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Reliance Industries Ltd

Russian oil finds its way to Europe via India; India now biggest exporter of fuel to EU

Russian oil finds its way to Europe via India; India now biggest exporter of fuel to EU

Sun, Nov 10, 2024

India's export of fuels like diesel to the European Union jumped 58 per cent in the first three quarters of 2024, with a bulk of them likely coming from refining discounted Russian oil, according to a monthly tracker report.

LIC acquires 6.66% shareholding in Jio Financial Services through demerger action

LIC acquires 6.66% shareholding in Jio Financial Services through demerger action

Tue, Aug 22, 2023

LIC has acquired a 6.660% shareholding in Jio Financial Services Ltd. through a demerger action by Reliance Industries Ltd. LIC said that the cost of the acquisition of shares is 4.68% of the pre-demerged cost of Reliance Industries Limited as per the notice of the company dated July 19, 2023 to the stock exchanges.

Reliance Industries hits 52-week high, here's why the stock is in focus

Reliance Industries hits 52-week high, here's why the stock is in focus

Mon, Jul 10, 2023

Reliance Industries share price: The stock rallied after the oil-to-telecom conglomerate announced plans to demerge its financial services undertaking into Reliance Strategic Investments Limited (RSIL) and rename and list it as Jio Financial Services Limited (JFSL).

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Mukesh Ambani-led Reliance Industries, BP withdraw gas price challenge against Govt

Mukesh Ambani-led Reliance Industries, BP withdraw gas price challenge against Govt

Fri, Jun 23, 2017

Mukesh Ambani-led Reliance Industries and its partner BP have withdrawn a legal challenge against the government over delay in gas price revision, which will now entitle the two companies to marketing and pricing freedom on the natural gas they produce from newer fields in the deepsea at an investment of Rs 40,000 crore by 2022.

RIL-BP will invest INR 4000 crore in energy sector

RIL-BP will invest INR 4000 crore in energy sector

Fri, Jun 16, 2017

Reliance Industries Ltd and BP will together invest INR 4000 crore in energy sector. Also, 32 Indian companies consider themselves bankrupt. Finance department has forwarded a list of 81 such companies to the RBI. About Zee Business --------------------------

Reliance Jio's free services cost them Rs 22.5 crore

Reliance Jio's free services cost them Rs 22.5 crore

Tue, Apr 25, 2017

Reliance Jio has garnered 10.89 crore paid subscribers till March 31 but losses on account of free services widened for the company. The newcomer has recorded net loss of Rs 22.5 crore which was higher than a year ago at Rs 7.46 crore.

Reliance Industries Q4FY17 result beat estimates; net profit rise by 13%

Reliance Industries Q4FY17 result beat estimates; net profit rise by 13%

Mon, Apr 24, 2017

In the whole financial year, the company reported a net profit of Rs 31,425 crore, an increase of 15% as compared to Rs 27,384 crore in FY16.

Jio discontinues Summer Surprise offer but you can still subscribe; here's how

Jio discontinues Summer Surprise offer but you can still subscribe; here's how

Fri, Apr 07, 2017

Reliance Jio on Thursday said that it is bringing an end to the extension of Jio Prime membership offer and Summer Surprise Offer as advised by telecom regulator TRAI.

Jio to earn Reliance Rs 21,300 crore but may drag cash flows, Moody's claims

Jio to earn Reliance Rs 21,300 crore but may drag cash flows, Moody's claims

Wed, Apr 05, 2017

Addition of 72 million paid subscribers to its Reliance Jio 4G network is credit positive for the company, Moody's said in a statement on April 5, 2017.

RIL instructed to give 30 crore to ONGC

RIL instructed to give 30 crore to ONGC

Wed, Apr 05, 2017

RIL instructed to give 30 crore to ONGC

YouTube unveils India mobile app for spotty internet signals

YouTube unveils India mobile app for spotty internet signals

Wed, Apr 05, 2017

Alphabet Inc`s Google said on Tuesday it would roll out a mobile YouTube application designed for India, boosting the search company`s presence in a burgeoning market with spotty Internet access.

