook's Rs 43,574 crore-investment in Jio Platforms earned accolades from industry leaders on Wednesday, even as some internet activists raised privacy concerns

Reliance Jio-Facebook $5.7 bn partnership: Mark Zuckerberg-led social media firm to get deeper access to India; deal to help reduce RIL debt burden
Facebook has bought a 9.9 percent stake in Reliance Jio in a multinational-dollar deal.