Reliance Industries Ltd | The Asian Age

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The twin deals along with deleveraging of telecom arm Jio's infrastructure assets will help Reliance become "a zero-net debt company within the next 18 months, that is by March 31, 2021, Reliance Industries chairman Mukesh Ambani said at the company's annual general meeting.

RIL shares zoom to decade high after company announces plan to turn debt-free

The scrip opened the day on a bullish note and jumped 12.09 per cent to Rs 1,302.50 on the BSE.

13 Aug 2019 12:57 PM

Jio will also invest and financially support those startups that have the potential to address India's big needs in agriculture, healthcare, education and skill development which will boost the creation of new livelihoods, said Reliance's Mukesh Ambani. (Photo: File)

Jio, Microsoft team up for digital transformation alliance

Reliance's Mukesh Ambani unveiled promised to make connectivity infrastructure free for nascent stage firms.

12 Aug 2019 9:06 PM

Reliance's existing 1,400-odd petrol pumps, as well as 31 aviation fuel stations, will be transferred to the new joint venture where BP will hold 49 per cent equity stake.

BP to pay Rs 7,000 cr for 49 pc stake in Reliance's fuel retail network

Last week, the two firms had announced a new joint venture to set up petrol pumps and retail aviation turbine fuel in India.

12 Aug 2019 12:12 PM

Jamnagar shall be the refinery icon of the world with best-in-class performance, the company said in its latest annual report outlining its vision.

Reliance to produce only jet fuel, petrochemicals at Jamnagar after oil-to-chemical strategy

The company is preparing its Jamnagar complex to be future ready as fuel demand undergoes change.

11 Aug 2019 12:07 PM

In 2018-19, RIL's refining margin at USD 9.2 per barrel remained relatively strong even in a dynamic volatile market.

Reliance's refinery complexity index rises to 21.1

Complexity index designates capabilities of a refinery to upgrade lowest quality crude to highest quality refinery products.

26 Jul 2019 5:54 PM

RIL's standalone net profit of Rs 9,036 crore, up 2.4 per cent over the previous year, was a record.

RIL shares gain 2.5 pc; m-cap rises by Rs 19,974 cr after Q1 earnings

The oil-to-telecom conglomerate reported a net profit of Rs 10,104 crore, or Rs 17.05 per share, in April-June.

23 Jul 2019 12:41 PM

Multizone catalytic cracking (MCC) process developed by RIL converts an array of raw materials to high-value propylene and ethylene in a single riser.

How oil-to-chemicals integration worked for RIL

An oil-to-chemical strategy was developed by Reliance to transition the Jamnagar refinery from fuels producer to chemicals producer.

22 Jul 2019 4:21 PM

The company, beginning mid-2020, will bring to production three sets of new discoveries in the block that will reverse the years of decline in production.

Reliance says its main gas fields in KG-D6 block in late life stage

The fields produced an average of 1.76 million standard cubic metres per day of gas during April-June, the firm said.

21 Jul 2019 1:40 PM

In terms of the traded volume, 3.22 lakh shares were traded on the BSE and over 74 lakh units on the NSE during the day.

Reliance Industries Ltd shares fall 1 pc ahead of quarterly results

The scrip declined 1.01 per cent to close at Rs 1,249 on the BSE.

19 Jul 2019 5:14 PM

Reliance Brands completes acquisition of Hamleys

In India, Reliance Retail had the master franchise for the brand and operates 88 stores across 29 cities.

18 Jul 2019 1:17 PM

Reliance, which is the operator of KG-D6 with 60 per cent stake, has so far made 19 gas discoveries in the Bay of Bengal block.

BP, Reliance investing USD 5 billion in KG-D6 to produce 1 bcf of gas

The three projects will help reverse the falling gas output from what was once the biggest gas-producing block in India.

17 Jul 2019 6:18 PM

HDFC Bank's valuation plummeted Rs 22,395.4 crore to Rs 6,54,084.95 crore. (Photo: File | PTI)

Nine of top-10 firms lose Rs 88,609 cr in m-cap

RIL was the lone gainer among the top-10 frontline companies, adding Rs 11,415.21 crore to its m-cap.

14 Jul 2019 2:40 PM

ONGC, in the previous two financial years, had lost the most profitable PSU tag to IOC.

ONGC topples IOC to regain most profitable PSU tag

Oil and Natural Gas Corp reported a 34 per cent jump its in 2018-19 fiscal net profit to Rs 26,716 crore.

02 Jun 2019 5:01 PM

Reliance Industries Limited was the most profitable company in the country with a net profit of more than double that of IOC in FY2019.

Reliance topples IOC to become the biggest Indian company

Reliance in the 2018-19 fiscal year that ended March 31, reported a turnover of Rs 6.23 lakh crore.

21 May 2019 2:36 PM

Reliance, once dependent on its industrial businesses, reshaped the Indian telecom industry when it launched its Jio telecom unit in 2016.

Global investors in talks to invest in Reliance Jio infra investment trusts: report

Reliance aims to get at least five investors on board, with some joining the conglomerate’s board, the report added.

30 Apr 2019 12:38 PM

"R-Cluster development is on track for first gas in 2H FY21," Reliance said in an investor presentation after its fourth-quarter earnings. (Representative Image)

Reliance to start gas production from R-Cluster in 2nd half of FY21

Reliance and its partner BP Plc had in 2017 announced an investment of Rs 40,000 crore in three sets of discoveries.

19 Apr 2019 6:16 PM

For the fiscal ended March 31, 2019, Reliance Jio posted over 4-fold jump in net profit to Rs 2,964 crore compared to Rs 723 crore in the previous fiscal.

Reliance Jio Q4 net profit jumps 64 pc to Rs 840 crore

The operating revenue of Reliance Jio rose 55.8 per cent to Rs 11,106 crore during the reported quarter.

18 Apr 2019 7:45 PM

RIL revenue rose 19.4 per cent to Rs 154,110 crore.

Reliance Industries Q4 net jumps 9.8 pc to record Rs 10,362 cr

Net profit in January-March at Rs 10,362 crore, or Rs 17.5 a share.

18 Apr 2019 7:12 PM

On the National Stock Exchange (NSE), RIL shares jumped 3.14 per cent to close at Rs 1,386.05 apiece.

RIL shares gain over 3 pc ahead of Q4 earnings

RIL scrip of rose by 2.79 per cent to settle at Rs 1,382.90 on the BSE. During the day, it gained 3 per cent to Rs 1,387.

18 Apr 2019 5:20 PM

Reliance Retail, the retail arm of billionaire Mukesh Ambani-owned Reliance Industries, is “aggressively pursuing the deal”, a website quoted one of the sources as saying.

Reliance Industries in talks to buy British toymaker Hamleys: Report

Reliance Retail currently has the license to sell Hamleys products in India.

17 Apr 2019 4:22 PM

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Farrukh Dhondy