Page 107 - Reliance Industries

Mukesh Ambani sends oxygen from refineries to aid India's Covid-19 fight

Ambani's Reliance Industries Ltd., which operates the world's biggest refining complex in western India, has started supplying oxygen from Jamnagar to Maharashtra at no cost

Covid: RIL to send 100 tons of medical-use oxygen to Maharashtra at no cost

India is in the grip of a second wave of Covid-19 infections

Mukesh Ambani comes to struggling Hamleys' aid, plans to quadruple outlets

Hamleys, a British retail icon that hasn't made a profit for a number of years, plans to quadruple its outlets in the former British colony to more than 500 in three years despite the pandemic

Best of BS Opinion: Sebi's delay makes RIL order absurd, RBI policy & more

Here's a selection of Business Standard opinion pieces for the day

Sebi's delay makes RIL order absurd

In January 2000, the promoters of Reliance Industries Ltd (RIL), and other entities acting in concert, raised their stake in RIL by 6.83 per cent through converting warrants issued in 1994

Sensex snaps 3-day winning streak as RIL, banks slide; logs weekly loss

Market benchmarks nursed losses on Friday after three days of gains as the unabated rise in COVID-19 cases and localised lockdowns prompted investors to unwind bets in banking, finance and infra counters. A continuously depreciating rupee also sapped risk appetite, traders said. After a fluctuating session, the 30-share BSE Sensex ended 154.89 points or 0.31 per cent lower at 49,591.32. Similarly, the broader NSE Nifty slipped 38.95 points or 0.26 per cent to 14,834.85. Bajaj Finance was the top laggard in the Sensex pack, tumbling 3.12 per cent, followed by UltraTech Cement, NTPC, Axis Bank, ICICI Bank, IndusInd Bank, Reliance Industries, L&T and HDFC Bank. On the other hand, Sun Pharma, HUL, Tech Mahindra, Dr Reddy's and Titan were among the gainers, climbing up to 3.69 per cent. During the week, the Sensex declined 438.51 points or 0.87 per cent, while the Nifty shed 32.50 points or 0.21 per cent. "Domestic markets traded in a mild negative territory following weak global cue

Amazon moves SC, challenges lifting of stay on Future-RIL deal by Delhi HC

Amazon has moved the Supreme Court challenging the Delhi High Court's division bench order that had vacated a stay on Kishore Biyani-led Future proceeding with its Rs 24,713 crore asset sale to RIL

Mukesh Ambani to appeal against Rs 25-crore penalty imposed by Sebi

Reliance Industries Chairman Mukesh Ambani will appeal against the fine imposed by market regulator Sebi over alleged irregularities in a two-decade-old share issue in the company, the firm said

Mirages in corporate governance

The issue of separation of powers between corporate owners and professional managements has become a hardy perennial in the Indian corporate governance discourse

Bharti Airtel, RIL up 3% each on signing spectrum transfer deal

Through this agreement, which is subject to statutory approvals, Airtel will receive a consideration of Rs 1,037.6 crore from Jio for the proposed transfer

Stocks to watch: Barbeque Nation, RIL, Airtel, Tata Steel, Inox Leisure

CARE Ratings has assigned Wockhardt's proposed non-convertible debenture issue of Rs 200 crore a rating of 'BBB-, with a stable outlook

RIL and America's Chart Industries co-lead new Hydrogen industry body

Aim is to develop hydrogen production and storage, industrial and transport use-cases

Reliance Industries, other energy majors form hydrogen coalition

Led by domestic energy giant Reliance Industries, many global energy and industrial players on Tuesday came together to form a new energy transition coalition, called the India H2 Alliance (IH2A)

RIL-BP seek buyers for 5.5 mn standard cubic meters per day gas from KG-D6

Reliance Industries Ltd and its partner BP Plc of UK have sought bids for sale of 5.5 mmscmd of additional natural gas that will be available for sale from their eastern offshore KG-D6 block

99.99% RIL shareholders cast votes in favour of O2C biz demerger

The demerger scheme provides for transfer of O2C Undertaking from RIL to transferee firm on a slump-sale basis for a lumpsum consideration

Top headlines: 12-hr night curfew in Pune; RIL gets nod to hive off O2C biz

Business Standard brings you top news of the evening

Reliance gets shareholders nod for hiving off O2C into separate unit

The firm said it has secured approval of its shareholders and creditors for hiving off its oil-to-chemical (O2C) business into a separate unit.

Sensex drops 627 points, Nifty ends at 14,691; Banks, RIL drag market

A day earlier, both the indices had posted their biggest gain in nearly two months, advancing 2.3 per cent each

Gas price for ONGC remains at decade low of $1.79, falls 11% for RIL-BP

The government on Wednesday left the price of natural gas produced by companies such as ONGC unchanged at a decade-low rate of USD 1.79

Competition in e-tail: Fair or unfair?

The e-commerce foreign direct investment policy doesn't sit well with the concept of competition