Page 144 - Reliance Industries

RIL upside on asset monetisation, refining mkt rebalancing: Morgan Stanley

RIL announced agreeing to a non-binding letter of intent from Saudi Aramco regarding proposed investment in its refining, petrochemicals, and fuel marketing business

Deleveraging to boost RIL stock's performance

The promise of higher dividend payouts in future will enhance its attractiveness

Reliance's gen next: Mukesh Ambani grooms heirs to his $50 billion fortune

Mukesh Ambani has credited his children, Isha and Akash, with helping to nudge him into the internet business.

Top 10 biz headlines: Stimulus in the works, govt may fully exit AI & more

From govt moving closer to a complete exit from Air India to the grumble of economic slowdown getting louder for corporate India, here are the top business headlines for Friday

Saudi Aramco defends hold on coveted Indian oil market with Reliance tie-up

Aramco's plan to buy 20% of the oil-to-chemicals business of Reliance comes with an assurance to buy half a million barrels a day of the kingdom's crude on a long-term basis

Explained: Why RIL-Aramco deal could be a template for refinery sector

The big question is how far India has become a favoured destination for the oil refineries to uproot their investments from Europe and elsewhere to plug and play here

Brokerages approve RIL's growth plan, expect 30% gain in stock

The key trigger for the stock is RIL's aim to be debt-free by March 2021

Street expects RIL stock rerating after $15-billion Saudi Aramco deal

The key trigger for the stock is the acquisition of a 20 per cent stake in RIL's refining and petchem business by Saudi Aramco at an enterprise value of $75 billion

Deleveraging RIL

Ambani has done well to reduce indebtedness

Saudi Aramco interest in Reliance Industries upstages PSU mega refinery

The oil-to-chemicals division of RIL comprises refining, petrochemicals, and fuel marketing businesses

Aramco deal more to secure crude supply than deleveraging: RIL officials

The O2C business has been the cash churner for RIL, say senior company officials

Reliance Industries to earn $990 mn in fuel retail deal with UK's BP Plc

Aramco agreed to buy a 20% stake in Reliance's oil refining and petrochemicals division

RIL to become zero net-debt company in 18 months: Mukesh Ambani

The statement came in the wake of rising debt at the group level that reached a level of group Rs 1,54,478 crore in the last financial year

Aramco to buy 20% in RIL chemical biz for $15 bn; GigaFiber launch on Sep 5

As part of the deal, Saudi Aramco will supply 500,000 barrels per day of crude oil to Reliance's twin refineries at Jamnagar in Gujarat

World's wealthiest family gets richer by $4 mn every hour, $100 mn a day

The 25 wealthiest dynasties on the planet control $1.4 trillion

Reliance, BP announce JV to set up 5,500 petrol pumps; RIL to hold 51%

Out of the total 6,802 fuel retail outlets run by private sector companies in India, around 20.5 per cent or 1,400 are currently with the RIL

Reliance, BP announce new joint venture to set up 5,500 petrol pumps

The joint venture will build on Reliance's existing fuel retailing network of near 1,400 petrol pumps and an aviation fuel business

Credit Suisse downgrades RIL to underperform, reduces target price

The report pointed out that RIL's free cashflow (FCF) has been in negative for six years

Reliance Industries to acquire 87.6% stake in Fynd for Rs 295 crore

The company said its wholly-owned subsidiary Reliance Industrial Investments and Holdings Ltd has an option to further invest up to Rs 100 cr by Dec 2021 in Fynd

HC scraps trial court order against RIL executives in documents leak case

The case relates to recovery of four secret documents pertaining to government policies on subjects of interest to Reliance Industries Ltd from the company's office