News for 'Reliance Group'

Indian runner smashes 16-YO 3000m indoor record

Indian runner smashes 16-YO 3000m indoor record

Rediff.com15 Feb 2025

Hangzhou Asian Games bronze medalist Gulveer Singh started his season strong by shattering a 16-year-old national record in the men's 3000m indoor race at the BU David Hemery Valentine Invitational in Boston.

US market a 'wild card' for Indian IT: Nasscom Prez

US market a 'wild card' for Indian IT: Nasscom Prez

Rediff.com24 Feb 2025

United States, the largest market for the $282 billion Indian IT sector, is a "wild card" for the industry, lobby grouping Nasssom's president Rajesh Nambiar said on Monday. Speaking to reporters Nambiar said the tariff threats by the US may turn out to be the biggest headwind for the sector. "Broadly, if you were to look at the headwinds, the biggest unknown there would be the tariffs and the impact of what happens in the US market," Nambiar said.

'It's been very hard on Rishabh not playing, but...'

'It's been very hard on Rishabh not playing, but...'

Rediff.com1 Mar 2025

Rishabh Pant hasn't been a part of the playing eleven in the last two group games as India handed over the wicketkeeping duties to KL Rahul, who has performed remarkably well behind the stumps and provided solidity to the middle order.

Reliance buys Flag for Rs 950 crore

Reliance buys Flag for Rs 950 crore

Rediff.com13 Jan 2004

Why's Mukesh Ambani Betting Big On Media

Why's Mukesh Ambani Betting Big On Media

Rediff.com28 Mar 2024

Could it be about clout? Given its size and influence, RIL doesn't need the media for that, notes Vanita Kohli-Khandekhar.

Reliance plans tech university in WB

Reliance plans tech university in WB

Rediff.com27 Apr 2005

The Reliance group is interested in setting up its second Information and Technology University in West Bengal after its first one in Gujarat.

Tribunal stays Hinduja's revised offer for Reliance Cap

Tribunal stays Hinduja's revised offer for Reliance Cap

Rediff.com3 Jan 2023

The insolvency process of debt-ridden Reliance Capital Ltd (RCL) on Tuesday hit a roadblock as the NCLT Mumbai has stayed the resolution process on the plea of Torrent Group. The stay order was issued by the National Company Law Tribunal (NCLT) as the Ahmedabad-based Torrent Group challenged the revised bid from Hinduja Group, sources said. Torrent Group, which emerged as the highest bidder with an Rs 8,640 crore offer, had moved the NCLT-Mumbai against Hinduja Group's late revised bid, which it had submitted after the completion of the e-auction process on December 21.

'We're Winning The War Against Terrorism'

'We're Winning The War Against Terrorism'

Rediff.com30 May 2025

'We've moved from thousands killed yearly in Jammu and Kashmir to 127 last year.' 'Cross-border terrorism in Kashmir is being solved. We are winning it.'

Will India tweak Playing XI against NZ?

Will India tweak Playing XI against NZ?

Rediff.com28 Feb 2025

Doeschate admitted that Sunday's match could be a contest of spin between the two sides.

Reliance plans Rs 2,000 cr IT park

Reliance plans Rs 2,000 cr IT park

Rediff.com17 Jul 2006

Independent valuers give Rs 13,000 crore liquidation value for Reliance Capital

Independent valuers give Rs 13,000 crore liquidation value for Reliance Capital

Rediff.com1 Dec 2022

Independent valuers have given a liquidation value of up to Rs 13,000 crore for Reliance Capital, sources said. The Reliance Capital administrator, in the Committee of Creditors (CoC) meeting held on Wednesday, presented the valuation reports of the independent valuers - Duff & Phelps and RBSA, to the lenders. According to sources, independent valuers Dufff & Phelps and RBSA have given a liquidation value of around Rs 13,000 crore for Reliance Capital (RCAP).

Renters, Loss and Liability Cover Are Essential

Renters, Loss and Liability Cover Are Essential

Rediff.com26 May 2025

Tenants should primarily buy contents insurance. 'This covers personal belongings like electronics, furniture, clothes, and appliances against risks such as fire, theft, floods, and other natural calamities.

Key factors that will drive the markets this week

Key factors that will drive the markets this week

Rediff.com12 Jan 2025

Investors will take cues from the December quarter corporate earnings, with blue-chips like Infosys, Reliance Industries scheduled to report their results this week, in addition, inflation data and trading activity of foreign investors will also be crucial in dictating market trends, analysts said.

