Reliance Industries Archives

Reliance Signs Landmark Deal with Russia’s Rosneft to Buy Oil in Roubles

In a significant move, India’s Reliance Industries, which operates the world’s largest refining complex, has inked a one-year deal with Russia’s Rosneft to purchase at least 3 million barrels of oil monthly,

May 28, 2024

Business·Latest News

Reliance Seeks CCI Approval for $8.5 Billion Viacom18-Star India Merger

Reliance Industries, led by billionaire Mukesh Ambani, has approached the Competition Commission of India (CCI) for approval of an $8.5 billion merger between Viacom18 and Star India Pvt Ltd (SIPL). This strategic

May 25, 2024

Business·Latest News

Reliance Industries Ventures into Consumer Durables with Wyzr Brand: A Strategic Move

Reliance Industries is making a significant leap into the consumer durables market with its new Wyzr brand, as reported by The Hindu Business Line on Wednesday. This strategic initiative will unfold over

May 23, 2024

Business·Latest News

India Urges Unified Front in Russian Oil Negotiations: A Strategic Move Amid Volatile Markets

In an unprecedented move, the Indian government has called upon its state-run oil refiners and the private sector giant Reliance Industries Ltd. to collaboratively negotiate a long-term oil supply agreement with Russia.

May 21, 2024

Business·Latest News

Market Capitalization of Top 10 Firms Sees Decline: Airtel Takes Biggest Hit

In a holiday-shortened last week, the combined market valuation of six of the top-10 most valued firms witnessed a decline by Rs 68,417.14 crore. Among these, Bharti Airtel and Reliance Industries took

May 5, 2024

Business·Latest News

Market Cap of Top Firms Surges by Rs 1.30 Trillion; SBI and ICICI Bank Lead Gains

Last week witnessed a significant surge in the combined market valuation of the top six firms in India, with State Bank of India (SBI) and ICICI Bank leading the pack. The total

April 28, 2024

Business

Reliance Industries Q4 Financial Results: Profit Dips 2% to Rs 18,951 Crore

Reliance Industries Limited (RIL), the oil-to-telecom conglomerate, has announced its consolidated financial results for the fourth quarter of the fiscal year 2023-24 (Q4FY24). Despite a slight decline in profit, the company’s revenue

April 23, 2024

Business·Latest News

Reliance Industries Acquires 26% Stake in Adani Power Project: Uniting Billionaire Rivals for Clean Energy Future

In a landmark move fostering collaboration between two of India’s most influential business magnates, Mukesh Ambani’s Reliance Industries Limited (RIL) has acquired a significant 26% stake in a Madhya Pradesh power project

March 29, 2024

Business

Reliance Industries Secures Paramount’s Stake in Viacom18 for $517 Million

In a strategic move within India’s media landscape, Reliance Industries, led by its ambitious expansion agenda, has finalized the acquisition of Paramount Global’s entire 13.01% stake in Viacom18 Media for a substantial

March 23, 2024

Business

Anant Ambani and Radhika Merchant: Childhood Friends Turn Life Partners with Lavish Pre-Wedding Celebrations

The enchanting tale of Anant Ambani and Radhika Merchant is set to culminate in a grand celebration as the childhood friends embark on their journey to becoming life partners. Scheduled to unfold

March 1, 2024

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