reliance industries

Reliance Industries can become 1st Indian firm to hit $200 bn m-cap in 24 months

Reliance Industries (RIL) is India's largest petrochemical and second-largest oil refining company.

Reliance Industries to swap diesel for Venezuelan crude oil

Although US oil sanctions imposed on Venezuela in January 2019 have no direct secondary component, oil companies such as Reliance Industries (RIL) that have a significant US presence have curtailed their commercial ties with the Opec nation.

What RJio’s IUC move means for the parent’s valuation

Market Headstart: Nifty seen opening lower; Bharti Airtel, Axis Bank top buys

Trends on SGX Nifty indicate a negative opening for the broader index in India, with a 51 points loss or 0.45 percent. Nifty futures were trading around 11,287-level on the Singaporean Exchange.

Saudi Arabia commits to meet oil supplies to Reliance Industries

Saudi is India's second-biggest oil supplier behind Iraq. It supplies roughly a fifth of India's oil imports.

Reliance Industries says Mukesh Ambani's shareholding has not increased in company

The company's filing to stock exchanges for the shareholding pattern for the quarter ended June 30, 2019, showed promoter group holding at 47.29 per cent.

Bharti Airtel, Vodafone Idea correct 1-5% on losing more subscribers in July

TRAI said total wireless subscribers (GSM, CDMA & LTE) increased from 116.55 crore at the end of Jun-19 to 116.83 crore at the end of Jul-19, thereby registering a monthly growth rate of 0.24%.

Reliance Industries gains as promoter increases stake to 48.87%

Reliance Services and Holdings Limited acquired more than 2.71 stake in Reliance Industries.

Reliance Industries seeks $5.4 minimum price for new gas from KG-D6

Reliance and its partner BP Plc of the UK have sought bids from potential users for the 5 million standard cubic metres per day of natural gas they plan to produce from the R-Cluster Field in KG-D6 block from second quarter of 2020.

Here's how to trade Indiabulls Housing, Tata Motors & RIL in coming days

By applying concepts like Time cycles, Channels and indicators like RSI or the Relative Strength Index, one can still derive amazing trades from these stocks.

RIL's plan to become debt-free in 18 months: Credit Suisse upgrades stock

The brokerage factored in stronger balance sheet with debt reduction of $22 billion till FY21, and low capex intensity guidance and higher Jio valuation.

Fitch Ratings revises RIL outlook to positive

Fitch said the outlook on the local-currency IDR was revised to positive due to RIL's potential to deleverage further

Chart Check: Here’s what to do with YES Bank, RIL, HDFC, Bajaj Finance & Bajaj Finserv

We spoke to an analyst to get an insight into the technicals of these stocks and where are they headed in the short term.

Market highlights: Here are 10 key developments of the day

Investors remained anxious as to see when and if the government will announce its decision on tax surcharge on FPIs and measures to stem the weakening economy

RIL surges 12%, posts biggest one-day gain in 10 years after AGM

Ambani assured shareholders that Reliance will reward them abundantly through higher dividends, periodic bonus issues and other means, and at a more accelerated pace than any time in company's history.

Macquarie, Morgan Stanley upgrade RIL; brokerages see up to 38% upside

Most global brokerage firms maintained their rating on RIL post the AGM. The most aggressive target price was put out by Nomura of Rs 1600 which translates into a rise of nearly 38%.

Reliance Retail: A bright future in store

Reliance to partner with Saudi Aramco, BP – Systematic monetisation in core business

The Reliance model of development

Investors will appreciate the initiatives announced at the RIL AGM, not least the partnership with Microsoft. The stage has been set for a re-rating of the RIL stock.

RIL AGM 2019 Highlights: From JioFiber to Saudi Aramco: Here's what transpired through the day

Reliance Industries' chairman and managing director Mukesh Ambani said that they have a clear roadmap to become a zero net-debt company by March 31, 2021

RIL to open 4-5% higher on August 13; stock price likely to double in 2 years: Analysts

In the last one year, Reliance Industries became India's largest and most profitable company

Full text: Mukesh Ambani's address at RIL's 42nd AGM

Here's the full text of RIL CMD Mukesh Ambani's address at the 42nd Annual General Meeting

RIL to list Jio and Reliance Retail within next five years

Reliance Retail, with presence in nearly 7,000 towns and cities, achieved a significant milestone with turnover crossing Rs 1.3 lakh crore in the last year

Aim to be among the world’s Top 20 retailers in 5 years: Mukesh Ambani

Two-thirds of Reliance Retail stores are located in Tier 2, 3 and 4 towns and half of fresh fruits and vegetables are sold in India

Reliance Industries AGM: Here are key takeaways from Mukesh Ambani's speech

Mukesh Ambani said RIL is ready to kickstart four key engines this year—Internet of Things (IoT), Home Broadband, Enterprise & MSME Broadband—with annual revenue opportunity for Jio at Rs 20,000 crore from IoT only