Reliance Industries to buy 73% stake in Mandarin Oriental New York hotel
The Mukesh Ambani led Reliance Industries Limited is set to acquire a 73.37% stake in Mandarin Oriental New York, a luxury hotel in New York ... Read More
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 to launch gasification assets’ restructuring and repurposing
Reliance Industries Limited said that its board has today decided to execute a scheme of arrangement for transferring Gasification Undertaking into a fully-owned subsidiary. The ... 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 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 New Energy Solar to acquire 40% stake in Sterling and Wilson Solar
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 Retail Ventures to open 7-Eleven convenience stores in India
Reliance Retail Ventures Limited (RRVL), via its fully-owned subsidiary — 7-India Convenience Retail, has signed a master franchise agreement with American convenience stores company 7-Eleven ... 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