Reliance Industries

Top 100 companies create wealth worth Rs 38.9 lakh cr in last 5 years

Top 100 companies create wealth worth Rs 38.9 lakh cr in last 5 years

TCS retained its first rank for creating investor wealth worth nearly Rs 2.50 lakh crore from 2012 to 2017.

Dec 09, 2017, 11:28 AM IST
Money never meant much to me, always have somebody around who pays for me: Mukesh Ambani

Money never meant much to me, always have somebody around who pays for me: Mukesh Ambani

Mukesh Ambani said that he never carries cash or credit cards in his pocket.

Dec 01, 2017, 15:17 PM IST
Over 60,000 petrol pumps in India, 45% jump in 6 years

Over 60,000 petrol pumps in India, 45% jump in 6 years

With 60,799 outlets dispensing petrol and diesel at the end of October, India is behind only US and China in number of petrol pumps, data available from Petroleum Planning & Analysis Cell of the Oil Ministry.

Nov 29, 2017, 15:53 PM IST
RIL sells stake in Marcellus Shale to BKV Chelsea for $ 126 million

RIL sells stake in Marcellus Shale to BKV Chelsea for $ 126 million

The assets produce mainly gas and are located in Susquehanna, Wyoming and Clearfield Counties of Pennsylvania.

Nov 24, 2017, 12:41 PM IST
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
Moody's cuts RIL credit outlook to stable but affirms ratings

Moody's cuts RIL credit outlook to stable but affirms ratings

For the quarter to September, RIL, which has a Rs 6 trillion market capitalisation, saw its cash pile falling to Rs 77,014 crore at the same time its debt swelled to Rs 2,14,145 crore from Rs 1,96,601 crore.

Nov 05, 2017, 13:15 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
RIL-BP to invest $1.5 bn to develop satellite gas fields

RIL-BP to invest $1.5 bn to develop satellite gas fields

They plan to develop four deepsea satellite gas finds, named D-2, 6, 19 and 22, together with two other nearby finds, D-29 and D30, in the Krishna Godavari basin block.

Oct 17, 2017, 13:32 PM IST
Reliance sees telecoms arm Jio turning profitable 'shortly'

Reliance sees telecoms arm Jio turning profitable 'shortly'

Jio launched late last year with free voice and cut-price data, sparking a price war in India's cut-throat telecoms sector which has driven down margins and forced consolidation.

Oct 13, 2017, 21:07 PM IST
PM Modi meets top global, Indian oil chiefs, talks investment

PM Modi meets top global, Indian oil chiefs, talks investment

The main theme of the meeting, sources said, was to seek investment in exploration and production, processing, transportation and distribution network in oil and gas.

Oct 09, 2017, 15:04 PM IST
Mukesh Ambani's wealth swelled by over Rs 1 lakh crore in last one year

Mukesh Ambani's wealth swelled by over Rs 1 lakh crore in last one year

Ambani saw his wealth increase to USD 38 billion (nearly Rs 2.5 lakh crore) from $22.7 billion last year.

Oct 05, 2017, 22:55 PM IST
RIL outbids GAIL to buy all its own CBM gas

RIL outbids GAIL to buy all its own CBM gas

In the latest bidding for up to 3 million standard cubic metres per day (mmscmd) of gas to be produced during October 2017 and March 2021, RIL quoted USD 6.26 per mmBtu at the current oil price, according to bid documents.

Sep 28, 2017, 12:59 PM IST
Data is the new oil, India does not need to import it: Mukesh Ambani

Data is the new oil, India does not need to import it: Mukesh Ambani

Ambani said India has leapfrogged from a lowly 155th in mobile broadband penetration to being the world`s largest mobile data-consuming nation in just one year.

Sep 27, 2017, 17:45 PM IST
Reliance Jio foots chunk of bill for cut-price phone, bets on data

Reliance Jio foots chunk of bill for cut-price phone, bets on data

Jio, backed by India`s richest man Mukesh Ambani, has amassed more than 128 million subscribers since its launch last year.

Sep 26, 2017, 16:48 PM IST
Eight of top-10 most valued companies add Rs 62,156 crore in mcap

Eight of top-10 most valued companies add Rs 62,156 crore in mcap

The m-cap of RIL, the most valued company of the country, surged Rs 17,074.13 crore to Rs 5,48,583.78 crore.

Sep 17, 2017, 13:19 PM IST
Reliance Jio made records globally, crosses 130 million customer mark: Mukesh Ambani

Reliance Jio made records globally, crosses 130 million customer mark: Mukesh Ambani

Reliance Jio made several records not only in India but across the globe and crossed 130 million customers mark in one year of its operations, Reliance Industries Chairman and MD Mukesh Ambani said in his letter to employees.

Sep 06, 2017, 20:41 PM IST
Reliance JioPhone users to get unlimited data pack, voice calling at just Rs 153 per month

Reliance JioPhone users to get unlimited data pack, voice calling at just Rs 153 per month

JioPhone will be physically available to those who have pre-booked, on a first come first serve basis from September onwards.

Aug 24, 2017, 17:53 PM IST
Reliance Jio 4G phone booking to start at 5.30 pm today

Reliance Jio 4G phone booking to start at 5.30 pm today

JioPhone will have an effective price of Rs 0 as buyers will be able to get the device for a one-time refundable security deposit of Rs 1,500.

Aug 24, 2017, 16:33 PM IST
Now, you can book Reliance JioPhone for Rs 500

Now, you can book Reliance JioPhone for Rs 500

This device, that was unveiled at the Reliance Industries AGM on 21st July 2017 is available to customers at an effective price of zero, ie, effectively free.

Aug 24, 2017, 14:16 PM IST
Reliance JioPhone pre-booking starts: Know how to place your order​

Reliance JioPhone pre-booking starts: Know how to place your order​

Reportedly, security deposit of Rs 1,500 only needs to be paid at hour of picking up the Jio Phone. There is no requirement of paying the entire amount at the booking time.

Aug 24, 2017, 08:52 AM IST