Reliance Industries reports mixed 1Q FY24 results: revenues down, EBITDA up

Pallavi Madhiraju- July 22, 2023 0

Reliance Industries Limited (RIL) reported its financial results for the quarter ended June 30, 2023, revealing a mixed performance. Gross revenue dropped by 4.7% year-on-year ... Read More

India’s gas game changer: How Reliance Industries, BP are set to revolutionize the industry

Pallavi Madhiraju- July 3, 2023 0

Reliance Industries Limited (RIL) and bp have announced the initiation of production from the MJ field, marking the completion of their final deepwater development in ... Read More

Reliance Industries 4Q FY23 profit increases by 18% to Rs 213bn

Pallavi Madhiraju- April 22, 2023 0

Reliance Industries Limited (RIL) has reported an 18.3% increase in its net profit for the quarter ended 31 March 2023 (4Q FY23) to INR 21,327 ... Read More

Reliance Industries 3Q FY23 profit remains flat at Rs 178bn

Pallavi Madhiraju- January 24, 2023 0

Reliance Industries Limited (RIL) has reported a 0.6% increase in its net profit for the quarter ended 31 December 2022 (3Q FY23) to INR 17,806 ... Read More

Sanmina, Reliance wrap up electronics manufacturing JV deal

Pallavi Madhiraju- October 8, 2022 0

Sanmina Corporation, an American electronics manufacturing solutions company, has wrapped up the previously announced joint venture (JV) transaction with Reliance Strategic Business Ventures Limited (RSBVL), ... Read More

Powergrid to go ahead with Rs 328cr transmission project in Gujarat

Pallavi Madhiraju- October 1, 2022 0

Power Grid Corporation of India Limited (Powergrid) said that its board of directors has sanctioned an INR 327.71 crores for a transmission project in Gujarat, ... Read More

Reliance Industries to buy 20% stake in solar technology developer Caelux

Pallavi Madhiraju- September 26, 2022 0

Reliance Industries said that its fully-owned subsidiary Reliance New Energy Limited (RNEL) has agreed to acquire a stake of 20% in Caelux Corporation, a California-based ... Read More

Reliance Industries to acquire 79% stake in SenseHawk for $32m

Pallavi Madhiraju- September 6, 2022 0

Reliance Industries Limited (RIL) has agreed to acquire a stake of 79.4% in SenseHawk, a California-based start-up that develops software-based management tools for the solar ... Read More

Reliance Industries 1Q FY23 profit surges by 41% to Rs 194bn

Pallavi Madhiraju- July 23, 2022 0

Reliance Industries Limited (RIL) has reported a 40.8% increase in its net profit for the quarter ended 30 June 2022 (1Q FY23) to INR 19,443 ... Read More

Reliance Industries 4Q FY22 profit increases 20% to Rs 180bn

Pallavi Madhiraju- May 6, 2022 0

Reliance Industries Limited (RIL) has reported a 20.2% increase in its net profit for the quarter ended 31 March 2022 (4Q FY22) to INR 18,021 ... Read More