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The Latest Breaking News from Reliance Industries

In 5 charts: How Gautam Adani became first Asian to reach top 3 richest in world

NEW DELHI: When the world went into Covid-induced lockdowns plunging the global economy into a crisis, the worried investors in India had their eyes on the possible impact on Mukesh Ambani who was then the undisputed leader.

The Times of India

WhatsApp rolls out in-app shopping product with JioMart

NEW DELHI: WhatsApp, the popular messaging service owned by Meta Platforms, is rolling out a shopping product in India, the first time users will be able to browse and purchase groceries and other household products without leaving the app.

The Times of India

5G rollout by Diwali, Qualcomm partnership: Key points from Reliance Industries' AGM

NEW DELHI: Reliance Industries on Monday conducted its 45th annual general meeting (AGM). This is the 3rd time when RIL conducted its AGM virtually.

The Times of India

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Reliance to enter FMCG business this year, partner 1 crore merchants in 5 years

NEW DELHI: The country's largest retailer Reliance Industries on Monday announced that it will enter the fast-moving consumer goods (FMCG) business this year as part of its expansion plan.

The Times of India

Reliance to stream AGM on virtual reality platform, five social media platforms

NEW DELHI: Reliance Industries will on Monday broadcast its annual shareholder meeting simultaneously on a virtual reality platform as well as on five social media platforms as it takes another leap in digitally connecting people for its AGM.

The Times of India

Mukesh Ambani, family get threat calls; one detained by Mumbai police

The man, identified as Afzal, had made the threat calls on a landline number at the Reliance Foundation Hospital. Read more on Dynamite News:

Dynamite News

LIC breaks into Fortune 500 list, Reliance jumps 51 places

NEW DELHI: Recently-listed Life Insurance Corporation (LIC) has broken into the latest Fortune Global 500 list, while Reliance Industries has jumped 51 places.

The Times of India

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Reliance Industries shares climb over 4%; ONGC jumps 7%

NEW DELHI: Shares of firms related to oil exploration and refineries were in heavy demand on Wednesday, with Reliance Industries and ONGC rallying after the government slashed windfall tax on petrol, diesel, jet fuel and crude oil.

The Times of India

Who are the top five richest people in the world? Trump win boosts Elon Musk's fortune

The X owner has seen his shares and bank balance rocket after Donald Trump’s victory in the election

Evening Standard

RIL and AFI sign long-term partnership

KOCHI: The Reliance Industries Limited (RIL) and the Athletics Federation of India (AFI) took their

The Hindu

Explained: Govt can garner Rs 1 lakh crore from duties, cess on petroleum products

NEW DELHI: The government could garner over Rs 1 lakh crore if it continues to levy cess/duty on production of petroleum crude, and on export of petrol, diesel, and ATF for the rest of fiscal 2023.

The Times of India

Govt slaps windfall tax on fuel exports, domestic crude

NEW DELHI: The government on Friday taxed petrol, diesel and jet fuel exports to discourage overseas sales by private refiners Reliance Industries and Nayara Energy without first meeting domestic commitments and levied additional duty on domestic crude to mop up part of the windfall gains from elevated prices caused by…

The Times of India

Explained in 10 charts: Why Mukesh Ambani's heirs will take over an empire different from what he inherited

NEW DELHI: Mukesh Ambani, the chairman of India's most valued firm Reliance Industries, has taken the first step to pass on the reins of leadership to the next generation of Ambanis.

The Times of India

Mukesh Ambani sets succession plan in motion by promoting his children

MUMBAI: Indian billionaire Mukesh Ambani just got busy with the early stages of succession planning at his energy-to-technology conglomerate Reliance Industries Ltd, naming two of his offspring as chiefs of key units in his $217 billion empire.

The Times of India

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Dynamite News

SC stays Tripura HC order seeking threat perception details of Ambani family

The Supreme Court on Wednesday stayed the Tripura High Court orders that had sought from the Centre the details of threat perception based on which security cover was provided to Reliance Industries chairman Mukesh Ambani and his family in Mumbai.

Dynamite News

Mukesh Ambani resigns from Reliance Jio Board, Akash appointed Chairman

Reliance Industries chairman Mukesh Ambani has resigned from the board of Reliance Jio handing over reigns to his elder son Akash Ambani, who will be Chairman of the Board of Directors.

The Guardian - UK

Concerns grow that India is ‘back door’ into Europe for Russian oil

Volume of Russian crude bought and then exported by India suggests some of it may end up in European petrol stations

Benzinga

33 Stocks Moving In Friday's Mid-Day Session

Gainers Revlon, Inc. (NYSE: REV) gained 81.5% to $3.54 following a report suggesting Reliance Industries is considering buying out the company, which recently filed for bankruptcy.

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The Times of India

Revlon jumps on report Reliance Industries is weighing an offer

NEW DELHI: Revlon shares surged as much as 62% in New York trading after ET Now reported that Reliance Industries is considering buying the cosmetics giant.

Benzinga

Indian Conglomerate Reliance Eyes Bankrupt Revlon: Reuters

Indian conglomerate company Reliance Industries is mulling acquiring cosmetics maker Revlon Inc (NYSE: REV), Reuters reported. The development comes in the wake of Revlon filing for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the Southern District of New York. Revlon is facing heavy debts as it struggles to compete with brands driven by social media…

The Independent UK

IPL fetches staggering media rights for over $6 billion

U.S. media giant Walt Disney and India’s Reliance Industries have won the broadcasting rights for the Indian Premier League for more than $6 billion, making the Twenty20 cricket competition one of the most lucrative sports leagues in the world in terms of cost per game

The Times of India

Govt to pursue $3.85 billion recovery from Reliance, partners

NEW DELHI: The government on Monday said it will pursue recovery of $3.85 billion from Reliance Industries and its partners in the Panna/Mukta and Tapti oil and gas fields case and is mulling an appeal against an English court order over cost recovery dispute in the same fields.

Birmingham Post

Indian billionaire Mukesh Ambani and Apollo Global Management reportedly make £5bn Boots bid

In April an insider told BusinessLive eighth richest on earth was interested in buying the high street business

The Guardian - UK

Reliance Industries and Apollo Global Management in £5bn bid for Boots

Mukesh Ambani teams up with US private equity fund, with Walgreens expected to retain minority stake

The Times of India

Apollo, Reliance are said to make binding offer for Boots

NEW DELHI: A consortium of Apollo Global Management and Reliance Industries has made a binding offer for Walgreens Boots Alliance’s international arm, people with knowledge of the matter said.

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