RIL AGM 2023: Reliance added 2.6 lakh jobs in FY23, says Mukesh Ambani
1 year, 3 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 market is expecting multiple announcements in the Reliance AGM 2023 around Future Retail IPO, Reliance Jio IPO, the launch of 5G devices, details around Jio Financial Services and the succession plans of RIL in the future.

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History of this topic

Reliance seeks up to $3 billion in biggest India loan since 2023
Trending News
2 weeks ago

Reliance seeks up to $3 billion in biggest India loan since 2023

Live Mint  

Billionaire Mukesh Ambani-owned Reliance Industries is in talks with banks for a loan of $3 billion, the largest offshore borrowing from an Indian company in over a year. Reliance Industries has approximately $2.9 billion worth of debt due in 2025, including interest payments, according to data compiled by Bloomberg News. If the borrowing goes through, it would mark Reliance Industries’ …

Reliance Industries Share Price Today on 26-11-2024: Reliance Industries share price are up by 0.3%, Nifty down by -0.01%
Top News
4 weeks ago

Reliance Industries Share Price Today on 26-11-2024: Reliance Industries share price are up by 0.3%, Nifty down by -0.01%

Live Mint  

Reliance Industries Share Price Today on 26-11-2024: At 26 Nov 11:15 today, Reliance Industries shares are trading at price ₹1291.65, 0.3% up from the previous closing price. On the technical front, the stock is trading above the 5,10 days SMA & lower than the 20,50,100,300 day SMA. The stock will have support at 5,10 days SMA & face resistance at …

Reliance Industries Share Price Today on 25-11-2024: Reliance Industries share price are up by 2.69%, Nifty up by 1.81%
Top News
4 weeks, 1 day ago

Reliance Industries Share Price Today on 25-11-2024: Reliance Industries share price are up by 2.69%, Nifty up by 1.81%

Live Mint  

Reliance Industries Share Price Today on 25-11-2024: At 25 Nov 11:26 today, Reliance Industries shares are trading at price ₹1300, 2.69% up from the previous closing price. On the technical front, the stock is trading above the 5,10,20 days SMA & lower than the 50,100,300 day SMA. The stock will have support at 5,10,20 days SMA & face resistance at …

Reliance Industries Share Price Today on 22-11-2024: Reliance Industries share price are up by 1.39%, Nifty up by 1.04%
1 month ago

Reliance Industries Share Price Today on 22-11-2024: Reliance Industries share price are up by 1.39%, Nifty up by 1.04%

Live Mint  

Reliance Industries Share Price Today on 22-11-2024: At 22 Nov 12:09 today, Reliance Industries shares are trading at price ₹1240.2, 1.39% up from the previous closing price. On the technical front, the stock is trading below the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. …

Reliance Industries stock in bear grip but CLSA sees 30% upside on this key growth trigger. Time to buy?
1 month, 1 week 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 Industries Share Price Today on 12-11-2024: Reliance Industries share price are up by 0%, Nifty down by -1.07%
1 month, 1 week ago

Reliance Industries Share Price Today on 12-11-2024: Reliance Industries share price are up by 0%, Nifty down by -1.07%

Live Mint  

Reliance Industries Share Price Today on 12-11-2024: At 12 Nov 16:01 today, Reliance Industries shares are trading at price ₹1273.1, 0% up from the previous closing price. On the technical front, the stock is trading below the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. …

Reliance Industries Share Price Today on 11-11-2024: Reliance Industries share price are down by -0.85%, Nifty down by -0.03%
1 month, 1 week ago

Reliance Industries Share Price Today on 11-11-2024: Reliance Industries share price are down by -0.85%, Nifty down by -0.03%

Live Mint  

Reliance Industries Share Price Today on 11-11-2024: At 11 Nov 16:01 today, Reliance Industries shares are trading at price ₹1273.05, -0.85% down from the previous closing price. On the technical front, the stock is trading below the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. …

Reliance Industries Share Price Today on 07-11-2024: Reliance Industries share price are down by -1.5%, Nifty down by -1.16%
1 month, 2 weeks ago

Reliance Industries Share Price Today on 07-11-2024: Reliance Industries share price are down by -1.5%, Nifty down by -1.16%

Live Mint  

Reliance Industries Share Price Today on 07-11-2024: At 07 Nov 16:01 today, Reliance Industries shares are trading at price ₹1305.65, -1.5% down from the previous closing price. On the technical front, the stock is trading below the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. …

