Reliance Industries
Jio Financial’s Q3 net profit down 56% at Rs294 crore
18 Jan 2024
Mukesh Ambani group’s financial services company Jio Financial Services has reported a net profit of Rs294 crore for fiscal third quarter (October-December 2023), down 56 per cent from Rs668.18 crore
Mukesh Ambani re-enters the $100 billion club
12 Jan 2024
Mukesh Ambani, the prominent figure in India’s business landscape, has reclaimed his position in the exclusive $100 billion club. On Thursday, 11 January 2024, the chairman of Reliance Industries Ltd. witnessed his wealth surge by $2.8 billion, reaching an impressive $101.8 billion.
Reliance, Disney to consolidate media operations in India
26 Dec 2023
Reliance Industries is reported to have signed a non-binding agreement with Walt Disney Company for merger of their media operations in India.
Reliance Retail to buy out minority shareholders
11 Jul 2023
Reliance Retail will pay Rs1,362 per share to a host of global investors, including KKR, Mubadala, Abu Dhabi Investment Authority, General Atlantic, GIC and TPG, who together hold a 10.09 per cent stake in the company
RIL-bp starts production at third deepwater field in KG D6 block
10 Jul 2023
At its peak, the three fields in the KG D6 block will together produce around 30 million standard cubic metres of gas a day (1 billion cubic feet a day), amounting to a third of India’s current domestic gas production
Jio-bp introduces E20 blended petrol
15 Feb 2023
RIL appoints K V Kamath as an independent director
07 Nov 2022
Kamath will also serve as an independent director and non-executive chairman of Reliance Strategic Investments Limited (RSIL), a wholly-owned subsidiary of the company engaged in the financial services business
RIL Q2 net almost static at Rs15,512 cr
25 Oct 2022
Reliance Industries’ standalone net profit declined by 25.1 per cent to Rs6,915 crore for the quarter ended 30 September 2022 even as Jio Platforms, a subsidiary of RIL, reported a 26.9 per cent increase in consolidated net profit at Rs4,729 crore