The Latest Breaking News from Reliance Industries Ltd

Telegram CEO claims Reliance, WhatsApp's role behind efforts to ban company's app in India

Telegram CEO Pavel Durov accuses Reliance Group and WhatsApp of lobbying to ban his app in India. He also claims Reliance is disrupting Telegram access for users globally. A telecom source dismisses these claims, stating Durov confuses two separate Reliance entities. The Indian government has ordered Telegram's delisting from app…

The Economic Times · Jun 17

NLC India, Reliance Industries to jointly explore developing underground lignite gasification project in Gujarat

NLC India Ltd and Reliance Industries Ltd are partnering to explore underground lignite gasification in Gujarat. This collaboration aims to boost domestic gas supplies amid global fuel shortages. The project will assess converting lignite reserves into synthesis gas. This initiative could enhance energy security and reduce reliance on imported fuels.…

The Economic Times · May 31

Supreme Court provides relief to Reliance in 2007 securities market fraud case

Reliance Industries Ltd received relief from India's Supreme Court. The court overturned a lower court ruling and a 2020 order by the markets regulator. This order had alleged manipulative trading practices by the company. The Supreme Court directed SEBI to refund 2.5 billion rupees to Reliance. The case involved a…

The Economic Times · May 29

Mukesh Ambani driving $75 billion green bet as scions helm other Reliance units

MUMBAI: Mukesh Ambani, the billionaire chairman of Reliance Industries Ltd, will be focusing his attention on the Indian conglomerate’s pivot to green energy, according to people familiar with the matter, after putting his children in charge of other businesses.

The Times of India · Jan 5, 2023

Reliance seeks bids for sale of KG-D6 gas at rates linked to JKM

NEW DELHI: Reliance Industries Ltd and its partner bp plc of the UK have sought bids for the sale of natural gas from the eastern offshore KG-D6 block at a price linked to the rate at which LNG is delivered to Japan and Korea.

The Times of India · Dec 30, 2022

Journey in numbers: Mukesh Ambani completes 20 years at helm of Reliance

NEW DELHI: Mukesh Ambani, who took over the reins of Reliance Industries Ltd (RIL) after the sudden demise of his legendary industrialist father Dhirubhai Ambani, completes 20 years at the helm during which the company saw a 17-fold jump in revenues, 20-times surge in profit and has become a global…

The Times of India · Dec 28, 2022

Naupang League all set to develop grassroots football in Mizoram

Mizoram Football Association (MFA) has joined hands with Reliance Foundation, the CSR arm of Reliance Industries Ltd (RIL), to expand and create a complete hyper-local pathway and approach to grassroots football in the state through Reliance Foundation Young Champs (RFYC) Naupang (Children) League.

The Times of India · Nov 1, 2022

Reliance to commission new gas condensate field by year-end

NEW DELHI: Reliance Industries Ltd will commission its deepwater MJ gas condensate field in Bay of Bengal block KG-D6 by year end, boosting natural gas output to 30 per cent of India's total.

The Times of India · Oct 24, 2022

Mukesh Ambani to list financial services, rejig engineering business

MUMBAI: Reliance Industries Ltd, will create a financial services unit to feed its consumer businesses that are contributing an increasing share of profits to the retail-to-refining conglomerate.

The Times of India · Oct 22, 2022

Reliance to demerge financial services arm Jio Financial Services; list it on stock exchanges

NEW DELHI: Billionaire Mukesh Ambani's Reliance Industries Ltd on Friday said it will demerge its financial services arm and list it on the stock exchanges.

The Times of India · Oct 21, 2022