Reliance Industries Share Price Today on 06-11-2024: Reliance Industries share price are up by 1.5%, Nifty up by 1.12%
1 month, 2 weeks ago

Reliance Industries Share Price Today on 06-11-2024: Reliance Industries share price are up by 1.5%, Nifty up by 1.12%

Live Mint  

Reliance Industries Share Price Today on 06-11-2024: At 06 Nov 16:00 today, Reliance Industries shares are trading at price ₹1325.55, 1.5% up from the previous closing price. On the technical front, the stock is trading below the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. …

Isha Ambani Charts Out Expansion Plans For Reliance Retail's Food, Grocery Business
3 months, 3 weeks ago

Isha Ambani Charts Out Expansion Plans For Reliance Retail's Food, Grocery Business

News 18  

Reliance AGM 2024: Isha Ambani, the Director of Reliance Retail Ventures Limited, shared the latest updates and plans for the retail business. Talking about plans for Reliance Retail during the 47th AGM of Reliance Industries on August 29, Isha Ambani said that the business is establishing 7-Eleven stores as a leading 24×7 convenience destination, offering localised fresh food and beverages …

RIL AGM 2024: Reliance Retail Among Top-5 Global Retailers In Store Numbers, Mukesh Ambani Shares 6 Pillars
3 months, 3 weeks ago

RIL AGM 2024: Reliance Retail Among Top-5 Global Retailers In Store Numbers, Mukesh Ambani Shares 6 Pillars

News 18  

Reliance AGM 2024 Live: Reliance Industries chairman Mukesh Ambani on Thursday announced that Reliance Retail is among the top 5 global retailers in terms of number of stores. During the year, Reliance Retail undertook an equity fund raise of ₹17,814 crore, achieving a valuation milestone of USD 100 billion. Mukesh Ambani shared six pillars of retail business; “First, the retail …

Reliance AGM 2024: Mukesh Ambani says Reliance will consider issuing bonus shares in 1:1 ratio
3 months, 3 weeks ago

Reliance AGM 2024: Mukesh Ambani says Reliance will consider issuing bonus shares in 1:1 ratio

India TV News  

Reliance AGM 2024: Reliance Industries Chairman Mukesh Ambani on Thursday addressed the shareholders at the RIL AGM 2024 and said Reliance is truly blessed to make humble but crucial contribution to India. Mukesh Ambani said that the Reliance will be holding a board of directors meeting on September 5 to consider issuing bonus shares in the ratio of 1:1. We …

Reliance shares can create up to $100 billion wealth, Morgan Stanley predicts. Should you invest?
5 months, 3 weeks 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 …

SBI topples Reliance Industries as most profitable company, logs in a record Rs 20,698 crore net in Q4
7 months, 2 weeks ago

SBI topples Reliance Industries as most profitable company, logs in a record Rs 20,698 crore net in Q4

New Indian Express  

MUMBAI: The nation’s largest lender State Bank of India has reported record quarterly and annual profit numbers with a 24 percent growth in the March quarter earnings at Rs 20,698 crore—the highest in the entire India Inc including that of the otherwise most-profitable Reliance Industries, while annual profit peaked at Rs 61,077 crore. At Rs 20,698 crore, SBI’s March quarter …

Mukesh Ambani-led Reliance Industries achieves market cap of ₹20 lakh crore
10 months, 1 week 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 …

Reliance share price at record high: What exactly is happening and why
10 months, 3 weeks ago

Reliance share price at record high: What exactly is happening and why

Hindustan Times  

Shares of Reliance Industries are trading at a record high today which has led to the stock crossing market capitalisation of ₹19 lakh crore for the first time. Reliance Share Price: Reliance Industries Chairman, and Managing Director Mukesh Ambani. With its market capitalisation crossing ₹19 lakh crore, Reliance Industries is the most valued company in the Indian stock market. This …

Reliance Industries posts 9 per cent surge in Q3 net profit to Rs 17,265 crore
11 months ago

Reliance Industries posts 9 per cent surge in Q3 net profit to Rs 17,265 crore

India TV News  

Reliance Industries Limited reported a 9 per cent rise in its third quarter net profit which stood at Rs 17,265 crore. Jio Platforms Limited witnessed an 11.4 per cent Y-o-Y increase in revenue, driven by robust subscriber growth in mobility and homes, along with improved average revenue per user. Reliance Retail Ventures Limited showed a strong performance, with a 22.8 …

