Reliance Industries: News
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.
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.
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.
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.
7 tricks to make the best of your JioPhone
Reliance says it sold 6mn JioPhones within days when it opened bookings.
Micromax Bharat 1 and Reliance JioPhone comparison
Reliance's VoLTE supported JioPhone is going to face some competition now with Micromax's Bharat 1 in the market.
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.
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.
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.
Infosys share buyback: What you need to know
Infosys CEO Vishal Sikka resigned on 18th Aug, citing slander by the company's founder.
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.
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.
Nifty50 reaches 10,000 for the first time ever
Nifty50 has finally hit the coveted 10,000 in the opening trade on Tuesday.
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.
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.
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.
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.
Reliance Communications looks to sell 133 acre IT park
Anil Ambani-led Reliance Communications Limited is looking to snag buyers or jointly develop the massive 133 acre Dhirubai Ambani Knowledge centre (DAKC), reports said.
Reliance Q4 results quash estimates and soar high
Dhirubhai once said, "Meeting the deadlines is not good enough, beating the deadlines is my expectation."
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.
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).
Kumar Birla appointed as IIM-A Chairman
The HRD Ministry has appointed Aditya Birla Group Chairman, Kumar Mangalam Birla, as the new Chairman of the Board of Governors of the Indian Institute of Management, Ahmedabad.
Reliance owes MMRDA Rs.1577 crore
According to an RTI filed by Anil Galgali, Reliance Industries Limited is Mumbai Metropolitan Region Development Authority's (MMRDA) biggest defaulter.
Reliance Jio's tariff plans: What went overlooked?
Reliance Industries' Mukesh Ambani had announced attractive tariffs to its Jio users, especially for its data services that were pitched at Rs.50/GB.
CEO salaries: Exponential rise
An analysis of the salaries of the CEOs of the top twenty listed companies in India for 2015-2016 shows a massive increase in compensation compared to the past few years.
Reliance Industries penalised $250 million
India's Reliance Industries faced a penalty of $250 million from the Oil Ministry for failing to scale up the company's productions to meet the production target in the Krishna-Godavari basin.
RIL seeks to commission $35 billion worth projects in 2016-17
The Annual Report 2015-16 stated that the company seeks commissioning of projects with investment of $35 billion in 2016-17.
Nita Ambani, the first Indian woman member of IOC
Nita Ambani was elected as the member of IOC (International Olympic Committee), at its 129th session in Rio.