RIL

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

02 Dec 2020

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.

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

15 Nov 2020

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.

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

13 Nov 2020

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.

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

26 Oct 2020

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).

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

21 Oct 2020

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.

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

30 Sep 2020

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.

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

20 Aug 2020

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.

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

17 Aug 2020

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.

Is Reliance's new 'Jio Glass' worth the hype?

15 Jul 2020

Is Reliance's new 'Jio Glass' worth the hype?

During Reliance's first 'virtual' Annual General Meeting, Mukesh Ambani, the Chairman of the conglomerate, shared a lot about his oil-to-telecom businesses.

Mukesh Ambani becomes 6th richest person in the world

14 Jul 2020

Mukesh Ambani becomes 6th richest person in the world

After a massive fund-raising spree of Jio Platforms, Indian business magnate Mukesh Ambani has become the sixth-richest person in the world.

Jio Platforms scores Rs. 1,894 crore investment from Intel

03 Jul 2020

Jio Platforms scores Rs. 1,894 crore investment from Intel

Jio Platforms, the entity that holds the telecom and digital businesses of Mukesh Ambani's Reliance Industries Limited (RIL), has scored another big investment.

Jio Platforms scores another investment: $1.5bn from Saudi Arabia's PIF

18 Jun 2020

Jio Platforms scores another investment: $1.5bn from Saudi Arabia's PIF

Mukesh Ambani's Jio Platforms has scored yet another multi-billion-dollar investment.

Jio Platforms raises Rs. 6,598 crore from General Atlantic

17 May 2020

Jio Platforms raises Rs. 6,598 crore from General Atlantic

Jio Platforms, the entity holding telecom and digital businesses of Reliance Industries Limited (RIL), has raised Rs. 6,598 crore ($869.8 million) from US-based private equity firm General Atlantic.

Jio Platforms raises Rs. 11,367 crore from Vista Equity

08 May 2020

Jio Platforms raises Rs. 11,367 crore from Vista Equity

Jio Platforms, the entity holding telecom and digital businesses of Reliance Industries Limited (RIL), has raised Rs. 11,367 crore from US-based private equity firm Vista Equity Partners.

Reliance's JioMart goes live on WhatsApp: Details here

27 Apr 2020

Reliance's JioMart goes live on WhatsApp: Details here

In a bid to simplify the process of buying groceries and daily essentials, Reliance Industries Limited (RIL) has launched its JioMart service on WhatsApp.

Facebook invests $5.7 billion (Rs. 43,574 crore) in Jio

22 Apr 2020

Facebook invests $5.7 billion (Rs. 43,574 crore) in Jio

Finally, Facebook has confirmed the long-rumored plan of teaming up with Mukesh Ambani-led Reliance Industries.

Reliance and Facebook could team up for WeChat-like "super app"

16 Apr 2020

Reliance and Facebook could team up for WeChat-like "super app"

Social media giant Facebook and Mukesh Ambani-led Reliance Industries Limited (RIL) could soon team up for a WeChat-like "super app".

Coronavirus: Odisha plans India's largest hospital dedicated to COVID-19 patients

26 Mar 2020

Coronavirus: Odisha plans India's largest hospital dedicated to COVID-19 patients

The Eastern state of Odisha plans to set up two hospitals, dedicated to treating patients of the coronavirus disease (COVID-19).

Facebook likely to acquire 10% stake in Reliance Jio

26 Mar 2020

Facebook likely to acquire 10% stake in Reliance Jio

After Meesho and Unacademy, Facebook is looking to invest in Reliance Jio to make another big move in the Indian market.

Reliance Jio seeks permission for 5G trials in India: Report

04 Mar 2020

Reliance Jio seeks permission for 5G trials in India: Report

Reliance Jio has sought permission from the government to begin 5G trials in India, becoming the first telco in the country to initiate such proceedings.

All you need to know about Reliance's grocery business, JioMart

31 Dec 2019

All you need to know about Reliance's grocery business, JioMart

In a major move, Reliance Industries Limited (RIL) has launched 'JioMart,' an e-commerce venture to deliver groceries.

Now, Mukesh Ambani is 9th richest, ahead of Google founders

28 Nov 2019

Now, Mukesh Ambani is 9th richest, ahead of Google founders

Mukesh Ambani, the chairman and managing director of Reliance Industries, has become the 9th richest person in the world.

Why Reliance Jio's First-Day-First-Show irks multiplex brands?

19 Aug 2019

Why Reliance Jio's First-Day-First-Show irks multiplex brands?

At RIL's 42nd AGM earlier this week, Mukesh Ambani made several announcements including one that has perturbed the cinema exhibition sector.

#BiggestFDIDeal: Saudi Aramco invests $15 billion in Reliance's oil business

12 Aug 2019

#BiggestFDIDeal: Saudi Aramco invests $15 billion in Reliance's oil business

Mukesh Ambani, the Chairman and Managing Director of Reliance Industries, has announced one of India's biggest FDI deals ever.

