Citi boosts Reliance Industries to ‘buy’ on improved market outlook
Citigroup has upgraded Reliance Industries Limited to a ‘buy’ rating, highlighting an improved risk-reward balance for the conglomerate that commands a pivotal position in India’s ... Read More
Reliance Industries and Walt Disney finalize $8.5bn merger to reshape India’s media landscape
In a monumental development, Reliance Industries Limited and The Walt Disney Company have finalized an $8.5 billion merger of their Indian media assets, setting a ... Read More
Reliance Industries sees mixed fortunes in Q2 FY25! Profit down, Jio’s subscriber surge continues!
Reliance Industries Limited (RIL) announced its consolidated and standalone unaudited financial results for the quarter ending September 30, 2024, showing mixed performance across its diverse ... Read More
Reliance Industrial Infrastructure reports 12% decline in Q2 FY 24-25 income
Reliance Industrial Infrastructure Limited (RIIL) has announced its financial results for the quarter ending September 30, 2024 (Q2 FY 24-25), reporting a dip in income ... Read More
$8.5bn Disney-Reliance merger approved! What it means for India’s media landscape
The Indian tribunal has approved an $8.5 billion merger between Reliance Industries Limited and Walt Disney Co.'s Indian media assets, setting the stage for a ... Read More
Reliance Industries reports record annual revenue of $120bn
Reliance Industries Limited (RIL), a leader in multiple sectors including telecommunications, retail, and energy, announced a significant year of growth and strategic acquisitions. For the ... Read More
KKR to invest Rs 2,069.5cr in Reliance Retail Ventures Limited
Global investment firm KKR will invest ₹2,069.50 crore in Reliance Retail Ventures Limited (RRVL), a subsidiary of Reliance Industries Limited. The investment elevates RRVL's pre-money ... Read More
Reliance Industries pledges Rs 75,000cr for new energy manufacturing ecosystem
Reliance Industries Limited has announced an investment of INR 75,000 crores ($9 billion) to develop its new energy manufacturing ecosystem. Revealed by Chairman Mukesh Ambani ... Read More
Qatar Investment Authority to inject Rs 8,278cr into Reliance Retail Ventures
Reliance Retail Ventures Limited (RRVL), a subsidiary of Reliance Industries Limited, revealed that the Qatar Investment Authority (QIA) will invest ₹8,278 crore into the company. ... Read More
Reliance Industries to invest in data center development with Brookfield and Digital Realty
Reliance Industries Limited (RIL) has announced plans to invest alongside Brookfield Infrastructure and Digital Realty in the development of data centers in India. The Indian ... Read More