Page 3621 - Company News

Saudi Aramco to acquire 20% stake in RIL's oil-to-chemical business

Partnerships with Aramco, BP will bring in Rs 1.1 trillion; funds to be used to pare debt

Street expects RIL stock rerating after $15-billion Saudi Aramco deal

The key trigger for the stock is the acquisition of a 20 per cent stake in RIL's refining and petchem business by Saudi Aramco at an enterprise value of $75 billion

JK Tyre to capitalise on duty hike on Chinese products, beef up exports

The company has been forced to cut production and delay capital expenditure due to slowdown in Indian auto market

Reliance Capital in talks with 3 firms to sell entire stake in health arm

The company has already exited its mutual fund business, selling it to Nippon

How food brand Gits is finding its way in rapidly changing marketplace

A ready-to-cook food brand looks to stay relevant, even as its core promise of convenience is knocked over by a host of new players

How deep discounts, impulsive buying have helped e-commerce beat slowdown

E-commerce companies keep downturn blues at bay

Saudi Aramco interest in Reliance Industries upstages PSU mega refinery

The oil-to-chemicals division of RIL comprises refining, petrochemicals, and fuel marketing businesses

Reliance Jio ties up with Microsoft for digital transformation

The firm will also provide the combined cloud-Microsoft app infrastructure free of cost to start-ups

Britannia's margin cookie crumbles in Q1 as inflationary pressure weighs

Inflationary pressure and competitive intensity could impact the profitability of biscuitmaker

LIC Housing Finance's non-retail loans may throw up negative surprises

Asset quality worst in four years, though loan growth steadies the ship

Paytm Money plans to offer stockbroking services for new investors

Paytm Money also offers free risk assessment and advisory investment portfolios to new users

Birla Corp to increase focus on premium cement brands to boost profits

The company introduced several premium brands in the first quarter of the current fiscal year

Anil Agarwal pulls out of race for acquiring grounded Jet Airways

The remaining two EoIs will now be scrutinised by the resolution professional and submitted to the committee of creditors in the next meeting

Jaiprakash Associates fined Rs 14 cr for 'undesirable industry practices'

Under the Competition Act, complaints filed under a certain section cannot be withdrawn

Anil Agarwal changes his mind, says won't invest in Jet Airways

On Sunday, Agarwal's investment company Volcan Investment, had submitted an expression of interest in buying Jet Airways

Jio, Microsoft team up for digital transformation, to launch cloud centres

On the Jio-Microsoft alliance, Mukesh Ambani said Jio will set up a network of large world-class data centres across India powered by Microsoft's Azure cloud platform

Odisha Mining Corp's coal mine foray stumbles on lack of evacuation infra

Lack of clarity on overburden dumping area use has also impeded progress of the commercial coal mine

IBM, Tata Communications join US tech platform Hedera's governing council

All members of the Hedera governing council have equal say in approving updates to the Hedera platform codebase

Aramco and BP to help Mukesh Ambani slash $22 bn of Reliance debt

The conglomerate aims to be a zero-net-debt company in 18 months, Asia's richest man told shareholders on Monday

Aramco deal more to secure crude supply than deleveraging: RIL officials

The O2C business has been the cash churner for RIL, say senior company officials