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  • Reliance Industries: On a four-lane superhighway Feb 23, 2021 12:32 PM IST

    Reliance Industries: On a four-lane superhighway

    The proposed reorganisation of the O2C business adds to the prospect of raising growth capital, which in turn will serve as a catalyst for the legacy growth engine of RIL

  • Reliance to spin off O2C biz into 100% subsidiary Feb 23, 2021 07:51 AM IST

    Reliance to spin off O2C biz into 100% subsidiary

    The new subsidiary will lead RIL’s move towards clean energy and sustainable value creation. Company expects various approvals for the reorganisation to be in place by the second quarter of FY22

  • Amazon vs Future | SC allows NCLT to continue proceedings but restrains from passing final order Feb 22, 2021 01:07 PM IST

    Amazon vs Future | SC allows NCLT to continue proceedings but restrains from passing final order

    The apex court has allowed NCLT proceedings, provided the tribunal does not sanction final orders

  • Reliance Industries gets world's first 'carbon-neutral' oil from US Feb 04, 2021 09:31 AM IST

    Reliance Industries gets world's first 'carbon-neutral' oil from US

    In July 2020, Chairman and Managing Director Mukesh Ambani had unveiled plans to turn Reliance Industries into a net carbon zero company by 2035.

  • Future-RIL deal | Future Group rejects Delhi High Court proposal for entering into talks with Amazon for amicable resolution Feb 02, 2021 04:17 PM IST

    Future-RIL deal | Future Group rejects Delhi High Court proposal for entering into talks with Amazon for amicable resolution

    Last week, Kishore Biyani said that Amazon’s bid to stall Future Group’s $3.4 billion retail assets sale is similar to Alexander the Great’s “ruthless ambition to scorch the earth."

  • TCS pips Accenture to become the world's most valued IT firm Jan 25, 2021 09:05 PM IST

    TCS pips Accenture to become the world's most valued IT firm

    TCS also surpassed Reliance Industries to become the most valued firm in the country for the second time. TCS’ market capitalisation stood at $169.21 billion on January 25 as against Accenture’s $168.8 billion and RIL's $168.47 billion.

  • Reliance Retail Q3 revenues stood at Rs 33,018 crore; added over 50,000 new jobs Jan 22, 2021 08:51 PM IST

    Reliance Retail Q3 revenues stood at Rs 33,018 crore; added over 50,000 new jobs

    Value of Sales and Services for 3Q FY21 decreased by 8 percent on a QoQ basis to Rs 37,845 crore while EBITDA for 3Q FY21 increased by 54 percent QoQ to a record Rs 3,087 crore.

  • Reliance Jio case: High Court issues notice to Punjab, central governments Jan 05, 2021 06:56 PM IST

    Reliance Jio case: High Court issues notice to Punjab, central governments

    In a media statement issued on January 4, RIL sought the urgent intervention of Government authorities to bring a complete stop to the illegal acts of vandalism by miscreants.

  • RIL To Buy Out IMG Worldwide’s Stake From Sports Management Joint Venture Dec 25, 2020 09:39 PM IST

    RIL To Buy Out IMG Worldwide’s Stake From Sports Management Joint Venture

    RIL had formed an equal joint venture with IMG Worldwide in 2010 to develop, market and manage sports and entertainment in India.

  • Fuel for India 2020: Mukesh Ambani, Mark Zuckerberg discuss India's digital future Dec 15, 2020 12:26 PM IST

    Fuel for India 2020: Mukesh Ambani, Mark Zuckerberg discuss India's digital future

    Mark Zuckerberg and Reliance Industries (RIL) Chairman Mukesh Ambani spoke at the Facebook Fuel for India 2020 event on December 15.

  • RIL shares rise 3% after CCI approves Future Group-Reliance Retail deal Nov 23, 2020 09:36 AM IST

    RIL shares rise 3% after CCI approves Future Group-Reliance Retail deal

    "Commission approves acquisition of retail, wholesale, logistics & warehousing businesses of Future Group by Reliance Retail Ventures Limited and Reliance Retail and Fashion Lifestyle Limited," CCI wrote on Twitter.

  • CCI approves Future Group-Reliance Retail deal in a setback to Amazon Nov 20, 2020 06:21 PM IST

    CCI approves Future Group-Reliance Retail deal in a setback to Amazon

    Earlier in August, Mukesh Ambani-led Reliance Industries Ltd had announced the acquisition of retail businesses of Kishore Biyani's Future Group for Rs 24,713 crore

  • Reliance Retail completes Rs 47,265 crore fundraise from 10.09% stake sale Nov 19, 2020 07:21 PM IST

    Reliance Retail completes Rs 47,265 crore fundraise from 10.09% stake sale

    Since September 25, the company has sold 10.09 percent stake in RRVL to private equity firms Silver Lake Partners, KKR, GIC, TPG and General Atlantic, as well as sovereign wealth funds Mubadala, Abu Dhabi Investment Authority and PIF.