Q3 results: Alok Industries posts ₹215.50-crore loss
11 months, 1 week ago

Q3 results: Alok Industries posts ₹215.50-crore loss

Live Mint  

Alok Industries Ltd on Wednesday announced the financial results for the third quarter ended December 31, 2023 of the current fiscal year On a standalone basis, the company reported a loss for the October-December period of FY24 at ₹215.50 crore. Total income of Alok Industries Ltd for the December quarter of FY24 was reported at ₹1,217.54 crore, as compared to …

Reliance Industries to announce Q3FY24 results on 19 January
11 months, 1 week ago

Reliance Industries to announce Q3FY24 results on 19 January

Live Mint  

India's multinational conglomerate Reliance Industries Limited will announce its third-quarter results on 19 January. In a regulatory filing, the company informed that a presentation to analysts and media on the financial results ending 31 December 2023 will be made on the same day after the board's meeting. “We wish to inform you that pursuant to Regulation 29 and other applicable …

Mukesh Ambani rejoins $100 billion club as Reliance stock surges record 2.6%
11 months, 1 week 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 …

Gautam Adani fortune tanked ₹3 lakh crore in 2023. How Mukesh Ambani fared?
11 months, 3 weeks ago

Gautam Adani fortune tanked ₹3 lakh crore in 2023. How Mukesh Ambani fared?

Hindustan Times  

Gautam Adani's fortune saw a significant decline of $37.3 billion, reaching $83.2 billion, marking a 31 per cent decrease, according to Bloomberg Billionaires Index. The chairman of Reliance Industries has a fortune standing at $97.1 billion, reflecting a notable increase of $9.98 billion, registering 11.5 per cent growth in 2023. Tech billionaires witnessed a 48 per cent increase in their …

RIL Eyeing Digital Data Platforms, AI Adoption
11 months, 3 weeks ago

RIL Eyeing Digital Data Platforms, AI Adoption

Deccan Chronicle  

New Delhi: As artificial intelligence is gradually getting a prominent shape in global businesses’ space, billionaire Mukesh Ambani, chairman and managing director at Reliance Industries, said that Reliance is now aiming to consolidate a place among global leaders in digital data platforms and artificial intelligence adoption. The Ambani further said that as India races ahead to become the world’s third …

Bengal receives worth Rs 3.76 lakh crore investment proposals at business summit
1 year, 1 month ago

Bengal receives worth Rs 3.76 lakh crore investment proposals at business summit

India TV News  

West Bengal has received investment proposals worth over Rs 3.76 lakh crore during the business summit that concluded today, informed Chief Minister Mamata Banerjee. Reliance to invest additional Rs 20,000-crore investment in Bengal Yesterday, Reliance Industries Chairman and MD Mukesh Ambani announced an additional Rs 20,000-crore investment for West Bengal over the next three years. We plan to invest an …

RIL invested ₹45,000 crore in West Bengal, additional Rs. 20,000 crore planned
1 year, 1 month ago

RIL invested ₹45,000 crore in West Bengal, additional Rs. 20,000 crore planned

Live Mint  

Reliance Industries has invested ₹45,000 crore in West Bengal and is further planning to invest additional Rs. 20,000 crore in the next three years, chairman Mukesh Ambani said at the 7th Edition of Bengal Global Business Summit in Kolkata. Ambani further said that Reliance Retail will also expand the number of retail stores from 1000 to 1200 within next two …

'Reliance Industries will invest additional Rs 20,000 cr in West Bengal in three years', says Mukesh Ambani
1 year, 1 month ago

'Reliance Industries will invest additional Rs 20,000 cr in West Bengal in three years', says Mukesh Ambani

India TV News  

Reliance Industries chairman and MD Mukesh Ambani has announced that an additional Rs 20,000 crore will be invested in West Bengal in the next three years. "We plan to invest an additional Rs 20,000 crore in Bengal in the next three years for enhancing digital life solutions, augmenting Reliance Retail footprint and on bio-energy," he said at the Bengal Global …

Forbes India rich list: Mukesh Ambani back as No 1, Adani drops as Polycab’s Jaisinghani gains
1 year, 2 months ago

Forbes India rich list: Mukesh Ambani back as No 1, Adani drops as Polycab’s Jaisinghani gains

Hindustan Times  

Reliance chairperson Mukesh Ambani has reclaimed the top spot on the Forbes list of 100 richest Indians this year. The magazine estimated Mukesh Ambani's net worth to be $92 billion. The net worth of Gautam Adani, who had surpassed Ambani last year to be the richest Indian, plummeted by a whopping $82 billion to $68 billion because of the Hindenburg …

