Page 125 - Reliance Industries

Top headlines: FM to hold review meet; pharma focusing on OTC drugs

From govt asking ministeries to review staffer performance to likely SC verdict on telecom AGR dues, here are top headlines this morning

Reliance-Future Group deal to save lenders from Rs 12,000-crore hit

The financial instruments of Future group have gone through multiple rating downgrades in recent months due to the delay in payments

Ambani-Biyani deal: RIL spreads wings to become a dominant player in retail

Gets scale, massive presence, higher valuation of its retail business, and inherits the entire logistics and distribution chain

Future goes to RIL: Biyani, pioneer of retail, bows to winds of change

Biyani (59), who started his business in 1987 by launching Manz Wear which later adopted the brand name of Pantaloon, has agreed to hand over the control of his retail empire to relatively new entrant

Future Enterprises board meet on September 7, to take up RIL deal today

Company's board to meet today on sale of retail arms to RIL

JioMart sees order flow at four times of pre-lockdown period for kiranas

Robust omni-channel network in the offing, says Reliance Retail's FY20 annual report

Big gets bigger

Is dominance of big players necessarily a bad thing?

Share prices of Future group firms rise on hopes of deal with RIL

RIL entry will lead to Amazon's exit from promoter entity

F&O expiry: Indices gain for 5th day, Nifty above 11,550; DLF advances 10%

All that happened in the markets today

Future Enterprises' board to meet on Saturday, to discuss raising funds

A source said the board would also look at the proposal to merge three other listed entities of the Future group with FEL

Former IOC Chairman Sanjiv Singh joins Reliance as Group President

Former Indian Oil Corp (IOC) chairman Sanjiv Singh has joined Reliance Industries Ltd as Group President for billionaire Mukesh Ambani-run firm's oil-to-chemicals business.

Sun TV's Kalanithi Maran, wife Kavery highest-paid executives in FY20

The promoters had decided to keep their salaries at the current level three years ago.

What Saudi Aramco's cut in capex could mean for mega deals in India

The oil producer is a JV partner with Indian state-run oil refiners to set up a mega refinery, and also plans to pick a stake in RIL's O2C business

Awash in red

Covid-19 has deeply impacted corporate earnings

Future group bankers may take 40% haircut even after key biz sale to RIL

As per a plan negotiated between Kishore Biyani, Indian lenders and RIL, banks will have to wait till RIL invests in Future Enterprises after three other group firms are merged into it

AGR case: Supreme Court puts spectrum users in the dock on IBC firms' dues

Such telcos should pick up AGR bill, says apex court

Future Group stocks rally on report Co may merge subsidiaries; RIL adds 1%

Once the merger is complete, Reliance Industries will be investing Rs 8,500 crore in the merged entity, resulting in the Mukesh Ambani-led conglomerate owning close to 50 per cent in it

Future Enterprises board likely to discuss merger plan on Saturday

RIL may pick up 50% in merged entity

Netmeds' journey to a sweet deal as Reliance picks up a majority stake

Promoted by Dadha Pharma, it is one of the earliest players in online pharmacy

Chemists' body writes to Mukesh Ambani against RIL's investment in Netmeds

The letter has also been addressed to Prime Minister Narendra Modi, Union Home Minister Amit Shah, Commerce and Industry Minister Piyush Goyal and other top ministers and government officials.