Reliance Industries shares surged 12 per cent on Tuesday - which is believed to be its biggest one-day gain in over a decade - adding over Rs 80,000 crore to its market cap. This comes a day after Reliance Industries chairman Mukesh Ambani announced the Aramco deal at the company's shareholder meeting.
Domestic equity benchmark BSE Sensex surged over 200 points in early trade on Tuesday, dragged by losses in index heavyweights HDFC twins, Infosys and ITC, amid weak global cues. However, Reliance Industries (RIL) shared capped the losses on the index by rallying over 8 per cent, a day after its 42nd Annual General Meet (AGM).
Describing the fundamentals of the Indian economy as strong, Reliance Industries Ltd (RIL) Chairman Mukesh Ambani on Monday said that the ongoing slowdown in some sectors of the economy is temporary.
Richest Indian Mukesh Ambani on Monday announced plans to sell stakes in his flagship Reliance Industries' oil and chemical business to Saudi oil giant Aramco and in fuel retail network to BP plc of UK for a combined Rs 1.15 lakh crore as he looked to make his company a zero-net debt firm in 18 months.
The roll-out date of Jio Giga Fiber was announced by Mukesh Ambani at the 42nd AGM of Reliance Industries. A plethora of exciting offers and products were revealed.
British energy giant BP will pay about Rs 7,000 crore for acquiring a 49 per cent stake in Reliance Industries' fuel retailing network, billionaire Mukesh Ambani said on Monday.
Mukesh Ambani on Monday said that Jio which has amassed over 340 million subscribers in less than three years, is now ready to fire four new growth engines including Internet of Things (IoT) for the entire country, home and enterprise broadband services as well as broadband for SMEs.
Mukesh Ambani on Monday announced a deal with Saudi oil giant Aramco, which is highest FDI in India till date. Addressing shareholders at RIL AGM 2019, Ambani said Saudi Aramco has agreed to take a 20 per cent stake in his flagship Reliance Industries' oil refinery and chemical business.
Reliance Industries Chairman and MD, Mukesh Ambani addressed shareholders at the 42nd Annual General Meeting (AGM) of the Reliance Industries. Mukesh Ambani has announced that Saudi Aramco will invest for a 20 per cent stake in RIL's O2C division. Here's the key big announcement Reliance Industries Chairman Mukesh Ambani made during the RIL AGM.
Mukesh Ambani-led Reliance Industries (RIL) is set to bring Tiffany & Company to India, as RIL-arm Reliance Brands and Tiffany have announced a joint venture to open stores of the US-based luxury jeweler in the country.
In the biggest single-day drop posted by US stocks this year, the world's richest man, Amazon founder Jeff Bezos saw the steepest decline of $3.43 billion.
Mukesh Ambani-led Reliance Industries (RIL) has jumped 42 places to become the highest-ranking Indian firm on the Fortune Global 500 list. Indian Oil Corporation (IOC) had been the top-ranked Indian company on the list and was first on the Fortune India 500 list which was started in 2010.
Richest Indian Mukesh Ambani has kept his annual salary from his flagship firm Reliance Industries capped at Rs 15 crore for the eleventh year on the trot.
Rishi Kapoor got a visit from Bigg Boss 12 ex-contestant Anup Jalota who ensured that he meets the couple and keep the ailing actor happy. A lot of other celebrities too have visited the Big Apple to pay him a visit.
Reliance Industries top officials on Saturday met Himachal Pradesh Chief Minister Jai Ram Thakur here over setting up of mobile assembly facilities. The company is also looking to invest in agro-horticulture produce, Jio networking, sports and tourism in the state, a spokesperson for the government told IANS.
The Jio Institute, Ambani's ambitious project to create a world-class center of learning, was being planned to be built on 800 acres in Karjat outside Mumbai i.e Navi Mumbai.
Jio overtakes Airtel, becomes No. 2 Telecom company in India. Mukesh Ambani’s Reliance Jio has overtaken Bharti Airtel’s subscriber base.
Reliance Industries (RIL) Chairman Mukesh Ambani has featured in the TIME magazine's list of 100 most influential people.
The backing of Ambani, Reliance Industries Limited chairman, to the Congress leader comes at a time when the party has been unrelenting in attack on his industrialist- brother Anil Ambani over the Rafale deal.
Aramco opened talks with Reliance as USD 44-billion mega refinery-cum-petrochemical complex, where it was taking a 50 per cent stake along with UAE's ADNOC, got delayed after ruling BJP-government scrapped plans to acquiring land for the project in coastal Maharashtra.
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