The emergence of KaiOS has led to the growth of a new category of devices -- smart feature phones. For those who cannot afford a smartphone, these devices have proved to be a boon as they allow users to connect to the Internet, thereby bridging the digital divide.
On August 12, 2019, Reliance announced that it has signed a non-binding letter of intent to sell a 20 per cent stake in its Oil to Chemical (O2C) business to Saudi Arabian Oil Company (Aramco).
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.
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.
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 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.
Billionaire Mukesh Ambani's Reliance Industries Ltd plans to produce only jet fuel and petrochemicals at its mega Jamnagar refinery complex as it implements an oil-to-chemical strategy that will eliminate most fuels it produces in favour of high value products.
Reliance Jio posts Rs 11679 crore revenue that is up by 5.2 per cent QoQ and 44 per cent YoY, followed with a net profit of 891 crores.
Reliance Industries on Friday reported a 6.8 per cent rise in consolidated net profit for the first quarter of the current fiscal as share of consumer businesses of retail and telecom rose sharply.
Versova-Bandra Sea Link is a marquee project with a length of 17.17 km, which is three times the length of the Bandra-Worli Sea Link of 5.6 km. Reliance Infrastructure is fully geared to deliver the project in 60 months from the appointed date of June 24, 2019 as per the contract, Reliance Infrastructure said in a BSE filing.
In a conference call with media, he said the Rs 35,000 crore debt repayment includes debt servicing by Reliance Capital, Reliance Power and Reliance Infra and their respective affiliates.
Reliance Retail's upcoming entry into the online retail sector is the biggest challenge for Amazon and Walmart-Flipkart as the Mukesh Ambani-led behemoth is well positioned to create massive disruption in the market, a new report has stressed.
Reliance, with a deep footprint in over 10,000 Reliance Retail outlets pan-India, is working to create the world's largest online-to-offline e-commerce platform in the country.
Tata Consultancy Services (TCS) was the lone gainer among the 10 frontline companies, while the rest nine saw their market capitalisation (m-cap) plummet for the week ended Friday.
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.
IPL 2019 DC vs SRH Live stream can be seen on smartphones and web via Hotstar, Reliance Jio TV and Airtel TV.
Reliance Jio is set to acquire Haptik, one of the world's largest conversational Artificial Intelligence (AI) platform.
The new airport is being constructed near National Highway-8B connecting Ahmedabad and Rajkot, nearly 36 km from the existing Rajkot Airport. The company emerged winner among nine bidders that included Larsen & Toubro, Dilip Buildcon and Gayatri Projects.
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