Reliance Industries
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Star-Studded Affair: Bollywood Celebrities Flock to Jamnagar for Anant Ambani and Radhika Merchant's Pre-Wedding Celebrations
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By Loktej English Team
Jamnagar is buzzing with excitement as preparations for the pre-wedding celebrations of Mukesh Ambani's younger son, Anant Ambani, and Radhika Merchant are in full swing. Scheduled from March 1 to March 3, the event promises a lavish affair with artists...
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Markets bounce back on Reliance Industries surge
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By Loktej English Team
New Delhi, Jan 29 (IANS) Markets have bounced back strongly after the last two weeks of correction on the back on Reliance Industries which has recorded more than 5% gains in the day so far, says Rahul Sharma , Director,...
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RIL trades cheap relative to Nifty: Jefferies
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By Loktej English Team
New Delhi, Jan 20 (IANS) RIL trades cheap relative to Nifty. We forecast 12 per cent Ebitda growth in FY25E with Jio contributing lion's share on the back of a tariff hike. Maintain Buy with Rs 3,140 PT, foreign brokerage,...
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Reliance Industries gross revenue at Rs 2.48 lakh crore in Dec quarter on momentum in consumer businesses
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By Loktej English Team
New Delhi, Jan 19 (IANS) Reliance Industries Limited (RIL) declared the consolidated results for quarter ended December 31, 2023.
Gross Revenue was Rs 248,160 crore ($29.8 billion), up 3.2 per cent Y-o-Y, supported by continued growth momentum in consumer businesses....
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RIL market cap crosses Rs 18 lakh crore
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By Loktej English Team
New Delhi, Jan 11 (IANS) Reliance Industries' market capitalisation crossed Rs 18 lakh crore on Thursday as the stock hit a record high.
RIL stock jumped 2.5 per cent crossing the Rs 2,700 mark and RIL market capitalisation jumped to...
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Reliance continues to lead Wizikey’s NewsmakersIndia Ranking by a wide margin
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By Loktej English Team
New Delhi, Dec 20 (IANS) Reliance Industries -- India’s largest corporate by revenues, profits, market value as well as social impact -- topped the 2023 Wizikey News Score ranking as the country’s most visible corporate in the media.
The Wizikey’s...
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Fifth time in succession, Reliance Industries emerges as largest wealth creator in 2018-23
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By Loktej English Team
New Delhi, Dec 14 (IANS) For the fifth time in succession, Reliance Industries has emerged as the largest Wealth Creator over 2018-23. This takes Reliance’s overall No.1 tally to 10 in the last 17 five-year study periods, as per Motilal...
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India's energy requirement set to double by end of this decade: Mukesh Ambani
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By Loktej English Team
New Delhi, Dec 2 (IANS) India's energy requirement is set to double just by the end of this decade, Reliance Industries Chairman Mukesh Ambani said on Saturday.
Speaking at the 11th convocation of Pandit Deendayal Energy University (PDEU), Ambani, who...
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Reliance Jio launches India’s 1st satellite-based Internet to connect inaccessible areas
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By Loktej English Team
New Delhi, Oct 27 (IANS) Reliance Jio on Friday successfully demonstrated India’s first satellite-based giga-fibre service to provide high-speed, affordable Internet services in inaccessible areas across the country.
Called JioSpaceFiber, it was showcased on the first day of ‘India Mobile...
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Reliance Industries nearing deal to buy Walt Disney’s India ops
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By Loktej English Team
Mumbai, Oct 23 (IANS) Reliance Industries, controlled by Asia’s richest tycoon Mukesh Ambani, is nearing a cash and stock deal to buy Walt Disney Co.’s India operations, Bloomberg reported.
The US entertainment giant might sell a controlling stake in the...
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QIA to invest Rs 8,278 crore in Reliance Retail for 0.99% equity stake
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By Loktej English Team
New Delhi, Aug 23 (IANS) Reliance Retail Ventures Limited (RRVL) announced on Wednesday that Qatar Investment Authority (QIA), through a wholly-owned subsidiary, will invest Rs 8,278 crore into RRVL, a subsidiary of Reliance Industries Limited.
The investment values RRVL at...
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Jio Financial hits lower circuit on listing day
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By Loktej English Team
New Delhi, Aug 21 (IANS) Shares of Jio Financial Services (JSF) hit a lower circuit of 5 per cent on the listing day on Monday.
The shares were locked in the lower circuit of 5 per cent at Rs 251.75...
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