Tag: Reliance Industries Limited
Reliance Retail buys stake in hyperlocal delivery company Dunzo for $200m
Reliance Retail Ventures, the retailing arm of Reliance Industries, has acquired a stake of 25.8% in Bengaluru-based hyperlocal delivery company Dunzo for $200 million. Dunzo ... Read More
Reliance Industries to acquire British battery technology company Faradion
Reliance Industries said that its fully-owned subsidiary Reliance New Energy Solar (RNESL) has signed a £100 million deal to acquire Faradion, a British sodium-ion battery ... Read More
Reliance Industries withdraws NCLT application for spin off of O2C unit
Reliance Industries Ltd (RIL) announced that it will withdraw its application to obtain the requisite approvals from the National Company Law Tribunal (NCLT) regarding the spinning off ... Read More
Reliance Retail Ventures acquires amanté lingerie brand in Sri Lanka
Reliance Industries Limited said that its subsidiary — Reliance Retail Ventures Limited (RRVL) has acquired the amanté lingerie brand from MAS Brands for an undisclosed ... Read More
Reliance Industries Limited to sell certain Eagleford shale play assets
Reliance Industries Limited said that its fully-owned step-down subsidiary — Reliance Eagleford Upstream Holding has signed agreements to sell its stake in certain upstream assets ... Read More
Reliance Industries 2Q FY22 profit surges 46% to Rs 154.8bn
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 Industries creates UAE subsidiary for oil and petroleum trading
Reliance Industries Limited said that it has established a new fully-owned subsidiary called Reliance International Limited (RINL) in Abu Dhabi, UAE. According to the Indian ... Read More
Reliance Industries expects to launch JioPhone Next by Diwali 2021
Reliance Industries Limited said that JioPhone Next, the made-for-India smartphone is in advanced trials and is on track to launch before the upcoming Diwali festival. ... Read More
Reliance Industries invests in new subsidiary – Reliance New Solar Energy
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
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