Page 17 - Reliance Industries

Reliance Consumer takes soft drink brand Campa Cola to UAE market

Reliance Consumer Products Ltd, the FMCG arm of Reliance Industries, on Tuesday announced the launch of its soft drink brand Campa Cola in the UAE at the ongoing Gulfood, the world's largest F&B sourcing event. Campa Cola, which has disrupted the Indian beverages industry, is being launched in the UAE with partner Agthia Group, one of the region's leading food & beverage (F&B) companies, according to a joint statement. "This debut marks RCPL's first entry into the United Arab Emirates and reaffirms its long-term commitment to the region," it said. Reliance Consumer Products Ltd (RCPL) entered into the soft drink market after acquiring Campa Cola in 2022 and later reintroduced it in 2023. Commenting on the development RCPL COO Ketan Mody said:"We are excited to enter the UAE market with Campa, a heritage Indian brand founded more than 50 years ago. We are investing for the long term and see great potential for accelerated growth in the region. We have a track record of ...

At $3.8 trillion, India's top 500 pvt cos value more than the country's GDP

NSE, Bharti Airtel storm into top 10 for the first time in Axis Bank's Burgundy Private and Hurun India list; Motilal Oswal Financial Services was the fastest-growing company, the report suggests.

RIL arm wins PLI order for 10 GWh battery cell capacity; stock off lows

Reliance share price: This agreement makes Reliance New Energy Battery Ltd eligible to receive incentives under India's Rs 18,100 crore PLI ACC scheme

Reliance ranks 2nd globally in FutureBrand Index 2024, ahead of Apple

India's largest and most valuable company Reliance Industries Ltd has been ranked the second best brand globally on the FutureBrand Index for 2024, ahead of brands like Apple and Nike. The ranking highlights brands that continuously evolve strategies to deliver on both brand purpose and experience, staying ahead of market shifts. Reliance jumped 11 places in the latest ranking, according to the ranking released by FutureBrand. The company was ranked at 13th place in 2023 and is ranked at 2nd in the latest ranking. The list is led by Korean brand Samsung. Reliance ranks ahead of well-known global brands like Apple, Nike, Walt Disney, Netflix, Microsoft, Intel and Toyota. Reliance is the only Indian brand on the list. "A future brand is a brand poised for future success. It is one that is perceived to balance a strong sense of purpose with a universally great experience right across its value chain," the report said. "A future brand performs consistently and universally well on the

RIL to appeal against Delhi HC order on gas dispute in Supreme Court

In a BSE filing, RIL added that the Division Bench of the Delhi High Court reversed the judgment of the single judge

Mcap of 8 of top-10 valued firms tumbles Rs 2 trn; Reliance biggest laggard

The combined market valuation of eight of the 10 most valued domestic firms eroded by Rs 2 lakh crore last week, with Reliance Industries taking the biggest hit in line with a bearish trend in the broader stock market. Equity benchmark indices Sensex and Nifty extended their downward trend to the eighth day in a row on Friday. In the past eight trading days, the BSE benchmark has tumbled 2,644.6 points or 3.36 per cent, and the Nifty slumped 810 points or 3.41 per cent. While Reliance Industries, Tata Consultancy Services (TCS), HDFC Bank, Infosys, State Bank of India, Hindustan Unilever, Bajaj Finance and ITC faced a combined erosion of Rs 2,03,952.65 crore in their valuation, Bharti Airtel and ICICI Bank emerged as the gainers. The market capitalisation (mcap) of Reliance Industries tanked Rs 67,526.54 crore to Rs 16,46,822.12 crore. The valuation of TCS tumbled Rs 34,950.72 crore to Rs 14,22,903.37 crore. HDFC Bank's mcap eroded by Rs 28,382.23 crore to Rs 12,96,708.35 crore and

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