Now, Insurance For Money Loss From Online Scams

Now, Insurance For Money Loss From Online Scams

Rediff.com29 Apr 2025

In an age where personal data is a valuable commodity, investing in cyber insurance is not just a prudent choice; it is becoming a necessity for individuals and families alike, says T A Ramalingam.

Kamath's Reliance report by Jan end

Kamath's Reliance report by Jan end

Rediff.com24 Jan 2005

Dassault says Reliance their choice; Not involved, says French govt

Dassault says Reliance their choice; Not involved, says French govt

Rediff.com22 Sep 2018

French government said French companies have the full freedom to select Indian firms for the deal.

Satellite spectrum: Reliance Jio sends second legal opinion to Trai

Satellite spectrum: Reliance Jio sends second legal opinion to Trai

Rediff.com4 Sep 2023

Reliance Jio has sent a second legal opinion to the Telecom Regulatory Authority of India (Trai) on the subject of the potential allocation of satellite spectrum. The letter is written by retired Supreme Court Justice L Nageshwara Rao and argues in favour of auctions, stating that any other method for allocating spectrum apart from auctions could be constitutionally unsound. Business Standard has reviewed the letter.

RBI initiates insolvency proceedings against Reliance Capital

RBI initiates insolvency proceedings against Reliance Capital

Rediff.com2 Dec 2021

The RBI on Thursday filed an application for initiation of Corporate Insolvency Resolution Process (CIRP) against debt-ridden Reliance Capital at the Mumbai bench of the National Company Law Tribunal. The Reserve Bank had on November 29 superseded the board of Anil Ambani-promoted Reliance Capital Ltd (RCL) in view of payment defaults and serious governance issues. The central bank had also appointed Nageswar Rao Y (former executive director, Bank of Maharashtra) as the administrator of the company.

Sensex reclaims 79K level, Nifty surges 557.35 points

Sensex reclaims 79K level, Nifty surges 557.35 points

Rediff.com22 Nov 2024

Hectic buying in blue chip counters like Reliance Industries, IT and teck shares boosted market sentiment. State Bank of India, Tata Consultancy Services, Titan, ITC, Infosys, Larsen & Toubro, Reliance Industries and Bajaj Finance were the biggest gainers.

What makes Reliance Retail a unique venture in India?

What makes Reliance Retail a unique venture in India?

Rediff.com31 Oct 2021

Even as regulatory focus has zeroed in on foreign e-commerce giant Amazon, a domestic retail giant has been created almost below the radar in Reliance Retail (RR), one of the most crucial businesses for the group's future. From doorstep delivery of groceries, apparels to branded jewellery, medicines, toys, furniture to high street retailing, RR's presence in the world's fourth largest consumer market is just one part of the story.

Stocks of these 4 sectors gain as Brent crude oil slips below $70/bbl

Stocks of these 4 sectors gain as Brent crude oil slips below $70/bbl

Rediff.com7 Mar 2025

Oil marketing companies (OMCs), paint manufacturers, tyre producers, and aviation stocks witnessed significant gains as Brent crude oil prices slipped below $70 per barrel. The price drop came after a double blow: The US imposed tariffs on Canada and Mexico, including energy imports, and OPEC+ - the group of major oil-producing nations including Russia - announced an output increase of 138,000 barrels per day, the first such hike since 2022.

Reliance to launch WLL service on Friday; analysts

Reliance to launch WLL service on Friday; analysts

Rediff.com26 Dec 2002

Reliance Infocomm Ltd, which is building a $5 nationwide fibre-optic network, will on Friday launch its limited radius mobility service which analysts say will intensify a tariff war and expand the market.

'No project completed on time', IAF chief uses Salman Khan's dialogue

'No project completed on time', IAF chief uses Salman Khan's dialogue

Rediff.com29 May 2025

Chief of Air Staff Air Chief Marshal A P Singh on Thursday flagged serious concerns over inordinate delays in various defence acquisition projects and failure to stick to delivery schedules for supply of key platforms even as he hailed Operation Sindoor as a 'national victory'.

Top Biz Families Fuel 20% Of CSR Spends

Top Biz Families Fuel 20% Of CSR Spends

Rediff.com6 Mar 2025

Tatas, Ambanis, Adanis, Birlas contributed an average of Rs 800 crore to Rs 1,000 crore per family group.

Manohar Joshi courts arrest against Reliance SEZ

Manohar Joshi courts arrest against Reliance SEZ

Rediff.com16 Aug 2007

Senior Shiv Sena leader Manohar Joshi courted arrest at Belapur on Thursday along with party workers as part of the 'jail bharo andolan' to protest the Mahamumbai special economic zone of Reliance group in Raigad.

