Reliance Industries Ltd
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All Stories for Reliance Industries Ltd
World is moving towards green energy and Reliance will lead India into this new world, writes Mohandas Pai
Mohandas Pai •For a while now, Mukesh Ambani has been speaking about creating a green Reliance. With global leaders and big countries actively supporting action on climate change, Reliance’s timing could not have been better
RIL AGM 2021: Mukesh Ambani unveils Rs 75,000-cr mega plan to put India on global solar, hydrogen energy map
Fp Staff •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
Silver Lake invests an additional Rs 4,546-cr in Jio Platforms, raises stake in Reliance Industries' digital arm to 2.08 percent
Fp Staff •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
Fp Staff •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
•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
Narayanan Madhavan •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
•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
•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
•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
Fp Staff •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.