Reliance Industries
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
Reliance looks to acquire iconic British toy brand Hamleys for up to Rs350 cr
18 Apr 2019
Founded by William Hamley as `Noah's Ark’ in 1760, Hamleys is the oldest and largest toy shop in the world and one of the world's best-known retailers of toys
Saudi Aramco eyes expansion into India with 25% in Reliance
17 Apr 2019
Reports citing sources said the Saudi oil giant, which claims spare capacity of 2 million barrels per day, is planning to invest heavily in Indian fuel retail and petrochem market
Reliance Jio acquires AI-based start-up Haptik in Rs700-cr deal
04 Apr 2019
The entire transaction, which will enable Reliance Jio Digital to grow and expand in the AI-based communication space, is estimated to cost about Rs700 crore
