ONGC Overtakes Reliance As Most Valued Firm
13 years, 7 months ago

ONGC Overtakes Reliance As Most Valued Firm

India TV News  

Mumbai, Aug 26: State-run ONGC today toppled billionaire Mukesh Ambani-led Reliance Industries as the country's most valued company today, as a regular game of musical chairs for the top slot continued in the stock market. With a market valuation of Rs 2,37,842 crore, slightly higher than RIL's Rs 2,35,571 crore, the PSU energy major reclaimed the top position from the private sector corporate giant after a gap of nearly four and half years. RIL had first toppled ONGC to become the country's most-valued firm way back in late 2006, but the state-run energy giant later reclaimed the top position, albeit only for a few brief period. Earlier on August 17, state-run Coal India Ltd dethroned RIL as the top-valued firm, ending the private sector energy's giant over four-year reign at the top.

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History of this topic

Reliance Industries stock in bear grip but CLSA sees 30% upside on this key growth trigger. Time to buy?
4 months, 2 weeks ago

Reliance Industries stock in bear grip but CLSA sees 30% upside on this key growth trigger. Time to buy?

Live Mint  

For investors in Reliance Industries, foreign brokerage CLSA’s recent prediction of a 30% upside in the stock might come as a respite, especially amid the sell-off in the counter, which has pushed it into bear territory. Key Upside Trigger The reason behind CLSA’s bullish stance is RIL’s new energy business worth $40 billion, which it believes the market is ignoring. …

Reliance shares can create up to $100 billion wealth, Morgan Stanley predicts. Should you invest?
9 months ago

Reliance shares can create up to $100 billion wealth, Morgan Stanley predicts. Should you invest?

Hindustan Times  

Morgan Stanley said that Reliance Industries Ltd can add up to $100 billion to it market capitalisation in its fourth monetisation cycle this century as new cash flow streams emerge and valuation multiples catch up. Investments made in new energy, retail expansion to take market share from the unorganised sector, and repurposing of existing energy businesses provide a long runway …

Mukesh Ambani-led Reliance Industries achieves market cap of ₹20 lakh crore
1 year, 1 month ago

Mukesh Ambani-led Reliance Industries achieves market cap of ₹20 lakh crore

Hindustan Times  

Mukesh Ambani-led Reliance Industries Limited became the first Indian company to achieve a market capitalisation of ₹20 lakh crore. Mukesh Ambani, chairman of Reliance Industries Limited, The market valuation of the company surged to ₹20,01,279.72 crore during the intra-day session and at close, the market capitalisation stood at ₹19,81,635.72 crore. On the NSE, shares of Reliance Industries rose nearly 1.89 …

Mukesh Ambani rejoins $100 billion club as Reliance stock surges record 2.6%
1 year, 2 months ago

Mukesh Ambani rejoins $100 billion club as Reliance stock surges record 2.6%

Live Mint  

Mukesh Ambani is once again a centibillionaire. The richest person in India — and in Asia — saw his wealth climb $2.8 billion to $101.8 billion Thursday, as shares of his flagship, Reliance Industries Ltd., rose 2.6% to close at a record high. The listing last year of Reliance’s financial services unit, Jio Financial Services Ltd., helped to broaden the …

RIL AGM 2023: Reliance added 2.6 lakh jobs in FY23, says Mukesh Ambani
1 year, 7 months ago

RIL AGM 2023: Reliance added 2.6 lakh jobs in FY23, says Mukesh Ambani

Live Mint  

RIL AGM 2023: Reliance Industries Limited Chairman Mukesh Ambani, stated that Reliance had created 2.6 lakh new employment in the previous year. Reliance Industries has cumulatively invested more than $150 billion in the last 10 years, said Chairman Mukesh Ambani. Reliance Industries Chairman Mukesh Ambani congratulated all the scientists of ISRO on the success of the Chandrayaan 3 mission. The …

Reliance AGM 2022: Mukesh Ambani Lists 10 Tenets of Building Unique Leadership Capital
2 years, 7 months ago

