Reliance Industries reports mixed 1Q FY24 results: revenues down, EBITDA up
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
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
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 Polyester closes acquisition of Shubhalakshmi’s polyester business
Reliance Industries said that its fully-owned subsidiary Reliance Polyester has wrapped up the previously announced INR 1,592 crores acquisition of the polyester businesses of Shubhalakshmi ... Read More
Reliance Jio Infocomm rolls out True 5G services in 27 more Indian towns
Reliance Industries said that Reliance Jio Infocomm, a subsidiary of Jio Platforms, has launched its True 5G services in 27 towns and cities across 13 ... Read More
Reliance Industries 3Q FY23 profit remains flat at Rs 178bn
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
Reliance Jio Infocomm launches Jio True 5G services across six cities in TN
Reliance Jio Infocomm, a subsidiary of Jio Platforms, has launched Jio True 5G services in six more cities in Tamil Nadu (TN), which include Coimbatore, ... Read More
Reliance Consumer Products to buy 50% stake in Sosyo Hajoori Beverages
Reliance Retail Ventures Limited (RRVL) said that its FMCG arm Reliance Consumer Products Limited (RCPL) will acquire a 50% stake in Sosyo Hajoori Beverages (SHBPL), ... Read More
Reliance Retail to buy cash & carry wholesaler Metro India for Rs 2,850cr
Reliance Retail Ventures, an arm of Reliance Industries, will acquire Metro Cash & Carry India (Metro India), a wholly-owned subsidiary of Germany-based Metro AG, for ... Read More
Reliance Industries partners with Ambri to achieve net-zero carbon target by 2035
Ambri, a US-based energy storage solutions manufacturer, has signed a memorandum of understanding (MoU) with multinational conglomerate Reliance Industries to help the latter achieve its ... Read More