Page 81 - Reliance Industries

FRL making a mockery of Indian courts, says Amazon in SC submission

Accuses the Kishore Biyani-led retailer of making false statements before courts, including SC, about its $3.4 billion asset deal with Reliance Industries

M-cap of 10 most valued firms soars Rs 2.61 trn; HDFC Bank, RIL top gains

Last week, the Sensex zoomed 1,914.49 points or 3.33 per cent.

Took steps to ensure biz continuity: RIL defends takeover of Future stores

Future Retail had earlier written to RIL over the takeover of its stores, according to three people in the know

BS 1000: Most Valuable Indian Companies

#BS1000 | The financial year 2020-21 was one of recovery for corporates after the outbreak of the Covid-19 pandemic in the last quarter of FY20 and the subsequent national lockdown brought economic activity to a halt in the April-June 2020 quarter. The combined revenues of BS1000 companies were down just 6.1 per cent in FY21 over the previous year, despite a complete washout in the first quarter of the financial year. Top companies cornered a bigger chunk of revenues in many industries. Take a look at India's most valued companies

Bonanza for RIL, ONGC: Gas price to more than double this week, says report

Reliance Industries is set to get a record price of around $10 per MMBtu for the KG gas, while ONGC is likely to fetch more than double the rate for its Mumbai High and other fields, sources said.

Amid record high prices, are industrial metals the new oil in India?

Data providers such as Reliance Jio, Airtel and large tech startups such as Flipkart, Paytm have yet to earn big profits, while metal giants are becoming important in an emerging low-carbon world

West Coast refinery could get a new home as demand for such plants revives

Renewed interest in adding refinery capacity in India owes to the long-term decline of the business in Europe; and in the short-run, the Ukraine war has been a key driver

Sensex gains 350 pts; Hero Moto cracks 7%, Ruchi Soya zooms 16%

CLOSING BELL: Shares of Hero MotoCorp cracked over 6 per cent after reports suggested that the Income Tax Department has found that Hero MotoCorp made more than Rs 1,000 crore bogus expenses

Stocks to Watch: Aurobindo Pharma, RIL, Ruchi Soya, Tata Power, PowerGrid

Shares of drugmaker Aurobindo will be in focus as the company has acquired the domestic formulation business of Veritaz Healthcare on a slump sale basis at Rs 171 crore.

Reliance Industries, ACRE bid for Sintex filed before NCLT for approval

The joint bid of Reliance Industries and Assets Care & Reconstruction Enterprise (ACRE) for debt-ridden Sintex Industries has been moved before the NCLT for its approval after getting unanimously selected by the lenders of the textiles maker. The resolution professional of Sintex Industries has filed the resolution plan by RIL and ACRE, as approved by the Committee of Creditors (CoC) before the Ahmedabad Bench of the National Company Law Tribunal (NCLT), said a regulatory filing. "... we would like to inform that the Interim Resolution Professional of the Company has duly filed the resolution plan as approved by the CoC with the NCLT, Ahmedabad Bench on 23rd March, 2022, in accordance with Section 30(6) of the Insolvency and Bankruptcy Code, 2016," it said. As per the IBC procedures, RP has to submit the resolution plan as approved by the CoC to NCLT under Section 30(6) of IBC, which gives its final approval. Earlier this week, Sintex Industries, which is going through the ...

RIL stock hits over 2-month high in a weak mkt; surges 12% in two weeks

Steady cash flow from O2C segment is expected to continue as stability in GRMs and higher global gas prices augur well for oil & gas exploration segment

Sensex falls 571 pts, Nifty ends below 17,150; metals shine, FMCG bleed

Stock market live updates: Opening Bell Stock market live updates: The key benchmark indices started Monday's session with mild gains amid ensuing uncertainty of the Russia-Ukraine war. The BSE Sense

Stocks to Watch: RIL, Adani Group, Ruchi Soya, Maruti, SBI, JSPL, FMCG

Reliance Retail Ventures, a subsidiary of Reliance Industries, has bought 89 per cent stake in Purple Panda Fashions for Rs 950 crore.

Reliance Retail pays Rs 950 cr for 89% stake in D2C lingerie brand Clovia

The firm will invest Rs 950 crore via a combination of secondary stake purchase and primary investment

Reliance-ACRE combine wins race for ailing textile firm Sintex Industries

Lenders approve resolution plan with 100% vote

RIL plans entry into coal-based power generation with bid for Lanco's plant

Company makes a foray into coal-based power generation for the first time

Reliance may avoid Russian fuel after sanctions, says official

Sanctions on Russia have prompted many companies and countries to shun its oil, depressing Russian crude to record discount levels

Reliance, Ola Electric, others to get incentives in battery scheme: Report

Reliance Industries and Softbank Group-backed Ola Electric have won bids to receive incentives under India's $2.4 billion battery programme, four sources told Reuters

Top headlines: Oil PSUs buy cheaper Russian crude; JPM cuts Indian shares

Business Standard brings you the top headlines on Thursday

Adani's wealth jumped the most in 2021, Nykaa CEO newest billionaire: Hurun

RIL chief sees 24% spike in wealth to $103 bn; Gautam Adani takes second spot