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Latest Articles in reliance industries
Windfall Tax To Cut RIL & ONGC Profits, Govt Will Earn Rs 94,800 Cr: Moody's
The rating agency said the rise in tax payments is not expected to materially weaken the RIL or ONGC's credit quality because their margins will continue to be healthy
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Windfall Tax To Shave Off $12 Margin For RIL, Severely Hit ONGC Earnings, Say Brokerages
The new levies will give the government up to Rs 1.3 lakh crore additional revenue, brokerages said
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Reliance Fined For Not Promptly Disclosing 2020 Facebook Deal
The Securities and Exchange Board of India (SEBI) said Reliance did not disclose the deal even after newspaper reports in March 2020 published price-sensitive details about the imminent investment that led to a spike in its shares
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Adani Group Gains 88% Jump In Value, While Reliance Reports 13% Rise
Tata Consultancy Services came second at Rs 12.97 lakh crore despite a 0.9 per cent decline in value, and was followed by HDFC Bank, Infosys and ICICI Bank
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Reliance Industries, Apollo Consortium To Make Binding Bid For Boots
The consortium was in talks with global financial giants for funding. If completed, the deal will be Reliance’s largest cross-border acquisition
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Amazon Asks Future Group To Refrain Transaction With Reliance Industries
The notice follows reports that the Future Group is in the midst of negotiations with Mukesh Dhirubhai Ambani (Reliance Industries Limited) Group (MDA Group) for sale of its supply chain and logistics businesses
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Indian Shares Settle Higher On Boost From Reliance, IT Stocks
After struggling for direction for most of the session, the NSE Nifty 50 index settled up 0.64 per cent at 16,628 and the S&P BSE Sensex closed 0.79 per cent higher at 55,818.11
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Reliance Likely To Clock $20 Bn EBITDA By End 2022: Morgan Stanley
"Reliance is on a path toward a USD 20 billion+ EBITDA run rate inflection, with five-pronged support" of high refining margin, telecom revenue per user rising, global gas market tightening, rising traction on digital commerce and superior petrochemical spreads, it said in a note
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Reliance Industries Stock Declines 4.29% After Q4 Earnings
The 30-share BSE Sensex settled 364.91 points or 0.67 per cent lower at 54,470.67 on Monday. Reliance Industries was the biggest drag among the Sensex and Nifty firms
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RIL Sees Gas Prices Rising In Oct; Says Revenue Grew 3.5 Times In FY22
The government sets gas prices every six months based on international rates. The price of gas from old or regulated fields was more than doubled to a record USD 6.1 per mmBtu from April 1 and that for difficult fields like those lying in deepsea to USD 9.92. per mmBtu. Rates are due for a revision in October
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Reliance Becomes First Indian Company To Hit $100 Billion Revenue In A Year
The oil-to-retail-to-telecom conglomerate's consolidated net profit rose to ₹ 16,203 crore in the quarter ended March 31, 2022 from ₹ 13,227 crore, the firm said in a statement
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Q4 Results: Reliance Industries Net Profit Jumps 22% To Rs 16,203 Cr
The board of the company has recommended a dividend of Rs 8 per equity share for the financial year ended March 31
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Markets End The Week In Red; Sensex Slumps 460 Pts
The 30-share pack Sensex declined 460.19 points or 0.80 per cent to close at 57,060.87. Its broader peer, NSE Nifty50, slumped 142.50 points or 0.83 per cent to 17,102.55
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Reliance And UAE's Tajiz Sign $2 Bn Agreement
The formal shareholder agreement was signed by Reliance Chairman and Managing Director Mukesh Ambani during his visit to the ADNOC headquarters
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Reliance, Apollo Global Plan Joint Bid For Walgreens' Boots Business
The Financial Times, which first reported on the joint bid citing people familiar with the matter, said the deal would see Boots expand its presence into India, Southeast Asia and the Middle East
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