Reliance AGM 2022: Mukesh Ambani Lists 10 Tenets of Building Unique Leadership Capital

ABP News  

Reliance Industries Ltd Chairman and Managing Director Mukesh Ambani on Monday after delivering his keynote address at the 45th annual general meeting of RIL, listed out 10 tenets of building unique leadership capital. Apart from launching of 5G services in India by Diwali to announcing Giga factory for power electronics, RIL chairman, who has completed 20 years as chairman of …

Investors Dump RIL Shares As Aramco Deal Yet To Fructify, JioPhone Next Launch Months Away
3 years, 9 months ago

Investors Dump RIL Shares As Aramco Deal Yet To Fructify, JioPhone Next Launch Months Away

ABP News  

Mumbai: Investors dump Reliance Industries Limited shares on Thursday as its chairman Mukesh Ambani failed to enthuse the shareholders at the annual general meeting of India's most valued firm. RIL shares were down 0.7% before the AGM speech started and was down throughout the AGM speech of Mukesh Ambani and fell further 2.7% towards the end of the speech. The …

44th AGM of RIL: Reliance Industries' contribution to Indian economy remains unmatched, says Mukesh Ambani
3 years, 9 months ago

44th AGM of RIL: Reliance Industries' contribution to Indian economy remains unmatched, says Mukesh Ambani

Firstpost  

44th AGM of RIL: Reliance Industries raised $44.4 billion, the largest-ever capital raised by any company in a year globally, says Mukesh Ambani Reliance Industries Limited chairman Mukesh Ambani while addressing the 44th AGM of the company on Thursday said that even in a challenging environment, the company’s performance continued to be outstanding. As India’s largest enterprise, RIL’s contribution to …

RIL AGM: ’Jio is not just working to make India 2G-mukt, but also 5G-yukt’, says Mukesh Ambani
3 years, 9 months ago

RIL AGM: ’Jio is not just working to make India 2G-mukt, but also 5G-yukt’, says Mukesh Ambani

Live Mint  

Reliance Industries' Chairman Mukesh Ambani made major announcements at the company's 44th Annual General Meeting today. I am confident that Reliance Retail is on a hyper growth trajectory to grow at least 3x in the next 3-5 years: Mukesh Ambani -Talking about Reliance Retail, Ambani says that the company added 1,500 new stores, which is amongst the largest retail expansion …

Reliance AGM 2021 LIVE Updates: Mukesh Ambani RIL 44th Annual General Meeting Announcements Jio Google 5G Phone JioBook Saudi Aramco
3 years, 9 months ago

Reliance AGM 2021 LIVE Updates: Mukesh Ambani RIL 44th Annual General Meeting Announcements Jio Google 5G Phone JioBook Saudi Aramco

ABP News  

Reliance AGM 2021 HIGHLIGHTS: Billionaire Mukesh Ambani, Asia's most affluent, is addressing the shareholders at the 44th Annual General Meeting of Reliance Industries Limited, India's most valued firm by market capitalization, today virtually. Ambani, known for making big bang announcements during the AGM, is expected to cheer the shareholders with mega announcements in its core O2C business and the consumer-facing …

Mukesh Ambani slips 3 spots on global rich list as RIL stock tumbles
4 years, 4 months ago

Mukesh Ambani slips 3 spots on global rich list as RIL stock tumbles

India Today  

Billionaire Mukesh Ambani has slipped three positions in the Forbes Real-Time Billionaires list after Reliance Industries Limited suffered heavy losses in the stock market. Shares of the oil-to-telecom conglomerate fell sharply on the stock market on Monday after the company posted a 15 per cent year-on-year drop in September quarter net profit to Rs 9,570 crore. The sharp decline resulted …

Reliance is now among top 100 global companies
4 years, 7 months ago

Reliance is now among top 100 global companies

India TV News  

It appears that there is no stopping for Mukesh Ambani or for reliance. Now, Reliance Industries had jumped 10 places to break into world's top 100 companies on Fortune Global 500 list. Reliance had broken into the top 100 in 2012 ranking when it was ranked 99th but slipped in subsequent years to rank 215th in 2016. State-owned Indian Oil …

