Page 11 - Reliance Industries

RIL sells Asian Paints shares worth ₹7,703 crore via block deal

Following the transaction, RIL now holds 87 lakh equity shares in Asian Paints, the company said in an exchange filing

Reliance share price hits over 8-month high today; more upside ahead?

RIL share price: RIL stock was up 2 per cent on the BSE today. Shares of RIL have bounced back 32 per cent from their April month low of ₹1,155.55, touched on the BSE

Reliance and Shein aim to sell India-made clothes abroad within a year

Reliance, controlled by Asia's richest person, Mukesh Ambani, has contracted 150 garment manufacturers and is in discussion with 400 more, said the two people

Afcons Infrastructure shares jump 6% after ₹700 crore LoA from RIL

Afcons Infrastructure shares gained nearly 6 per cent after the company bagged a ₹700 crore Letter of Award from Reliance Industries

Mcap of 9 of 10 most valued firms jumps Rs 1 trn; Reliance, HDFC Bank shine

Nine of the top-10 most valued firms together added Rs 1,00,850.96 crore in market valuation last week, with Reliance Industries and HDFC Bank stealing the show with maximum gain, in line with an optimistic trend in equities. Last week, the BSE benchmark Sensex surged 737.98 points, or 0.90 per cent. From the top-10 pack, Tata Consultancy Services (TCS) emerged as the only laggard, while Reliance Industries, HDFC Bank, Bharti Airtel, ICICI Bank, State Bank of India, Infosys, Life Insurance Corporation of India, Bajaj Finance, and Hindustan Unilever Ltd were the gainers. The market valuation of Reliance Industries jumped Rs 30,786.38 crore to Rs 19,53,480.09 crore, the most among top-10 firms. HDFC Bank's valuation surged Rs 26,668.23 crore to Rs 15,15,853.85 crore. Bajaj Finance added Rs 12,322.96 crore taking its valuation to Rs 5,82,469.45 crore. The market capitalisation (mcap) of ICICI Bank rallied Rs 9,790.87 crore to Rs 10,41,053.07 crore. Hindustan Unilever's mcap zoomed

Mukesh Ambani offers ₹151 cr 'Guru Dakshina' to honour ICT mentor

Reliance Industries Ltd chairman and managing director Mukesh Ambani announced an unconditional grant of Rs 151 crore to his alma mater the Institute of Chemical Technology, Mumbai. Ambani had graduated from ICT in the 1970s. He spent over three hours on Friday at ICT which back then was called the University Department of Chemical Technology (UDCT) at a function to publish Professor MM Sharma's biography 'Divine Scientist'. Ambani reminisced how the first lecture he attended at UDCT by Professor Sharma motivated him and how Sharma later played the role of quiet architect of India's economic reforms. Sharma impressed upon the policymakers that the only way for India to grow was to unshackle Indian industry from license-permit-raj, which would allow Indian players to build scale, reduce dependence on imports and compete globally. "Like my father Dhirubhai Ambani, he had a burning desire to change Indian industry from scarcity to global leadership," said Ambani, adding that "these

Private refiners tap domestic fuel market as export margins tighten

Reliance Industries and Nayara Energy are stepping up sales at home as fuel demand growth slows in developed markets and China, the world's second biggest oil consumer

Reliance Retail and Jio likely to trigger Ebitda turnaround for RIL

Reliance Industries set to post 16 per cent EBITDA growth in FY26, with retail restructuring and telecom tariff hikes contributing to a stronger earnings profile

Reliance only Indian company among world's most valuable tech giants

When it comes to Chinese AI app DeepSeek, India holds 6.9 per cent of its active global users, trailing behind China (33.9 per cent) and Russia (9.2 per cent)

Bullish Bets: RIL, Dixon, 10 other stocks form 'Golden Cross'; check list

Technically, the Golden Cross formation is considered as a positive development for the stock. Here's a detailed list of 12 Nifty 500 stocks with Golden Cross formation on May 30, 2025.