Mukesh Ambani reclaims India's richest man spot from Gautam Adani
1 year, 2 months ago

Mukesh Ambani reclaims India's richest man spot from Gautam Adani

Deccan Chronicle  

Mumbai: Mukesh Ambani, the 66 year old chairman of Reliance Industries Limited has reclaimed the title of India's richest individual on the 360 One Wealth Hurun India Rich List 2023 overtaking Adani Group chairman Gautam Adani, who had occupied the top spot in 2022 list. Mukesh Ambani’s net worth stood at Rs 8.08 lakh crore in 2023 up 2 per …

Mukesh Ambani’s Reliance Retail in talks to raise $2.5 billion: Report
1 year, 3 months ago

Mukesh Ambani’s Reliance Retail in talks to raise $2.5 billion: Report

Live Mint  

Indian billionaire Mukesh Ambani's Reliance Retail Ventures is in advanced talks with global investors to raise around $2.5 billion by the end of September, ahead of a potential stock market listing, people familiar with the matter told Reuters. Three sources said the target fund raise of $2.5 billion is part of a combined $3.5 billion target the firm has set …

RIL AGM 2023: Mukesh Ambani lists 5 goals that will fulfil dreams of 1.4 billion Indians
1 year, 3 months ago

RIL AGM 2023: Mukesh Ambani lists 5 goals that will fulfil dreams of 1.4 billion Indians

Firstpost  

At the 46th RIL AGM, Mukesh Ambani called the new Reliance ‘a new-age technology company. Today, we are a producer, deployer and democratiser of technology’ Mukesh Ambani, Chairman and Managing Director of Reliance Industries, on Monday listed out five goals that will fulfil the dreams of all 1.4 billion Indian. Speaking about his futuristic plans at the Reliance Industries Limited’s …

Reliance AGM 2023: Mukesh Ambani To Remain Chairman & MD for Next 5 Years
1 year, 3 months ago

Reliance AGM 2023: Mukesh Ambani To Remain Chairman & MD for Next 5 Years

News 18  

Mukesh Ambani, chairman of Reliance Industries Limited, on Monday addressed the 46th Annual General Meeting. This AGM closely follows the listing of Jio Financial Services and Qatar Investment Authority’s purchase of a stake in Reliance Retail Ventures Limited. While chairman Mukesh Ambani-led conglomerate is set for its 46th AGM, investors have been eagerly waiting for announcements on the timeline of …

Ambani Scions Made Reliance Board Members
1 year, 3 months ago

Ambani Scions Made Reliance Board Members

Deccan Chronicle  

The Reliance Industries Limited held its 46th Annual General Meeting for its shareholders on Monday. Changes in Reliance Board Nita Ambani stepped down from the Board of Directors of Reliance Industries Limited, making way for children Isha, Akash and Anant to become the non-executive directors on the RIL Board. Key Takeaways Jio Financial Services was mini bonus for long-term RIL …

RIL 46th AGM: Ambani scions to join Reliance board
1 year, 3 months ago

RIL 46th AGM: Ambani scions to join Reliance board

Live Mint  

On the 46th RIL AGM, Reliance Industries Ltd appointed Isha Ambani, Akash Ambani, and Anant Ambani as directors to the board of the oil-to-telecoms conglomerate. In an exchange filing, RIL informed shareholders on Monday, "The Board of Directors of RIL, at its meeting held today, on the recommendation of the Human Resources, Nomination and Remuneration Committee, considered and recommended to …

RIL AGM 2023: Isha, Akash and Anant Appointed On RIL board; Nita Ambani to Step Down
1 year, 3 months ago

RIL AGM 2023: Isha, Akash and Anant Appointed On RIL board; Nita Ambani to Step Down

News 18  

RIL AGM 2023: Reliance Industries Ltd on Monday, August 28, said its RIL board has recommended appointment of Isha Ambani, Akash Ambani and Anant Ambani on its board of directors. ISHA M AMBANI Isha M Ambani is part of the executive leadership teams as a Member of the Board at Reliance Retail Venture Ltd, Reliance Jio and Reliance Foundation, Reliance …

Reliance AGM 2023: Mukesh Ambani begins speech with tribute Chandryaan 3 success
1 year, 3 months ago

