Reliance Industries: News

02 Dec 2022

Mukesh Ambani

Mukesh Ambani-led Reliance Industries is India's most valuable company

Mukesh Ambani's Reliance Industries has emerged as India's most valuable listed company in India, as per Hurun India's '2022 Burgundy Private Hurun India 500' list.

30 Nov 2022

Prannoy Roy

Directors Prannoy, Radhika Roy resign from NDTV's promoter company 'RRPR'

New Delhi Television (NDTV) founders Radhika Roy and Prannoy Roy have resigned as directors of the board of RRPR Holdings Private Limited (RRPRH) with immediate effect, the company said in a regulatory filing late on Tuesday.

06 Oct 2022

Mukesh Ambani

Bihar man arrested for death threat calls to Ambanis

Mumbai police arrested a man from Darbhanga district in Bihar late on Wednesday for allegedly making death threat calls to Reliance Industries Limited (RIL) chairperson Mukesh Ambani and his family members.

19 Sep 2022

Gautam Adani

Adani Group now India's most valued conglomerate; beats Tata Group

Gautam Adani-led Adani Group has surpassed Tata Group to become India's most valuable conglomerate with an overall market capitalization of over Rs. 22 lakh crore on the Bombay Stock Exchange.

06 Sep 2022

Solar Energy

Reliance buys 79.4% stake in US-based solar energy software company

Reliance Industries is set to acquire a 79.4% holding in US-based solar energy software developer SenseHawk for $32 million.

30 Aug 2022

Mukesh Ambani

Reliance AGM 2022: 5 main takeaways everyone should know

Reliance Industries Limited (RIL) held its 45th Annual General Meeting (AGM) on Monday.

29 Aug 2022

Mukesh Ambani

Isha Ambani to head Reliance Retail, knocks FMCG market doors

Reliance Industries Limited (RIL) Chairman & MD Mukesh Ambani introduced his daughter Isha Ambani as Reliance Retail's new director at the conglomerate's 45th Annual General Meeting (AGM) on Monday.

04 Aug 2022

Walmart

LIC, Reliance among Indian companies in Fortune Global 500 list

The Fortune Global 500 is the list of the top 500 corporations in the world based on their revenue. In the 2022 edition of the list published by Fortune magazine, nine companies from India have found their place.

06 Jul 2022

Indian Government

Centre will make $12bn from windfall tax on oil companies

The Indian government has set itself up for a bumper tax revenue in the remainder of this current fiscal.

14 Feb 2022

India

LIC files papers for India's biggest IPO

The Life Insurance Corporation of India (LIC) has filed the draft share sale documents for its initial public offering (IPO) with the markets regulator Securities and Exchange Board of India (SEBI).

09 Oct 2021

Mukesh Ambani

Mukesh Ambani enters the elusive $100bn club alongside Bezos, Musk

Asia's richest person Mukesh Ambani has entered the world's most elite wealth club with a fortune of at least $100 billion, joining the likes of Jeff Bezos and Elon Musk.

07 Oct 2021

Mukesh Ambani

Reliance Retail set to bring 7-Eleven stores to Indian shores

Indian billionaire businessman Mukesh Ambani's Reliance Retail Ltd. will soon bring 7-Eleven Inc.'s convenience stores to India.

27 Aug 2021

Mukesh Ambani

Reliance Life Sciences gets approval for COVID-19 vaccine trial

Reliance Life Sciences, part of Mukesh Ambani-led Reliance Industries Limited, on Thursday received regulatory approval to carry out clinical trials of its coronavirus vaccine candidate, reported The Economic Times.

06 Aug 2021

Mukesh Ambani

Supreme Court rules in favor of Amazon in Future-Reliance case

The Supreme Court of India today ruled in favor of Amazon in the high-profile case involving the e-commerce giant and Reliance Industries over a business merger.

24 Jun 2021

Mukesh Ambani

Everything that Ambani announced at Reliance's Annual General Meeting 2021

Today, Mukesh Ambani-led conglomerate Reliance Industries Ltd. (RIL) held its 44th Annual General Meeting (AGM), virtually. The event commenced at 2pm and was streamed live on the JioMeet platform.

03 Jun 2021

Business

Reliance working to produce cheaper testing kits, new COVID-19 drug

India has been at the forefront of the battle against the COVID-19 pandemic with numerous out-of-the-box solutions.

Following protest, Reliance Industries denies Nita Ambani's appointment at BHU

Reports of Nita Ambani being invited as a visiting lecturer at the Banaras Hindu University (BHU) are fake and she has not received any invitation from the university, a Reliance Industries Limited spokesperson said on Wednesday.

05 Mar 2021

Nita Ambani

Reliance to bear COVID-19 vaccination costs for employees, their families

Billionaire Mukesh Ambani-led Reliance Industries Limited (RIL) will bear the full cost of vaccinating its employees and the members of their immediate family, reportedly totaling an estimated 12.2 lakh, the company said in an internal communication.

Amazon moves Supreme Court over $3.4bn Future Group-Reliance deal

Amazon has moved India's Supreme Court to stop a $3.4 billion assets sale by its partner, Future Group, to Reliance Industries.

