Reliance Industries: News | Page 2

23 Mar 2018

India

JioMusic integrates with Saavn, combined entity worth a billion dollar

In an unexpected move, Reliance has announced that it will integrate its music-streaming service, JioMusic with Saavn.

21 Mar 2018

Paytm

Indians would rather work at Paytm than Google: LinkedIn report

According to a new report by professional social network LinkedIn, Indians prefer to work at home-grown mobile internet companies like Paytm instead of global tech giants like Google.

21 Mar 2018

Mukesh Ambani

Aamir Khan may join hands with Mukesh Ambani for 'Mahabharata'

That Aamir Khan is planning to bring the epic tale of 'Mahabharata' to the big screen is no secret.

07 Mar 2018

India

Jeff Bezos tops global rich list; Mukesh Ambani richest Indian

Reliance Industries Chairman Mukesh Ambani became the richest Indian for the 11th year in a row while his net worth soared to $40.1 billion.

05 Mar 2018

India

Akash Ambani's getting married this year and here's the bride-to-be!

Mukesh Ambani's son Akash, the scion of India's richest family, is going to marry Shloka Mehta, the youngest daughter of diamantaire Russell Mehta, later this year if sources are to be believed.

04 Feb 2018

Mukesh Ambani

Mukesh Ambani announces Rs. 2,500 crore investment in Assam

Reliance Industries chairman Mukesh Ambani, while speaking at the Global Investors Summit 2018 in Guwahati, announced an investment of Rs. 2,500 crore across various sectors in Assam which would create at least 80,000 jobs over the next three years.

19 Jan 2018

India

RIL posts record Q3 profits: Jio turns profitable first-time ever

Reliance Industries Limited's (RIL) released its Q3 report today which saw the company register a record high quarterly net profit of Rs. 9,423 crore.

18 Jan 2018

Mukesh Ambani

Bengal Summit fetched Rs. 2.2-trillion-worth investment proposals: Mamata Banerjee

The fourth edition of Bengal Global Business Summit has been concluded, and WB CM Mamata Banerjee said it has been "highly successful" as the state bagged a whopping Rs. 2.19-trillion-worth business proposals.

12 Jan 2018

Mukesh Ambani

Reliance Jio may soon launch its own cryptocurrency "JioCoin"

At a time when cryptocurrency has become one of the hottest tech and financial trends, Mukesh Ambani-owned Reliance Jio is reportedly planning to foray into the blockchain and virtual currency space.

27 Dec 2017

Reliance Jio

RCom to exit SDR, reduce debt by Rs. 39,000cr: Ambani

Anil Ambani-owned Reliance Communications has announced it would exit the ongoing Strategic Debt Restructuring (SDR) scheme of its lenders by selling its Rs. 25,000cr-worth telecom assets, including towers, spectrum and optical fiber by Mar'18.

22 Dec 2017

Mumbai

Reliance Infra's power-business sold to Adani Transmission for Rs. 18,800cr

In a bid to become debt-free, Anil Ambani-owned Reliance Infrastructure has reportedly entered into a Definitive Binding Agreement with Adani Transmission to sell its Mumbai power business for Rs. 18,800cr.

27 Nov 2017

Flipkart

Complaint against Flipkart founders for cheating supplier of Rs. 10cr

The Bansals of Flipkart fame are in trouble, along with three of its employees. A businessman has filed a complaint against these five people alleging they had cheated him to the tune of Rs. 10cr.

25 Nov 2017

India

Where do Ambani brothers stand 11 years after split?

Mukesh Ambani's Reliance Industries recently raised $800-million (Rs. 51.66-billion) -to reduce its massive debt of Rs. 2.14-trillion to some extent- through the sale of 10-year bonds overseas at the cheapest rate for a non-financial Indian issuer.

28 Oct 2017

India

Reliance Industries, first Indian company to hit Rs. 6-trillion market-valuation

Mukesh Ambani-led Reliance Industries Limited has reached yet another milestone by becoming the first Indian company ever to cross a market capitalization of Rs. 6-trillion.

26 Sep 2017

South Korea

Mukesh Ambani's Reliance Industries is world's 3rd largest energy firm

This year, in Platts Top 250 Global Energy Company Rankings, Reliance Industries climbed up five places on the chart and became the world's third-biggest energy firm after Russia's Gazprom and Germany's E.ON.

12 Sep 2017

India

HDFC m-cap unseats TCS, end of day TCS regains slot

HDFC Bank, which was recently recognized as a D-SIB or domestic systemically important bank, for a brief period on September 12, managed to unseat IT bellwether Tata Consultancy Services (TCS) as the country's second most valued firm in terms of market capitalization.

22 Aug 2017

India

ONGC takes over HPCL, slated to be India's third-largest refiner

In a regulatory filing, state-owned Oil and Natural Gas Corp has informed that its board has given "in-principle" approval to acquire government's 51.11% stake in Hindustan Petroleum Corp Ltd.

20 Aug 2017

Infosys

Infosys share buyback: What you need to know

Infosys CEO Vishal Sikka resigned on 18th Aug, citing slander by the company's founder.

