Search result for Reliance
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...
2023 begins with Sensex rising 200 points and Nifty hovering at 18,150.
Indian equity indices rose at the start of the first trading day of 2023, driven by banking companies and index heavyweight Reliance NSE, which gained 1.13%. At roughly 9.48 am, the BSE Sensex was up 187 points, or 0.31%, to 61,027, and the Nifty50 was up 38 points, or 0.21%, to 18,143. "In ...
Nobody was wounded when Reliance's shiny new FPSO ran aground off the east coast.
Off the east coast, Reliance Industries Ltd.'s brand new floating manufacturing system had a minor collision with a barge, but the business reported on Sunday that no one was wounded and the project was continuing as planned.
While traveling to the deep-water MJ gas condensate devel...
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...
Franchise of CSA’s Twenty20 Tournament to be Acquired by Reliance Industries
The owner of Reliance Industries Mukesh Ambani expressed his desire to buy a franchise based in Cape Town, in the new twenty20 tournament planned by Cricket South Africa in January and Feburary2023.
The successful bidders for the planned twenty20 tournament fran...
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...
Reliance Industries to Raise 5 billion dollars Through Bonds
Reliance Industries has announced to raise 5 billion dollars by issuing bonds as a measure to refinance its current debt.
The company released a statement saying that the notes will be issued in one or more tranches.
This has become the new way to deal with debts. Sovereign bo...
Reliance Industries and TA'ZIZ Sign a 2 billion Dollar Chemical Production Partnership
Reliance Industries (RIL) is investing for the first time in West Asia. The company is putting its money in Chemical Derivatives Company (RSC) in Abu Dhabi. According to a statement released by RIL, the two companies have signed an agreement to launch TA’ZIZ EDC & PVC, a partnership on ...
AMBANI TO PARTNER WITH FACEBOOK AND GOOGLE
HIGHLIGHTS
- Mukesh Ambani is going to forge a partnership with Facebook and Google.
- Three partners seek to obtain a license to enter India’s digital payments business.
Reliance Industries Ltd., led by Asia’s richest man Mu...
INDIAN STOCK EXCHANGES APPROVE $ 3.4 BILLION RELIANCE AND FUTURE DEAL
HIGHLIGHTS
- Indian stock exchanges have approved the US $ 3.4 billion deal between Future Group and Reliance Retail.
- Amazon did not want this deal to happen.
Recently, Indian stock exchanges approved the US $ 3.4 billion deal between ...
INDIAN STOCK EXCHANGES APPROVE $ 3.4 BILLION RELIANCE AND FUTURE DEAL
HIGHLIGHTS
- Indian stock exchanges have approved the US $ 3.4 billion deal between Future Group and Reliance Retail.
- Amazon did not want this deal to happen.
Recently, Indian stock exchanges approved the US $ 3.4 billion deal between ...
SILVER LAKE MAY BUY STAKE IN RELIANCE RETAIL
HIGHLIGHTS
- Silver Lake wants a $ 1 Billion stake in Reliance Retail.
- The investment would value Reliance Retail at about $ 57 billion.
- Reliance plans to sell about 10% in new shares.
- Reliance Industries has raised more than $20 b...
RELIANCE RETAIL TO ACQUIRE FUTURE GROUP’S UNITS
HIGHLIGHTS
- Reliance Retail is going to acquire Future Group’s units for $3.4 billion.
- Future Group is the second largest bricks-and-mortar retailer in India.
Reliance Retail, the largest retail chain in India is set to acquire ...
TELECOM MINISTRY APPROVES Brookfield’s $3.4 BILLION PURCHASE OF RELIANCE TELECOM TOWER ASSETS
Highlights
• The Union Finance Ministry, Union Home Ministry and the Reserve Bank of India (RBI) had previously given their approval in the month of July
• According to the statement given by Mukesh Ambani in July, 2019, the proceedings of this deal will be utilized ...
HIGH HOPES ON RELIANCE RETAIL-FUTURE GROUP DEAL LIKELY TOMORROW
Highlights
• According to the reports, it is going to be an all cash deal that will see Reliance Retail taking over all the debts and liabilities of Future Group along with a minority stake I. Future Enterprises
• The estimated value of this transaction will be aroun...
SBI VS ANIL AMBANI: NCLT MUMBAI PERMITS INITIATION OF BANKRUPTCY PROCEEDINGS
Highlights
• The SBI had given loans of Rs 565 crore and Rs 635 crore to Reliance Communications and RTIL respectively in August 2016
• In January 2018, the personal guarantee issued by Anil Ambani was revoked by the SBI
• As per the order, a Resolutio...
RELIANCE: THE ONLY INDIAN NAME IN THE LIST OF TOP 100 GLOBAL COMPANIES
According to the 2020 Fortune Global 500 list that was released on August 11, India’s most valuable company led by Asia’s richest man Mukesh Ambani has made it to the list of top 100 companies in the world. Riding high on some serious investments in its telecom arm Jio Platforms, Reli...
AFTER TELECOM AND ONLINE RETAIL, RIL PLANS TO TAKE OVER NETMEDS
Highlights
• Reliance Industries Limited (RIL) is likely to acquire Netmeds for around $120 million
• Chennai-based Netmeds was founded in the year 2015 by Pradeep Dadha
• Until now, Netmeds has announced three rounds of funding worth $100 millio...
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...
RIL POSTS PROFIT OF RS 13,233 CRORE IN Q1: WITNESSES JUMP OF 31% YoY
Highlights
• In the Q1 of FY20, Reliance Industries Limited managed to bring down the total expenditure by 42 percent YoY
• According to the statement given by RIL Chairman, MD Mukesh Ambani, the COVID-19 lockdown has impacted company’s hydrocarbon business
...