Page 129 - Reliance Industries

Mukesh Ambani now world's fifth richest: Check the top 10 list

Mukesh Ambani inched to the fifth position in the Forbes' global rich list as Reliance Industries' market capitalisation, topped the Rs 13-trillion mark

Reliance breaks into top 50 most valued companies globally, ranks 48

Globally, Saudi Aramco is the company with the highest market cap of $1.7 trillion, followed by Apple, Microsoft, Amazon, and Alphabet

RIL market-cap crosses Rs 13.5-trillion as stock hits new high

In the last one week, the stock of RIL has outperformed the market by surging 12 per cent, as compared to nearly 5 per cent rise in the S&P BSE Sensex.

Mukesh Ambani world's 5th richest after RIL market cap tops Rs 13 trillion

Ambani, who owns half of RIL's equity, managed to achieve this feat after raising funds from a slew of marquee investors in the Jio wireless telephony business

RIL m-cap tops Rs 13 trn, cementing firm in world's top-50 most valued

In dollar terms, the company is now valued at $175 billion, fully-paid shares end at Rs 2,004, up 1.64 per cent, partly-paid shares at Rs 1,107

Fund raising through rights gains currency following RIL mega issue

Regulatory tweaks aid momentum, with half a dozen firms launching or are in the process of issuing fresh equity shares through this route over the past month

Lenders may convert part of Kishore Biyani's Future Retail debt into equity

RIL is in talks with banks for a possible takeover

Covid-19 impact: Aviation, automobile sectors see worst tax outgo in Q1

Maruti Suzuki, Bajaj Auto, and Hero MotoCorp's tax collections were down 60-85 per cent.

RIL deploys Rs 35,000 crore from Jio stake sales into debt funds

The monies have been deployed into ultra-short and money-market funds, and others focused on debt with an average of three-to-five year maturities

Disruption in retail? Avenue Supermarts has a strong competitor in JioMart

Cost efficiency provides DMart an edge, but competitive intensity is growing

Buy calls increase for RIL shares on the back of big-ticket announcements

Ambani said the Aramco deal had not progressed according to the timeline because of unforeseen circumstances and Covid-19

Reliance Industries looks to storm entry-level 4G, 5G smartphone market

On Tuesday, during the company's first pandemic-forced virtual annual general meeting, Ambani outlined another vision to disrupt the mobile device market again.

Reliance Industries hints it's no longer desperate for Saudi Aramco deal

"Ambani's comment on the deal is a message to Aramco - RIL is no longer desperate for the deal," said an analyst who did not wish to be identified

M&A up 14.55 % in H120 led; Jio Platforms investments up deal value

As many as 183 deals generated $43.54 billion in 1H20, says report by financial data company.

Deal stalls as Aramco seeks 20% cut in Reliance's O2C business valuation

Ambani at Reliance's annual general meeting on Wednesday said the Aramco deal was delayed due to "unforeseen circumstances in the energy market and the Covid-19 situation"

Reliance's 20% stake sale to Saudi Aramco stalled over valuation: Report

Aramco wants India's Reliance to review its price for the oil-to-chemical business as the global valuation of oil assets has tumbled

Reliance emerging as bigger threat for US giants like Amazon, Walmart, Zoom

Stake sales in Reliance's digital unit Jio Platforms attracted not just private equity and sovereign wealth funds but also Google and Facebook

Sensex loses most gains to end flat after sell-off in Reliance Industries

Indices fall over 2% from day's high

Google to invest Rs 33,737 crore for 7.73% stake in Jio Platforms

The two companies will collaborate for the development of entry-level affordable 4G and 5G smartphones as well as Android-based operating systems, Ambani announced during the virtual AGM

It's time for RIL 3.0: Made-in-India 5G network, affordable smartphones

Delay in striking a deal with Saudi Aramco disappoints investors