News for 'Reliance Industries Limited'

M-cap: Wipro out of top-20 most valued cos list, D-Mart grabs 20th spot

M-cap: Wipro out of top-20 most valued cos list, D-Mart grabs 20th spot

Rediff.com5 Feb 2020

Reliance Industries Limited is the country's most valued firm with a m-cap of Rs 9,17,953.13 crore followed by TCS Rs 8,04,980.33 crore.

Saudi Aramco deal: Reliance tears into govt affidavit

Saudi Aramco deal: Reliance tears into govt affidavit

Rediff.com22 Dec 2019

The affidavit came in response to the government moving the Delhi high court seeking to block Reliance selling 20 per cent stake in its oil and chemical business to Saudi Aramco for $15 billion, in view of pending dues of $3.5 billion in Panna-Mukta and Tapti oil and gas fields. Countering the charges, RIL said it was a 'falsehood' and the petition is an abuse of process.

Sensex plunges 826 points on heightened tensions in the Middle East

Sensex plunges 826 points on heightened tensions in the Middle East

Rediff.com23 Oct 2023

Among the Sensex firms, JSW Steel, Tata Motors, Tata Steel, Tata Consultancy Services, NTPC, Wipro, HCL Technologies, State Bank of India, Larsen & Toubro, UltraTech Cement, IndusInd Bank, Kotak Mahindra Bank, Power Grid and Reliance Industries Limited were the major laggards. Mahindra & Mahindra and Bajaj Finance were the gainers.

Reliance Jio gets provisional nod for TV content distribution

Reliance Jio gets provisional nod for TV content distribution

Rediff.com22 Jun 2015

Jio is now present in all of the 29 states.

Amazon wins interim relief; Future-Reliance deal put on hold

Amazon wins interim relief; Future-Reliance deal put on hold

Rediff.com26 Oct 2020

Amazon on Sunday won an interim award against its partner Future group selling retail business to Reliance Industries for Rs 24,713 crore after a Singapore-based single judge arbitration panel put the deal on hold. Amazon had dragged Future to arbitration after the Kishore Biyani group firm had agreed to sell businesses to billionaire Mukesh Ambani's Reliance.

The Military's New Recruits: Robotic Dogs

The Military's New Recruits: Robotic Dogs

Rediff.com10 Feb 2025

A pet project of the Indian Army, four-legged robotic prototypes have been making waves at the Republic Day and Army Day parades in the past year.

Industry asks PM to remove hurdles to investment

Industry asks PM to remove hurdles to investment

Rediff.com29 Jul 2013

Business leaders met Manmohan Singh to discuss the problems facing the country.

Jio completes 5G coverage planning in top 1,000 cities

Jio completes 5G coverage planning in top 1,000 cities

Rediff.com8 Aug 2022

Country's largest telecom player Jio has completed 5G coverage planning in top 1,000 cities and conducted field trials of its home-grown 5G telecom gears, Reliance Industries said in its annual report. In the report, RIL (Reliance Industries Limited) said that Jio took major steps during 2021-22 in getting ready for 5G with its 100 per cent indigenous technology. The company was the biggest bidder in the recently-concluded 5G spectrum auction.

India enters elite group with Star Wars-style laser weapon for drones

India enters elite group with Star Wars-style laser weapon for drones

Rediff.com13 Apr 2025

Success has put India in the exclusive and limited club of nations that possess the high-power Laser-DEW.

Anil Ambani calls on Deora

Anil Ambani calls on Deora

Rediff.com22 Jun 2010

Official sources indicated on Monday that the government may allocate natural gas to Anil Ambani Group's proposed power plants like the Dadri project in Uttar Pradesh only six months prior to commissioning, as reservation of gas is not allowed under the present policy.

Unknown caller threatens to kill Ambanis, blow up Antilia

Unknown caller threatens to kill Ambanis, blow up Antilia

Rediff.com5 Oct 2022

The person called up the landline number of the Reliance Foundation Hospital, located at Girgaon in south Mumbai, first at 12.57 pm and then at 5.04 pm from an unknown number, a police official said.

