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Page 43 - Mukesh Ambani

RIL's revamp paves way for O2C stake sale, next leg of growth: Analysts

Reorganisation won't impact RIL's consolidated financials or shareholding. Analysts say the de-merger will be done at tax networth of O2C assets, making transaction tax neutral for RIL

RIL's revamp paves way for O2C stake sale, next leg of growth: Analysts
Updated On : 24 Feb 2021 | 12:18 AM IST

Chart check: Will the O2C biz spin-off trigger a fresh rally in RIL stock?

A breakout above Rs 2,100 in RIL's counter may see a rally towards 2,400

Chart check: Will the O2C biz spin-off trigger a fresh rally in RIL stock?
Updated On : 23 Feb 2021 | 11:06 AM IST

Reliance Industries gains 2% on plans to hive off O2C business

The company said the O2C business will be turned into a separate entity that will be 100 per cent owned by RIL

Reliance Industries gains 2% on plans to hive off O2C business
Updated On : 23 Feb 2021 | 10:15 AM IST

Reliance to hive off O2C business, expects approvals by September quarter

The Mukesh Ambani-controlled company had initiated the process to hive off its oil-to-chemicals business at a time when the Covid-19 pandemic caused a slump in fuel demand

Reliance to hive off O2C business, expects approvals by September quarter
Updated On : 23 Feb 2021 | 8:51 AM IST

Amazon moves SC challenging Delhi HC order on Future-Reliance deal

The e-commerce giant has contended that the Division Bench order is illegal, and arbitrary apart from being without jurisdiction

Amazon moves SC challenging Delhi HC order on Future-Reliance deal
Updated On : 11 Feb 2021 | 9:22 PM IST

Why Amazon is feuding with a partner and billionaire Mukesh Ambani

Future Group is caught in the middle of this tussle between companies helmed by two of the world's richest men

Why Amazon is feuding with a partner and billionaire Mukesh Ambani
Updated On : 09 Feb 2021 | 4:06 PM IST

Amazon-Mukesh Ambani spat tests India's allure for foreign investors

The keenly watched case may set an important legal precedent for investors on whether emergency decisions by foreign arbitrators are valid in India

Amazon-Mukesh Ambani spat tests India's allure for foreign investors
Updated On : 09 Feb 2021 | 11:04 AM IST

Without Reliance deal, future uncertain for Kishore Biyani's firms

This week, the Delhi High Court directed Biyani's flagship company to maintain the status quo on its Rs 24,713-crore deal to sell his business to Reliance

Without Reliance deal, future uncertain for Kishore Biyani's firms
Updated On : 06 Feb 2021 | 6:10 AM IST

Committed to helping FRL, don't want the company to go down: Amazon lawyer

Earlier, Future Retail Limited lawyer had argued that the retail firm may go bust and thousands may lose jobs if the Future-Reliance deal does not go through

Committed to helping FRL, don't want the company to go down: Amazon lawyer
Updated On : 05 Feb 2021 | 10:15 PM IST

Reliance deal will save jobs of 25,000 employees: Future Retail lawyer

The Delhi High Court is hearing the appeal filed by Future Retail Limited (FRL) against the Court's order passed earlier this week

Reliance deal will save jobs of 25,000 employees: Future Retail lawyer
Updated On : 04 Feb 2021 | 10:02 PM IST

I predict that the 21st century is going to be Indian century: Jeff Bezos

Under Bezos's leadership, Amazon identified India as a strategic market as early as 2013

I predict that the 21st century is going to be Indian century: Jeff Bezos
Updated On : 03 Feb 2021 | 10:40 PM IST

Reliance Jio looks beyond mobile operations to monetise digital platforms

With subscriber additions slowing, the price-competitive player is looking beyond its mobile operations to monetising its digital platforms. But that's where the competition is acute

Reliance Jio looks beyond mobile operations to monetise digital platforms
Updated On : 28 Jan 2021 | 6:10 AM IST

Shares of Reliance Industries plunge 6% on disclosure concerns

The country's most-valuable firm reported record quarterly profit for the quarter ended Dec 31, but didn't disclose gross refining margins, a key metric to analyse its oil and petrochemicals vertical

Shares of Reliance Industries plunge 6% on disclosure concerns
Updated On : 26 Jan 2021 | 12:58 AM IST

Reliance Industries stock dips 6% post Q3; analysts see up to 21% upside

Reliance Industries' consolidated net profit, of Rs 13,101 crore in the December quarter, jumped 37 per cent sequentially, and beat Street expectations of a 32 per cent QoQ profit improvement

Reliance Industries stock dips 6% post Q3; analysts see up to 21% upside
Updated On : 25 Jan 2021 | 3:57 PM IST

Indian billionaires saw there wealth go up by Rs 12.97 trn during Covid-19

Since March as the government announced lockdown, India's top 100 billionaires saw their fortunes increase by Rs 12.97 trillion

Indian billionaires saw there wealth go up by Rs 12.97 trn during Covid-19
Updated On : 25 Jan 2021 | 1:08 PM IST
Subdued Q3, few near term triggers to keep RIL stock under pressure
Updated On : 25 Jan 2021 | 1:45 AM IST

Reliance Industries spins off oil-to-chemical business into new unit

O2C unit holds the firm's oil refinery and petrochem assets and retail fuel business but not upstream oil & gas producing fields such as KG-D6 and textiles business.

Reliance Industries spins off oil-to-chemical business into new unit
Updated On : 25 Jan 2021 | 1:04 AM IST

Ambani's Reliance Jio doubles down on 5G service pledge after record profit

The group's wireless operator, Reliance Jio Infocomm Ltd. -- India's largest -- has started advance tests to prepare the fifth-generation, high-speed network

Ambani's Reliance Jio doubles down on 5G service pledge after record profit
Updated On : 23 Jan 2021 | 8:29 AM IST

Reliance Industries Q3 consolidated PAT at Rs 13,101 cr, up 12.5% YoY

Topline takes a hit by 21% as Covid-19 impacts operations, sales

Reliance Industries Q3 consolidated PAT at Rs 13,101 cr, up 12.5% YoY
Updated On : 23 Jan 2021 | 1:33 AM IST

Reliance Retail Q3 revenue declines 9.7% to Rs 33,018 crore; profit surges

Yearly numbers are not comparable, RIL said, since the petro retail business, which makes up 40 per cent of the company's retail revenues, has been demerged

Reliance Retail Q3 revenue declines 9.7% to Rs 33,018 crore; profit surges
Updated On : 22 Jan 2021 | 11:41 PM IST