News WrapGet Handpicked Stories from our editors directly to your mailbox


RIL creates new benchmark, becomes first company to hit Rs 9 lakh crore in market cap

RIL was also the first company to reach Rs 8 lakh crore mark in August last year.


Oct 18, 2019, 12:32 PM IST

No rise in Ambani's stake, subsidiaries' shares merged with RSHL: RIL

The clarification comes as reports suggested that Mukesh Ambani increased his stake in RIL after Reliance Services and Holdings, an Ambani firm, acquired 17.18 crore equity shares, or 2.71 per cent stake on September 13.

Sep 19, 2019, 15:39 PM IST

Reliance Industries aims to make ‘sustainable clothing’ affordable

RIL, pioneer of recycling of PET bottles in India, is processing over two billion post-consumer (used) PET bottles every year and plans to scale it up to six billion in two years, he said.

Sep 12, 2019, 11:11 AM IST

Reliance shares see biggest intraday rise in decade; shares up 12%

The spike has put Reliance Industries within touching distance of becoming the highest-valued Indian company again.

Aug 13, 2019, 12:35 PM IST

Photo Gallery: RIL 42nd Annual General Meeting

Reliance Industries Ltd Chairman Mukesh Ambani addressed shareholders at the 42nd annual general meeting (AGM).

Aug 12, 2019, 18:03 PM IST

Saudi Aramco to invest $75 billion in Reliance's oil to chemicals business: Mukesh Ambani

Addressing the 42nd annual general meeting Ambani said it is the biggest foreign investment for Reliance and one of the largest for India.

Aug 12, 2019, 12:23 PM IST

RIL AGM 2019: Jio GigaFiber commercial launch date, tariff, welcome offer announced

Mukesh Ambani has announced the details regarding the commercial launch of Jio Fiber broadband service, tariffs and welcome offer.

Aug 12, 2019, 11:04 AM IST

Reliance enters into JV with BP to set up 5,500 petrol pump outlets in India in 5 years

This joint venture will also include RIL’s aviation fuels business, which currently operates at over 30 airports across India, providing participation in this rapidly-growing market, the company said.

Aug 07, 2019, 10:32 AM IST

Reliance Jio Q1 Net rises 45.6% to Rs 891 crore

Reliance Jio posted EBITDA of Rs 4,686 crore, up 49 percent year-on-year and an EBITDA margin of 40 percent, the company said in a statement. Jio made with gross subscriber additions of 33.8 million in the quarter, it added.

Jul 19, 2019, 18:59 PM IST

Reliance Industries Q1 Net rises 6.8% to Rs 10,104 crore

In FY 2019-20 Reliance posted record quarterly consolidated revenue of Rs 172,956, up 22.1 percent year-on-year, the company said in a statement.

Jul 19, 2019, 18:34 PM IST

Reliance raises $1.85 bn in long-term loan

The fund raising comes amid reports of the company planning to infuse as much as Rs 20,000 crore into its telecom unit, Jio, to bolster broadband and e-commerce play ahead of a potential entry into 5G mobile telephony services in future.

Jun 25, 2019, 15:07 PM IST

Reliance, BP to develop deepest gas find in KG-D6 by 2022

Reliance-BP will develop the MJ, or D-55, gas find in sync with the previously approved projects to the develop two sets of discoveries in the block that will together add 30-35 million standard cubic metres per day of natural gas production in phases.

Jun 12, 2019, 12:01 PM IST

Reliance to shut crude unit at Jamnagar refinery

Reliance owns and operates two refineries at Jamnagar in Gujarat - a 33 million tonne a year DTA refinery that caters to local fuel demand and a 35.2 million tonnes only-for-export unit.

Jun 11, 2019, 10:26 AM IST

RIL’s R|Elan ‘Fashion For Earth’ celebrates World Environment Day with EarthTee2

Reliance Industries, the owner of brand R|Elan, is one of the largest recycler of PET bottles in India, recycling 2.2 billion PET bottles a year.

Jun 05, 2019, 17:08 PM IST

Reliance topples IOC to become the biggest Indian company

Reliance in the 2018-19 fiscal year that ended March 31, reported a turnover of Rs 6.23 lakh crore.

May 21, 2019, 14:35 PM IST

Nine of top-10 cos lose whopping Rs 1.60 lakh cr in m-cap; RIL worst hit

Tata Consultancy Services (TCS) was the lone gainer among the 10 frontline companies, while the rest nine saw their market capitalisation (m-cap) plummet for the week ended Friday.

May 13, 2019, 11:30 AM IST

TCS reclaims most valued firm status; pushes RIL to 2nd rank

RIL and TCS have in the past also competed with each other for the number one position in terms of market capitalisation.

May 10, 2019, 12:22 PM IST

RIL to acquire British toy-maker Hamleys for Rs 620 crore

Hamleys, a 259-year-old toy-maker, has struggled to generate profits in recent times. It reported a profit after tax of 2.44 million pounds in 2018 after suffering a loss of 11.24 million pounds in 2017.

May 10, 2019, 09:51 AM IST

Reliance Q4 Net rises 9.8% to Rs 10,362 crore

Reliance Industries Limited's full year consolidated net profit rose 13.1 percent year on year Rs 39,588 crore.

Apr 18, 2019, 18:38 PM IST

Reliance Jio net profit jumps 65% to Rs 831 cr in December quarter

The company had recorded a net profit of Rs 681 crore in the corresponding period a year ago.

Jan 17, 2019, 19:06 PM IST