News for 'Will Reliance Industries'

Markets rebound on heavy buying in RIL, HDFC Bank

Markets rebound on heavy buying in RIL, HDFC Bank

Rediff.com27 Mar 2024

Maruti, Bajaj Finance, Titan, Kotak Mahindra Bank, HDFC Bank, IndusInd Bank, Mahindra & Mahindra and Larsen & Toubro were among the major gainers. Wipro, HCL Technologies, Nestle, Tata Consultancy Services and Tata Motors were among the laggards.

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com14 Jul 2024

As the results season kicks in, the quarterly earnings numbers of several blue-chip firms -- such as Infosys and Reliance Industries -- along with global trends and trading activity of foreign investors, will determine equity market movement in the holiday-shortened week ahead, according to analysts. The domestic WPI inflation data for June -- scheduled to be announced on Monday -- will also influence trading sentiments, traders said. Markets will remain closed on Wednesday for Muharram.

Sensex, Nifty drop on foreign fund outflows, weak US markets

Sensex, Nifty drop on foreign fund outflows, weak US markets

Rediff.com26 Mar 2024

From the Sensex basket, PowerGrid, Bharti Airtel, Wipro, HDFC Bank, Kotak Mahindra Bank, UltraTech Cement, Asian Paints, Infosys and Reliance Industries were the major laggards. Bajaj Finance, NTPC, Larsen & Toubro, Axis Bank, Tata Motors, IndusInd Bank and Bajaj Finserv were among the gainers.

Sensex sinks 1,062 points on selling in index majors

Sensex sinks 1,062 points on selling in index majors

Rediff.com9 May 2024

Asian Paints, JSW Steel, ITC, Bajaj Finance, IndusInd Bank, Tata Steel, NTPC, Bajaj Finserv, HDFC Bank, Reliance Industries and Power Grid were among the laggards. In contrast, Tata Motors, Mahindra & Mahindra, State Bank of India, Infosys and HCL Tech were the gainers.

UAE T20 League: Reliance, KKR, GMR, Adani team owners

UAE T20 League: Reliance, KKR, GMR, Adani team owners

Rediff.com6 Jun 2022

The Emirates Cricket Board will conduct the inaugural International League T20 from January 6 to February 12, 2023, with three IPL franchises owning outfits in the six-team league.

'Bengal Is In Business'

'Bengal Is In Business'

Rediff.com6 Feb 2025

'This is the Bengal story, where businesses are nurtured, dreams are realised, and legacies are built.'

'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'.

Amazon to invest Rs 2,000 cr in India to expand logistics, improve safety

Amazon to invest Rs 2,000 cr in India to expand logistics, improve safety

Rediff.com20 Jun 2025

Amazon will invest more than Rs 2,000 crore (about $233 million) in India in 2025 as it strengthens its logistics and safety standards, said the ecommerce company on Thursday.

Sensex down 319 points amid foreign fund outflows

Sensex down 319 points amid foreign fund outflows

Rediff.com16 Oct 2024

From the 30 Sensex firms, Mahindra & Mahindra, Infosys, Kotak Mahindra Bank, JSW Steel, Adani Ports, Tata Motors, Adani Ports, ITC and Titan were the major laggards. HDFC Bank, Bharti Airtel, Reliance Industries, Asian Paints and State Bank of India were the gainers.

Markets end in red; dragged down by RIL Kotak Mahindra

Markets end in red; dragged down by RIL Kotak Mahindra

Rediff.com22 Jul 2024

ITC, State Bank of India, HCL Technologies and IndusInd Bank were the other big laggards. NTPC, UltraTech Cement, HDFC Bank and Mahindra & Mahindra were among the gainers.

Can Uday Shankar Recreate At Reliance-Disney What He Did In Star TV?

Can Uday Shankar Recreate At Reliance-Disney What He Did In Star TV?

Rediff.com11 Mar 2024

'The whole narrative will change from TV is dying to TV-plus-digital is the future.'

Sensex, Nifty end flat amid volatile trade

Sensex, Nifty end flat amid volatile trade

Rediff.com10 Dec 2024

Finance, ICICI Bank, Mahindra &h Mahindra, Kotak Mahindra Bank and Titan were among the gainers. Bharti Airtel, Adani Ports, Tech Mahindra, Reliance Industries, Axis Bank, Larsen & Toubro were the laggards.

