RIL

RIL raises $800 million via 10-year bonds at lowest rate

RIL raises $800 million via 10-year bonds at lowest rate

RIL, which is rated the same as the sovereign, will use the proceeds to refinance existing debt.

Nov 21, 2017, 12:27 PM IST
India mobile carriers rally on hopes for easier competition after Jio price rise

India mobile carriers rally on hopes for easier competition after Jio price rise

Top-ranked Bharti Airtel Ltd rose to a more than eight-year high and Reliance hit a record on the first day of trading since Jio`s announcement last week of new high-end data tariffs that effectively raise prices by as much as 20 percent.

Oct 23, 2017, 18:03 PM IST
Six of 10 most valued companies add Rs 76,383 crore in m-cap

Six of 10 most valued companies add Rs 76,383 crore in m-cap

While ITC, Maruti Suzuki India, ONGC and SBI suffered losses in their market capitalisation (m-cap) for the week ended Friday, RIL, Tata Consultancy Services (TCS), HDFC Bank, HDFC, Hindustan Unilever Ltd (HUL) and Infosys saw gains.

Oct 15, 2017, 13:19 PM IST
RIL Q2 net profit jumps 12.5% to Rs 8,109 crore

RIL Q2 net profit jumps 12.5% to Rs 8,109 crore

Net profit in July-September at Rs 8,109 crore, or Rs 13.7 per share, was higher than Rs 7,209 crore, or Rs 12.2 a share, in the same period of last fiscal, the company said in a statement.

Oct 13, 2017, 17:49 PM IST
Seven of 10 most valued cos add Rs 63,444 crore in mcap

Seven of 10 most valued cos add Rs 63,444 crore in mcap

ITC's valuation soared Rs 9,503.24 crore to Rs 3,24,145.91 crore and that of HUL jumped Rs 6,569.19 crore to Rs 2,60,927.89 crore.

Oct 08, 2017, 11:48 AM IST

Jio's entry broke myth that Indians averse to new technology: Mukesh Ambani

Reliance Jio has broken the myth that India is not ready to adopt advanced technology, Reliance Industries Ltd (RIL) Chairman Mukesh Ambani has said.

Sep 06, 2017, 19:51 PM IST
RIL becomes biggest importer of US ethane in 2017

RIL becomes biggest importer of US ethane in 2017

The Mukesh Ambani-led Reliance Industries Ltd (RIL) on Wednesday announced that it has become the biggest importer of ethane from the US in 2017, a development that follows the commissioning of the firm`s ethane gas project at its Dahej manufacturing facility earlier this year

Aug 23, 2017, 15:33 PM IST
Govt slaps $ 264 million penalty on RIL, BP!

Govt slaps $ 264 million penalty on RIL, BP!

The government has imposed a new penalty of USD 264 million (about Rs 1,700 crore) on Reliance Industries Ltd and its partners for producing less than the targeted natural gas from eastern offshore KG-D6 fields in 2015-16.

Aug 15, 2017, 14:14 PM IST
Govt slaps $ 264 million penalty on RIL, BP

Govt slaps $ 264 million penalty on RIL, BP

The government has imposed a new penalty of USD 264 million (about Rs 1,700 crore) on Reliance Industries Ltd and its partners for producing less than the targeted natural gas from eastern offshore KG-D6 fields in 2015-16.

Aug 15, 2017, 14:14 PM IST
Mukesh Ambani pips Li Ka-shing to become Asia's 2nd richest man

Mukesh Ambani pips Li Ka-shing to become Asia's 2nd richest man

Mukesh Ambani piped Li Ka-shing to become Asia's second-richest man by adding a wealth of $12.1 billion.

Aug 01, 2017, 13:37 PM IST
Jio's cheap handsets may reverse India's revenue decline trend

Jio's cheap handsets may reverse India's revenue decline trend

Despite this move, the agency retained its negative outlook on the sector, which has been impacted hugely by the entry of Jio.

Jul 24, 2017, 17:58 PM IST

Reliance Capital's shareholders approve demerger scheme

Financial services major Reliance Capital on Monday said its shareholders have approved the demerger scheme for Reliance Home Finance.

Jul 24, 2017, 17:35 PM IST
Ambani scions Akash, Isha debut before RIL shareholders

Ambani scions Akash, Isha debut before RIL shareholders

While Isha restricted to describing the product features, Akash and Thomas showcased the detailed workings like how the phone, which is available at an "effective" cost of zero, operates on voice commands.

Jul 21, 2017, 20:44 PM IST
Sensex climbs 124 points, Nifty above 9,900 as RIL leads rally

Sensex climbs 124 points, Nifty above 9,900 as RIL leads rally

Benchmark Sensex ran up 124 points on Friday, spurred by Reliance Industries reporting its highest quarterly earnings and its announcement of a bonus issue, amid capital inflows by foreign funds. Moreover, strong earnings from Wipro and Indian Bank enthused investors.

Jul 21, 2017, 16:30 PM IST
RIL issues bonus share after 12 years

RIL issues bonus share after 12 years

Reliance Industries Ltd on Friday announced one bonus share for every share held - the first such issue after 12 years, and a dividend of Rs 13 a share.

Jul 21, 2017, 13:34 PM IST
 'Rs 1000  invested in Reliance shares in 1977 worth Rs 16,54,503 today'

'Rs 1000 invested in Reliance shares in 1977 worth Rs 16,54,503 today'

Ambani said, “one thousand rupees invested in Reliance shares in 1977 is today worth Rs 16,54,503 – over 1,600 times more valuable.”

Jul 21, 2017, 12:53 PM IST
Reliance 40th AGM: Kokilaben breaks down as Mukesh Ambani paid tribute to Dhirubhai

Reliance 40th AGM: Kokilaben breaks down as Mukesh Ambani paid tribute to Dhirubhai

As Reliance Industries Limited (RIL) chairman Mukesh Ambani paid tribute to father Dhirubhai Ambani before addressing the 40th Annual General Meeting (AGM) at the Birla Matushri Sabhagar, his mother Kokilaben Ambani broke down into tears.

Jul 21, 2017, 12:37 PM IST

Reliance Industries 40th AGM: RIL CMD Mukesh Ambani launches Jio 4G smartphone at zero effective price

Annual General Meeting (AGM) of Reliance Industries Limited (RIL) will begin shortly in Mumbai. The main attraction of the 40th AGM of Reliance Industries Limited (RIL) will be announcements regarding Reliance Jio.

Jul 21, 2017, 12:23 PM IST
RIL Q1 results: Net profit up 28% to Rs 9,108 crore

RIL Q1 results: Net profit up 28% to Rs 9,108 crore

Reliance Industries Ltd on Thursday reported 28 per cent jump in the June quarter net profit to Rs 9,108 crore on back of higher refinery and petrochemical margins.

Jul 20, 2017, 18:25 PM IST
Oil field arbitration: Govt asks RIL, Shell, ONGC to pay $3 billion in penalty

Oil field arbitration: Govt asks RIL, Shell, ONGC to pay $3 billion in penalty

The government has sought about USD 3 billion from Reliance Industries, Royal Dutch Shell and ONGC following a "partial" arbitration award in its favour over cost recovery in Panna/Mukta and Tapti (PMT) oil and gas fields in the Arabian Sea.

Jul 18, 2017, 15:44 PM IST