Page 140 - Reliance Industries
Reliance launches new road project to counter pushback against plastics
India, which uses about 14 million tonnes of plastic annually, lacks an organized system for management of plastic waste, leading to widespread littering
 "Reliance launches new road project to counter pushback against plastics")
Flipkart ups physical retail presence to take on rivals, boost business
In Sept, Flipkart had said it brought onto its platform 27,000 kirana stores in non-metro cities to expand its reach
 "Flipkart ups physical retail presence to take on rivals, boost business")
Reliance Industries declines 2% as investors book profit post Q3 results
The stronger profitability in retail and telecom segments helped offset the sharp decline in the petrochemical margins in the December quarter.
 "Reliance Industries declines 2% as investors book profit post Q3 results")
Six of 10 most-valued firms add Rs 62,773 cr in m-cap; RIL, HUL top gainers
The market cap of ITC rose by Rs 2,273.86 crore to Rs 2,94,802.65 crore
 "Six of 10 most-valued firms add Rs 62,773 cr in m-cap; RIL, HUL top gainers")
RIL revenues decline 2.5% in Q3; Reliance Retail, Jio boost profit
RIL's net profit for October-December 2019 increased by 13.5 per cent to Rs 11,640 crore, beating street estimates
 "RIL revenues decline 2.5% in Q3; Reliance Retail, Jio boost profit")
Year in Review: How world's top 10 business personalities fared in 2019
The year 2019, a breakthrough year for business, saw both fortunes being built and destroyed. Business Standard lists top 10 business personalities from across the globe who made headlines in 2019
 "Year in Review: How world's top 10 business personalities fared in 2019")
Jio, UVARC emerge top bidders for RCom assets with bids worth Rs 21,000 cr
Delhi-based UVARC has offered to pay about Rs 16,000 crore for the spectrum, real estate, and enterprise and data centre businesses of RCom and Reliance Telecom, which houses these assets
 "Jio, UVARC emerge top bidders for RCom assets with bids worth Rs 21,000 cr")
Three key issues and the rift between Reliance Industries and the Centre
Within less than a year, there have been three occasions when the government of India and the country's most valued firm by market capitalisation have been at odds
 "Three key issues and the rift between Reliance Industries and the Centre")
Will not let industries move out of Maharashtra, says Uddhav Thackeray
Reliance Industries chairman Mukesh Ambani, Tata group chairman emeritus Ratan Tata, Mahindra group chairman Anand Mahindra among others participated in two hour discussion
 "Will not let industries move out of Maharashtra, says Uddhav Thackeray")
Reliance, BP pay $36 mn for exit of Niko in KG-D6 block, acquire 10% stake
The firm was paid USD 36 million to settle an arbitration it had initiated against Reliance and BP trying to force it out of the block over default in payment
 "Reliance, BP pay $36 mn for exit of Niko in KG-D6 block, acquire 10% stake")
Top headlines: BSNL clears Rs 1,700 cr dues, EMIs to come down, and more
The country's largest lender State Bank of India (SBI) on Monday announced reduction in its external benchmark-based rate by 25 basis points to 7.80 per cent from 8.05 per cent
 "Top headlines: BSNL clears Rs 1,700 cr dues, EMIs to come down, and more")
Six of top-10 firms lose Rs 64,419 cr in m-cap last week; RIL takes big hit
While TCS, HDFC Bank were the other firms which witnessed a decline in their m-cap for the week ended Friday, HDFC, HUL, ICICI Bank and Infosys emerged as gainers
 "Six of top-10 firms lose Rs 64,419 cr in m-cap last week; RIL takes big hit")
Asia's richest man Mukesh Ambani adds $18 billion to his fortune in 2019
In comparison, Alibaba Group founder Jack Ma's net worth grew $11.3 billion, while Jeff Bezos lost $13.2 billion
 "Asia's richest man Mukesh Ambani adds $18 billion to his fortune in 2019")
Fresh overhang for Reliance Industries as govt tries to block Aramco deal
Government's demand for pending dues may delay company's plan to reduce debt
The great debate: What is the future of West Coast refinery project?
BPCL's impending privatisation and RIL's stake sale to Saudi Aramco raise questions about the future of the West Coast Refinery, once touted as the world's largest
 "The great debate: What is the future of West Coast refinery project?")
Market Wrap, Dec 23: Sensex slips 39 pts; Reliance Ind decline nearly 2%
On the sectoral front, Nifty PSU Bank index slumped the most, down 1.29 per cent, while Nifty Realty and FMCG indices, each, closed nearly 0.5 per cent lower
 "Market Wrap, Dec 23: Sensex slips 39 pts; Reliance Ind decline nearly 2%")
Why the Govt is trying to stop Reliance from selling assets to Aramco
The Delhi high court ordered RIL and BG Exploration and Production India Ltd, a unit of Shell India, to disclose their assets after the Centre sought to restrain the companies from disposing them
 "Why the Govt is trying to stop Reliance from selling assets to Aramco")
RIL mounts counter to govt petition seeking to block its $15 bn Aramco deal
RIL maintained that except as quantified by the tribunal, no amount can be said to be payable at this stage
Eight of 10 most-valued firms add Rs 1.13 trillion in m-cap; TCS leads
The m-cap of Tata Consultancy Services (TCS) surged Rs 56,604.72 crore
 "Eight of 10 most-valued firms add Rs 1.13 trillion in m-cap; TCS leads")
Zero-debt plan of RIL may hit legal roadblock as HC asks to disclose assets
Delhi HC order in PMT arbitration matter could delay stake sale to Aramco