Top 5 family-owned biz groups see a mixed Q1; net profits up 13.9%

Top 5 family-owned biz groups see a mixed Q1; net profits up 13.9%

Rediff.com1 Sep 2023

April-June 2023 (Q1FY24) was a mixed quarter for India's top family-owned business groups. Three of the big five in terms of revenue reported a year-on-year (Y-o-Y) decline in combined net sales and two saw a Y-o-Y fall in net profits. Combined net sales of all listed companies in the five groups were up just 2.2 per cent Y-o-Y at Rs 6.6 trillion in the quarter, down sharply from the 10.3 per cent in the March 2023 quarter (Q4FY23) and 42.8 per cent in Q1FY23.

RIL, L&T, and JSW line up new energy projects for 2025

RIL, L&T, and JSW line up new energy projects for 2025

Rediff.com20 Jan 2025

Some of India's largest conglomerates are gearing up to either commission or commercially start the first phase of their new energy projects this year, according to company executives and analysts.

Gulveer shatters Asian record, qualifies for World C'ships

Gulveer shatters Asian record, qualifies for World C'ships

Rediff.com22 Feb 2025

India's Asian Games bronze medallist Gulveer Singh smashed the Asian Indoor 5000m record while also qualifying for the World Athletics Championships to be held later this year.

Scrap Reliance SEZ in UP, says Mayawati

Scrap Reliance SEZ in UP, says Mayawati

Rediff.com24 May 2007

A high level committee had found the lapses and hence the government has decided to recommend the irregularities to the Centre.

Reliance's new movers and shakers

Reliance's new movers and shakers

Rediff.com5 Sep 2016

The old guard is still involved in broad corporate decision-making, but quite a few new business heads have started making their mark at the group

Reliance Jio opens 4G service for public but on invite basis

Reliance Jio opens 4G service for public but on invite basis

Rediff.com5 May 2016

Reliance group firm employee under the scheme can invite 10 people to buy Jio's 4G sim and LYF Handset.

20 years at Reliance helm: Mukesh Ambani redefines scale, business growth

20 years at Reliance helm: Mukesh Ambani redefines scale, business growth

Rediff.com29 Dec 2022

At the 45th Annual General Meeting of Reliance Industries (RIL) in August, chairman and managing director (CMD) Mukesh Ambani described the company as an "unputdownable book" with never-ending chapters of success. "Reliance grew from strength to strength because we internalised the founder's mindset of purpose, philosophy and passion," he said. Wednesday marked the 90th birth anniversary of RIL founder Dhirubhai Ambani.

Now Reliance's name dragged into Invesco, Zee battle

Now Reliance's name dragged into Invesco, Zee battle

Rediff.com13 Oct 2021

Invesco, the single largest shareholder of Zee Entertainment Enterprises Ltd (ZEEL), on Wednesday said it had tried to facilitate a possible deal between Reliance and the company but refuted claims it had pushed for the transaction at a lower valuation. The latest statement from Invesco comes a day after ZEEL chief Punit Goenka told the company's board that Invesco had come with a proposal in February for a merger with certain entities owned by a large Indian group (Strategic Group) with inflated valuation "by at least Rs 10,000 crore". In a statement on Wednesday, Invesco mentioned that Reliance was the large Indian group.

Combined revenue of listed Tata group's firms tops Rs 10 trillion

Combined revenue of listed Tata group's firms tops Rs 10 trillion

Rediff.com29 May 2023

Led by Tata Motors and Tata Consultancy Services (TCS), the combined revenue of the Tata group's listed firms crossed the Rs 10-trillion mark for the first time, in 2022-23. The group's 14 key listed companies in which Tata Sons holds a direct equity stake reported a combined revenue of Rs 10.07 trillion in FY23, up 15.3 per cent from Rs 8.73 trillion in FY22. The combined net profit of these companies was, however, down 10.6 per cent year-on-year (YoY) at Rs 66,670 crore in FY23, from a record high of Rs 74,540 crore in the previous financial year, when the profit had jumped 156 per cent YoY, aided by Tata Steel's strong showing.

RIL denies any intent to bid for UK telecom group BT

RIL denies any intent to bid for UK telecom group BT

Rediff.com29 Nov 2021

Reliance Industries on Monday categorically denied any intent to bid for the UK telecom group, BT. RIL dismissed a report titled `Reliance mulling bid for UK's telco BT Group' as "completely speculative and baseless". "We categorically deny any intent to bid for the UK telecom group, BT, formerly British Telecom, as reported in the article...," Reliance Industries Ltd (RIL) said in a communication to BSE.