Page 17 - Reliance Industries

DP World, Reliance Industries join hands for innovative rail solution

DP World and Reliance Industries have partnered to launch an innovative logistics solution for the petrochemicals industry, shifting product transport from road to rail, significantly cutting carbon emissions. The Dubai-based logistics operator in a statement said the new solution connects Reliance Industries' Jamnagar plant in Gujarat to DP World's inland container depot (ICD) in Ahmedabad and onward to the port of Mundra. Previously, the Mundra-Jamnagar-Mundra round trip involved approximately 700km of road transport for each container, it added. "With the new solution, the Ahmedabad-Jamnagar-Mundra route, also approximately 700km, has been converted to rail," the statement said, adding that this transition eliminates the environmental and operational challenges associated with long-distance road transport while maintaining the same coverage. The statement said the integrated rail service enables the transport of up to 1,260 tonnes of cargo and consolidates up to 45 containers in

Reliance acquires Nauyaan Tradings, eyes majority stake in shipyard arm

With this acquisition, Nauyaan Tradings has become a step-down wholly owned subsidiary of Reliance Industries

Reliance exported Rs 6,850 cr worth of fuel from Russian oil to US: Report

Billionaire Mukesh Ambani's Reliance Industries Ltd is estimated to have earned 724 million euros (about Rs 6,850 crore) from exporting fuel made from Russian crude oil to the US in one year, an European think tank said in a report. "From January 2024 to the end of January 2025, the US imported EUR 2.8 billion of refined oil from six refineries in India and Turkey that process Russian crude. An estimated EUR 1.3 billion of this was refined from Russian crude," the Centre for Research on Energy and Clean Air (CREA) said in a report. US imports of fuels such as petrol and diesel from Jamnagar in Gujarat, where Reliance's twin oil refineries are located, were EUR 2 billion. Of this, "EUR 724 million (is) estimated to be refined from Russian crude," it said. Western and US sanctions on Russia, that followed its invasion of Ukraine in February 2022, do not prohibit or sanction buying/using Russian crude oil and exporting fuels such as diesel derived from it. Gujarat's Vadinar, where ...

Starlink deal: Regulatory, pricing woes outweigh positives for Airtel, RIL

Airtel share price, RIL share price: Ambiguity over regulatory clarity may keep upside in the stocks restricted, analysts cautioned

Starlink deal: Can the stars shine bright for Airtel, RIL? Chart check here

Shares of Reliance and Airtel are in focus amid the Starlink deal; while MTNL too was in limelight on land monetisation news. Here are the key levels to watch out on these 3 telecom stocks.

ONGC, Oil India, RIL gain upto 2% as Oilfields bill passed in Lok Sabha

The bill aims at delinking petroleum operations from mining, clarifying the granting and extension of petroleum leases, and creating a new dispute resolution mechanism for the exploration

Bharti Airtel, RIL shares rise upto 3% on deal with Elon Musk-backed SpaceX

Bharti Airtel rose as much as 3.37 per cent to hit an intraday high of Rs 1717.25 per share, while RIL share gained up to 1.13 per cent to hit an intraday high of Rs 1,261.55

Former RBI deputy governor MK Jain to join Reliance Industries as advisor

The appointment comes at a time when other business conglomerates, including the Tatas, are investing heavily in the financial services sector

Mukesh Ambani's empire faces turbulence as US trade tariff risks mount

The concern in New Delhi is that any retaliatory trade action by Washington will cover broader ground than just India's massive tariffs

Govt to pursue $2.81 bn demand from RIL, partners till the end: Puri

The ministry raised the demand recently following the Delhi High Court's decision in the matter last month

Reliance Industries stock up nearly 4% on Macquarie, Emkay upgrade

In the past six months, RIL share price has underperformed the market by falling 15 per cent as compared to a 9 per cent decline in the BSE Sensex

Reliance Ind share up 2% as Kotak Institutional Equities upgrades to 'Buy'

The uptick in RIL's share price followed an upgrade from domestic brokerage firm Kotak Institutional Equities, which raised its rating to 'Buy' from 'Add'

RIL receives $2.81 billion demand notice from govt over gas dispute

Also receives liquidated damages levy notice over battery PLI milestone delay

RIL's KG-D6 basin arbitration case highlights gaps in government's approach

The final outcome of all arbitral cases have gone in favour of the government; ironically, the finance ministry itself advised departments to exercise caution when challenging awards for larger cases

RIL can tank 20% from here to 46-mth low, trades below this key trend line

Reliance share price was quoting at a 15-month low, and below its super trend line support on the monthly scale for the first-time since April 2014; here's a technical outlook on the stock.

Reliance says oil ministry raised $2.81 bn demand in ONGC gas dispute case

Reliance Industries says the petroleum ministry has raised a $2.81 billion demand over a gas migration dispute linked to KG-D6, following a Delhi High Court ruling in the government's favour

Reliance Industries stock slump tracks weak earnings, valuation gap

Stock down 21.2% since FY24-end; share price at 17-month low

Reliance Industries shares slip 3%; stock hits over 15-months low

In the past six months, RIL has underperformed the market by falling 22 per cent, as compared to the 11.5 per cent decline in the BSE Sensex

Reliance New Energy risks being fined up to Rs 125 cr in rebuke for Ambani

The small monetary fines are a mere rap on the knuckle, especially for Asia's richest person and his Reliance conglomerate

Nifty monthly losing streak 2nd worst in 30 yrs; why you should be worried

The Nifty 50 index has shed nearly 13% in the last five straight months, its longest losing streak since November 1996; equalling its second-worst ever in the 30-year history.