Reliance AGM 2023: Mukesh Ambani begins speech with tribute Chandryaan 3 success

Live Mint  

Reliance AGM 2023: Chairman and MD of Reliance Industries Limited, Mukesh Ambani began the speech of 46th Annual General Meeting by congratulating ISRO for its historic success of Chandrayaan-3 mission. In his speech, Mukesh Ambani said, “This is a new India full of self confidence." India has consolidated its position as a global space power,” said Mukesh Ambani. Continuing his …

Reliance AGM 2023: ‘We are now a new-age tech company’ says RIL chairman
1 year, 3 months ago

Reliance AGM 2023: ‘We are now a new-age tech company’ says RIL chairman

Live Mint  

Reliance AGM 2023: Reliance Industries Limited Chairman Mukesh Ambani on Monday addressed the 46th Annual General Meeting and affirmed that RIL has now become a ‘New Reliance’ which is a new-age technology company with distinctive capabilities. These achievements are a testament to our faith in India to the unlimited India opportunity and to the boundless Indian talent,” RIL Chairman Mukesh …

RIL trades flat ahead of 46th AGM at 2 pm today; Jio Financial surges 5%
1 year, 3 months ago

RIL trades flat ahead of 46th AGM at 2 pm today; Jio Financial surges 5%

Business Standard  

Shares of Reliance Industries Limited were flat at Rs 2,483 apiece on the BSE in Monday's intra-day trade ahead of 46th annual general meeting. As of 10:55 am, shares of JFSL were up 4.7 per cent to Rs 222 apiece on the BSE, while the stock clinched itself as top Nifty50 performer, up 3.7 per cent on the NSE. In …

Reliance share price volatile ahead of 46th AGM
1 year, 3 months ago

Reliance share price volatile ahead of 46th AGM

Live Mint  

Reliance Industries share price opened nominally higher but traded volatile in early deals on Monday ahead of the company's 46th Annual General Meeting. Prashanth Tapse, Senior VP of Research at Mehta Equities underscored that all eyes would be on RIL AGM and its announcement focusing on Jio Financial's future outlook post-demerger and other high hopes on Future Retail IPO, Reliance …

Mukesh Ambani’s Reliance Industries Limited may sell 8-10% stake in RRVL: Report
1 year, 3 months ago

Mukesh Ambani’s Reliance Industries Limited may sell 8-10% stake in RRVL: Report

Live Mint  

Ahead of the proposed IPO of Reliance Retail Ventures Ltd, Mukesh Ambani's RIIL is planning to sell an additional 8-10% stake in RRVL, reported Economic Times citing inputs from industry experts. On Thursday, Qatar Investment Authority announced an investment of ₹8,278 crores into Ambani's Reliance Retail Ventures Limited, a subsidiary of Reliance Industries Limited. Isha Mukesh Ambani, director, Reliance Retail …

Reliance Retail Reports 42% Growth In Transactions, Crosses One Billion Mark In FY23
1 year, 4 months ago

Reliance Retail Reports 42% Growth In Transactions, Crosses One Billion Mark In FY23

ABP News  

Mukesh Ambani’s Reliance Retail has crossed the benchmark of one billion transactions in the fiscal year 2023, Reliance Industries noted in its annual report released on Sunday. Further, RIL also noted in the annual report that moving forward, the next step for the retail company is to expand it’s reach into Tier 2 and 3 markets through more stores. The …

Reliance seeks shareholder nod to appoint Mukesh Ambani as head for 5 more years
1 year, 4 months ago

Reliance seeks shareholder nod to appoint Mukesh Ambani as head for 5 more years

Hindustan Times  

Reliance Industries Ltd, India's most valuable company, has sought shareholder's approval to give Mukesh Ambani another five-year term as chairman and managing director of the company till 2029 -- a period during which he has opted to draw nil salary. In the special resolution posted to shareholders, Reliance said its Board of Directors on July 21, 2023 approved "re-appointed Mukesh …

Reliance seeks shareholder nod to appoint Mukesh Ambani as head for another 5 years at nil salary
1 year, 4 months ago

Reliance seeks shareholder nod to appoint Mukesh Ambani as head for another 5 years at nil salary

The Hindu  

Reliance Industries Ltd, India's most valuable company, has sought shareholder's approval to give Mukesh Ambani another five-year term as chairman and managing director of the company till 2029 — a period during which he has opted to draw nil salary. In a special resolution, Reliance sought the nod of shareholders to appoint Mr. Ambani as the head of the company …

