Reliance Industries (RIL) is a Fortune 500 company and the largest private sector corporation in India. With the motto “Growth is Life”, Reliance evolved from being a textiles and polyester company to an integrated player across energy, materials, retail sector, entertainment and digital services. Its operations span from exploration and production of oil and gas to the manufacture of petroleum products, polyester products, polyester intermediates, plastics, polymer intermediates, chemicals, synthetic textiles and fabrics. As per its website, Reliance has generated shareholder value of 32 percent market capitalisation (CAGR) since IPO. It has employee value of 1.8 crore hours in terms of man hours of training imparted and societal value through generation of over 50 lakh indirect employment. It is also the highest payer of customs and excise duty in the private sector. Reliance Jio has 426.2 million subscribers, the conglomerate runs the world's largest refinery at a single location, 1 in every 2 Indians is a consumer of its media content, and it is the first Indian retailer to cross $10 billion in revenue. RIL is also heavily involved in Corporate Social Responsibility (CSR) initiatives in education, health, environment and social development, which forms a sizeable chunk of its community outreach programmes. Nearly 400,000 people benefit from these continuing programmes every month, as per the website. More
The launch will feature a specially curated art and craft exposition called ‘Swadesh’ along with three blockbuster shows – a musical theatrical called ‘The Great Indian Musical: Civilization to Nation’; a costume art exhibition called ‘India in Fashion’ and a visual art show called ‘Sangam/Confluence’.
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Industry experts feel the iconic desi cola will require more than heritage value and nostalgia to create a stir.
Jio-bp has announced that it has installed the first set of EV charging points at Piramal Vaikunth in Thane.
The company would open its first offline Tira store in Mumbai and plans to expand its presence in the country, both in a 'shop-in-shop' format and standalone stores.
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Speaking at the Andhra Pradesh Global Investors Summit, Ambani, Chairman and Managing Director of Reliance Industries Ltd, said his group is investing Rs 40,000 crore for rollout of ultra-high speed 5G telephony network in the state.
Bajaj Finance, Bajaj Finserv and Adani ports saw the highest upgrades over the past one quarter.
Last week, the BSE benchmark tumbled 1,538.64 points or 2.52 per cent amid concerns that the US Federal Reserve might raise interest rates further to curb inflation.
Global index provider MSCI announced the results of the quarterly review of its global standard indices. Four of the Adani group stocks have survived expulsion from the indices amid a free float review. Among the other notable changes, HCL Tech, JSPL, and Shriram Finance also saw reduced weightage on the index. On the other hand, Bluechips like Reliance Industries, HDFC, Infosys, ICICI Bank, and TCS saw an increase in weightage. How will the MSCI rejig impact these stocks? Watch the full video to know
RIL will invest Rs 75,000 crore in Uttar Pradesh over the next four years spanning telecom, retail and new energy sectors, which will create over 1 lakh jobs, Ambani has said
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Reliance Retail has partnered with Innoviti Technologies, ICICI Bank & Kotak Mahindra Bank to enable acceptance of Digital Rupee
The top losers on the Nifty were Adani Ports, Adani Enterprises, ICICI Bank, SBI and BPCL. Nifty Auto, Pharma and FMCG managed to end higher, as other sectors tanked
Nita Ambani and Isha Ambani Piramal chose to wear traditional outfits with heavy gold embroidery at the festivities during Anant Ambani and Radhika Merchant's engagement.
Reliance Industries, the country's largest company by market capitalisation, has announced its standalone and consolidated financial results for Q3 FY23. The conglomerate delivered strong operating performance for the quarter ended December FY23, with contribution from all segments including Jio and retail business. Moneycontrol’s Karunya Rao and Rachita Prasad decode company's quarterly performance. Disclaimer: Moneycontrol is a part of the Network18 group. Network18 is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.
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Reliance Industries chairman Mukesh Ambani has ranked second on Brand Finance’s list of the world’s top CEOs released by Brand Finance.
Reliance Industries is all set to report its Q3 results today. Revenue is set to grow by 21%, powered by Jio and retail biz. Moneycontrol's Karunya Rao & Geojit Financial's Gaurang Shah discuss key expectations from the results.
As EVs take the centrestage at this year’s auto expo, we discuss if the time is right to invest in this theme and how to play it right. Other stocks in focus are HUL, Reliance Industries, ICICI Bank, Sun Pharma and TCS.
RIL's net profit is expected to grow 4.4 percent to Rs 16,366 crore from a year earlier and sequentially by 19.7 percent, according to the average of estimates of brokerages polled by Moneycontrol
In a notice, Reliance and its partner BP Exploration (Alpha) Ltd (BPEAL) said the auction has been suspended indefinitely.
"Apart from their existing investment of Rs 9,500 crores, Jio is additionally investing over Rs 2,500 crores to deploy True 5G network in Assam," Chief Minister Himanta Biswa Sarma said.