Ambani buys Britain's iconic country club Stoke Park

Ambani buys Britain's iconic country club Stoke Park

Rediff.com23 Apr 2021

Billionaire Mukesh Ambani's Reliance Industries Ltd has bought Britain's iconic country club and luxury golf resort, Stoke Park, for 57 million pounds (about Rs 592 crore). The acquisition adds to Reliance's current stake in Oberoi hotels and hotel/managed residences in Mumbai that it's developing. Over the past four years, Reliance has announced $3.3 billion in acquisitions with 14 per cent in retail, 80 per cent in technology, media, and telecom (TMT) sector, and 6 per cent in energy. The UK-based firm, which owns a hotel and golf course in Buckinghamshire, UK, will add to Reliance's consumer and hospitality assets, the firm said in a filing late on Thursday.

Reliance sells last of its US shale gas assets

Reliance sells last of its US shale gas assets

Rediff.com8 Nov 2021

Reliance Industries Ltd has exited the last of its shale gas assets in the US after it agreed to sell its holding in Eagleford shale gas assets for an undisclosed sum of money.

Why Ambani brothers are locking horns again

Why Ambani brothers are locking horns again

Rediff.com7 Aug 2009

The latest Ambani-sibling fight has now become a political battle.

Bharti Airtel Q2 net profit zooms nearly three-fold to Rs 3,593 cr

Bharti Airtel Q2 net profit zooms nearly three-fold to Rs 3,593 cr

Rediff.com28 Oct 2024

Bharti Airtel on Monday reported a 168 per cent year-on-year rise in consolidated net profit to Rs 3,593 crore for the September quarter, and the company unveiled top-level changes, including Gopal Vittal moving into the role of executive vice chairman on January 1, 2026. India's second-largest telco - that competes with Reliance Jio and Vodafone Idea in the Indian telecom market - clocked quarterly revenues of Rs 41,473 crore, 12 per cent higher than the year-ago period, aided by strong momentum in India and growth in Africa.

BSE 100 companies boost R&D, innovation challenges persist

BSE 100 companies boost R&D, innovation challenges persist

Rediff.com13 Oct 2024

Research and development (R&D) spending by BSE 100 companies has grown steadily, rising from 0.89 per cent of revenue in FY20 to 1.32 per cent in FY24, averaging around 1 per cent over the period in-between, according to data compiled from Bloomberg and company annual reports. Also, these companies more than doubled their R&D spending in absolute terms over these five years: From Rs 25,041 crore to Rs 63,072 crore. While this reflects a prioritisation of innovation, corporate R&D investment remains relatively conservative.

NSE revises circuit limits of over 1,400 scrips

NSE revises circuit limits of over 1,400 scrips

Rediff.com7 Nov 2013

This measure will ensure that the price of a scrip cannot move upward or downward beyond a limit set for the day.

Reliance, US firm to bring latest software tech to India

Reliance, US firm to bring latest software tech to India

Rediff.com22 Sep 2015

Ecorithm's powerful suite of technologies can be applied to build systems and various other enterprise solutions to improve operations.

PM promises more reforms to industry captains

PM promises more reforms to industry captains

Rediff.com29 Jul 2013

Industry asked the government to be 'brave and bold' and said that it will rise to the occasion.

Top 10 cos added Rs 5L crores to market cap last week

Top 10 cos added Rs 5L crores to market cap last week

Rediff.com7 Feb 2021

Reliance Industries Limited was leading the chart of the top-10 valued domestic companies, followed by Tata Consultancy Services, HDFC Bank, Infosys, Hindustan Unilever Limited, HDFC, ICICI Bank, Kotak Mahindra Bank, State Bank of India and Bajaj Finance Limited.

