Reliance Industries 2Q FY22 profit surges 46% to Rs 154.8bn

Pallavi Madhiraju- October 22, 2021 0

Reliance Industries Limited (RIL) has reported a 46% increase in its profit after tax for the quarter ended 30 September 2021 (2Q FY22) to INR ... Read More

Reliance New Energy Solar to acquire 40% stake in Sterling and Wilson Solar

Pallavi Madhiraju- October 12, 2021 0

Reliance New Energy Solar has signed agreements with Shapoorji Pallonji and Company (SPCPL) and Khurshed Daruvala for acquiring a stake of 40% in Sterling and ... Read More

Reliance Industries acquires solar cells manufacturer REC Group for $771m

Pallavi Madhiraju- October 11, 2021 0

Reliance New Energy Solar Ltd. (RNESL), a fully-owned subsidiary of Reliance Industries, has acquired REC Solar Holdings AS (REC Group) from China National Bluestar Group ... Read More

Reliance Retail acquires 41% stake in search engine platform Just Dial

Pallavi Madhiraju- September 3, 2021 0

Reliance Retail Ventures (RRVL) said that it has acquired a controlling stake of 40.98% in Indian local search engine platform Just Dial Limited. As per ... Read More

Reliance New Energy Solar to invest $50m in energy storage company Ambri

Pallavi Madhiraju- August 10, 2021 0

Reliance New Energy Solar (RNESL), a newly incorporated subsidiary of Reliance Industries, will invest $50 million in American energy storage company Ambri Inc for acquiring ... Read More

Reliance Industries invests in new subsidiary – Reliance New Solar Energy

Pallavi Madhiraju- August 3, 2021 0

Reliance Industries Limited said that it has invested INR 1,00,000 in cash in 10,000 equity shares, priced at INR 10 each in Reliance New Solar ... Read More

Reliance Industries Limited 1Q FY22 net profit surges 66.7% to Rs 138bn

Pallavi Madhiraju- July 24, 2021 0

Reliance Industries Limited has reported a 66.7% increase in its profit after tax for the quarter ended 30 June 2021 (1Q FY22) to INR 13,806 ... Read More

Reliance Retail Ventures to acquire 67% stake in Just Dial for $470m

Pallavi Madhiraju- July 17, 2021 0

Reliance Retail Ventures (RRVL) has agreed to acquire a controlling stake of 66.95% in Just Dial, an Indian local search engine platform, for INR 3,497 ... Read More

Reliance Industries incorporates new subsidiary – Reliance New Energy Solar

Pallavi Madhiraju- July 13, 2021 0

Mukesh Ambani’s Reliance Industries Limited has incorporated a new fully-owned subsidiary called Reliance New Energy Solar Limited (RNESL) by investing INR 1 lakh in 10,000 ... Read More

Reliance Industries, ADNOC to develop chemical project in TA’ZIZ

Pallavi Madhiraju- June 30, 2021 0

Reliance Industries Limited has signed an agreement with Abu Dhabi National Oil Company (ADNOC) for developing a chlor-alkali, ethylene dichloride, and polyvinyl chloride (PVC) production ... Read More