reliance industries - Latest News, Analysis, Opinion

Companies & Markets Co Report

"There is increased evidence of these factors playing out, which should raise investor confidence on the 17 per cent EPS growth we expect over F2019-21," Morgan Stanley said.

Reliance Says Mukesh Ambani's Shareholding Has Not Increased In Company

This statement comes after the company had on September 17, said that Reliance Services and Holdings has acquired 17.18 crore or 2.71 per cent stake in the company.

Mukesh Ambani Raises Stake In Reliance Industries To 48.87 Per Cent

The acquisition was pursuant to a scheme of arrangement not directly involving Reliance, the filing said without giving details.

Moody's Says Reliance Stake Sale To Aramco Credit Positive

The company also announced that it has entered into a deal with BP to sell 49 per cent stake in its fuel marketing business in India for $1 billion.

Reliance To Roll Out Fibre Broadband, Unveils Oil Stake Sale To Aramco

The big tech push comes as the group bolsters its consumer-focused retail and telecoms units to match the strength of its key oil-and-gas business. Its startup Jio has upended the telco sector by providing cheap data connectivity and becoming India's top mobile operator by subscribers in just three years.

Reliance Capital Rejects PwC's Observations After Auditor Quits

Shares in Reliance Capital have declined for two straight days after the announcement of PwC's resignation.

Reliance Capital Calls PWC's Observations Baseless, Unjustified

The companies said they have also duly furnished all requisite and satisfactory details as required by PWC.

PWC Resigns As Statutory Auditor Of Reliance Capital And Reliance Home Finance

Both Reliance Capital and Reliance Home Finance said they do not agree with the reasons given by PWC.

Reliance-BP Makes 1st Bid For Oil Block; Vedanta Bids For 30, ONGC 20

Official sources said Vedanta, which had walked away with 41 out of the 55 blocks offered in OALP-I last year, bid for 30 areas.

Reliance Industries Buys ITC's Menswear Brand John Players

Companies & Markets Sector Reports Retail

The acquisition would strengthen RRL's readymade garments and accessories portfolio in the fashion and lifestyle retail space

Nifty, Sensex mark Two-Week Closing Low; Reliance Industries Top Drag

Companies & Markets Markets Stock Market

The broader NSE Nifty closed 1.69 percent lower at 10,601.15, while the benchmark BSE Sensex was down 1.59 percent at 35,312.13

Reliance Industries Plans Rs 3,000 Crore Fresh Investment In Odisha

Economy

"We are committing to invest an additional Rs 3,000 crore in Odisha. Our investment philosophy has a clear goal, to empower everyone in the march of development," RIL Chairman Mukesh Ambani said at the 'Make in Odisha - Conclave 2018'

Supreme Court Gives Govt 10 Days To Reveal Details Of Military Jet Deal

Economy

The ruling came in a hearing on petitions including a joint plea by former government ministers Yashwant Sinha and Arun Shourie, along with lawyer and activist Prashant Bhushan, on the jet deal

Sensex Succumbs To Profit-Booking, Tanks 383 Points