Sensex rallies 412 points in volatile trade

Sensex rallies 412 points in volatile trade

Rediff.com8 Apr 2022

The Sensex jumped 412.23 points on Friday, braving heavy volatility during the day, amid the Reserve Bank of India maintaining status quo on the benchmark lending rate and buying in index heavyweights Reliance Industries Limited and ITC. The BSE Sensex climbed 412.23 points or 0.70 per cent to settle at 59,447.18. During the day, the benchmark hit a high of 59,654.44 and a low 58,876.36. The Nifty also gained 144.80 points or 0.82 per cent to finish at 17,784.35.

Reliance is 1st Indian co to cross $100 bn annual revenue

Reliance is 1st Indian co to cross $100 bn annual revenue

Rediff.com6 May 2022

Billionaire Mukesh Ambani's Reliance Industries Ltd on Friday reported a 22.5 per cent rise in net profit for the quarter ended March on the back of bumper oil refining margins, steady growth in telecom and digital services and strong momentum in the retail business. The oil-to-retail-to-telecom conglomerate's consolidated net profit rose to Rs 16,203 crore in the quarter ended March 31, 2022 from Rs 13,227 crore, the firm said in a statement. Net profit, however, fell 12.6 per cent sequentially -- breaking a six-quarter chain of quarter-on-quarter improvement.

Sensex jumps 579 points; Nifty up over 1%

Sensex jumps 579 points; Nifty up over 1%

Rediff.com20 Sep 2022

Equity indices ended higher for the second straight session on Tuesday, with the Nifty rallying over 1 per cent, helped by across-the-board buying and recovery in the US and Asian markets. Foreign fund inflows also added to the momentum. The 30-share BSE Sensex climbed 578.51 points or 0.98 per cent to settle at 59,719.74.

Reliance Retail buys majority stake in Netmeds for Rs 620 cr

Reliance Retail buys majority stake in Netmeds for Rs 620 cr

Rediff.com19 Aug 2020

Reliance Retail Ventures Ltd has acquired a majority equity stake in digital pharma market place Netmeds for a cash consideration of around Rs 620 crore, Reliance Industries said in a late night statement on Tuesday.

Appeal against CIC: Sebi to make RIL party

Appeal against CIC: Sebi to make RIL party

Rediff.com5 Dec 2012

The company should be given a fair chance to be heard in the matter, the judges said and posted the matter for further hearing on December 19.

Two Platts awards for Reliance

Two Platts awards for Reliance

Rediff.com13 Dec 2004

Reliance Retail plans expansion in southern states

Reliance Retail plans expansion in southern states

Rediff.com9 Sep 2009

Reliance Retail (RRL), a subsidiary of the Reliance Industries, is on an expansion mode with plans to add more stores in the southern states.

Reliance Haryana SEZ to get Rs 24-cr refund

Reliance Haryana SEZ to get Rs 24-cr refund

Rediff.com9 Apr 2010

Reliance Haryana SEZ, a joint venture between Reliance Ventures Ltd -- an Reliance Industries subsidiary, and Haryana State Industrial and Infrastructure Development Corporation has so far bought 7,001 acres of land in Jhajjar district and about 1,200 acres and 1,383.68 acres of HSIIDC land in Gurgaon.

India imposes its own 'uniquely burdensome' rules: US

India imposes its own 'uniquely burdensome' rules: US

Rediff.com3 Apr 2025

On India, the chart showed that the country charged 52 per cent tariffs on the US "including currency manipulation and trade barriers," and America will now charge India "discounted reciprocal tariffs" of 26 per cent.

India's Crude Imports Could Face Problems in 2025

India's Crude Imports Could Face Problems in 2025

Rediff.com9 Jan 2025

However, copious oil supplies amid growing global output and slowing Chinese oil consumption will put India in a better bargaining position with Gulf suppliers.

Enemies Beware! Indian Army Set To Boost Long-Range Firepower

Enemies Beware! Indian Army Set To Boost Long-Range Firepower

Rediff.com26 Mar 2025

The ATAGS has a range of 35-45 kilometres, depending on the ammunition used, and achieved a 47-km firing range during trials.

