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Latest Articles in reliance

Bodhi Tree, Reliance, and Viacom18 Enter INR 13,500 Crore Tripartite Partnership; To Build India's Leading Entertainment Platform

The collaboration will also see JioCinema, an on-demand video streaming service owned by Reliance, transferred to Viacom18

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ONGC To See $3 Bn Rise In Earnings, Reliance $1.5 Bn From Gas Price Hike

The govt from April 1 increased the gas price paid to producers of oil and regulated fields from $2.9 per mmBtu to $6.10, a record high

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Reliance Opens Up On Takeover Of Future Stores

The March 8 letter, seen by Reuters, reveals for the first time Reliance's stance on the events of the night of Feb. 25, when staff suddenly showed up at many of its rival's stores to take control over missed lease payments

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Jio-Bp Opens EV Charging Hub In Delhi; Petrol Pump Count Inching Up

The joint venture plans to leverage Reliance's vast presence and deep experience in consumer businesses across India, with its hundreds of millions of customers in Jio and Reliance Retail, and bp's extensive global experience in high-quality differentiated fuels, lubricants, convenience and advanced low carbon mobility solutions

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Reliance Becomes Promoter In SWREL, Holds Over 40% Stake

Earlier RNESL (acquirer), Reliance Industries Ltd (RIL) and Reliance Ventures Ltd (RVL) had made initial payment of Rs 259 crore for acquisition of 49,13,791 shares or 25.90 per equity stake in the SWREL, showed a BSE filing.

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RIL To Acquire New Cricket Team In UAE T20 League

Nita Ambani, co-owner of Mumbai Indians said, "I look forward to strengthening and further expanding our global fanbase, and having a longer engagement with them through this new League.

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Arbitration Panel Rejects Future's Plea On Reliance Deal In Dispute With Amazon

Amazon has been locked in a tussle with Future and accuses it of breaking contracts when it sold its retail assets to Indian market leader Reliance last year. Future denies any wrongdoing.

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Reliance Gets NCLT Permission To Seek Creditors' Nod For Proposed Future-Retail Deal

The Mumbai bench of NCLT, led by Suchitra Kanuparthi, allowed the application by Reliance Retail's creditors and shareholders to convene meetings to seek approval for the deal. NCLT's detailed order in the matter is awaited.

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Reliance Says Dropped Merger Plans With Zee On Role Of Founders

Hours after Zee Entertainment Enterprises Ltd''s biggest shareholder named it as a firm that could help revive the television company''s fortunes, billionaire Mukesh Ambani''s firm issued a statement clarifying its position.

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Gas Price Increase Positive For ONGC, Reliance: Fitch

Domestically produced gas is supplied on a priority basis to certain sectors, with 30 per cent of it being consumed by power producers, around 27 per cent by the fertiliser sector and 19 per cent by city gas distributors in FY21.

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Reliance, Reliance-BP Mobility Get Fuel Retailing Licence

RIL already had a fuel retailing licence, under which it had set up over 1,400 petrol pumps in the country. But this licence was transferred to its subsidiary Reliance BP Mobility (RBML).

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Clean Tech Next Hypergrowth Opportunity For Reliance, Say Brokerages

Ambani expects to conclude sale of a 20 per cent stake in O2C business to Saudi Aramco this year but the extent of upfront cash component in the transaction will determine the extent of the benefit to RIL

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Reliance To Invest Rs 75,000 Cr In New Energy Business

Reliance will establish and enable at least 100 GW of solar energy by 2030. A significant part of this will come from rooftop solar and decentralised solar installations in villages

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Fitch Upgrades Reliance Rating A Notch Above India's Sovereign Rating

Fitch expected RIL's EBITDA to increase to around Rs 1.1 lakh crore in FY22, supported by a recovery in petrochemical spreads, transportation fuel cracks, higher refining throughput and a continued rise in digital services EBITDA.

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Ambani Says No Option But To Make Businesses Green

RIL also plans to develop next-gen carbon capture and storage technologies. It is evaluating novel catalytic and electrochemical transformations to use CO2 as a valuable feedstock.

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