Page 87 - Reliance Industries

Reliance to buy control of New York's Mandarin Oriental hotel for $98 mn

Company says the acquisition will help the group increase its consumer and hospitality footprint.

RIL's $4-bn forex bond: India Inc's fundraising in 2022 begins with a bang

Renew Power, Shriram have queued up to raise dollar bonds after RIL raises $4 bn in India's largest-ever foreign currency bonds issue

Sensex gyrates 729 pts, ends 143 pts up; India Cements gains 15%, OIL 8%

Sectorally, the Nifty Auto and Pharma indices were the only losers, down up to 0.4 per cent

Stocks to Watch: RIL, Wockhardt, IDBI Bk, SJVN, Titan, DMart, FMCG, Pharma

Pharma shares may be in focus as India's apex health research organization ICMR has raised concerns around the safety for use of the oral antiviral drug Molnupiravir

Reliance raises $4 bn via foreign currency bonds at finest rate

India's largest-ever foreign currency bonds issue gives strong base for India Inc's fundraising efforts in 2022

Reliance raises $4 bn in India's largest-ever foreign currency bonds issue

'The issue was nearly 3 times oversubscribed with a peak order book aggregating $11.5 bn and was priced through RIL's secondary curve,' a company statement said

SIAC terminates Jan 5-8 arbitration proceedings in Amazon-Future dispute

The tribunal is adjudicating Amazon's objections to Future Retail's Rs 24,500-crore deal with Reliance

Stocks to Watch: RIL, Airtel, HUL, SBI, DB Realty, pharma, steel, textiles

Reliance Jio plans its biggest ever rupee bond sale, while Bharti Airtel shelves its plans to de-merge its core telecom business

Mukesh Ambani's succession plan needs three superstar businesses

Having the family jointly oversee the whole may be a superior option to dividing up oil refining and petrochemicals, telecom and retail assets.

Moody's assigns Baa2 rating to Reliance Industries' $5 bn bonds issue

Moody's Investors Service on Tuesday assigned a Baa2 rating to the proposed USD-denominated senior unsecured bonds of Reliance Industries Limited (RIL), with stable outlook. Reliance last week said it will raise as much as USD 5 billion in foreign currency denominated bonds and use the proceeds to retire existing borrowings. "RIL's Baa2 ratings reflect the company's large scale and dominant market position across its diverse businesses, its management's strong execution track record and our expectation that its credit metrics will remain strongly positioned for its Baa2 rating, despite its planned investments in clean energy and other business segments," Sweta Patodia, a Moody's Analyst, said in the rating agency's press statement. The firm's high dependence on the Indian economy through its digital services and retail businesses constrains its rating to one notch above that of the Indian sovereign rating, Patodia said. Moody's said RIL benefits from diversified earnings sources th

Moody's assigns Baa2 rating to Reliance Industries' proposed USD bonds

Moody's Investors Service assigned a Baa2 rating to the proposed USD-denominated senior unsecured bonds to be issued by Reliance Industries Limited. The outlook on the rating is stable.

Reliance becomes promoter in SWREL, holds over 40% stake

Sterling & Wilson Solar Ltd is now known as Sterling and Wilson Renewable Energy

Future Retail asks court to declare arbitration with Amazon illegal

The case will likely be heard by judges this week.

Reliance to raise $5 bn via overseas bonds to retire existing borrowings

The bond sale is poised to become the single largest such borrowing by an Indian company

Reliance Industries arm acquires battery tech firm Faradion for GBP 100 mn

RIL will use Faradion's state-of-the-art technology at its proposed fully integrated energy storage giga-factory as part of the Dhirubhai Ambani Green Energy Giga Complex project in Jamnagar

IT services, telecom, financials: Sectors analysts are betting on for 2022

With the withdrawal of easy and cheap money globally, fundamentals would come to fore, analysts suggest. Therefore, one needs to stay invested in the right quality of stocks, analysts suggest

RIL subsidiary acquires UK-based battery technology firm Faradion

Faradion Limited is a leading global battery technology firm that has patents of sodium-ion battery technology

Market wrap: Sensex, Nifty end flat; BSE IT index hits all-time high

Reliance, Tata Steel decline; NTPC gains 3% on plans to sell stake in newly formed renewable energy arm

What leadership transition means for Reliance Industries

Asia's richest man has announced a leadership transition at Reliance Industries. Ambani's children are already playing different roles in the company. Find out what this transition means for Reliance

TMS Ep75: Reliance, Erik Berglöf, Sebi's IPO norms, 5G spectrum

What does leadership transition mean for Reliance? What's Erik Berglöf vision of economic recovery? What do new IPO norms by Sebi mean for markets? What's 5G mmWave spectrum?