Search result for Reliance Industries
Bullish calls on RIL are up, according to the Analyst Call Tracker, as the risk-reward ratio improves.
After the recent drop in price, analysts are more positive about the company since they believe valuations are more reasonable. They claim that most of the company's short-term risks have been included into the stock price.
Elios Financial Services' Sham Chandak claims that Reli...
No one was wounded when Reliance's shiny new FPSO ran aground off the east coast
No one was wounded and production continued as usual on Sunday, when Reliance Industries Ltd. reported a minor collision with a barge off the east coast.
In transit to the deep-water MJ gas condensate development in the KG-D6 region of the Bay of Bengal, the Ruby floating production, st...
Reliance Industries and TA'ZIZ, located in the United Arab Emirates, have agreed to collaborate on a chemical project
According to a joint statement released by the companies on Tuesday, Reliance Industries Limited (RIL) and Abu Dhabi Chemicals Derivatives Company RSC Ltd (TA'ZIZ) have signed a formal shareholder agreement for the establishment of a chemical project at TA'ZIZ Industrial Chemicals Zone, R...
SCRAP 2G TELECOM SERVICES SAYS MUKESH AMBANI
Highlights
• Reliance Jio has already started working towards development of its 5G network services
• These statement was given by Mukesh Ambani while speaking at the Desh Ki Digital Udaan
• Reliance is the only Indian telecom operator which doesn&rsq...
QATAR INVESTMENT AUTHORITY (QIA) LIKELY TO INVEST $1.5 BILLION IN JioFiber
Highlights
• As per the reports, RIL is planning to make Jio become an asset-light company and save significantly on all the costs
• Qatar Investment Authority may invest $1.5 to 2 billion in RIL's Jio Fiber business
• Reliance has hired Citigroup ...
SENSEX SLUMPS 300 POINTS, NIFTY HOVERING AROUND 11,100 LEVELS
Highlights
• The S&P BSE Sensex is trading at 37,985.29 levels, while the benchmark Nifty50 is at 11,152.10
• Reliance Industries Limited was the top Sensex gainer with jump of 2.2 percent, while HDFC Bank, IndusInd Bank and ICICI Bank were the top Sensex l...
RELIANCE WELL POSITIONED TO HELP INDIAN STARTUPS SAYS MUKESH AMBANI
Speaking at the first-ever virtual Annual General Meeting of India’s most valuable company Reliance Industries Limited, the company’s Chairman and Managing Director Mukesh Ambani said Indian startups hold very special place in Reliance's heart and there is no better partner for th...
QUALCOMM INC: RELIANCE JIO PLATFORMS’ THIRTEENTH INVESTOR
Highlights
• Qualcomm Inc will invest Rs 730 crore in Jio Platforms for the stake of 0.15 percent
• Reliance Industries Limited has now sold 25.34 stake in Jio Platforms for Rs 118,318.45 crore
• Qualcomm is the third strategic investor after Facbook a...
Jio-bp: UK OIL GROUP BP PAYS $1 BILLION TO RELIANCE FOR A PETROL STATION VENTURE
According to the recent reports, BP has paid a whopping sum of $1 billion to Reliance Industries to set up a joint network of thousands of petrol pumps across the country of India in order to capitalize the country’s positively dynamic energy demand.
According to the statement ...
INTEL CAPITAL: RELIANCE JIO PLATFORMS' 11TH INVESTOR
Highlights
• Intel Capital will invest Rs 1,894.50 crore in Jio Platforms for an equity stake of 0.39 percent
• Jio Platforms has managed to raise capital worth Rs 117,588.45 crore by selling 25.09 percent stake
• The Chairman and Managing Director of ...
SENSEX JUMPS 150 POINTS, NIFTY ABOVE 10,300
Highlights
• The S&P BSE Sensex is trading at 35,144.98 points, while the benchmark Nifty50 is at 10,356.35 levels
• Reliance Industries, Axis Bank, ITC and HDFC were top Sensex gainers in the first trading session with growth of 1 percent, on the other hand, NTP...
STOCKS VOLATILE; BAJAJ FINANCE, ONGC TOP GAINERS
Highlights
• The S&P BSE Sensex is trading at 34,442.25 levels, while the benchmark Nifty50 index was at 10,164.70 points
• Bajaj Finance and ONGC were top Sensex gainers in the early morning trading session with growth of 4 percent and 2 percent respectively
...SAUDI ARABIA’S PIF TO INVEST $1.5 BILLION IN RELIANCE JIO PLATFORMS?
Highlights
• Jio Platforms has already raised funds worth Rs 1.04 lakh crore in the time span of just eight weeks
• According to the sources, Saudi Arabia’s PIF will invest $1.5 billion for the stake of 2.33 percent
• After this deal, Reliance Ji...
MANOJ MODI: THE LINK BETWEEN RELIANCE AND INVESTMENTS WORTH RS 97,885.65 CRORE
In the times of COVID-19 pandemic, when the world is struggling to get on its feet, the company owned by Asia’s richest man Reliance Industries Limited (RIL) managed to raise funds worth $13 billion in time span of just six weeks. Mukesh Ambani's Jio Platforms managed to pull this wonde...
SENSEX TANKS 850 POINTS, NIFTY BELOW 9,750
Highlights
• After falling down 850 points, the S&P BSE Sensex is now trading at 32,929.20 levels, while the benchmark Nifty50 index is at 9,730.50 levels
• Top laggards in the BSE pack was IndusInd Bank as it saw decline of 6 percent, followed by ONGC, Bajaj Fin...
SILVER LAKE PARTNERS STILL FASCINATED BY RIL JIO, MAKES ADDITIONAL INVESTMENT OF RS 4,546.80 CRORE
Highlights
• After this investment, Silver Lake Partners will have total investment of Rs 10,202.55 crore and hold equity stake of 2.08 percent
• Abu Dhabi based Mubadala Investment Company has stated it will make an investment of Rs 9,093.60 crore for a 1.85 percent...
EVERYTHING ABOUT THE KKR - JIO DEAL WORTH RS 11,367 CRORE
The newest entrant in the list of global heavy weights that have invested in Jio Platforms owned by India’s richest man Mukesh Ambani is the private equity firm KKR. KKR is ready to invest Rs 11,367 crore for a stake of 2.32 percent. KKR has joined the list of five investors which now has s...
SENSEX TRADES OVER 31,000, NIFTY NEARS 9,150
Highlights
• Reliance Industries' Reliance Industries Limited- Rights Entitlement saw a decline of 5.89 percent after making successful debut yesterday
• After overnight rally of global equities and crude oil, Asian markets made moderate amount of gains
...RELIANCE INDUSTRIES LTD POSTED RECORD QUARTERLY PROFIT
On Friday, Indian company Reliance Industries Ltd posted record quarterly profit. Its consumer-facing businesses observed a double-digit growth. It cushioned the weakness in its energy divisions.
In the December quarter, revenue at its retail and telecom units, each jumped more than 25%...
Health returns to the telecommunications market, but the incumbents have miles to go
The government's attempt to restore the telecommunications industry has provided much needed relief to customers. So far in 2019, shares of Bharti Airtel Ltd and Reliance Industries Ltd, Reliance Jio Infocomm Ltd's company, have earned 37-47%.
The industry is set to grow this fi...