Reliance seeks to extend Mukesh Ambani's term as chairman for 5 more years
1 year, 4 months ago

Reliance seeks to extend Mukesh Ambani's term as chairman for 5 more years

India TV News  

Reliance Industries Ltd has sought shareholders' nod to give Mukesh Ambani another five years as the Chairman and Managing Director of the company extending his tenure until 2029. Reliance sought nod of shareholders In the special resolution posted to shareholders, Reliance said its Board of Directors on July 21, 2023, approved "re-appointed Mukesh D. Ambani as Managing Director, for a …

Reliance Industries to hold AGM on August 28, 2023
1 year, 4 months ago

Reliance Industries to hold AGM on August 28, 2023

Live Mint  

Reliance Industries on Friday said its annual general meeting of shareholders will be held on August 28, 2023 through video conferencing. The company in an exchange filing said,"This is to inform that the Forty-sixth Annual General Meeting of the Members of the Company wilI be held on Monday, August 28, 2023 at 2:00 p.m. through Video Conferencing / Other Audio-Visual …

Reliance Industries Q1FY24 Net Profit Declines 6% Dented By Oil-To-Chemicals Performance
1 year, 5 months ago

Reliance Industries Q1FY24 Net Profit Declines 6% Dented By Oil-To-Chemicals Performance

News 18  

Reliance Industries Ltd reported on July 21 a year-on-year decrease of 6 percent in the consolidated net profit at Rs 18,258 crore in the first quarter of the financial year 2023-24 as muted performance in the oil-to-chemicals partly offset the strong growth in consumer-facing businesses The conglomerate’s consolidated total revenue in the June quarter declined to Rs 231,132 crore from …

Reliance-Jio Financial demerger defies all bets, JFSL valued at ₹261.85/share
1 year, 5 months ago

Reliance-Jio Financial demerger defies all bets, JFSL valued at ₹261.85/share

Hindustan Times  

The Mukesh Ambani-led Reliance Industries Limited on Thursday demerged its financial section Jio Financial Services Limited at a 1:1 ratio. After the special pre-opening session by the National Stock Exchange, RIL was valued at ₹2,580 and JFSL at ₹261.85 per share, much higher than what analysts predicted. Reliance Industries Limited logo On the Bombay Stick Exchange, which also conducted a …

Mukesh Ambani's daughter Isha, former CAG Rajiv Mehrishi appointed directors on RIL's financial services unit
1 year, 5 months ago

Mukesh Ambani's daughter Isha, former CAG Rajiv Mehrishi appointed directors on RIL's financial services unit

The Hindu  

Billionaire Mukesh Ambnai's daughter Isha and former CAG Rajiv Mehrishi are among the directors appointed on the board of demerged financial services unit of Reliance Industries Ltd, the company said on Saturday. Reliance had previously announced plans to demerge its financial services undertaking into Reliance Strategic Investments Limited and rename and list it as Jio Financial Services Limited. "In accordance …

Reliance Industries' Q4 profit sees 18% year-on-year jump at ₹21,327 crore
1 year, 8 months ago

Reliance Industries' Q4 profit sees 18% year-on-year jump at ₹21,327 crore

Hindustan Times  

Reliance Industries has posted an 18.3 per cent jump in its profit after tax to ₹21,327 crore for the quarter ended March 31, 2023, against ₹18,021 crore in the year-ago period. The company said it achieved a record annual consolidated profit after tax at ₹74,088 crore in FY23 against ₹65,009 crore in FY22, which is up 14 per cent year-on-year. …

Reliance to invest ₹75,000 crore in Uttar Pradesh in 4 years: Mukesh Ambani
1 year, 10 months ago

Reliance to invest ₹75,000 crore in Uttar Pradesh in 4 years: Mukesh Ambani

The Hindu  

Reliance Industries Ltd will invest ₹75,000 crore in rolling out 5G mobile telephone services, expanding retail network and setting up renewable energy capacity in Uttar Pradesh in the next four years, its chairman Mukesh Ambani said on February 10. Speaking at the Uttar Pradesh Global Investors Summit 2023 here, Mr. Ambani said his group will set up 10 GigaWatts of …

After telecom and retail, what is Mukesh Ambani’s next big plan?
1 year, 11 months ago

After telecom and retail, what is Mukesh Ambani’s next big plan?

Live Mint  

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. Asia’s second-richest man is known for his single-minded focus on key pursuits: In the 1990s he lived for months in shipping containers …

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