Page 94 - Reliance Industries
Sterling and Wilson Solar soars 17% as RIL to buy 40% stake in company
Reliance Industries through its subsidiary will acquire a 40 per cent stake in Sterling and Wilson Solar through a combination of primary investment, secondary purchase and open offer
 "Sterling and Wilson Solar soars 17% as RIL to buy 40% stake in company")
Stocks to Watch: TCS, AB Sun Life AMC, RIL, Dish Tv, Inox Leisure, Saregama
HFCL, Delta Corporation, Krsnaa Diagnostics, Ramkrishna Forgings, Saregama India, Tata Metaliks and Tinplate Company of India are slated to post their Q2 results today
 "Stocks to Watch: TCS, AB Sun Life AMC, RIL, Dish Tv, Inox Leisure, Saregama")
Reliance buys Norway's REC Solar Holdings from China's Bluestar for $771 mn
This is the first major renewable energy deal, where an equipment manufacturing facility has been acquired
 "Reliance buys Norway's REC Solar Holdings from China's Bluestar for $771 mn")
RIL to buy 40% stake in Sterling & Wilson Solar for Rs 2,850 crore
The company will also acquire 25.9 per cent stake by way of an open offer at the same price
 "RIL to buy 40% stake in Sterling & Wilson Solar for Rs 2,850 crore")
RIL's renewable energy arm buys REC Solar Holdings in $771 mn deal
Target is one of world's top solar cells/panel and polysilicon firms, will be key part of Reliance's new energy vision
 "RIL's renewable energy arm buys REC Solar Holdings in $771 mn deal")
Mukesh Ambani joins Bezos, Musk in world's exclusive $100 bn club
The chairman of Reliance Industries Ltd. entered the rarefied group of 11 men as his conglomerate's stock climbed to a record on Friday
 "Mukesh Ambani joins Bezos, Musk in world's exclusive $100 bn club")
Reliance Industries gains 3%, hits new peak; m-cap nears Rs 18 trillion
Mukesh Ambani-controlled RIL's combined market-cap (partly and fully paid shares) stands at Rs 17.66 trillion
 "Reliance Industries gains 3%, hits new peak; m-cap nears Rs 18 trillion")
Mukesh Ambani tops Forbes India rich list with $92 billion net worth
Chairman of Reliance Industries, topped the rich list for the 14th year in a row
 "Mukesh Ambani tops Forbes India rich list with $92 billion net worth")
Jio World Drive: Reliance's premium retail destination in Mumbai's BKC area
It will be home to prominent international and Indian brands, 27 culinary outlets, Mumbai's first rooftop Jio Drive-In Theatre, an open-air weekend community market, pet-friendly services, and others
 "Jio World Drive: Reliance's premium retail destination in Mumbai's BKC area")
At $93-bn net worth, Mukesh Ambani tops 2021 Forbes list of India's richest
A soaring stock market propelled the combined wealth of members of the 2021 Forbes list of India's 100 Richest to a record US$775 billion
Moody's raises rating outlook to stable for 18 Indian companies, banks
The nine companies whose rating outlook has been revised upwards are RIL, TCS, Infosys, ONGC, Petronet LNG, UltraTech Cement, Oil India, IOC and HPCL
 "Moody's raises rating outlook to stable for 18 Indian companies, banks")
Reliance to transform energy business, says Morgan Stanley
Over the next few decades, the world will need to fundamentally retool the way it produces and consumes energy
Natural gas price increase positive for ONGC, Reliance: Fitch
The gas price increase will hit the fertiliser sector's profitability by increasing working-capital requirements, Fitch said.
 "Natural gas price increase positive for ONGC, Reliance: Fitch")
Reliance floats subsidiary in United Arab Emirates for trading in oil
The plans follow an announcement in June that the Indian conglomerate will invest in projects of Abu Dhabi National Oil Co
Reliance Industries extends deadline to complete Future group deal
The deal has been contested by Amazon, an investor in Future Coupons, which in turn is a shareholder in Future Retail
 "Reliance Industries extends deadline to complete Future group deal")
In Focus: Reliance Industries the latest target of shareholder activism?
One of the world's largest institutional investors has locked horns with RIL over its appointment of the Saudi Aramco chairman as an independent director. Do they have a real case, legally speaking?
 "In Focus: Reliance Industries the latest target of shareholder activism?")
RIL backs Saudi Aramco chairman appointment as independent director
Reiterates that his induction has no connection with Saudi Aramco's plans to buy a stake in RIL's oil-to-chemical business
 "RIL backs Saudi Aramco chairman appointment as independent director")
Reliance Industries backs Saudi Aramco chairman as independent director
RIL said in a stock exchange filing that the appointment of Yasir Al-Rumayyan will 'benefit Reliance through the transition from oil to chemicals and the aim to achieve Net Carbon Zero by 2035'
ONGC, RIL among likely winners in Asian markets from China's energy crunch
More than half of China's mainland provinces are limiting electricity use, forcing factory shutdowns that are reverberating through global supply chains.
Sensex recoups 622-pt loss, ends 410 pts down; IT stocks worst hit
Negative global market cues and profit taking pushed both Sensex and Nifty lower for the first time in four days
 "Sensex recoups 622-pt loss, ends 410 pts down; IT stocks worst hit")