Sensex drops 111 points on FII selling, high inflation

Sensex drops 111 points on FII selling, high inflation

Rediff.com14 Nov 2024

From the 30-share Sensex pack, Hindustan Unilever, NTPC, Nestle, IndusInd Bank, Power Grid, Adani Ports, Tata Motors and Bajaj Finserv were the major laggards. Reliance Industries, Kotak Mahindra Bank, Tech Mahindra, Mahindra & Mahindra and HDFC Bank were among the gainers.

RIL to invest additional Rs 20,000 cr in Bengal in 3 years: Mukesh Ambani

RIL to invest additional Rs 20,000 cr in Bengal in 3 years: Mukesh Ambani

Rediff.com21 Nov 2023

Reliance Industries chairman and MD Mukesh Ambani on Tuesday announced an additional Rs 20,000-crore investment for West Bengal over the next three years. Ambani said the fresh investment will be in the areas of digital life solutions, retail and bio-energy.

Sensex zooms 1,223 points on gains in Reliance, HDFC twins

Sensex zooms 1,223 points on gains in Reliance, HDFC twins

Rediff.com9 Mar 2022

From the 30-share pack, Asian Paints, Reliance Industries Limited, Bajaj Finance, Mahindra & Mahindra, Indusind Bank, Bajaj Finserv, Maruti Suzuki, HDFC Bank and UltraTech Cement were the major gainers, jumping up to 5.56 per cent.

Sensex breaches 78K for 1st time, Nifty @ record high

Sensex breaches 78K for 1st time, Nifty @ record high

Rediff.com25 Jun 2024

Among the 30 Sensex companies, Axis Bank, ICICI Bank, HDFC Bank, Tech Mahindra, Larsen & Toubro, Bajaj Finserv, State Bank of India, Reliance Industries and Infosys were the biggest gainers. Power Grid, Asian Paints, Tata Steel, Nestle, Maruti and JSW Steel were among the laggards.

Despite Sanctions, India's Russian Oil Imports Surge

Despite Sanctions, India's Russian Oil Imports Surge

Rediff.com1 Feb 2025

Russian shipments averaged 1.67 million barrels per day in January compared to 1.48 million bpd in December and 1.53 million bpd a year earlier.

Trump Diktat Threatens Oil PSUs Dividends In Venezuela

Trump Diktat Threatens Oil PSUs Dividends In Venezuela

Rediff.com3 Apr 2025

ONGC's overseas arm applied for a sanctions waiver to access $500 million dividend from two Venezuelan projects.

Do you agree with Piyush Goyal's comments on Indian startups?

Do you agree with Piyush Goyal's comments on Indian startups?

Rediff.com8 Apr 2025

Commerce and Industry Minister Piyush Goyal on Thursday asked the Indian startup community to shift their focus from grocery delivery and ice cream making to to high tech sector like semiconductor, machine learning, robotics, and artificial intelligence. He also said there is a need for more Indian investors into the startup ecosystem.

RIL, bank stocks drag Sensex down by 790 points

RIL, bank stocks drag Sensex down by 790 points

Rediff.com28 Feb 2024

Among the Sensex firms, Power Grid, IndusInd Bank, Maruti, Wipro, Tata Steel, JSW Steel, Asian Paints, Mahindra & Mahindra, Reliance Industries and UltraTech Cement were the biggest laggards. Hindustan Unilever, Infosys and Tata Consultancy Services and Bharti Airtel were the gainers.

'Weaponising Water Poses Serious Risks For India'

'Weaponising Water Poses Serious Risks For India'

Rediff.com5 May 2025

'Militarily, it risks escalating tensions with Pakistan, potentially triggering conflict due to Pakistan's heavy reliance on the Indus.'

Reliance Takes Another Bite At Dairy

Reliance Takes Another Bite At Dairy

Rediff.com18 Apr 2023

This is the Mukesh Ambani-led company's second entry into the dairy segment and it will directly compete with Amul and Mother Dairy.

