Page 101 - Reliance Industries

Indices ride high on surge in technology stocks; Infosys rises 3.75%

The Sensex rose 393 points, or 0.75 per cent, to end at 52,699, while the 50-share Nifty gained 104 points, or 0.7 per cent, to close at 15,790

Top headlines: Aramco chairman to join RIL board; Microsoft shows Windows11

Business Standard brings you the top news of the evening

RIL AGM 2021: JioPhone Next to 5G, and more announced under Jio Platforms

Here are the details of everything Mukesh Ambani announced under Jio Platforms at the Reliance Industries annual general meeting this year

Mukesh Ambani unveils 'New Reliance': Key announcements, road ahead for RIL

Reliance Industries Ltd on Thursday announced a Rs 75,000 crore investment in new energy business over the next three years as the operator of the world's largest oil refinery pivots towards a greener and cleaner version. In another big announcement, Reliance Industries Chairman Mukesh Ambani said Jio and Google have jointly developed a power-packed and affordable smartphone 'JioPhone Next', which will be available in the market from September 10. Ambani promised that JioPhone Next will be the most affordable smartphone not just in India but globally. Watch this video for key announcements and road ahead for the company from our experts.

RIL's investment plans laid out at 44th AGM don't seem excessive

RIL has raised over Rs 3.25 trn in the past fiscal alone so it will be able to fund its New Energy plans even though it is cash flow negative

Reliance Retail to grow 3x in next 3-5 years, create a million jobs: Ambani

It continues to be among the fastest-growing retailers globally and the company aims to be among the top ten retailers of the world, Ambani said at RIL's annual general meeting

Ambani announces 'JioPhone Next' smartphone, partnership with Google for 5G

'JioPhone Next is one of the most affordable smartphones globally, which has cutting-edge technology,' Ambani said

Saudi Aramco chairman Yasir Al-Rumayyan joins Reliance board: Mukesh Ambani

'Al-Rumayyan joining our Board is also the beginning of internationalisation of Reliance,' says RIL Chairman at 44th AGM

Reliance to conclude Aramco deal this year; Aramco rep on co board

Ambani said RIL is looking forward to "welcoming Saudi Aramco as a strategic partner in our O2C business".

Reliance to invest Rs 75,000 cr in new energy business over 3 years: Ambani

Reliance will build solar manufacturing units, a battery factory for energy storage, a fuel cell-making factory and an electrolyser unit to produce green hydrogen as a part of the business

Fitch upgrades Reliance rating a notch above India's sovereign rating

Fitch Ratings has upgraded Reliance Industries Ltd's rating to 'BBB', one notch above India's sovereign rating, as the company benefits from cash flow generation across diversified business segments

Top headlines: Analysts have eyes on RIL AGM; small firms get more say

Business Standard brings you the top headlines on Thursday.

Stocks to watch: RIL, Shyam Metalics, Sona Comstar, ONGC, Ashok Leyland

The shares of Shyam Metalics and Sona Comstar are slated to list on the bourses on Thursday. A strong debut is on the cards for Shyam Metalics while Sona Comstar is likely to witness a muted listing

RIL chief Mukesh Ambani says no option but to make businesses green

Asia's richest man Mukesh Ambani on Monday said there is no option for businesses but to go green and every unit of Reliance Industries would have to pivot

Connectivity, communication are fundamental rights: Mukesh Ambani

Billionaire Mukesh Ambani on Monday pressed for bridging the digital divide "both among nations and within nations"

Retail next growth engine for RIL with potential 10x PBT growth: Goldman

After growing 5x over FY16-FY20, RIL's core retail revenue growth has taken a pause in FY21 (April 2020 to March 2021) due to Covid related macro headwinds including lower footfalls

Stocks to watch: RIL, PNB Housing, Centrum Capital, HDFC Bank, ICICI Bank

S&P Global Ratings on Friday said it has revised the rating outlook on ICICI Bank Ltd to stable from negative

Top headlines: Govt to list SOP for IT rules; Jet Airways assured of slots

Top headlines at this hour: Companies raise prices as input costs rise; Jet Airways new owners hear good news from airports.

Will the Chairman of Saudi Aramco join RIL's board? Wait for mega AGM

An announcement of Al-Rumayyan's induction on the RIL board or the board of the newly carved oil-to-chemical (O2C) unit may come as early as at the company's annual shareholder meeting on June 24

Tech promoters top list of cash recipients; family-owned groups earn less

Reliance Industries' Mukesh Ambani is fourth on the list in terms of income earned (dividend) from his company in 2020-21 (FY21)