Page 89 - Reliance Industries

Reliance to transfer Jamnagar asset to subsidiary for syngas production

The transfer will help "unlock the value of syngas" and will help the company's transition to renewables as its primary source of energy, said the company in a press release

RIL board decides to restructure, repurpose gasification assets

Reliance Industries Ltd's Board on Wednesday decided to implement a 'Scheme of Arrangement' to transfer the 'Gasification' undertaking into a wholly-owned subsidiary (WOS).

RIL to own new cricket team in Emirates Cricket Board's new UAE T20 league

Reliance Industries Limited, which owns IPL side Mumbai Indians, is set to acquire a new franchise in the Emirates Cricket Board's upcoming UAE T20 League

Stocks to Watch: Airtel, RIL, Siemens, Escorts, Radhe Dev, Indian Metals

Upside in Vedanta may be capped unless commodity prices rebound, say analyst

Future Retail employees urge SC to clear sale to Reliance in Amazon dispute

Future has failed to close its $3.4 billion deal to sell its retail assets to market leader Reliance Industries due to successful legal challenges by Amazon

Reliance credit quality not impacted by Aramco decision: Moody's

The reevaluation of the decision to sell a 20% stake in Reliance Industries Ltd's oil-to-chemical business to Saudi Aramco will not impact the firm's credit quality, Moody's Investors Service said

Mukesh Ambani looks to USA's Walton family playbook on succession: Report

Reliance may over time become a holding company for three underlying businesses which are likely to be listed separately in the future, says Bloomberg

Explained: Why does India fail to attract foreign investments in oil & gas?

The scenario reflects the larger uncertainties in global fossil fuel investments and India's whimsical policy environment

Top headlines: PMC Bank depositors kept waiting, US set to release oil

Cabinet secy-led panel to take call on more allocation to PLI pharma; After farm Acts' repeal, govt may table seeds Bill in Winter Session. More in today's top headlines

Aramco eyes new investments in India after Reliance scraps $15-bn deal

Aramco had signed a non-binding letter of intent in August 2019 for a potential 20% stake in Reliance's oil-to-chemicals unit valued at about $15 billion

Aramco deal collapse hits RIL shares, market cap loss at Rs 72,000 cr

Analysts said market was factoring in a full $75 bn valuation for O2C segment. Irrespective of the refining and petrochem cycle, the key catalyst for the market was Aramco deal closure

Top headlines: Airtel hikes tariffs by 20%-25%; RIL m-cap erodes Rs 72k cr

Business Standard brings you the top stories this evening

Sensex, Nifty tank 2% each amid broad-based sell-off; India VIX hits 17

Broader indices suffer deeper cuts; SmallCap index declines 3%; RIL sinks 4% after calling off deal with Saudi Aramco

Reliance Industries slips 4% on calling-off Saudi Aramco deal

Saudi Aramco was suppose to acquire 20 per cent stake in Reliance's oil to chemicals (O2C) business

RIL stock could enter bearish phase; bulls favour Airtel, tech charts show

Reliance Industries' stock needs to defend Rs 2,340, whereas Bharti Airtel can jump up to 12%

Stocks to Watch: RIL, Paytm, Airtel, Maruti, GMR Infra, HFCL, airline stks

Bharti Airtel has hiked tariff on pre-paid plans by 20-25 per cent.

Aramco deal on backburner a minor setback; buy RIL on dips: Analysts

RIL shareholders had recently passed a resolution in October to appoint Saudi Aramco Chairman Yasir Al-Rumayyan as an independent director to the conglomerate's board

A better balance sheet, green plans behind RIL's change of tack for oil biz

RIL and Saudi Aramco signed a non-binding letter of intent in August 2019 for a potential 20 per cent stake acquisition by Saudi Aramco in the O2C business of Reliance.

A better balancesheet, green plans behind RIL's change of tack for oil biz

RIL now plans to take in partners in its new energy and specialty chemical businesses which means its subsidiaries will take different directions based on their requirement for technology tie-ups

RIL, Saudi Aramco decide to re-evaluate proposed investment in O2C biz

RIL withdraws application to separate Oil to Chemicals business