Reliance completes sale of 76% interest in Gulf Africa Petroleum Corporation

Reliance completes sale of 76% interest in Gulf Africa Petroleum Corporation

Wed, Mar 29, 2017

Indirect wholly owned subsidiary of Reliance Industries Limited (RIL), Reliance Exploration & Production DMCC (REPDMCC) announced on Wednesday that it completed the transaction for sale of its interests in Gulf Africa Petroleum Corporation (GAPCO).

Four days left for Jio Prime membership; should you subscribe?

Four days left for Jio Prime membership; should you subscribe?

Mon, Mar 27, 2017

With only four days to go for customers to enrol into Reliance Jio’s ‘Prime’ the company has pulled out all the stops and launched additional bumper proposals to push for this offer.

Is Reliance Jio really offering you broadband internet?

Is Reliance Jio really offering you broadband internet?

Wed, Mar 15, 2017

Three weeks ago when Managing Director of Reliance Industries Ltd took centre stage he said that Jio has been vital in improving India’s position in data usage.

Reliance Industries Ltd shares worth Rs 50,000 crore change hands on BSE

Reliance Industries Ltd shares worth Rs 50,000 crore change hands on BSE

Thu, Mar 09, 2017

Reliance Industries shares worth over Rs 50,000 crore changed hands on the BSE today, days after the company announced major shareholding rejig among its promoter group entities.

Well positioned to garner more than 50% market revenue share, Reliance Jio says

Well positioned to garner more than 50% market revenue share, Reliance Jio says

Fri, Mar 03, 2017

New comer, Reliance Jio said that it was ‘well positioned to garner more than 50% market revenue share’ in India, in an investor presentation by Reliance Industries Ltd in a BSE filing.

Eight entities of founders to acquire over 118 crore shares of Reliance Industries

Eight entities of founders to acquire over 118 crore shares of Reliance Industries

Thu, Mar 02, 2017

Reliance Industries (RIL) announced on Thursday that eight entities of founder groups will acquire up to 118 crore shares from 15 other founder group entities via ‘inter-se’ transfer.

Reliance Industries writes down nearly Rs 40,000 crore on change in accounting policy

Reliance Industries writes down nearly Rs 40,000 crore on change in accounting policy

Thu, Jan 19, 2017

Reliance Industries Ltd has written down Rs 39,570 crore in value of its oil and gas assets including the flagging KG basin D6 block and US shale gas projects, in view of change in accounting policy.

Reliance Industries writes down nearly Rs 40,000 crore on change in accounting policy

Reliance Industries writes down nearly Rs 40,000 crore on change in accounting policy

Thu, Jan 19, 2017

Reliance Industries Ltd has written down Rs 39,570 crore in value of its oil and gas assets including the flagging KG basin D6 block and US shale gas projects, in view of change in accounting policy.

36.5% of Reliance's Q3 profit come from treasury gains

36.5% of Reliance's Q3 profit come from treasury gains

Tue, Jan 17, 2017

Turnover rose 16.1% at Rs 84,189 crore, despite a 4.3% fall in profitability in Q3 to Rs 6,194 crore.

Reliance Jio's current debt at over Rs 49,000 crore

Reliance Jio's current debt at over Rs 49,000 crore

Mon, Jan 16, 2017

Reliance Jio has also deferred the spectrum payment liability of Rs 21,000 crore to the government.

Reliance's petrochemical business to cover Jio's weak cash generation

Reliance's petrochemical business to cover Jio's weak cash generation

Thu, Nov 03, 2016

In H1FY17, the company had recorded EBIT losses of Rs 8 billion as compared to Rs 7.9 billion in H1FY16.

Mukesh Ambani likely to give update on 4G services at RIL AGM today

Mukesh Ambani likely to give update on 4G services at RIL AGM today

Wed, Aug 31, 2016

Reliance Industries chief Mukesh Ambani is likely to give an update on Thursday on Jio's 4G launch and signal culmination of the $42-billion capex cycle it had earmarked for its other businesses three years ago.

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