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The Latest Breaking News from RIL

Reliance Retail’s standalone Swadesh store opens in Hyderabad

Nita Ambani inaugurated the first Swadesh store of Reliance Retail in Telangana, a 20,000 sq ft store showcasing products made by India's skilled artisans.

The Hindu

Commerce Department partners with major VC firms encourage startups to be “responsible” in AI use

The effort, led by General Catalyst, expands an effort to encourage responsible AI that was previously focused on Big Tech firms.

Fortune

Reliance AGM 2023: RIL recommends appointment of Isha, Akash and Anant on Board of Directors

The Board of Directors also accepted the resignation of Nita Ambani from the Board respecting her decision to devote her energies to Reliance Foundation. Nita Ambani will continue as Chairperson of the Foundation. Read further on Dynamite News:

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Mukesh Ambani’s children join Reliance Board; Nita Ambani to step down

The Board of Directors of Reliance Industries Limited considered and recommended to the shareholders for approval of appointment of Isha Ambani, Akash Ambani and Anant Ambani as Non-Executive Directors of the Company.

The Hindu

Sensex surges 600 points to scale 61,000-mark; ITC, RIL sparkle

MUMBAI: The BSE benchmark sensex surged 600 points on Tuesday, propelled by market heavyweight RIL, ITC, banking and IT shares amid positive global cues.

The Times of India

Sensex falls 236 points to close at 60,622; HUL, RIL top drags

NEW DELHI: Equity indices finished lower for 2nd straight session on Friday amid weak trends from global markets.

The Times of India

Reliance retail arm to acquire controlling stake in Lotus Chocolate

NEW DELHI: The retail arm of Reliance Industries has acquired 51% controlling stake in Lotus Chocolate Company, RIL said in an official release on Thursday.

The Times of India

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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

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

Reliance Industries Q2 net profit remains flat at Rs 13,656 crore; hit by weak refining margins

NEW DELHI: India's most valuable company Reliance Industries on Friday reported a flat profit for the second quarter of the financial year 2022-23.

The Times of India

Sensex sinks 861 points as hawkish Fed roils global markets

MUMBAI: Equity markets buckled under selling pressure on Monday as an intense sell-off emerged in IT, teck and banking stocks amid a bearish trend overseas following hawkish comments from the US Federal Reserve.

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

Reliance AGM 2022: Jio to launch 5G by Diwali, aims to cover entire country by 2023, Mukesh Ambani

Reliance chairman Mukesh Ambani made the announcement while addressing the shareholders at the Annual General Meeting via immersive and interactive metaverse technology. Read more on Dynamite News:

Dynamite News

Mukesh Ambani looks to repeat telecom feat in new energy

NEW DELHI: Reliance Industries Ltd, whose offering of rock-bottom tariffs shook up the telecom industry, is looking to repeat the feat in the green energy business, where its billionaire chairman Mukesh Ambani sees promise to outshine all existing growth engines in 5-7 years.

The Times of India

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The Times of India

BCCI ethics officer asks Nita Ambani to respond to conflict of interest allegations

NEW DELHI: BCCI ethics officer Vineet Saran on Friday asked Mumbai Indians owner Nita Ambani to file a written response by September 2 to conflict of interest allegations levelled against her.

The Hindu

IPL owners foray into South Africa league may lead to Indian cricketers’ entry in overseas leagues

Mumbai

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

India may see $150 billion investment in hydrogen sector in 10 years: RIL official

NEW DELHI: India provides immense opportunities in the field of hydrogen and is likely to attract an investment of up to $150 billion, a RIL official said on Wednesday.

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The Times of India

Reliance Retail Q4 pre-tax profit rises to Rs 3,705 crore; FY22 gross revenue touches nearly Rs 2 lakh crore

NEW DELHI: Reliance Retail Ltd on Friday posted a 2.43 per cent rise in pre-tax profit at Rs 3,705 crore for the fourth quarter ended March 2022 and its gross revenue for the full fiscal jumped to nearly Rs 2 lakh crore.

The Times of India

Reliance's unique energy transition story

NEW DELHI: Reliance Industries' strong cash flow generation in the 'best in class' old energy business can fund the capex of the new energy business and in turn drive one of the fastest and most profitable net-zero transitions by 2035 amongst large energy companies, Goldman Sachs has said.

Benzinga

Amazon Dubs Take Over Of 800 Future Retail Stores By Reliance A 'Sham Transaction'

The ongoing tussle between the American e-commerce giant Amazon.com Inc. (NASDAQ: AMZN) and Indian retailer Future Retail (FRL) continued in the Delhi High Court on Tuesday (Indian Standard Time).

The Times of India

Reliance Industries shares jump over 5%; m-cap zooms Rs 78,955 crore

NEW DELHI: Shares of Reliance Industries Limited (RIL) on Wednesday jumped over 5 per cent after four days of decline.

The Times of India

Reliance Brands acquires majority stake in Abraham & Thakore

Reliance Retail Ventures Ltd, the retail arm of the Mukesh Ambani-led conglomerate RIL, announced an investment in 30-year-old designer brand Abraham Thakore (AT) for a majority stake.

The Times of India

Sensex drops over 220 points in early trade; Nifty slips below 17,500

MUMBAI: Equity benchmark sensex declined over 220 points in opening trade on Friday, tracking weakness in index heavyweights Wipro, TCS, Infosys and RIL amid a mixed trend in the global market.

The Times of India

Reliance Industries Q3 net profit jumps 41.5% to Rs 18,549 crore

NEW DELHI: Reliance Industries Limited (RIL) on Friday posted a 41.58 per cent jump in its consolidated net profit for the third quarter (Q3) ending December 31, 2021.

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