India's most-valued firm: RIL, ONGC in close race

India's most-valued firm: RIL, ONGC in close race

Rediff.com26 Aug 2011

In early afternoon trade, Oil and Natural Gas Corporation toppled Reliance Industries Limited as the country's most valued firm, but its lead lasted only for a few seconds before the private sector corporate giant grabbed the top slot again.

Reliance says it has nothing to gain from new farm laws

Reliance says it has nothing to gain from new farm laws

Rediff.com4 Jan 2021

Facing the brunt of farmer's ire over perception of it being a beneficiary of new farm laws, Reliance Industries on Monday said it neither buys foodgrains directly from farmers nor is it in the business of contract farming. In a statement, billionaire Mukesh Ambani's firm said its subsidiary Reliance Jio Infocomm Limited (RJIL) has filed a petition in the Punjab and Haryana high court seeking "the urgent intervention of government authorities to bring a complete stop to the illegal acts of vandalism (of telecom towers) by miscreants." Reliance said it "has nothing whatsoever to do with the three farm laws currently debated in the country, and in no way benefits from them."

Fall in RIL's reserves in KG-D6 questioned

Fall in RIL's reserves in KG-D6 questioned

Rediff.com28 Nov 2012

Reliance Industries Limited had in late-August filed a revised field development plan for discoveries Dhirubhai-1 and 3 (D1&D3) in KG-DWN-98/3 cutting gas reserves to 3.10 Trillion cubic feet from 10.03 Tcf approved in 2006.

'RIL consulted before finalising KG-D6 draft'

'RIL consulted before finalising KG-D6 draft'

Rediff.com27 Jun 2011

The auditor said that in the case of performance audit on hydrocarbon production sharing contracts, 'interactive meetings were held with two operators, including RIL, prior to the finalisation of the draft performance audit report'.

Gas dispute: Anil's co slams govt role

Gas dispute: Anil's co slams govt role

Rediff.com14 Jul 2009

Blaming RIL for delay in starting its Dadri power project, RNRL said it was RIL's wrongful conduct that delayed its gas-based power plant by four years. However, it had sought a direction to RIL to supply the gas immediatley to it. On July 7, the Supreme Court issued notice to RIL, RNRL and the Centre (as intervener) on cross-appeals by both the companies on their gas supply dispute.

RNRL shares plunge to one-year low

RNRL shares plunge to one-year low

Rediff.com10 May 2010

Reliance Natural Resources Ltd (RNRL) on Monday continued to slide, falling 9.47 per cent to touch a one year-low of Rs 47.75 on the Bombay Stock Exchange, after the Supreme Court ruled against the company in a gas dispute with Reliance Industries.

Sensex ends in red; Nifty edges up 26 points

Sensex ends in red; Nifty edges up 26 points

Rediff.com26 Jun 2023

From the Sensex pack, Tata Consultancy Services, Reliance Industries, NTPC, Bharti Airtel, Power Grid, Larsen & Toubro, HDFC Bank, Kotak Mahindra Bank, Tech Mahindra and HDFC were the major laggards. Maruti, Tata Motors, Titan, UltraTech Cement, Bajaj Finserv, Mahindra & Mahindra, State Bank of India and IndusInd Bank were the biggest gainers.

Mumbai Indians posts full-year loss of Rs 15.42 cr

Mumbai Indians posts full-year loss of Rs 15.42 cr

Rediff.com10 May 2011

Indiawin Sports Pvt Ltd, the owner of Mumbai Indians IPL team that is currently leading the points table in the ongoing Twenty20 cricket tournament, has posted a net loss of Rs 15.42 crore for the fiscal year 2010-11.

Decisions on RIL block after DGH input: Oil Min to PAC

Decisions on RIL block after DGH input: Oil Min to PAC

Rediff.com4 Jan 2012

Reliance Industries was to relinquish 25 per cent of the gas-bearing KG-D6 block in 2004 and a similar area in 2006 but the Directorate General of Hydrocarbons, which was at that time headed by V K Sibal, concluded that hydrocarbon prospectivity "extends over entire block and hence no block area needed to be relinquished."