Reliance to acquire Metro AG's India business for Rs 2,850 crore

Reliance to acquire Metro AG's India business for Rs 2,850 crore

Rediff.com22 Dec 2022

Reliance Industries Ltd will acquire German firm Metro AG's wholesale operations in India for Rs 2,850 crore as the conglomerate run by billionaire Mukesh Ambani seeks to strengthen its dominant position in India's mammoth retail sector. "Reliance Retail Ventures Limited (RRVL), a subsidiary of Reliance Industries Ltd, signed definitive agreements to acquire a 100 per cent equity stake in Metro Cash & Carry India for a total cash consideration of Rs 2,850 crore, subject to closing adjustments," said a joint statement. Through this acquisition, Reliance Retail will get access to a network of Metro India stores located in prime locations across key cities, along with a large base of registered kiranas and other institutional customers, and a strong supplier network.

A Nuclear Scientist Who Advocated Disarmament

A Nuclear Scientist Who Advocated Disarmament

Rediff.com4 Jun 2025

M R Srinivasan focused on the peaceful use of nuclear power at a time when the popular view among the 'hawks' was that India should build a nuclear arsenal as a deterrent.

Who Are India's Newest Billionaires?

Who Are India's Newest Billionaires?

Rediff.com11 Oct 2024

The collective wealth of the 100 richest went past $1 trillion for the first time.

Reliance Retail aims at 2025 IPO after valuation jump

Reliance Retail aims at 2025 IPO after valuation jump

Rediff.com5 Oct 2023

Reliance Retail Ventures Ltd (RRVL) is discussing a three-pronged plan that includes an additional divestment of $250-300 million this year, apart from what it has diluted in favour of the Qatar Investment Authority (QIA) and US-based private equity fund KKR recently.

Markets cheer Trump's triumph; Sensex soars 901 points

Markets cheer Trump's triumph; Sensex soars 901 points

Rediff.com6 Nov 2024

From the 30-share Sensex pack, Tata Consultancy Services and Infosys jumped over 4 per cent each. HCL Technologies, Tech Mahindra, Adani Ports, Larsen & Toubro, Maruti and Reliance Industries were also among big gainers. Titan, IndusInd Bank, Hindustan Unilever, Axis Bank and HDFC Bank were the laggards.

Govt may use reserve oil funds to finance fertiliser subsidy gap

Govt may use reserve oil funds to finance fertiliser subsidy gap

Rediff.com18 Feb 2025

For the first time, the government is likely to dip into the Oil Industry Development Fund (OIDF) to finance part of its fertiliser subsidy programme for 2025-26, according to official sources. The finance ministry has accounted for Rs 23,000 crore in the FY26 Budget as net additional resources to be drawn from dedicated reserve funds, including the OIDF, the Agriculture Infrastructure and Development Fund, and the Universal Service Obligation Fund.

CCI nods Reliance's Rs 2,850 crore buy of Metro's India biz

CCI nods Reliance's Rs 2,850 crore buy of Metro's India biz

Rediff.com14 Mar 2023

The Competition Commission of India (CCI) on Tuesday said it has approved Reliance Retail Venture's acquisition of German firm Metro AG's wholesale operations in India. Reliance Retail Ventures Ltd (RRVL) is a subsidiary of Reliance Industries Ltd (RIL) while Metro Cash & Carry India is engaged in the wholesale operations in India. In December last year, it was announced that RRVL had signed definitive agreements to acquire a 100 per cent equity stake in the company for a total cash consideration of Rs 2,850 crore.

Ambanis Own 10% of India's Wealth

Ambanis Own 10% of India's Wealth

Rediff.com9 Aug 2024

The Adani family, led by Chairman Gautam Adani, is the most valued first-generation family business at Rs 15.44 trillion.

FY25 trade deficit with China close to $100 bn amid dumping concerns

FY25 trade deficit with China close to $100 bn amid dumping concerns

Rediff.com24 Apr 2025

India's trade deficit with China neared $100 billion in FY25, amid escalating concerns of dumping, data released by the commerce department on Wednesday showed. Chinese imports rose by 11.5 per cent to $113.45 billion, while outbound shipments to the neighbouring country saw 14.5 per cent contraction to $14.2 billion.

