Reliance Industries
Reliance, BP expand partnership with JV fuel service stations
06 Aug 2019
Building on Reliance's existing Indian fuel retailing network and an aviation fuel business, the partners expect the venture to expand rapidly to create at least 5,500 fuel retail outlets across India over the next five years
RIL reports Rs9,036-cr Q1 net profit on revenues of Rs172,956 cr
22 Jul 2019
RIL’s refining revenues, however, declined by 3.0 per cent to Rs96,384 crore ($14.0 billion) with exports falling by 4.5 per cent to Rs50,158 crore ($7.3 billion)
RIL, Turkey’s Kivanc team up for eco-friendly textile production
09 Jul 2019
The fabric, `R|Elan GreenGold’, is made from recycled PET, which substantially reduces emission of greenhouse gases and, according to RIL, its manufacture also doesn’t need much water since it is being made from pre-dyed fibres
Anil Ambani claims his group paid Rs35,000 cr to lenders in 14 months
11 Jun 2019
Ambani said the repayments were made in the face of heavy odds as regulatory bodies and courts are yet to pass final orders on claims aggregating to over Rs30,000 crore that are due for more than 5-10 years to various group companies
Reliance Jio cuts nearly 5,000 jobs, including 500-600 regular ones
31 May 2019
An estimated 75,000 jobs have been lost in the telecom sector in 2017 alone, due to financial stress faced by companies and ,more people are expected to lose jobs in the coming years as consolidation progresses
Reliance Industries reports record Q4 net profit of Rs10,362 cr
19 Apr 2019
Reliance Jio ended FY19 with a 309 per cent increase in net profit to Rs2,964 crore and a subscriber base of over 300 million, while RIL’s retail segment revenue crossed Rs100,000 crore