Page 5 - Ril

Reliance AGM: Where and how to watch Reliance's 46th annual general meeting

Reliance AGM 2023: Mukesh Ambani, chairman of Reliance Industries, will address the shareholders and talk about the company's past performance as well as further plans

Reliance Retail Ventures may sell another 8-10% stake to prepare for IPO

Further dilution of stake might make its IPO size manageable

Brookfield, RIL sign MoU to explore renewable opportunities in Australia

Under the MoU, Brookfield will collaborate with RIL to assess potential capital investment and skill development opportunities in Australia's renewable energy sector

Takeover norm breach: SAT sets aside Sebi order against RIL arm

Tribunal orders Sebi to refund penalty of Rs 25 crore within four weeks

Qatar Investment Authority looking to buy 1% stake in Reliance Retail

QIA is considering a $1 billion investment to buy a 1% stake bringing the valuation of Mukesh Ambani's retail unit to $100 billion

Top headlines: RIL Q1 net falls 11% on weak O2C biz, GST evasion, and more

Business Standard brings you the top headlines at this hour

Jio Financial Services becomes India's most valued NBFC behind Bajaj twins

RIL's shares last closed at Rs 2,623, making it the country's most-valued firm at Rs 17.74 trillion

BharatBenz, RIL showcase hydrogen powered intercity luxury concept coach

BharatBenz in collaboration with Reliance Industries on Wednesday showcased India's first intercity luxury concept coach powered by Hydrogen fuel cell technology. Unveiled at the 4th Energy Transitions Working Group meeting under India's G20 Presidency at Goa, being held between 19-22 July, the concept coach will be used to conduct an advanced engineering study to explore the viability of hydrogen fuel cell as a propulsion alternative for the future, according to a statement. The hydrogen fuel cell propulsion technology used on a customized BharatBenz coach chassis is developed indigenously by Reliance Industries and is being engineered to offer a range of approximately 400 km, it said. This study will also help understand how viable is H2 fuel cell technology for inter-city travel, according to the statement. The G20 Energy Transitions Working Group was established to address the global challenges of energy transition and sustainability, brings together representatives from G20 ..

Creditors approve Reliance Capital infusing Rs 200 cr in insurance arm

Profit-making unit of bankrupt firm has said the capital infusion will increase regulatory comfort

All eyes on Jio Fin price discovery, special session by bourses on Thursday

Street estimates range from Rs 150-240 per share for RIL's financial services arm

At Rs 19.1 trillion m-cap, RIL creates record; shares touch lifetime high

Shares rise nearly 1% to end at Rs 2,822; from a low of Rs 2,201 in 2023, RIL's stock has added over 28%; gains come ahead of demerger with its financial services arm JioFin

NCLAT reserves order asking RIL to get nod for transferring RPPMSL's assets

The National Company Law Appellate Tribunal (NCLAT) on Friday set aside the order of NCLT, which had directed RIL to get stakeholders' consent for the transfer of the Digital EPC Company on a going concern basis from RPPMSL into the company. The NCLAT said the transfer of Digital EPC Undertaking from the wholly-owned subsidiary RPPMSL (of RIL) into the parent/transferee company RIL by way of the demerger is akin to the merger of the wholly-owned subsidiary with the parent company RIL. "We set aside the Impugned Order dated 11.5.2023 and direct that the convening and holding of meetings of Equity Shareholders, Secured and Unsecured Creditors of the Appellant Company RIL is dispensed with and further consent affidavits of 90% of the total value of shareholders and secured creditors and all unsecured creditors will not be necessary at this stage," said NCLAT. It further said: "The appeal is allowed and disposed of accordingly". The Mumbai bench of the National Company Law Tribunal (NC

RIL hits 13-month high on retail buyback, demerger of finance unit

Stock rallies 3.8 per cent to finish at Rs 2,735; m-cap tops 18.5 trillion again

Musk eager to bring Starlink to India, but faces resistance from Ambani

Following a meeting with Indian Prime Minister Narendra Modi in the U.S. on Tuesday, Musk said he was keen to launch Starlink in India which "can be incredibly helpful" in remote villages

Clean energy a $2 trillion opportunity for RIL: Bernstein report

RIL could potentially achieve around $10 billion of revenue from new energy business in 2030

Reliance may earn $10-15 bn revenue from new energy biz by 2030: Bernstein

Reliance has committed to being net zero by 2035, which is earlier than any other energy company in the region

RIL lags as markets near new highs; investors fret over rising debt

Most analysts expect RIL's capex to remain high in 2023-24 as well, by virtue of the roll-out of the 5G network and the continued expansion of its offline and online retail footprint

Top headlines: HC upholds verdict favouring RIL, Go First insolvency & more

Business Standard brings you top new at this hour

HC upholds tribunal verdict favouring Reliance Industries in gas sale case

Reliance had been accused of 'unjust enrichment of over $1.5 billion' in Bay of Bengal

RIL gets nod from shareholders, creditors to demerge financial services arm

RSIL will be renamed Jio Financial Services Ltd (JFSL) and RIL shareholders will receive one share of JFSL for each share they own