Page 7 - Reliance Group

Reliance Industries IP sprint: Over 3,000 patents at 100 filings per week

Jio Platforms have been granted 331 patents till March 2024

Anil Ambani challenges market regulator Sebi's Rs 625 crore penalty order

Sebi also added that it will determine the quantum of illegal gains made by the alleged fraudulent schemes, and further action may be initiated accordingly

Mcap of 7 of top-10 most valued firms erode by Rs 1.22 trn; TCS, RIL lag

The combined market valuation of seven of the top-10 most valued firms eroded by Rs 1,22,107.11 crore last week, with Tata Consultancy Services and Reliance Industries emerging as the biggest laggards, in line with weak trend in equities. Last week, the BSE benchmark fell 307.09 points, or 0.37 per cent, to 81,381.36. The market valuation of country's largest IT firm Tata Consultancy Services (TCS) tumbled Rs 35,638.16 crore to Rs 15,01,723.41 crore. The valuation of Reliance Industries slumped Rs 21,351.71 crore to Rs 18,55,366.53 crore. ITC's valuation dropped Rs 18,761.4 crore to Rs 6,10,933.66 crore, while that of Hindustan Unilever Ltd's mcap was down Rs 16,047.71 crore to Rs 6,53,315.60 crore. The market capitalisation (mcap) of Life Insurance Corporation of India (LIC) tanked Rs 13,946.62 crore to Rs 6,00,179.03 crore and that of ICICI Bank eroded Rs 11,363.35 crore to Rs 8,61,696.24 crore. Also, HDFC Bank's mcap declined Rs 4,998.16 crore to Rs 12,59,269.19 crore. Howeve

Anil Ambani's co partners DHI to set up 1.2 GW solar, hydro power in Bhutan

Partnership marks the group's maiden foreign venture

Rel Infra to consider raising long-term capital; board meeting on Sept 19

The company had previously raised Rs 550 crore by issuing shares on a preferential basis in July 2021

Corporate India's big six boost profits, struggle with flat job growth

India's top six corporate firms saw their employee headcount growth stagnate at -0.2 per cent, with numbers dropping from 1.74 million in FY23 to 1.73 million in FY24

Indian cos raise $6 bn from private credit in first-half 2024: EY report

Real estate, healthcare firms push private credit deals to record high

Reliance partners with Israeli firm Delta Galil, to rival Page in innerwear

Delta Galil, renowned globally for its premium innerwear brands, will introduce its international portfolio to India, collaborating with Reliance to design and manufacture lingerie products

Reliance to invest Rs 3,900 crore in FMCG arm to boost market position

Reliance plans to invest Rs 3,900 crore in its fast-moving consumer goods division, aiming to capture a larger share of the Indian FMCG sector, projected to exceed $1.4 trillion by 2027

Reliance Industries wins bid for govt incentives to make EV batteries

The oil-to-telecom conglomerate beat six other competitors, which included units of battery maker Amara Raja Energy and Mobility and power producer JSW Energy

Newly merged Star India-Viacom18 to boast cash reserves of over Rs 19K cr

The newly merged Star India-Viacom18 will have over Rs 19,000 crore in cash reserves, enabling the company to invest in its digital and sports sectors, which may face short-term losses

Reliance announces green energy-powered data centres for AI in Jamnagar

During the Reliance AGM, Mukesh Ambani said that under Reliance Jio's 'AI everywhere for everyone' vision is aimed offering AI and related services to Indians at affordable rates

'Not in the business of hoarding wealth': Mukesh Ambani addresses 47th AGM

Reliance Industries Chairman Mukesh Ambani addressed the 47th Annual General Meeting, in which he reiterated the company's commitment to the nation's growth

Sebi ban on Anil Ambani, and his Reliance Group's many troubles: A timeline

Once ranked sixth-richest person in the world in 2008, Anil Ambani has faced numerous legal and financial hurdles, leading him to announce bankruptcy in a UK court in 2020

Anil Ambani reviewing securities market ban, to take appropriate steps

No action against us, clarify Rel Infra, Rel Power

Disney-Reliance offer concessions for merger, but no cricket rights sale

Reliance-Disney are aiming to create India's biggest entertainment player which will compete with Sony, Netflix and Amazon

Cricket likely to play spoilsport in Walt Disney-Reliance merger

Will the creation of India's largest media firm help fight the tech-media majors or simply birth a new monopoly?

Disney-Reliance may need to dilute cricket dominance to seal merger deal

According to seven antitrust lawyers, to keep the deal alive the companies will now have to come up with structural changes to their arrangement or so-called behavioural remedies

Retail sector slashes 26,000 jobs due to falling demand, expansion halt

The reduction was primarily driven due to Reliance, Titan, Raymond, Page, and Spencers, which cut 52,000 jobs, or 17% of their workforce

Reliance, Disney to offer concessions to win antitrust nod for merger

Antitrust experts have warned that the Reliance-Disney merger, announced in February, could face intense scrutiny as it will create India's biggest entertainment player