Page 116 - Reliance Industries

Amazon may invest $100 million in India's Apollo Pharmacy: Report

Amazon is considering a nearly $100 million investment in India's Apollo Pharmacy, facing up to Reliance Industries and Tata Group in the country's fast-growing drug market, a report said

Reliance now a key player in realty space with Rs 40,000-cr assets

Corporate parks, commercial complexes in Haryana, Maharashtra find takers

Top headlines: EPFO at 8.5% for private sector; steel capacity set to fall

From subscribers likely to get 8.5% EPF savings interest at one go on 'market boost' to Serum in talks to finalise Covid-19 vaccine price, here at top headlines this morning

Need urgent policy reforms for accelerated 5G rollout, says Mukesh Ambani

Jio will pioneer the 5G revolution in India in the second half of 2021, he said.

Reliance Industries up 3% on 5G plans; sees rollout in second half of 2021

Early this year, Mukesh Ambani had announced Reliance Jio's commercial pact with Google to jointly develop entry-level affordable 4G and possibly 5G smartphones for a '2G mukt Bharat'

Jio to roll out 5G services in India in second half of 2021: Mukesh Ambani

"I assure you that Jio will pioneer the 5G Revolution in India in the second half of 2021. It will be powered by indigenous-developed network, hardware and technology components," Ambani said

India rally could continue next year with banks taking over as RIL peaks

Reliance has accounted for nearly a fifth of the 75 per cent surge in the S&P BSE Sensex from its March bottom

The next online tonic: E-majors, corporate giants eye e-pharmacy business

Amazon, Reliance recently announced their foray into e-pharma sector

RIL raises $1.4 bn in overseas debt to prepay Reliance Holding's loans

14 banks signed up for a deal last week that will give RIL the distinction of raising the highest debt from international lenders by an Indian firm

RIL's multi-billion-dollar deals help Morgan Stanley top M&A league table

The US-based bank has advised 25 transactions with values touching as much as $28 bn; BoFA is second in the chart

NCLT Mumbai approves RIL arm's resolution plan for Reliance Infratel

The National Company Law Tribunal (NCLT) has approved a resolution plan for Reliance Infratel submitted by a group entity of Reliance Industries, according to a regulatory filing. "... the resolution plan submitted by Infrastructure Projects - a division of Reliance Projects & Property Management Services Limited, a wholly owned subsidiary of Reliance Industries Limited, for the resolution of Reliance Infratel Limited, under the corporate insolvency resolution process of the Insolvency and Bankruptcy Code 2016, has been approved by the Hon'ble National Company Law Tribunal... Mumbai bench vide its Order dated December 3, 2020," RIL said in a late evening filing on Friday. Reliance Communications' telecom infrastructure arm Reliance Infratel has around 43,000 towers and 1,72,000 route kilometres of fiber. Lenders are expected to get around Rs 4,400 crore from the resolution process, sources had earlier said. The resolution plan was approved by 100 per cent votes of the committee of

Future-Reliance deal: Regulator Sebi awaits clarification before go-ahead

In August, Reliance Industries announced acquisition of Future Group for Rs 24,713 crore to bolster its fast growing retail business.

Is Reliance Industries' stock consolidating ahead of its next big up move?

The next positive catalyst may be a sharp refining margin recovery, which is more of a H2CY21 story, says JP Morgan

Reliance Industries tops Fortune India-500 list second year in a row

Accounts for 7 per cent of cumulative revenues, 11 per cent of profits; ICICI Bank, L&T make it to top 10

Top headlines: Govt bans local lockdowns, HDFC Bank m-cap hits Rs 8-trn

HDFC Bank became the first bank in the Indian history to cross the Rs 8-trillion, Union Cabinet nod to LVB merger with DBS, and more top headlines of the day

How the RIL-Amazon arbitration battle could take a toll on the govt too

Questions thrown up by the case are salient to decide what sort of money India gets from world markets

Reliance Industries seeks LNG cargo for December delivery: Report

The company is seeking the cargo for delivery into Hazira terminal

Buying jewel in the crown: BPCL a revenue churner, not a drain on finances

Unlike Air India, the winning bidder for BPCL can easily bank on this revenue churner to recover the cost of acquisition

Future group shares, RIL gain after CCI nod for Reliance Retail deal

Future Retail and Future Lifestyle Fashions were locked in 10 per cent upper circuit at Rs 79 and Rs 90.30, respectively, on the BSE

Five of top-10 firms lose Rs 1,07,160 crore in m-cap; RIL top laggard

Reliance Industries (RIL) emerged as the biggest loser