  • Reliance buys furniture retailer Urban Ladder for Rs 182 crore Nov 15, 2020 12:01 PM IST

    Reliance buys furniture retailer Urban Ladder for Rs 182 crore

    Reliance Retail Ventures Limited, a unit of Reliance Industries, has an option of buying the remaining stake, the company said, adding that it intends to invest a further 750 million rupees by December 2023.

  • Diwali 2020 | Sensex, Nifty end with gains on Muhurat trading, herald positive beginning of Samvat 2077 Nov 14, 2020 07:48 PM IST

    Diwali 2020 | Sensex, Nifty end with gains on Muhurat trading, herald positive beginning of Samvat 2077

    After touching a record high in opening deals, the benchmarks remained in the green for the complete one-hour session.

  • Big Story | Reliance Retail adds PIF to its list of Investors, to get Rs 9,555 crore for 2.04% stake Nov 06, 2020 06:54 PM IST

    Big Story | Reliance Retail adds PIF to its list of Investors, to get Rs 9,555 crore for 2.04% stake

    Saudi Arabia’s Public Investment Fund announced an investment of Rs 9,555 crore in Reliance Retail for a 2.04 percent stake.

  • PIF-Reliance Retail deal: Saudi fund to buy 2.04% in RIL unit for Rs 9,555 crore Nov 05, 2020 04:13 PM IST

    PIF-Reliance Retail deal: Saudi fund to buy 2.04% in RIL unit for Rs 9,555 crore

    The investment by PIF, a sovereign wealth fund, in Reliance Retail Ventures (RRVL) follows its earlier acquisition of 2.32% of Jio Platforms, the digital unit of Reliance Industries. RIL has so far sold 10.09% in RRVL for a total Rs 47,265 crore.

  • Future Group-Amazon tussle: Biyani company is on strong ground, says HP Ranina Nov 02, 2020 09:43 PM IST

    Future Group-Amazon tussle: Biyani company is on strong ground, says HP Ranina

    How can Future Retail couldn't be concerned with arbitration proceedings which are lying between Amazon and some other company, though it may belong to the Future Group, says the senior lawyer

  • After The Bell: Don’t ignore banks! Here’s what investors should do on Tuesday? Nov 02, 2020 07:48 PM IST

    After The Bell: Don’t ignore banks! Here’s what investors should do on Tuesday?

    Experts are of the view that the market snapped three-day losing streak which is a positive sign but advise investors to remain cautious, and focus more on the banking space which looks ripe to reclaim 25,000.

  • Arbitration order against deal with RIL 'not binding', will resist any enforcement: Future Retail Nov 02, 2020 01:09 PM IST

    Arbitration order against deal with RIL 'not binding', will resist any enforcement: Future Retail

    Future Retail Ltd (FRL), in a regulatory filing, noted that as an alternative to its claim and injunctive reliefs against the scheme, Amazon has sought Rs 1,431 crore damages along with interest, the amount invested by the US e-commerce major into Future Coupons Pvt Ltd (FCPL).

  • Opinion | Why is Amazon pushing hard to stop the Reliance-Future deal? Oct 27, 2020 07:21 PM IST

    Opinion | Why is Amazon pushing hard to stop the Reliance-Future deal?

    Does Amazon intend to get into brick-and-mortar retail, or are these tactical moves to scuttle competition to remain a dominant player in one of the world’s fastest growing retail markets?

  • RIL initiative proof that economy is on road to recovery Oct 26, 2020 04:30 PM IST

    RIL initiative proof that economy is on road to recovery

    Money in the hands of the working population that has strived more than the usual due to pandemic, especially during the festive season, is bound to increase spending

  • Reliance shows the way in stakeholder capitalism Oct 26, 2020 01:28 PM IST

    Reliance shows the way in stakeholder capitalism

    RIL’s decision to roll back pay cuts could create a ripple effect prompting other corporates to follow suit, and, this could spur the economy and give Aatmanirbhar Bharat a shot in the arm

  • Big Story | Reliance Jio, Qualcomm successfully tests out 5G technology Oct 21, 2020 05:05 PM IST

    Big Story | Reliance Jio, Qualcomm successfully tests out 5G technology

    This development puts India in a niche club of few countries like US, South Korea, Australia, Switzerland and Germany that offer 1 Gbps speeds to 5G users.

  • Open to further stimulus, assessing impact of the COVID-19 pandemic on FY21: Nirmala Sitharaman Oct 19, 2020 07:27 PM IST

    Open to further stimulus, assessing impact of the COVID-19 pandemic on FY21: Nirmala Sitharaman

    Finance Minister Nirmala Sitharaman also said the Centre would come out with fresh growth and budgetary estimates for the COVID-19 pandemic-hit 2020-21.

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