Reliance Industries

7 Indian firms in Fortune 500 list; Indian Oil Corporation tops, Reliance Industries up 55 ranks

American retail giant Walmart tops the latest Fortune listing, while Indian Oil Corporation jumped to 137th position, from its 168th rank last year.

Aug 1, 2018

Mukesh Ambani-led Reliance Industries acquires Radisys for $74 million

Reliance Industries Limited has signed a deal for a 100 percent stake in Oregon-based Radisys Corporation.

Jun 30, 2018

Reliance Industries to go for Jio IPO in 2-3 years: Report

In December 2017, Bloomberg reported that RIL was considering a Reliance Jio IPO by early 2019.

Jun 25, 2018

Who is the Indian business magnate who refused salary hike for 10 years consecutively?

The Reliance Industries chairman and the richest Indian with a net worth of $40.1 billion has not taken a pay hike for the 10th year in a row. However, other directors and key managerial personnel got a pay hike of around 13 percent.

Jun 8, 2018

Jio tariff price war: Zero-touch postpaid pack with lucrative data benefits launched

Reliance Jio's new zero-touch service offers most affordable rates for international calling, roaming and data benefits. Read to know about the new postpaid service.

May 11, 2018

ONGC, RIL to gain as gas prices set for a steep hike

Indian government may raise domestic natural gas prices to its highest level in two years to $3.06 per mmbtu from April 1.

Mar 23, 2018

Buy, Sell, Hold: What stocks are analysts tracking on Feb. 27

Analysts recommend buying stocks such as Reliance Industries, Hindalco Industries, Gujarat State Petronet, among others.

Feb 27, 2018

Stocks to watch on Feb. 21: Reliance Industries, Union Bank, Fortis Healthcare

Stocks such as Reliance Industries, Union Bank and Bank of Baroda are likely to move in trades on Wednesday.

Feb 21, 2018

Top 5 Nifty outperforming stocks in 2017

Shares of 33 of the 50 Nifty companies beat analyst forecasts made at the start of the year, the highest since 2014.

Dec 22, 2017

Reliance Industries likely to come up with Reliance Jio IPO soon

Mukesh Ambani is currently has been holding internal meetings to discuss the nitty-gritty of the IPO and the company is expected to list Jio as early as next year.

Dec 13, 2017

After gas fields tie-up, BP to join hands with Reliance to start petrol pumps in India

A year ago, the firm received an in-principle approval from the oil and petroleum ministry to roll out its petrol pump business in India.

Oct 19, 2017

Reliance Industries Q2 net profit rises 12.8%, Jio posted loss of Rs 271 crore

On a standalone basis, the company reported a net profit of Rs 8,265 crore, up 7.28 percent for the quarter ended September 2017.

Oct 13, 2017

Power up: BP, Reliance closing in on gas field near missile site

Reliance and BP are preparing a new development plan for gas-rich NEC-25 block in the Mahanadi basin.

Sep 8, 2017

Reliance Jio subscriber base has surpassed 130 million: Mukesh Ambani

The telecom operator added 29 million new subscribers in last one month, propelled because of highest number of customer addition (29 million) in a month. Out of this 29 million, Jio alone added 19.63 million subscribers.

Sep 7, 2017

RIL, BP to use floating system to produce deepest D6 gas find

RIL and BP had in mid-June this year announced investing Rs 40,000 crore in the three sets of finds to reverse the flagging production in KG-D6 block.

Aug 27, 2017

Reliance-BP combine to invest in power storage business

Reliance and BP in June extended their partnership to explore new prospects in clean energy besides focusing on conventional fuels.

Aug 22, 2017

Infosys stock hits new low, slammed out of Top 10 market cap league

In the last two trading sessions, investors have lost over Rs 36,500 crore in market capitalisation after the stock tumbled over 18 percent.

Aug 21, 2017

Modi govt blows $264 million fresh penalty on Reliance Industries, British Petroleum

The government has slapped a $264 million penalty on Reliance Industries and its partner British Petroleum on declining gas production and failure to achieve the target.

Aug 16, 2017

RIL, BP to submit revised investment plan for KG-D6 gas finds

The government had in 2012 approved a $1.529-billion plan to produce 10.36 million standard cubic meters per day of gas from four satellite fields of KG-D6 by 2016-17.

Aug 14, 2017

How Reliance is making use of startups to expand business

GenNext Hub runs two programmes — Scalerator for product-market fit for startups looking to scale up and Accelerator for concept-stage or product-ready startups looking for a market.

Aug 7, 2017