Reliance Industries to take 80% stake in Strand Life Sciences for Rs 553cr

Pallavi Madhiraju- September 5, 2021

Reliance Industries said that its fully-owned subsidiary — Reliance Strategic Business Ventures Limited (RSBVL) has acquired over 22.8 shares of INR 10 each of Strand ... Read More

HCG buys oncology hospital labs and clinical trials business of Strand Lifesciences

Pallavi Madhiraju- September 5, 2021

HealthCare Global Enterprises Limited (HCG) said that it has acquired oncology hospital labs and clinical trials business of Strand Lifesciences for around INR 81 crores ... Read More

Reliance Retail acquires 41% stake in search engine platform Just Dial

Pallavi Madhiraju- September 3, 2021

Reliance Retail Ventures (RRVL) said that it has acquired a controlling stake of 40.98% in Indian local search engine platform Just Dial Limited. As per ... Read More

Reliance New Energy Solar to invest $50m in energy storage company Ambri

Pallavi Madhiraju- August 10, 2021

Reliance New Energy Solar (RNESL), a newly incorporated subsidiary of Reliance Industries, will invest $50 million in American energy storage company Ambri Inc for acquiring ... Read More

Reliance Industries invests in new subsidiary – Reliance New Solar Energy

Pallavi Madhiraju- August 3, 2021

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

Pallavi Madhiraju- July 24, 2021

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

Reliance Retail Ventures to acquire 67% stake in Just Dial for $470m

Pallavi Madhiraju- July 17, 2021

Reliance Retail Ventures (RRVL) has agreed to acquire a controlling stake of 66.95% in Just Dial, an Indian local search engine platform, for INR 3,497 ... Read More

Reliance Industries incorporates new subsidiary – Reliance New Energy Solar

Pallavi Madhiraju- July 13, 2021

Mukesh Ambani’s Reliance Industries Limited has incorporated a new fully-owned subsidiary called Reliance New Energy Solar Limited (RNESL) by investing INR 1 lakh in 10,000 ... Read More

Reliance Industries, ADNOC to develop chemical project in TA’ZIZ

Pallavi Madhiraju- June 30, 2021

Reliance Industries Limited has signed an agreement with Abu Dhabi National Oil Company (ADNOC) for developing a chlor-alkali, ethylene dichloride, and polyvinyl chloride (PVC) production ... Read More

Reliance restarts fluidized catalytic cracker unit at SEZ refinery in Jamnagar

Pallavi Madhiraju- June 27, 2021

Reliance Industries Limited said that the fluidized catalytic cracker unit (FCCU) at its SEZ refinery in Jamnagar, Gujarat has been restarted. The company undertook an ... Read More