Flipkart CEO Krishnamurthy signals strong growth amid India IPO plans

Flipkart CEO Krishnamurthy signals strong growth amid India IPO plans

Rediff.com27 May 2025

Flipkart Group Chief Executive Kalyan Krishnamurthy on Monday said the firm was advancing preparations for a potential initial public offering (IPO) in India, which included shifting its holding company to India from Singapore. Speaking at an internal town hall, Krishnamurthy said the company's leadership structure is strengthening and that the steps toward relocating Flipkart's legal base to India are progressing as planned, according to people familiar with the matter.

Sensex up 110 pts in choppy trade, banks gain ahead of RBI policy

Sensex up 110 pts in choppy trade, banks gain ahead of RBI policy

Rediff.com4 Dec 2024

Benchmark Sensex advanced 110 points in a choppy trade on Wednesday, extending its gains to the fourth day in a row helped by buying in HDFC Bank, ICICI Bank and fresh foreign fund inflows. The 30-share barometer rose by 110.58 points or 0.14 per cent to settle at 80,956.33 with 14 of its constituents ending with gains and 16 stocks with losses. During the day, it jumped 399.64 points or 0.49 per cent to 81,245.39 and dipped to a low of 80,630.53.

FPI selling spree, IT stocks dampen investor sentiment

FPI selling spree, IT stocks dampen investor sentiment

Rediff.com18 Nov 2024

From the 30-share Sensex pack, Tata Consultancy Services, Infosys, NTPC, HCL Technologies, Axis Bank, Tech Mahindra, Bajaj Finserv, Sun Pharma, IndusInd Bank and Reliance Industries were the major laggards. Tata Steel, Hindustan Unilever, Mahindra & Mahindra, Nestle and State Bank of India were among the gainers.

UP traders to boycott Turkish imports over Pak support

UP traders to boycott Turkish imports over Pak support

Rediff.com14 May 2025

India imports goods worth over Rs 1,200 crore from Turkey annually, including a significant share of fruits like apples.

RIL, Infosys lead rebound; Sensex gains 820 points

RIL, Infosys lead rebound; Sensex gains 820 points

Rediff.com9 Aug 2024

Most of the Sensex firms settled in the positive territory. Mahindra & Mahindra, Tata Motors, Tech Mahindra, JSW Steel, State Bank of India, HCL Technologies, Reliance Industries and Infosys were the biggest gainers. Kotak Mahindra Bank and Maruti were the laggards.

Reliance partners Brookfield for India data centre business

Reliance partners Brookfield for India data centre business

Rediff.com24 Jul 2023

Reliance Industries Ltd on Monday announced an agreement to invest alongside Brookfield Infrastructure and Digital Realty in special purpose vehicles developing data centres in India. Reliance will hold a 33.33 per cent stake in each of the five Indian special purpose vehicles and become an equal partner, the company said in a statement. Digital Realty Trust, Inc is the largest provider of cloud and carrier-neutral data centre, colocation and interconnection solutions globally with 300+ data centres across 27 countries.

Sensex, Nifty jump nearly 2% powered by rally in RIL

Sensex, Nifty jump nearly 2% powered by rally in RIL

Rediff.com29 Jan 2024

Tata Motors, Power Grid, Larsen and Toubro, Kotak Mahindra Bank, NTPC, Titan and UltraTech Cement were the other major gainers. ITC, Infosys, JSW Steel, Tech Mahindra and Tata Consultancy Services were the laggards.

RIL's Q2 net falls 5% on weak O2C business

RIL's Q2 net falls 5% on weak O2C business

Rediff.com14 Oct 2024

Reliance Industries Ltd on Monday reported a 5 per cent fall in the net profit for the July-September quarter, as weak oil refining and petrochemical business hurt operational performance.

Four of top-10 firms add Rs 2.31 lakh cr in m-cap; Reliance lead gainer

Four of top-10 firms add Rs 2.31 lakh cr in m-cap; Reliance lead gainer

Rediff.com5 Jun 2022

Four of the 10 most valued domestic firms together added a whopping Rs 231,320.37 crore in market valuation last week, with market heavyweight Reliance Industries contributing the most to the overall gains. Last week, the Sensex jumped 884.57 points or 1.61 per cent. While TCS, Infosys and ICICI Bank were the other gainers from the top-10 pack, HDFC Bank, HUL, LIC, SBI, HDFC and Bharti Airtel faced erosion from their market valuation.