25 Jan 2021

India

India's richest 100 earned Rs. 13 lakh crore since March-2020

India's top 100 billionaires saw their wealth increase by Rs. 13 lakh crore since March last year even as the COVID-19 pandemic led to severe job losses, Oxfam said in its latest report.

History created: Sensex breaches 50,000-mark for the first time ever

In a development that is sure to make investors, market watchers, and companies happy, S&P BSE Sensex crossed the 50,000-mark for the first time ever on Thursday.

07 Jan 2021

Mukesh Ambani

Elon Musk surpasses Jeff Bezos to become world's richest person

Tesla Inc. and SpaceX CEO Elon Musk has surpassed Amazon boss Jeff Bezos to become the world's richest person, Bloomberg reported on Thursday.

31 Dec 2020

Mukesh Ambani

China's Zhong Shanshan replaces Mukesh Ambani as Asia's richest person

Reliance Industries (RIL) Chairperson and Managing Director Mukesh Ambani is no longer the richest person in Asia. That title now belongs to China's Zhong Shanshan, a vaccine magnate and the founder of the bottled water company Nongfu Spring.

23 Dec 2020

Bharti Airtel

Reliance set to relaunch JioPhone next year

The COVID-19 pandemic has given a completely new perspective on the use of smartphones in India. This has prompted Mukesh Ambani-led Reliance Industries to relaunch its 4G feature phone in the next quarter.

02 Dec 2020

Mukesh Ambani

Reliance Industries tops Fortune India-500 list for second straight year

Billionaire Mukesh Ambani-led Reliance Industries Limited (RIL) has topped the Fortune India-500 list for the second year in a row.

20 Nov 2020

Mukesh Ambani

Reliance Retail raises Rs. 47,265cr from sale of 10% stake

Billionaire Mukesh Ambani-led Reliance Industries announced that it has completed the sale of Rs. 47,265cr worth of stake in its retail arm, Reliance Retail Ventures Limited (RRVL), to a group of foreign investors.

15 Nov 2020

Mukesh Ambani

Reliance buys 96% stake in Urban Ladder for Rs. 182cr

Reliance Retail Ventures Limited (RRVL), a subsidiary of Reliance Industries Ltd. (RIL), has acquired a majority stake in online furniture retailer Urban Ladder, the company announced on Sunday.

13 Nov 2020

Mukesh Ambani

RIL to invest $50mn in Bill Gates-owned Breakthrough Energy Ventures

Reliance Industries will be investing $50 million (approximately Rs. 373 crore) in Breakthrough Energy Ventures, a firm established by billionaire philanthropist Bill Gates in 2015 to battle climate change.

26 Oct 2020

Reuters

Future Group, Reliance ignore ruling to hold $3.4bn deal

The Future Group on Monday said that it was examining an order to stall a Rs. 24,713 crore (approximately $3.4 billion) asset sale to Reliance Industries Limited (RIL).

21 Oct 2020

Mukesh Ambani

Jio and Qualcomm begin 5G trials, achieve 1 Gbps speed

In a new development, Mukesh Ambani-led Jio Platforms Ltd. has announced its 5G plans in collaboration with Qualcomm Technologies.

07 Oct 2020

Twitter

NewsBytes Briefing: Apple launching iPhone 12 on October-13, and more

Last night, Apple sent out invites for a 'Hi, Speed' event.

30 Sep 2020

Mukesh Ambani

Reliance Retail scores Rs. 3,675cr from General Atlantic: Details here

The retail venture of Mukesh Ambani's Reliance Industries is going all guns blazing to take on Amazon and Walmart in India.

28 Sep 2020

Twitter

Jio appears to be blocking Twitch streams in India

Telecom giant Reliance Jio appears to be blocking Twitch streams in India.

27 Sep 2020

India

PUBG ban not likely to be revoked anytime soon: Report

The ban on PUBG came as a big blow for PUBG Corporation, the creator of the title, and Tencent Games, the Chinese company behind its mobile version.

30 Aug 2020

Mukesh Ambani

What does Reliance and Future Group deal mean for India

In a major move, Mukesh Ambani's Reliance Industries has announced the decision to buy businesses of Kishore Biyani-promoted Future Group for Rs. 24,713 crore.

25 Aug 2020

Facebook

NewsBytes Briefing: Epic's Unreal Engine gets legal protection, and more

Since last night, the case between Apple and Epic Games has progressed.

20 Aug 2020

Mukesh Ambani

Chemist body opposes Reliance's acquisition of Netmeds: Here's why

Yesterday, Mukesh Ambani's Reliance Industries had announced the acquisition of online pharmacy Netmeds, along with its subsidiaries and parent company, to scale up its e-commerce play.

19 Aug 2020

Mukesh Ambani

NewsBytes Briefing: Reliance buys Netmeds, SpaceX's biggest fund-raise, and more

In the last few hours, renowned tech giants took major strides.

17 Aug 2020

Mukesh Ambani

Reliance could buy Milkbasket, Urban Ladder in e-commerce push

As Amazon and Flipkart continue to take long strides in the Indian e-commerce segment, Mukesh Ambani's Reliance Industries is also looking to grow its online footprint.

16 Aug 2020

India

#WeeklyRecap: Trump's 90-day deadline for TikTok, Fortnite row, and more

This week, several big players made headlines in the world of technology.

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