Page 46 - Reliance Industries

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

At $112 bn, RIL's retail arm value almost twice of O2C biz: Bernstein

According to Berstein's latest report on the company, its retail business is valued at $112 billion while its O2C business is valued at $57 billion

Infosys to Reliance: Gauging the economy through Q1 corporate results

Numbers show subdued overseas demand for services, gradual recovery in consumer demand and the impact of high interest and inflation

Reliance partners with Brookfield for Australia's renewable energy push

Brookfield Asset Management said in March it will invest A$20 billion and A$30 billion over the next ten years in Australia along with it partners in renewable energy projects

Solar Energy Corp proposes JV with Reliance to supply green energy

Solar Energy Corp, has offered oil-to-telecoms conglomerate Reliance Industries a 51% stake in a joint venture to supply renewable power to the latter's refineries and other manufacturing plants

Takeover norm breach: SAT sets aside Sebi order against RIL arm

Tribunal orders Sebi to refund penalty of Rs 25 crore within four weeks

Can the Jio-BlackRock joint venture stir the AMC pot? What analysts say

Growth expectations of incumbent AMC players may get trimmed in the medium-to-long term, analysts said, once the Jio-BlackRock JV unveils its plans

Bluechip companies lift benchmark indices after three days of losses

RIL, L&T, ITC account for bulk of the gains

Qatar sovereign fund in talks for minority stake in Reliance Retail

RRVL valued at $100 bn by JM Financial; Reliance group looking to unlock potential of its telecom unit too

Qatar Investment Authority looking to buy 1% stake in Reliance Retail

QIA is considering a $1 billion investment to buy a 1% stake bringing the valuation of Mukesh Ambani's retail unit to $100 billion

Stocks to Watch: Tata Steel, RIL, Maruti, TVS Motor, HDFC AMC, JK Paper

Stocks to Watch on July 25, 2023: Asian Paints, Bajaj Auto, Cyient, CEAT, Delta Corp, Jubilant FoodWorks, KPIT Tech, Larsen & Toubro, SBI Life and Tata Motors will release their Q1 results today

RIL's net debt likely to moderate in next few quarters, say analysts

RIL's consolidated net debt stood at Rs 1.27 trillion as of the June 2023 quarter, up marginally on a sequential basis

Reliance Industries, Brookfield enter into data centre partnership

The transaction is subject to regulatory approvals and is expected to complete in around 3 months

RIL, Infy, Paytm, Vedanta: Trading strategies for stocks post their Q1 nos

ICICI Bank remains strong on charts post delivering Q1 results last week

RIL dips 3% in intraday trade on weaker-than-expected Q1FY24 results

The company reported a 10.8% year-on-year dip in its consolidated net profit to Rs 16,011 crore owing to weak profitability seen in the O2C business

Stocks to Watch: RIL, ICICI Bank, Paytm, IGL, Biocon, YES Bank, Cyient DLM

Stocks to Watch on July 24, 2023: Tata Steel, HDFC AMC, Canara Bank, IDBI Bank, TVS Motor will announce their Q1 results today

After less than explosive Q1, Reliance Industries stock to see no fireworks

Recent rally, soft outlook for O2C business may pull stock down

RIL Q1 net profit falls 11% to Rs 16,011 crore on weak O2C business

Consumer business reports healthy growth

RIL Q1 results: Net profit declines 11% to Rs 16,011 cr on weak O2C biz

Reliance Industries announces dividend of Rs 9 per share

Sensex drops 888pts, Nifty below 19,750; Infy sinks 8%, HUL, RIL up to 3.5%

Closing Bell on July 21, 2023: The benchmarks snapped their 6-day winning run. Among sectoral indices, the Nifty IT index shed 4 per cent, followed by the Nifty FMCG index (down 1 per cent)