Jio Fiber roll-out from September 5, priced at Rs. 700/month

12 Aug 2019

Jio Fiber roll-out from September 5, priced at Rs. 700/month

On Monday, August 12, Reliance Industries Limited (RIL) held its 42nd Annual General Meeting in Mumbai.

JioPhone 3 to JioFiber: Everything Reliance could announce on Monday

11 Aug 2019

JioPhone 3 to JioFiber: Everything Reliance could announce on Monday

On Monday, August 12, Mukesh Ambani's Reliance Industries Limited (RIL) will be hosting its 42nd Annual General Meeting (AGM) in Mumbai.

Reliance to enter e-commerce sector to take on Amazon, Flipkart

18 Jan 2019

Reliance to enter e-commerce sector to take on Amazon, Flipkart

The e-commerce landscape in India might change soon as Mukesh Ambani has announced his plans to enter the sector.

Sensex recovers 600pts ahead of key macro-data, Nifty reclaims 10,400

12 Oct 2018

Sensex recovers 600pts ahead of key macro-data, Nifty reclaims 10,400

The Bombay Stock Exchange (BSE) benchmark Sensex staged a strong comeback by recovering over 600 points in opening trade today following fresh purchases made by domestic investors ahead of key macroeconomic data to be released later in the day, amid fall in global crude prices and rupee recovery.

#UttarakhandDigitalDevbhoomi: Jio to connect schools, colleges with high-speed internet

07 Oct 2018

#UttarakhandDigitalDevbhoomi: Jio to connect schools, colleges with high-speed internet

Having invested over Rs. 4,000cr in Uttarakhand, richest Indian Mukesh Ambani today said his telecom venture Reliance Jio will in the next two years connect most of the 2,385-plus government schools and colleges with high-speed internet to make the state a 'Digital Devbhoomi'.

Reliance becomes 1st Indian company to hit Rs. 8trillion market-cap

23 Aug 2018

Reliance becomes 1st Indian company to hit Rs. 8trillion market-cap

Despite hitting the $100bn market capitalization mark a month earlier, Mukesh Ambani-owned Reliance Industries Ltd. (RIL) has showed no signs of slowing down.

Indian Oil tops 7 Indian firms on Fortune 500 list

01 Aug 2018

Indian Oil tops 7 Indian firms on Fortune 500 list

Seven Indian companies have made it to the latest Fortune 500 list of the world's biggest corporations in terms of revenue, with the state-owned Indian Oil Corp (IOC) continuing to be the highest ranked Indian firm and Reliance Industries (RIL) jumping 53 places.

Sensex hits 37,000 mark for the first time

26 Jul 2018

Sensex hits 37,000 mark for the first time

The BSE Sensex crossed the 37,000-mark for the first time today by jumping 156.42 points, or 0.42%, to 37,014.65 in early trade today, breaching its previous intra-day record of 36,947.18 hit yesterday.

Mukesh Ambani overtakes Jack Ma to be Asia's richest person

13 Jul 2018

Mukesh Ambani overtakes Jack Ma to be Asia's richest person

India's richest man, Mukesh Ambani, has now become Asia's richest man, overtaking Alibaba Group founder Jack Ma.

Reliance Industries Limited is now a $100bn company

12 Jul 2018

Reliance Industries Limited is now a $100bn company

On Thursday, shares of Reliance Industries Limited (RIL) jumped sharply, after seeing a five-day rise, and helped the Mukesh Ambani-owned energy-to-telecom giant touch a market capitalization of $100bn.

Delhi: Use reverse vending machines, earn rewards for waste

02 Jul 2018

Delhi: Use reverse vending machines, earn rewards for waste

Buoyed by the success of the 'reverse vending machines' already installed in the city, the North Delhi Municipal Corporation has now shortlisted nine spots to set up more.

Mukesh Ambani's daughter to tie the knot with Piramal scion

06 May 2018

Mukesh Ambani's daughter to tie the knot with Piramal scion

Isha Ambani, daughter of Reliance Industries (RIL) chairman and managing director Mukesh Ambani, is all set to marry Anand Piramal, son of business tycoon Ajay Piramal.

Looking at Mukesh Ambani's life journey on his 61st birthday

19 Apr 2018

Looking at Mukesh Ambani's life journey on his 61st birthday

Mukesh Ambani is one name that demands respect and envy at the same time. As India's richest businessman, thousands want to live his extra-ordinary life, and an equal number aspire to become as successful as he is.

Mumbai: BSE gains over 100 points, Nifty above 10,350

09 Apr 2018

Mumbai: BSE gains over 100 points, Nifty above 10,350

The benchmark BSE Sensex advanced over 100 points in early trade today on sustained buying by domestic institutional investors amid firm Asian cues.

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

19 Jan 2018

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.

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

18 Jan 2018

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.