Mukesh Ambani's Reliance Industries creates history, hits ₹ 9 lakh crore m-cap
5 years, 5 months ago

Mukesh Ambani's Reliance Industries creates history, hits ₹ 9 lakh crore m-cap

India TV News  

Billionaire Mukesh Ambani's Reliance Industries on Friday added another feather to its cap and became the first Indian firm to hit the Rs 9 lakh crore market valuation mark. Meanwhile, on the National Stock Exchange, Reliance Industries shares jumped up by 2.25 per cent to Rs. In August 2018, RIL became the first domestic firm to cross the Rs 8 …

Mukesh Ambani bolsters hold over RIL with stake hike, shares up
5 years, 6 months ago

Mukesh Ambani bolsters hold over RIL with stake hike, shares up

The Quint  

New Delhi, Sep 19 With Saudi oil major Aramco buying stake in Reliance Industries oil-to-chemical business and uncertainty over likely changes in the equity structure of the company, Mukesh Ambani has increased his stake in RIL in a symbolic manner. Reliance Services and Holdings, an Ambani firm, acquired 17.18 crore equity shares, or 2.71 per cent stake on September 13. …

Reliance Industries chairman Mukesh Ambani now world's 11th richest person
6 years, 7 months ago

Reliance Industries chairman Mukesh Ambani now world's 11th richest person

India TV News  

Reliance Industries Ltd chairman Mukesh Ambani has now become the 11th richest man in the world with a total wealth of about 50 billion dollar or approx Rs 3.40 lakh crore. On Thursday, the value of share of Reliance Industries Ltd touched Rs 1231 which increased the total worth of the refinery-to-telecom conglomerate to Rs 7.80 lakh crore. At July's …

Mukesh Ambani-led Reliance Industries becomes second Indian company to join $100 billion club after TCS
6 years, 8 months ago

Mukesh Ambani-led Reliance Industries becomes second Indian company to join $100 billion club after TCS

India TV News  

Mukesh Ambani-led Reliance Industries on Thursday became the second Indian company to enter the $100-billion club. Three months after Tata Consultancy Services Ltd.became India’s first information technology major to breach the $100-billion mark in market capitalisation, Reliance Industries’s market value crossed the milestone for the first time in the last 10 years today. RIL has been able to scale $100 …

Mukesh Ambani-led Reliance Industries now world’s third largest energy company: Platts
7 years, 6 months ago

Mukesh Ambani-led Reliance Industries now world’s third largest energy company: Platts

India TV News  

Reliance Industries Ltd has jumped five places to rank as the world's third-biggest energy company, behind Russian gas giant Gazprom and German utility E.ON, Platts Top 250 global energy company rankings released on Monday said. While 14 Indian energy companies made it to the S&P Global Platts Top 250 Global Energy Company Rankings, they were one short of the tally …

TCS Overtakes RIL As Country's Most Valued Firm
13 years, 3 months ago

TCS Overtakes RIL As Country's Most Valued Firm

India TV News  

Mumbai, Dec 30: Billionaire Mukesh Ambani-led Reliance Industries today lost its position of the country's most valued company to the IT giant TCS, part of the salt-to-software conglomerate Tata group. RIL had been briefly dethroned from its position of the country's most valued company twice in August—first to Coal India Ltd and then to another state-run firm ONGC. Earlier this …

Mukesh to be world’s richest Indian
18 years, 1 month ago

Mukesh to be world’s richest Indian

Hindustan Times  

Mukesh Ambani, chairman and managing director of Reliance Industries Limited, is on his way to becoming the richest Indian in the world, overtaking Lakshmi Niwas Mittal, CEO and MD of Arcelor Mittal. HT Image After the proposed preferential issue of equity shares to promoters on Saturday, Ambani will control 54.8 per cent of the equity holding in RIL, India’s largest …

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