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Latest Articles in reliance industries

Reliance To Start Gas Production From MJ Field In Oct-Dec 2022

RIL and its partner BP plc of the UK plan to use a floating production system at high-sea in the Bay of Bengal to bring to production the deepest gas discovery in the KG-D6 block.

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Quarterly Earnings, Global Trends To Drive Equity Market This Week: Analysts

Reliance Industries Ltd on Friday reported a 7 per cent drop in its June quarter net profit as retail business got hit by the second wave of COVID infections.

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Reliance Industries Q1 Net Drops 7 % On COVID Hit To Retail Business

Consolidated net profit of Rs 12,273 crore in April-June compared with Rs 13,233 crore a year earlier, the company said in stock exchange filing.

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India's Gas Production Jumps 19.5% In June On Back Of KG-D6

India produced 2.77 billion cubic meters of natural gas in June, up from 2.32 bcm in the same month last year, as per the data released by the Ministry of Petroleum and Natural Gas.

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India Inc's Overseas Direct Investment In June Doubles At USD 2.8 Bn

Of the total investment during June 2021, USD 1.17 billion was in the form of issuance of guarantee, USD 1.21 billion was given as loan, while the equity investment stood at USD 426.84 million.

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Reliance Acquires 40.95 % Stake In Just Dial For Rs 3,497 Crore

RRVL will make an open offer to acquire additional up to 2.17 crore equity shares of Just Dial, representing 26 per cent stake, in accordance with Sebi Takeover Regulations

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Reliance Power Gets Shareholders' Nod To Issue Of Shares, Warrants Worth Rs 1,325 Cr To RInfra

The issue of shares and warrants to RInfra is aimed at reducing Reliance Power's standalone debt by Rs 1,325 crore.

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Reliance Signs Pact To Invest In Abu Dhabi Petchem Hub

The oil-to-telecom conglomerate will join the recently-formed Ta'ziz joint venture of Abu Dhabi state energy giant Adnoc and state holding company ADQ for developing the Ruwais Derivatives Park in western Abu Dhabi.

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Mcap Of 6 Of Top 10 Firms Soars Over Rs 1.11 Lakh Cr; TCS, Infosys Lead Gainers

The market valuation of HDFC Bank jumped Rs 19,838.88 crore to Rs 8,36,426.69 crore and that of State Bank of India by Rs 14,234.76 crore to Rs 3,82,642.72 crore.

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Reliance Industries Shares Decline Over 2 %

The stock closed at Rs 2,153.35, a decline of 2.35 per cent on the BSE. During the day, it dipped 2.95 per cent to Rs 2,140.

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RIL AGM: To Invest Rs 75,000 Cr In Green Initiatives; Build 4 Giga Factories

Addressing the shareholders in its 44th AGM, Mukesh Ambani said Giga factories will manufacture and fully integrate all the critical components of "new energy ecosystem"

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RIL AGM: JioPhoneNext, 5G Rollout and Retail Expansion Next Big Steps for RIL

In its 44th annual general meeting (AGM) conducted virtually on June 24, Reliance Industries (RIL), India's largest company by market capitalization made a string of key announcements including the JioPhone Next with Google

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Saudi Aramco Chairman To Be On Board Of Reliance Industries

Harvard educated, Al-Rumayyan, 51, will replace Yogendra P Trivedi, 92, who has expressed desire to retire, Ambani said at the company's annual shareholder meeting.

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Reliance Raised Rs 3.24 Lakh Cr Capital Through Equity Sale, Rights Issue, Asset Monetisation: Ambani

RIL raised USD 44.4 billion – largest-ever capital raise by any company in a year globally. This capital raise is a strong vote of confidence by global investors in India's growth potential,

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Wealth Of India's Super-Rich Slips 4.4 % To USD 12.83 Trillion In 2020 Due To Rupee Fall: Report

Global wealth climbed by USD 28.7 trillion to USD 418.3 trillion, after losing USD 17.5 trillion in the market rout in the first quarter, while the number of overall global millionaires jumped by 5.2 million to 56.1 million

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