Reliance, Aramco eye BP's Castrol unit in potential $10 billion deal

BP's Castrol division could fetch $8-10 billion, drawing interest from Reliance, Aramco, and private equity firms in one of the year's biggest energy deals

JioHotstar tops March OTT charts on mobile for films, series: Nielsen

Nielsen's March 2025 data shows JioHotstar dominating mobile OTT content in India with top rankings across movies, original series, and non-original segments

Mcap of 6 of top valued cos erodes by ₹78,166 cr; Reliance biggest laggard

The combined market valuation of six of the top-10 most valued firms eroded by Rs 78,166.08 crore last week, with Reliance Industries taking the biggest hit, in line with weak trends in equities. Last week, the BSE benchmark dropped 609.51 points or 0.74 per cent and the Nifty declined 166.65 points or 0.66 per cent. While Reliance Industries, TCS, ICICI Bank, State Bank of India, Infosys and Hindustan Unilever were the laggards, HDFC Bank, Bharti Airtel, Bajaj Finance and ITC were the gainers from the top-10 pack. The market valuation of Reliance Industries declined by Rs 40,800.4 crore to Rs 19,30,339.56 crore. Tata Consultancy Services' valuation dropped by Rs 17,710.54 crore to Rs 12,71,395.95 crore. The valuation of Infosys went lower by Rs 10,488.58 crore to Rs 6,49,876.91 crore and that of Hindustan Unilever eroded by Rs 5,462.8 crore to Rs 5,53,974.88 crore. The market capitalisation (mcap) of ICICI Bank edged down by Rs 2,454.31 crore to Rs 10,33,868.01 crore and that of

RIL, Adani, Vedanta pledge ₹1.55 trillion investment in Northeast India

PM said the first Made-in-India chip from a Northeast-based semicon plant will soon be introduced

Reliance to invest ₹75,000 cr, Adani Group ₹50,000 cr in Northeast region

At the Rising Northeast Investors Summit, Mukesh Ambani and Gautam Adani announced major investments focusing on energy, infrastructure, jobs, and AI-driven growth across the Northeast region

Reliance to start solar module factory this year for clean energy: Official

India has been scrambling to meet its clean energy targets after falling short in 2022

RIL, BP, Niko move SC to restore ₹12,800 cr gas arbitration award

The firms have challenged a Delhi HC ruling that cancelled an arbitration award favouring them in the KG Basin gas migration dispute with ONGC

LIC portfolio recovers ₹1.8 trillion amid market rebound from April lows

LIC's top equity holding in terms of value, Reliance Industries (RIL), has been one of the biggest contributors in its portfolio, with the stock's 25 per cent surge adding ₹26,515 crore in value

9 top valued firms see ₹3.35 trn jump in valuation, Reliance biggest winner

Nine of the top 10 valued firms added Rs 3.35 lakh crore in their market valuation last week in tandem with a positive trend in equities, led by Reliance Industries. HDFC Bank, Tata Consultancy Services (TCS), ICICI Bank, State Bank of India, Infosys, Bajaj Finance, Hindustan Unilever and ITC were the gainers among the top 10 companies. Bharti Airtel was the only laggard. Last week, the BSE benchmark gauge jumped 2,876.12 points or 3.61 per cent. The market valuation of Reliance Industries jumped Rs 1,06,703.54 crore to Rs 19,71,139.96 crore. ICICI Bank's valuation surged Rs 46,306.99 crore to Rs 10,36,322.32 crore. TCS added Rs 43,688.4 crore to take its valuation to Rs 12,89,106.49 crore. The market capitalisation (mcap) of Infosys zoomed Rs 34,281.79 crore to Rs 6,60,365.49 crore and that of HDFC Bank rallied Rs 34,029.11 crore to Rs 14,80,323.54 crore. Bajaj Finance's market valuation edged up by Rs 32,730.72 crore to Rs 5,69,658.67 crore. The mcap of ITC climbed Rs 15,142.09

Mukesh Ambani's Reliance secures $2.9 bn loan in major global banking deal

Reliance Industries has raised a $2.9 billion dual-currency offshore loan, the largest by an Indian firm in over a year, reflecting robust lender confidence amid slow Asia-Pacific deal flows