18 Aug 2017

India

Reliance-BP-Niko's KG-D6 cost disallowed by the oil ministry

According to reports, the oil ministry has now imposed a penalty of $264 million on the consortium of Reliance Industries Ltd (RIL), BP Plc. and Niko Resources Ltd.

15 Aug 2017

Flipkart

Flipkart and 38 other companies miss out on GSP license

Indian e-commerce giant Flipkart has missed out on becoming a holder of the GST Suvidha Provider (GSP) license.

25 Jul 2017

India

Nifty50 reaches 10,000 for the first time ever

Nifty50 has finally hit the coveted 10,000 in the opening trade on Tuesday.

24 Jul 2017

India

Indian CEOs take 1,200-times more salary than average staff

The rich gets richer, the poor just survives. Recent declarations showed that top executives in the biggest listed blue-chip firms get up to 1,200-times more than what is paid to their average employees.

24 Jul 2017

Mukesh Ambani

Reliance JioPhone TV cable means no more cable bills

At RIL's 40th AGM, Reliance Industries chairman Mukesh Ambani showed us his next big step, a JioPhone that will have an effective prize of Rs. Zero.

21 Jul 2017

Mukesh Ambani

Mukesh Ambani's Reliance Industries acquires 24.9% stake in Balaji Telefilms

Moving online, people have started ditching cable/satellite TV subscriptions for OTT (Over-the-top) content services, which deliver audio-visual media and television content via the Internet.

21 Jul 2017

Reliance

Reliance Jio launches 'free' 4G VoLTE feature phone

At its 40th AGM, Reliance launched its new 4G VoLTE feature phone at absolutely zero cost. Earlier, the price was rumored to be Rs. 500.

08 Jul 2017

Facebook

Reliance Jio's ad offering free DTH subscription is a spam

Ever since Reliance Jio hit the market, it has come up with attractive offers for its customers but a latest Facebook ad by the company offering free DTH subscription is fake.

19 Apr 2017

Mukesh Ambani

Jio to offer Air Asia ticket discounts for users

Between June 20 to September 30, Reliance Jio users will be able to secure a 15% discount on flight tickets on Air Asia booked through the Air Asia app.

06 Apr 2017

Mukesh Ambani

Jio Summer Surprise: Reliance withdraws complimentary benefits after TRAI advisory

Reliance is discontinuing 'Jio Summer Surprise' -three months complimentary benefits- after receiving an advisory from the Telecom Regulatory Authority of India (TRAI).

31 Mar 2017

Mukesh Ambani

Jio to launch Prime sequel

Reliance Jio is likely to release new disruptive plans starting from April 1, as its 'Happy New Year' free data plan is set to expire.

28 Mar 2017

Mukesh Ambani

Jio offers 120GB extra data for Prime users

Jio has started a new 'Buy one get one' offer, that gives Jio Prime members up to 120GB extra data for a nominal price.

28 Mar 2017

Goldman Sachs

7 Indian start-ups showcase their mettle on demo day

One of the most influential accelerators, Y Combinator hosts a demo day twice a year, where its latest batch of funded start-ups showcase themselves in front of Silicon Valley investors, founders and press.

Jio Payments Bank receives RBI nod

Jio Payments Bank (JPB), a joint venture between State Bank of India and Reliance Industries Limited, has received the crucial go-ahead from the RBI.

25 Feb 2017

Mukesh Ambani

Ambani denies speculations of Reliance launching Jio cabs

Refuting widespread speculations, Mukesh Ambani announced Reliance Industries has no plans to launch an app-based taxi service.

24 Feb 2017

Mukesh Ambani

Reliance planning Jio cabs to disrupt app-based taxi services

Upping the ante among cab aggregators Uber and Ola, Mukesh Ambani-led Reliance has acquired as many as 600 cars to kickstart their app-based cab service called 'Reliance Jio Cabs'.

21 Feb 2017

Mukesh Ambani

Reliance Jio extends free offer for 100 million customers

To celebrate 100 million-strong telecom customers base, Reliance Industries chairman Mukesh Ambani today announced a new Jio Prime offer beginning April 1, 2017.

07 Feb 2017

India

Govt reduces stakes in ITC by 2%

The government divested 2 percent of its stake held in FMCG giant ITC through the Specified Undertaking of the Unit Trust of India (SUUTI).

13 Jan 2017

Narendra Modi

Vibrant Gujarat: Teen signs Rs.5 crore MoU for drones

14 year old Harshwardhan Zala signed a Rs.5 crore memorandum of understanding (MoU) with the Department of Science and Technology, Government of Gujarat.

13 Jan 2017

Narendra Modi

25,000+ MoUs signed at Vibrant Gujarat 2017

Over 25,000 MoUs were signed at the Vibrant Gujarat Summit 2017.

12 Jan 2017

Narendra Modi

Over 24,000 investment intentions signed at Vibrant Gujarat 2017

Gujarat Deputy Chief Minister Nitin Patel stated that 24,385 investment intentions were signed with industry giants and various heads of state on the second day of 8th edition of the Vibrant Gujarat Summit being held at Gandhinagar.

11 Jan 2017

Narendra Modi

PM Modi inaugurates Vibrant Gujarat Global Summit

Prime Minister Narendra Modi inaugurated the Vibrant Gujarat Summit 2017 at Gujarat's Gandhinagar.

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