Page 5 - Reliance Industries Ltd News

IPO-bound Reliance Retail grants ESOPs worth Rs 351 crore to top employees

The Mukesh Ambani-owned company is cemented as the largest retailer in India and has 304 million registered customers

Network18, TV18 surge up to 13% on CCI nod for RIL-Disney India merger

This merger of Viacom18 and Walt Disney Co's Indian media arm makes the combined entity India's largest entertainment conglomerate with a portfolio of 120 channels

Share Market Today: Reliance 2024 AGM eyed; Asia dips after Nvidia results

Share market today, August 29, 2024: Indian equities are expected to open lower; US GDP, Reliance Industries (RIL) 2024 AGM, Premiere Energies IPO on radar

RIL-Disney India merger worth $8.5 billion receives approval from CCI

Combined entity now India's largest entertainment conglomerate, with a portfolio of 120 channels and two streaming services

How to trade Reliance stock ahead of its AGM on Aug 29? Key levels here

Technical Outlook on RIL ahead of Thursday's AGM: Reliance stock can potentially surge to Rs 3,405 on the upside, suggests chart. Key support for the stock stands at Rs 2,975.

Jio IPO, new-energy biz update: Here's what to expect from RIL's 47th AGM

RIL AGM 2024: Given RIL's historical performance and the significant developments in its various business segments, investors have high expectations from the 47th AGM

RIL AGM likely to focus on new energy business, Jio and Retail IPOs

1st AGM since Ambani family's next gen joined board

Reliance Retail, British shoemaker Clarks terminate 2-yr old joint venture

The country's leading retailer Reliance Retail and British Shoe maker Clarks have terminated their two-year old joint venture, an industry source said. Differences between both partners have emerged regarding certain terms of engagements, following which they have decided to part ways, said the source. While an e-mail sent to Reliance Retail seeking comments remained unanswered by the time of filing of the story, Clarks Global declined to comment on the development. "We won't be commenting on this, said the Clarks spokesperson while responding to PTI's e-mail. The JV, Clarks Reliance Footwear Pvt Ltd operated over 30 exclusive Clarks-branded brick-and-mortar stores in New Delhi, Mumbai, Bengaluru, Lucknow, Hyderabad, and Chennai, according to the company's India website. As the partners have drifted away, these stores are getting closed, the industry source added. Earlier, Clarks had a partnership with Kishore Biyani-led Future Group. It had entered India with a 50:50 joint ventu

Disney-Reliance offer concessions for merger, but no cricket rights sale

Reliance-Disney are aiming to create India's biggest entertainment player which will compete with Sony, Netflix and Amazon

To seal India merger, Disney-Reliance may need to dilute cricket dominance

The companies can simply sell rights of certain cricket tournaments or for a particular medium, such as TV or streaming, to meet antitrust concerns, they said

Reliance to invest over Rs 1,000 cr in Sohagpur CBM to boost gas output

Reliance Gas Pipeline Ltd operates a 302-kilometer pipeline connecting the coal bed methane (CBM) gas fields in Shahdol, Madhya Pradesh, to Phulpur, Uttar Pradesh

Ambani takes Shein's help to battle Tata in race to sell affordable fashion

Reliance Industries Ltd. has poured more than $2 billion into its retailing unit over the past year

Brand matters: Anil Ambani's firm moves NCLT against IIHL using 'Reliance'

According to the family agreement, the brand is owned equally by brothers Mukesh and Anil

RIL eyes JioCinema as sole OTT platform post Star-Viacom18 merger deal

In February this year, RIL and Disney agreed to merge Star and Viacom18, forming an $8.5 billion media giant with over 100 channels and two streaming platforms

Global rally, DII buying: Reasons why BSE Sensex jumped 1,300 pts on Aug 16

Hopes of US rate cut triggers global stock market rally: The BSE Sensex rallies past the 80,000 mark, and the NSE Nifty surges atop 24,400 led by strong gains in IT and private bank shares on Friday.

Reliance to commission 1st solar giga-factory to achieve net zero emission

Reliance Industries Ltd, India's most valuable company, plans to commission its first solar giga-factory in the current fiscal as it pivots a green pathway to achieve net zero carbon emissions from operations by 2035. In its largest annual report, the firm said it is targeting to commission the first train of 20GW solar PV (photovoltaic) manufacturing by the end of 2024-25 fiscal (April 2024 to March 2025) and scale up to 20GW in a phased manner over 2026. The solar giga factory will include manufacturing of PV modules, cells, wafers and ingots, polysilicon, and glass at a single location. The modules convert sunlight into electricity. It is also targeting industrialising sodium-ion cell production at the MW level in 2025 and first 50 MWh a year lithium battery cells pilot in 2026. Reliance had in 2021 announced plans to invest USD 10 billion over three years to develop a new fuels business based on 100 GW of renewable power capacity by 2030. The plan involves setting up four giga

RIL to use naphtha supplies as partial payment for Venezuela crude: Reports

Reliance, which operates the world's biggest refining complex, plans to supply naphtha, a refined product, from the US to partly pay for its Venezuelan oil purchases

Ambani family's wealth 10% of India GDP: Barclays-Hurun India report

Adani family, the most valued first-generation family business valued at Rs 15.45 trillion

Over half of Reliance employees under 30, women make up 21% of workforce

Reliance's total employee count stands at 347,362, of which 74,317 are women. Among the new joinees during FY24, a total of 41,092 were women

Balance sheet consolidated, RIL ready for next level of growth: Ambani

Commenting on the global economy, Ambani said, 'In this world of volatility and uncertainty, India is shining as a beacon of stability and prosperity'