Page 8 - Reliance Industries

Reliance Industries gets US licence to directly buy Venezuela crude oil

India's largest private refiner gets US general licence to purchase Venezuelan crude directly, potentially diversifying its crude slate and resuming imports after previous sanctions eased

Markets log steepest decline since Budget day as heavyweights drag

Heavy weights HDFC Bank, RIL, ICICI Bank drag down benchmark indices by over a per cent

Indian refiners see limited gains from Venezuela as Russian oil dries up

Venezuela's heavy, acidic grades are a poor replacement for higher-quality Russian variants, which are now declining in India's crude oil basket due to US pressure

Reliance Industries likely to get licence from US for Venezuelan oil

A general licence authorises the purchase, exportation, and sale of Venezuelan-origin oil that has already been extracted, including the refining of such oil

Nifty Oil & Gas falls 1% as oil prices rise; IGL, MGL, BPCL shares drag

The Nifty Oil and Gas declined as much as 1.24 per cent to the day's low of 12,199.20. Out of 15 constituents of the index, 13 stocks declined amid rising crude oil prices

SBI beats TCS to become India's fourth-largest firm by market cap

SBI's market capitalisation rose to ₹10.92 trillion after its shares hit a record high, overtaking TCS, whose stock has fallen sharply from its lifetime peak

Mcap of 8 top valued firms surges by ₹4.55 trn, Reliance biggest winner

The combined market valuation of eight of the top 10 valued firms jumped by a whopping Rs 4.55 lakh crore last week, with Reliance Industries emerging as the biggest winner, in line with a remarkable rally in equities. Last week, the BSE benchmark surged by 2,857.46 points or 3.53 per cent. From the top-10 pack, Reliance Industries, HDFC Bank, Bharti Airtel, ICICI Bank, State Bank of India, Bajaj Finance, Life Insurance Corporation of India (LIC), and Hindustan Unilever were the gainers, while Tata Consultancy Services (TCS) and Infosys saw their valuations erode. The combined market valuation of the eight firms was Rs 4,55,336.36 crore. Reliance Industries added Rs 1,41,887.97 crore, taking its market valuation to Rs 19,63,358.79 crore. LIC's valuation zoomed Rs 64,926.1 crore to Rs 5,70,198.54 crore. The market valuation of Bharti Airtel surged Rs 52,516.39 crore to Rs 11,62,288.64 crore and that of ICICI Bank jumped Rs 52,476.97 crore to Rs 10,06,258.82 crore. The market ...

Reliance Consumer Products buys majority stake in Australia's Goodness Grp

RCPL enters Australian market with stake in Goodness Group, adding health-focused brands Nexba and PACE to its beverages portfolio and expanding its reach across domestic and global markets

Reliance sends 1st fuel to Europe since ban on Russian oil-derived products

The EU's ban on importing products produced from Russian crude is aimed at curbing oil revenues Moscow uses to fund the Ukraine war

Reliance buys 2 mn barrels of Venezuelan crude after nearly a year: Report

Trading houses Vitol and Trafigura were granted US licenses to market and sell millions of barrels of Venezuelan oil following the US military operation last month to capture President Nicolas Maduro

Sustained double-digit growth achievable for India: Mukesh Ambani

Reliance Industries Chairman Mukesh Ambani on Wednesday said sustained double-digit growth for India is possible, and that stable economic leadership defines a country. Speaking at a JioBlackRock event here, Ambani also said that in the next decade, India will not be importing 80 per cent of its energy. Every Indian village has a 5G network that is better and cheaper than any other country, he noted. Sustained law and order for 15-20 years and social harmony are prerequisites for economic growth, Ambani said, adding that "I can clearly see 100 new Reliances coming up in the country".

India-US trade deal 'incrementally' positive for RIL, says Nomura

India-US trade deal is incrementally positive for Reliance Industries as it will reopen access to European Markets due to the availability of Venezuelan crude.

Ambani, Adani group stocks surge after India-US finalise trade deal

While the trade deal's details are still unknown, it removes a key overhang for companies led by Asia's two richest people, both of whom had been in American cross-hairs for much of last year

Reliance's Jio Studios buys 50% stake in award winning Sikhya Entertainment

The ₹150 crore deal brings together Jio Studios and Sikhya Entertainment to scale Indian film content for global markets

Stocks to Watch today: RIL, Policybazaar, Hyundai Motor, Paytm, Tata Power

Stocks to Watch today, Feb 3: Stocks from sectors influenced by Trump's tariff measures, including pharma, IT, textiles, jewellery, chemicals, and auto, are set to remain in focus on Tuesday

Centre can pursue $3.8 bn arbitral award against Reliance Industries

Delhi HC allows govt to file appeal against single-judge Bench order

These are most overbought, oversold stocks on BSE, NSE ahead of Budget 2026

A technical scan on Nifty 500 stocks reveals that 6 shares were trading in overbought territory based on the RSI parameter, while 66 languished in the oversold zone a day ahead of the Union Budget.

Reliance Industries signs pact with ONGC to share offshore resources

In a strategic move to boost offshore energy exploration and operational efficiency, Oil and Natural Gas Corporation Ltd (ONGC) and Reliance Industries Ltd have signed an agreement to share resources such as supply vessels used in finding and producing oil and gas. The two firms signed an MoU for resource-sharing collaboration on the sidelines of India Energy Week (IEW), ONGC Director (Production) Pankaj Kumar said. The pact aims to enhance operational efficiency, enable faster execution of offshore projects, and create stronger synergies between India's largest oil and gas producer and the nation's biggest and most valuable company who have adjacent fields and operations particularly off the east coast, he said. It seeks to explore opportunities to jointly utilise resources, infrastructure, and technical capabilities across offshore energy activities so as to reduce duplication of efforts, optimise capital deployment, and support timely development of offshore assets, which are ...

Reliance set to buy sanctions-compliant Russian oil in February, March

Reliance last received Russian crude in December after securing a one-month US concession that allowed it to wind down dealings with the sanctioned Russian oil producer Rosneft

RIL stock falls below 200-DMA after 9 months; key levels to watch on charts

Reliance Industries stock today dropped below its long-term 200-DMA for the first-time since April 28, 2025. Take a look at how the stock is placed on the daily, weekly and monthly charts.