Page 44 - Reliance Industries

Shares of Ambani's $20 bn Jio Financial Services set to debut in Mumbai

Jio Financial, which as yet boasts of little revenue but owns a 6.1% stake in Reliance, has already announced a partnership with BlackRock Inc. to set up an Indian asset management venture

Stocks to Watch: Jio Financial, Titan, Gujarat Gas, Tanla Platforms, KEC

Stocks to Watch on August 21, 2023: Jio Financial Services will be listed on the exchanges today. Experts believe the stock could top the Rs 300-mark on listing

Jio Financial Services to list on Monday; MFs to sell 145 million shares

Listing could see Rs 3,800 crore worth of selling by passive MFs

RIL rebounds 3% from day's low ahead of Jio Financial listing on August 21

Shares of Reliance Industries touched an intra-day high of Rs 2,576, bouncing back nearly 3 per cent from its intra-day low of Rs 2,508.50 on the BSE

Jio Financial Services set to be listed on stock exchanges on August 21

BSE said the scrip would be in the Trade-for-Trade segment for 10 trading days and will trade from this Monday with the symbol of JIOFIN

Contract reform seeks to settle disputes, make doing business easier

Second edition of the Vivad Se Vishwas scheme nudges government officers not to pursue adverse arbitration orders endlessly

RIL's big bets

It aims to become a world leader in green energy

Mukesh Ambani sells his four-floor $9 million Manhattan residence

The list of Superior Ink's earlier residents includes Hilary Swank, Nascar's Jimmie Johnson, designer Marc Jacobs and billionaire Leslie Alexander

Top headlines: SBI beats RIL, becomes most profitable firm, and more

Business Standard brings you the top headlines at this hour

SBI beats Reliance Industries to become India's most profitable company

RIL was last surpassed in the profit rankings by IOC during the TTM ended June 2013

RIL pushes production timeline for battery packs by a year to 2024

According to Faradion's website, the now wholly-owned subsidiary of RIL installed its first sodium-ion battery in Australia in December 2022

Stocks to Watch today, Aug 07: Yatharth, TD Power, RIL, BoB, GNFC, Zen Tech

Stocks to watch on August 07, 2023: Shares of consumer discretionary such as Dixon Tech and Amber Enterprises are expected to be in focus after government relaxed curbs on laptop imports.

World entering a highly disruptive green energy era, says Mukesh Ambani

RIL proposes another 5 yrs for him as MD; Jio Financial listing soon

After retail, telecom, Ambani casts eye on fin services, new energy biz

After creating India's largest retailers and telecom operator in the shortest span of time, billionaire Mukesh Ambani has now set his sight on propelling newly-carved financial services business unit into country's largest non-banking lender while transitioning the conglomerate to net carbon zero by 2035. The recently demerged Jio Financial Services Ltd will leverage the prowess of digital and retail businesses, Ambani said in the latest annual report of Reliance Industries Ltd. The unit, which "will leverage the technological capabilities of Reliance and digitally deliver financial services, democratising access to financial services offering for Indian citizens", is expected to be listed soon, he said. "The demerger of the financial services business into JFS and planned listing on the stock exchanges promises to unlock value." JFS's digital-first approach will help deliver distinctively simple, affordable, innovative and intuitive financial services products to all Indians, the

Reliance seeks shareholder nod to appoint Ambani as head for another 5 yrs

Reliance Industries Ltd, India's most valuable company, has sought shareholder's approval to give Mukesh Ambani another five-year term as chairman and managing director of the company till 2029 -- a period during which he has opted to draw nil salary. Ambani, 66, will cross the company law-mandated 70 years age for the chief executive of the company and requires a special resolution by the shareholders for him to be appointed beyond that age bar. In a special resolution, Reliance sought the nod of shareholders to appoint Ambani as the head of the company till April 2029. Ambani has been on the board of Reliance since 1977 and was elevated as chairman of the company after the death of his father and group patriarch Dhiburhai Ambani in July 2002. In the special resolution posted to shareholders, Reliance said its Board of Directors on July 21, 2023 approved "re-appointed Mukesh D. Ambani as Managing Director, for a period of 5 years from the expiry of his present term, i.e. with effe

Weekend Bites: Import licences, taxing games, and the Ambani way

In which we munch over the week's platter of news and views

Markets gain after 3 days of losses, HDFC Bank, RIL account for half gains

Sensex, Nifty50 post 2nd weekly loss, gains for mid and small-caps

Reliance Industries' annual general meeting of shareholders on Aug 28

India's Reliance Industries on Friday said it would hold its much-anticipated annual general meeting of shareholders on August 28

Top headlines: Tomato to hit Rs 300 in coming days, ED raids Pawan Munjal

Business Standard brings you the top headlines at this hour

Reliance jumps 16 places, now at number 88 on Fortune Global 500 list

Billionaire Mukesh Ambani's Reliance Industries has maintained its highest ranking among Indian corporates in the latest Fortune Global 500 list, jumping 16 places to rank at number 88. Reliance was ranked at number 104 in the 2022 ranking and in the 2023 ranking it is placed at number 88, according to the publication. The company has gained a whopping 67 places in the last two years from number 155 in 2021. As many as eight Indian companies feature in this year's Fortune Global 500 ranking. State-owned Indian Oil Corporation (IOC) jumped 48 places to rank at number 94. Life Insurance Corporation of India (LIC) slipped nine places to rank at 107. Oil and Natural Gas Corporation (number 158), Bharat Petroleum Corporation Ltd (number 233), and State Bank of India (number 235) were the other state-owned firms on the list. Tata Motors rose 33 places to rank at number 337 and Rajesh Exports jumped 84 spots to number 353. The ranking of number 88 is the best-ever achieved by Reliance o