Page 16 - Reliance Industries

Delhi HC upholds govt claims in $1.7 billion gas dispute with RIL

"It is contended that the migrated gas alone was valued at about $1.5 billion as of June 30, 2016," the single judge order had noted

Delhi HC overturns $1.7 billion arbitration award in Reliance gas dispute

The case revolves around state-owned ONGC's claims that RIL drilled wells near their block boundaries, allowing gas to migrate from ONGC's fields to RIL's KG-D6 block between 2009 and 2013

Campa Cola replaces Thums Up to co-present IPL 2025, spends Rs 200 crore

Media buying executives estimate that IPL 2025's combined ad revenue from TV and OTT platforms will rise by 8-10 per cent over last year to reach around Rs 4,500 crore

Stocks to Watch, Feb 13, 2025: Honasa, ITI, Godrej Ind, Muthoot Finance

Stocks to Watch on February 13, 2025: Investors will focus on Q3 results of Godrej Industries, ITI and others. They will also focus on stock specific development in Vi, ONGC, NTPC Green and others

Surrey confirms deal with Reliance, keeps 51% stake in Oval Invincibles

Surrey County Cricket Club (SCCC) has confirmed its deal with Reliance but said it will continue to retain majority stake of 51 percent in the Oval Invincibles. Reliance Industries Limited (RIL) owners of Mumbai Indians (MI) through its subsidiary, RISE Worldwide, bought 49 per cent stake in The Hundred team for 60m. "R1SE will have a 49 per cent share of the Hundred team, with Surrey retaining the majority 51 per cent," SCCC said in a statement. "The Club hopes to benefit from Mumbai Indians' vast experience and proven success, fresh off lifting yet another league title in South Africa over the weekend, to further strengthen and maintain the team's position as the leading franchise in the competition." The Oval Invincibles have established themselves as a dominant force in The Hundred, securing four titles in as many years. The women's team achieved back-to-back championships in the first two seasons, and the men's team mirrored that success by claiming titles in 2023 and ...

RIL to acquire 49% stake in London-based Oval Invincibles cricket team

The men's team of the Oval Invincibles is the reigning champion of The Hundred in 2023 and 2024

Reliance to invest Rs 50,000 crore in West Bengal by 2030: Mukesh Ambani

Reliance Industries Chairman Mukesh Ambani on Wednesday announced a fresh investment commitment of Rs 50,000 crore in West Bengal by the end of this decade. Speaking at the Bengal Global Business Summit (BGBS) 2025, Ambani said the investment would generate one lakh jobs in the state. "Reliance has already invested Rs 50,000 crore in Bengal over the last decade. Rs 50,000 crore more will be invested by the end of this decade. Our investment will span over multiple sectors, including digital services, green energy, and retail," he said. Ambani reaffirmed Reliance's commitment to driving economic growth in the state, highlighting its role in transforming Bengal's business landscape.

Domestic funds' stake in this stock up over 2900% in FY25; check full list

DIIs have doubled their shareholding, in terms of absolute number of shares held, in 46 out of the Nifty 500 companies in the last nine months, shows ACE equity data.

Use ChatGPT but don't give up critical thinking: Mukesh Ambani to students

Use your intelligence to move forward in life, said Reliance Industries (RIL) chairman Mukesh Ambani while addressing students at the convocation event of Pandit Deendayal Energy University

4 most valued firms lose Rs 1.25 trn in mcap, Reliance biggest laggard

The combined market valuation of four of the top 10 valued firms declined by Rs 1,25,397.45 crore last week, with Reliance Industries taking the biggest hit, in line with weak investors' sentiment at Dalal Street. Last week, the BSE benchmark index declined by 428.87 points or 0.55 per cent, and the Nifty dipped 111 points or 0.47 per cent. "It was another tough week for the Bulls, as the Nifty ended in the red for the third consecutive week. Despite favourable conditions for a comeback, the bulls failed to capitalize on them," Santosh Meena, Head of Research, Swastika Investmart Ltd, said. The market valuation of Reliance Industries slumped by Rs 74,969.35 crore to Rs 16,85,998.34 crore. The valuation of Life Insurance Corporation of India (LICI) eroded by Rs 21,251.99 crore to Rs 5,19,472.06 crore. State Bank of India's valuation diminished by Rs 17,626.13 crore to Rs 6,64,304.09 crore and that of ICICI Bank tumbled Rs 11,549.98 crore to Rs 8,53,945.19 crore. On the other hand,

UBS Group buys shares of 29 firms including Reliance for Rs 1,938 cr

Swiss investment bank UBS Group on Friday bought shares of 29 companies, including Fortis Healthcare, Max Financial Services, Reliance Industries, Blue Star and Hyundai Motor India, for Rs 1,938 crore through open market transactions. According to the block deal data available on the National Stock Exchange (NSE), UBS AG purchased shares of Fortis Healthcare worth Rs 164 crore, bought shares of Max Financial Services for Rs 144 crore, and of Reliance Industries for Rs 138 crore. Additionally, UBS also picked up shares of Blue Star for Rs 120 crore and acquired shares of Hyundai Motor India for Rs 103 crore. The Swiss multinational also picked up shares in companies including One97 Communications, Zomato, Tata Consultancy Services and others. The shares were acquired at a combined transaction value of Rs 1,937.71 crore. Meanwhile, UBS Group's affiliate UBS Principal Capital Asia Ltd offloaded the same number of shares of 29 companies at the same price. Shares of Fortis Healthcare

Reliance to invest Rs 3.05 trillion in Maharashtra, creating 300k jobs

The Maharashtra government signed over 50 MoUs with prominent companies at the ongoing World Economic Forum, including the Tata Group, Ceat, Essar Renewables, and Bharat Forge

Reliance Industries signs MoU to invest Rs 645 cr in Vadhvan port project

The MoU was signed in the presence of the Union Minister of Ports, Shipping, and Waterways, Sarbananda Sonowal

Jigar S Patel of Anand Rathi recommends buying these three stocks today

Reliance has formed a triple bottom pattern near the Rs 1230 zone, accompanied by bullish divergence on the RSI daily chart, signalling a potential trend reversal

Reliance Industries focuses on cost control in O2C segment in Q3FY25

Fuel discounts, ditching low-margin products underway, says company

Mukesh Ambani, wife Nita meet Donald Trump ahead of swearing-in ceremony

The Ambanis expressed their hope for deeper India-US relations to the president-elect and wished him a transformative second term of leadership at the White House

Analysts eye 34% upside in RIL post Q3; Jefferies, Citi, CLSA, MS upbeat

Given the strong Q3 & recent correction in the stock, most brokerages remain optimistic about RIL' future prospects & potential in the stock. Emkay upgraded RIL to 'Buy', citing attractive valuations

Stock Market Close Highlights: Sensex sheds 423 points, Nifty at 23,203; RIL up 3%, Infosys slips 6%

Market LIVE: Markets in India are likely to open on a cautious note today, following mixed global cues as investors focus on companies reporting December quarter results

Markets Today: Wipro, TechM, RIL, Infy, Axis Bk Q3; FIIs; Capital Infra IPO

At 6:35 AM, GIFT Nifty futures indicated a weaker start for the markets, trading 56 points lower at 23,321.5

RIL Q3 results: Net profit rises 7.4% to Rs 18,540 cr, beats estimates

The company's revenue from operations increased to Rs 2.43 trillion from Rs 2.27 trillion in the October-December 2023 quarter.