Reliance

The board of Ambani’s Reliance Industries Ltd. approved a proposal to plow 1.08 trillion rupees ($15 billion) into the fully owned subsidiary, which will in turn invest that amount in Reliance Jio Infocomm Ltd., the conglomerate’s telecommunications... read more

According to the latest IIFL Wealth Hurun India Rich List, the number of Indians having a net worth of more than Rs 1,000 crore has grown to 953 this year from 831 in 2018; while, the number of billionaires in terms of US dollar has reduced to 138 from... read more

Reliance Jio Fiber is set to roll out on September 5. Here are the latest updates on the upcoming broadband service. read more

The 10 synthetic gasifiers that make up the project are now finally commissioned. But the imported LNG they’re meant to displace has fallen from about $15 per million British thermal units in 2012 to less than $5. read more

Aramco will acquire a 20% stake in Reliance’s oil-to-chemicals business, including the 1.24 million-barrel-a-day Jamnagar refining complex on India’s west coast read more

42nd AGM Reliance Industries to sell 20% in refining, chemicals business in a bid to become a zero-debt firm in next 18 months read more

Over the last one year, RIL has taken several steps to reduce its debt. It has transferred its telecom unit, Reliance Jio Infocomm Ltd’s infrastructure assets off RIL’s balance sheet to an InvIT structure. read more

On the big deal with Saudi Aramco, Mukesh Ambani said Armaco will also supply 500,000 barrels a day of crude oil on a long-term basis to RIL’s Jamnagar refinery. read more

Addressing the 42nd Annual General Meeting of the RIL, Ambani said that Aramco would supply 500,000 barrels per day of crude oil to Reliance refineries. He termed it as the India’s largest foreign direct investment deal. read more

Reliance AGM 2019: RIL Chairman & Managing Director Mukesh Ambani formally launched the GigaFiber broadband service along with a new TV service. Here are the highlights read more

RIL AGM 2019: Here’s how you can watch livestream of Reliance’s annual general meeting on August 12. read more

The time is ripe for Reliance Retail, which operates 10,415 stores in more than 6,600 cities, with 500 million annual footfalls - giving the company the kind of scale required to swiftly launch India-based operations. read more

Reliance Industries, which runs the world’s biggest single-location crude oil refinery in western India, has been gradually transforming itself into a consumer-facing behemoth through its retail and telecoms ventures. read more

Mukesh Ambani launched the telecommunications business in 2016, spending $36 billion to roll out a 4G wireless network across India and luring millions of subscribers with free or cut-price data services. read more

IMG Reliance was televising the Pakistan Super League, which is being played in the United Arab Emirates because of security concerns, and it was also due to televise the last knockout matches to be held in Karachi and Lahore next month. read more