Reliance Industries

Reliance Enterprise Intelligence is no longer a wholly owned step-down subsidiary of RIL after issuing shares to a Meta unit, which now holds 30% of its equity

Chevron negotiated the Boscan crude cargo to Reliance this month, marking ​the first sale of the ‌heavy oil, ​which is ‌used in asphalt making, ‌in about six years

Mukesh Ambani says the investment will build India's sovereign compute capacity, expand data centres, green power and edge infrastructure to make AI affordable and ubiquitous

The Tata Group, Reliance Industries, Larsen & Toubro, and Eternal announced partnerships and pledged investments in artificial intelligence adoptions and growth during the AI Impact Summit in New Delh

Meanwhile, at the bourses, in the last one year, RIL stock has outperformed the market by rising nearly 17 per cent compared to the 12 per cent rise in the Nifty 50 index, data shows

Reliance chairman Mukesh Ambani says Jio and Reliance will invest ₹10 trillion over seven years to lower the cost of intelligence and build India's sovereign compute capacity

Sensex Today | Stock Market LIVE Updates, Tuesday: The GIFT Nifty indicated a negative start for the Nifty 50. Asian markets were trading mixed in holiday-thin trade. Oil future prices declined

Zivame is focusing on India's tier-2 and tier-3 cities for its next phase of growth, where demand is increasingly mirroring that of metro markets as social media accelerates adoption

In Nigeria, TGI brands include Big Bull Rice, Terra Seasoning Cubes, Golden Terra Soya Oil, Renew Starch and Supramult Multivitamins reach millions of consumers daily

Reliance Consumer Products, the FMCG arm of Reliance Industries, on Monday said it has signed a definitive agreement to form a majority-owned joint venture with Nigerian conglomerate Tropical General Investments Group. This partnership will significantly expand RCPL's global footprint by establishing its presence in Nigeria, one of Africa's largest consumer markets, said a joint statement. Through this partnership, which is subject to customary legal and regulatory clearances, Reliance Consumer Products Ltd (RCPL) will introduce its FMCG products to consumers in Nigeria, leveraging TGI's FMCG manufacturing and distribution experience and network, it added. "The partnership between RCPL and Tropical General Investments (TGI) Group aims to strengthen RCPL's market presence on the global stage," it said. RCPL Director T Krishnakumar said: "TGI Group is a diversified and trusted partner, and their deep expertise and decades-long presence in sectors such as FMCG, culinary, and agribusin

The acquisition includes one flat with a carpet area of about 2,004.8 sq ft, along with two additional units - - each measuring approximately 578.67 sq ft.

India's largest private refiner gets US general licence to purchase Venezuelan crude directly, potentially diversifying its crude slate and resuming imports after previous sanctions eased

Heavy weights HDFC Bank, RIL, ICICI Bank drag down benchmark indices by over a per cent

Venezuela's heavy, acidic grades are a poor replacement for higher-quality Russian variants, which are now declining in India's crude oil basket due to US pressure

A general licence authorises the purchase, exportation, and sale of Venezuelan-origin oil that has already been extracted, including the refining of such oil

The Nifty Oil and Gas declined as much as 1.24 per cent to the day's low of 12,199.20. Out of 15 constituents of the index, 13 stocks declined amid rising crude oil prices

SBI's market capitalisation rose to ₹10.92 trillion after its shares hit a record high, overtaking TCS, whose stock has fallen sharply from its lifetime peak

The combined market valuation of eight of the top 10 valued firms jumped by a whopping Rs 4.55 lakh crore last week, with Reliance Industries emerging as the biggest winner, in line with a remarkable rally in equities. Last week, the BSE benchmark surged by 2,857.46 points or 3.53 per cent. From the top-10 pack, Reliance Industries, HDFC Bank, Bharti Airtel, ICICI Bank, State Bank of India, Bajaj Finance, Life Insurance Corporation of India (LIC), and Hindustan Unilever were the gainers, while Tata Consultancy Services (TCS) and Infosys saw their valuations erode. The combined market valuation of the eight firms was Rs 4,55,336.36 crore. Reliance Industries added Rs 1,41,887.97 crore, taking its market valuation to Rs 19,63,358.79 crore. LIC's valuation zoomed Rs 64,926.1 crore to Rs 5,70,198.54 crore. The market valuation of Bharti Airtel surged Rs 52,516.39 crore to Rs 11,62,288.64 crore and that of ICICI Bank jumped Rs 52,476.97 crore to Rs 10,06,258.82 crore. The market ...

RCPL enters Australian market with stake in Goodness Group, adding health-focused brands Nexba and PACE to its beverages portfolio and expanding its reach across domestic and global markets

The EU's ban on importing products produced from Russian crude is aimed at curbing oil revenues Moscow uses to fund the Ukraine war