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Latest Articles in reliance industries

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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Reliance Inks Pact For UAE Chemical Project; To Collaborate With ADNOC

Under the terms of a strategic agreement, Reliance and TA'ZIZ will build plants with the capacity to produce 940,000 tonnes per annum of Chlor-alkali, 1.1 million tonnes a year of ethylene dichloride and 360,000 tonnes per year of polyvinyl chloride at the TA'ZIZ Industrial Chemicals Zone

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Mukesh Ambani Betting On Luxury Brand Offerings

India's luxury market is set to nearly double in size to nearly $5 billion within five years, Euromonitor estimates. Targeting that growth, Reliance is building a mall with dozens of outlets for powerhouse brands from Louis Vuitton to Gucci

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Cannot Implement $3.4 Bn Deal With Future Group: Reliance Industries

The development comes a day after Future Group’s proposed deal to sell its assets to Reliance Retail was rejected by a majority of lenders to Future Retail

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Future Group Lenders Reject Reliance's Retail Assets Deal: Report

The rejection by lenders come amid a long-drawn legal challenge by U.S. e-commerce giant Amazon.com Inc that has accused Future of violating certain contracts by dealing with Reliance, run by Mukesh Ambani

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Reliance Retail To Start Artisan-only Store Format 'Swadesh'

The Swadesh store will house a wide range of products including handmade textiles, handicraft, agriculture products and other artisanal merchandise, which will be sourced directly from artisans

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Sensex Surges 874 Pts, Nifty Ends Near 17,400; RIL Hits Record High

Heavyweight Reliance rose for a third session and settled at a record high. Morgan Stanley raised its target price on the conglomerate's stock earlier this week and said it expects up to a 10 per cent boost to the company's net asset value in anticipation of quicker hydrogen monetisation

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Future Rejects Amazon's Opposition Over Shareholders' Meeting On Sale Of Assets

Earlier this week, e-commerce major Amazon, which is contesting the Rs 24,713 crore deal, had said the meetings were ''illegal''

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Mukesh Ambani's Net-zero Plan: Inside RIL's Unique Energy Transition Story

The company has already spent USD 1.5 billion in acquisitions to lay grounds for its new energy forays that include solar, battery and hydrogen

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Reliance Sets Up Free EV Charging Infra For Employees

The charging station set up by Jio-bp - the company's fuel retailing joint venture with British energy giant bp - is in line with the firm's promise to achieve net carbon neutrality

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Supreme Court Orders Arbitration Resumption On Future Retail's Merger With Reliance Retail

A bench comprising Chief Justice N V Ramana and Justices Krishna Murari and Hima Kohli took note of the consent of US e-commerce major Amazon and Future group over the resumption of arbitral proceedings before the SIAC

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Bonanza For RIL, ONGC: Gas Price To More Than Double This Week: Report

Reliance Industries is set to get a record price of around $10 per MMBtu for the KG gas, while ONGC is likely to fetch more than double the rate for its Mumbai High and other fields, sources said

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Reliance & ACRE Bid For Sintex Filed Before NCLT For Approval

Earlier this week, Sintex Industries, which is going through the insolvency resolution process, had informed CoC has unanimously voted in favour of the resolution plan by Reliance Industries and ACRE

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Reliance Industries May Avoid Russian Fuel After Western Sanctions

Reliance buys Urals crude and straight run fuel oil for its refineries from Russia. The private refiner mostly buys its petrochemical feedstock from the Middle East and the United States

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