Reliance Industries-ltd

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Reliance Industries-ltd - Total results - 37
Silver Lake invests an additional Rs 4,546-cr in Jio Platforms, raises stake in Reliance Industries' digital arm to 2.08 percent
Business

Silver Lake invests an additional Rs 4,546-cr in Jio Platforms, raises stake in Reliance Industries' digital arm to 2.08 percent

The deal adds to a pile of funds raised by Jio in recent months and comes close on the heels of Abu Dhabi sovereign fund Mubadala Investment Company injecting Rs 9,093.6 crore on 4 June.

Reliance Industries rights issue opens today; here's all you need to know about biggest-ever fundraiser
Business

Reliance Industries rights issue opens today; here's all you need to know about biggest-ever fundraiser

Reliance Industries has already garnered Rs 67,195 crore through stake sale in Jio Platforms in four weeks ahead of its rights issue.

Reliance Industries to use three-fourth of Rs 53,125-cr rights issue proceeds to repay debt
Business

Reliance Industries to use three-fourth of Rs 53,125-cr rights issue proceeds to repay debt

Reliance Industries will use three-fourth of proceeds of its mega rights issue for repayment of some of its borrowings, according to offer document

Jio Platforms attracting funds from Facebook, Silver Lake, Vista Equity, highlight Mukesh Ambani's digital-era venture capitalist avatar
Business

Jio Platforms attracting funds from Facebook, Silver Lake, Vista Equity, highlight Mukesh Ambani's digital-era venture capitalist avatar

In the new normal for Reliance Industries Limited, investors in Jio Platforms like Silver Lake and Vista Equity are more like knowledge and network partners.

Rights issue credit positive for Reliance Industries; to result in debt reduction: Moody's
Business

Rights issue credit positive for Reliance Industries; to result in debt reduction: Moody's

Moody's Investors Service on Monday said Reliance Industries' Rs 53,100 crore rights issue is credit positive as earnings will decline because of economic shutdowns

Reliance Industries to raise Rs 53,125 cr via India's biggest rights issue, first-time after 30 years
Business

Reliance Industries to raise Rs 53,125 cr via India's biggest rights issue, first-time after 30 years

Billionaire Mukesh Ambani's Reliance Industries Ltd (RIL) on Thursday announced fund raising of Rs 53,125 crore by way of a 1:15 rights issue, the first such issue in nearly three decades, as it steps up efforts to pare debt

Reliance Industries to hive off $75 bn oil-to-chemical business into separate unit for sale to Aramco
Business

Reliance Industries to hive off $75 bn oil-to-chemical business into separate unit for sale to Aramco

Reliance Industries Ltd (RIL), India's largest company, on Thursday said its board has approved hiving off its $75 billion worth oil-to-chemicals business into a separate division to enable the sale of 20 percent stake in the unit to Saudi national oil company Aramco

Reliance Jio's Q4 net profit soars to whopping 177.5% at Rs 2,331 cr, revenue jumps 27% to Rs 14,835 cr
Business

Reliance Jio's Q4 net profit soars to whopping 177.5% at Rs 2,331 cr, revenue jumps 27% to Rs 14,835 cr

Reliance Jio's rise in net profit, up from Rs 840 crore reported during the corresponding period of FY 2018-19, was fuelled by rising subscriber base and recent tariff hike.

Reliance Industries Q4 results: Net profit at Rs 6,546 cr; announces India's biggest rights issue of Rs 53,125 cr
Business

Reliance Industries Q4 results: Net profit at Rs 6,546 cr; announces India's biggest rights issue of Rs 53,125 cr

Reliance Industries has declared a dividend of Rs 6.50 per equity share of Rs 10 each for the financial year ended 31 March, 2020.

Coronavirus Outbreak: Reliance Industries announces Rs 500 crore contribution to PM-CARES fund
India

Coronavirus Outbreak: Reliance Industries announces Rs 500 crore contribution to PM-CARES fund

Reliance Industries Ltd. on Monday Monday pledged Rs 500 crore to the PM-CARES fund, in addition to of India's first exclusive coronavirus hospital, meals to the needy, and provision of protective gear to healthworkers and caregivers.

At Reliance Industries AGM, Mukesh Ambani says company to make several announcements for J&K, Ladakh in near future
Business

At Reliance Industries AGM, Mukesh Ambani says company to make several announcements for J&K, Ladakh in near future

Mukesh Ambani on Monday said that his company would make several announcements for Jammu & Kashmir and Ladakh region in the near future.

RIL AGM today: All eyes on Mukesh Ambani’s speech; FTTH service, Jio Phone 3 model announcements expected
Business

RIL AGM today: All eyes on Mukesh Ambani’s speech; FTTH service, Jio Phone 3 model announcements expected

RIL AGMs have been the venue to announce big launches including the Jio rollout that turned out to be one of the biggest disruptors in the telecom sector

Eight of top-10 firms lose Rs 89,535 cr in market valuation; State Bank of India hit hard
Business

Eight of top-10 firms lose Rs 89,535 cr in market valuation; State Bank of India hit hard

The valuation of State Bank of India tumbled Rs 30,388.3 crore to Rs 2,75,279.64 crore

Mergers and acquisitions: Reliance Industries to buy 87.6% stake in software tech firm Fynd for Rs 295 cr
Business

Mergers and acquisitions: Reliance Industries to buy 87.6% stake in software tech firm Fynd for Rs 295 cr

Reliance Industries already runs retail stores and has announced plans to diversify into e-commerce

What political leaders invest in: Mutual funds, Reliance shares and even Kingfisher Airlines
Business

What political leaders invest in: Mutual funds, Reliance shares and even Kingfisher Airlines

Fixed deposits and tax-free bonds seem to be among the most favoured financial investments for the political leaders fighting the 2019 Lok Sabha polls

By bailing out Anil Ambani, Mukesh and Nita did what Dhirubhai would've done: Stand by family
Business

By bailing out Anil Ambani, Mukesh and Nita did what Dhirubhai would've done: Stand by family

Dhirubhai Ambani was a hardened business magnate and a soft family man with a melting heart both ways. By supporting Anil, brother Mukesh has made a giant leap in his father’s cherished path

Nita Ambani inaugurates Dhirubhai Ambani Square in Mumbai, begins week-long 'Anna Seva' food service
Entertainment

Nita Ambani inaugurates Dhirubhai Ambani Square in Mumbai, begins week-long 'Anna Seva' food service

Nita Ambani also invited nearly 2,000 underprivileged children from various NGOs supported by Reliance Foundation to make them experience a Musical Fountain Show at the square.

Naresh Goyal likely to relinquish Jet Airways' controlling stake to Etihad; layoff continues as crisis deepens
Business

Naresh Goyal likely to relinquish Jet Airways' controlling stake to Etihad; layoff continues as crisis deepens

If the deal takes place, Etihad's holding in Jet Airways will increase up to 49 percent, the maximum permissible limit for a foreign company in the country.

Cash-strapped Jet Airways' founder Naresh Goyal approaches Mukesh Ambani, Ratan Tata for fund infusion
Business

Cash-strapped Jet Airways' founder Naresh Goyal approaches Mukesh Ambani, Ratan Tata for fund infusion

Jet Airways has defaulted on payments to aircraft lessors and Airports Authority of India (AAI) has served show cause notice to the airline for payment delays

Indian bourses rally lacks depth; only five blue-chip companies drive 97% of stock market’s rise to record highs
Business

Indian bourses rally lacks depth; only five blue-chip companies drive 97% of stock market’s rise to record highs

NSE index has been hitting successive record highs during the past couple months even as worries over the Sino-US trade war dragged other major stock markets down