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  Jack Ma replaces Mukesh Ambani as Asia's richest man in $5.8 billion rout

  Business | March 10, 2020 15:12 IST

  Mukesh Ambani, Reliance Industries MD and Indian energy tycoon, is no longer Asia’s richest man after he lost $5.6 billion on the back of a severe decline in RIL's share price. Mukesh Ambani lost his Aisa's riches man crown to Jack Ma, the co-founder of Alibaba Group.

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  RIL, HDFC Bank among top seven companies to suffer combine loss of Rs 1.89 lakh cr in m-cap

  Business | February 02, 2020 11:23 IST

  Seven of the 10 most valued companies suffered a combined loss of Rs 1.89 lakh crore in market valuation last week, led by Reliance Industries which alone took a hit of Rs 87,732.8 crore.

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  RIIL's Q3 consolidated net profit up 12.6%

  Business | January 15, 2020 23:45 IST

  Reliance Industrial Infrastructure Ltd (RIIL) on Wednesday reported a rise of 12.6 per cent in its consolidated net profit for the third quarter (Q3) of financial year 2019-20. The company's net profit during the quarter under review increased to Rs 2.46 crore from Rs 2.18 crore in the corresponding period of the previous fiscal.

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  Reliance sends JioMart invites as Mukesh Ambani's RIL takes first step to challenge Amazon, Flipkart

  Business | December 31, 2019 13:05 IST

  Mukesh Ambani's Reliance Retail Ltd (the retail arm of Reliance Industries Ltd) has begun sending invites for launch of JioMart, its new commerce venture. With JioMart, billionaire Mukesh Ambani aims to take on e-commerce giants Amazon and Flipkart.

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  Mukesh Ambani ranked 9th on Forbes' Real-Time Billionaires List

  Business | November 29, 2019 6:48 IST

  On Thursday, RIL shares hit the 52-week high of Rs 1,581.25 on the BSE, rising 0.64 per cent. While RIL gained nearly 40 per cent during the last year, the Nifty50 index advanced over 13 per cent.

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  Mukesh Ambani's RIL nears ₹ 10 trillion market cap, first Indian company to do so

  Business | November 20, 2019 11:41 IST

  Last month, Mukesh Ambani's Reliance Industries Limited had added another feather to its cap by becoming the first Indian firm to hit the Rs 9 lakh crore market valuation mark in intra-day trade.

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  Sensex rises 186 pts; RIL rallies 4 per cent to all-time high

  Business | November 19, 2019 16:11 IST

  The 30-share index ended 185.51 points, or 0.46 per cent, higher at 40,469.70. It hit an intra-day high of 40,544.13 and a low of 40,290.21. As many as 11 of 30 Sensex stocks ended in green.  

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  Reliance replaces TCS as top firm in m-cap valuation

  India | September 20, 2019 18:50 IST

  Reliance Industries Limited (RIL) with a market valuation of Rs 7,95,179.62 crore at close of trade on Friday stood at the top of the domestic m-cap ranking.

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  World's 500 richest lose $117 billion in a day. Read on to know why

  Business | August 08, 2019 8:10 IST

  In the biggest single-day drop posted by US stocks this year, the world's richest man, Amazon founder Jeff Bezos saw the steepest decline of $3.43 billion.

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  Six of top 10 companies record dip in combined market valuation; lose Rs 38,153 cr in m-cap

  Business | January 06, 2019 12:54 IST

  HDFC's valuation took a beating of Rs 1,501.96 crore to reach Rs 3,38,933.58 crore and that of ITC fell by Rs 1,469.63 crore to Rs 3,43,832.17 crore.

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  Reliance Industries chairman Mukesh Ambani now world's 11th richest person

  Business | August 09, 2018 14:34 IST

  Mukesh Ambani now the 11th richest man in world, the increase in Ambani's total wealth is primarily due to the superb performance of Reliance Industries' shares.

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  Reliance Industries Ltd topples TCS with highest market capitalisation

  Business | July 31, 2018 14:01 IST

  Shares of RIL surged 2.75 per cent to Rs 1,181.35 on Tuesday, while the shares of TCS fell by 0.79 per cent to Rs 1,929.55.

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  Jio Giga Fiber launched: All you need to know Reliance's new venture

  Business | July 05, 2018 15:10 IST

  Ambani said that the ultra-high speed fixed line broadband services will be launched for homes and enterprises.

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  Reliance AGM: Jio Giga Fibre, Jio Phone 2 unveiled with Facebook, Youtube, WhatsApp

  Business | July 05, 2018 12:30 IST

  Reports suggest Ambani might announce the commercial launch of wired broadband service JioFiber and its price plans.

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  Reliance to be amongst the top 20 companies in the world: Mukesh Ambani

  Business | December 24, 2017 6:56 IST

  Ambani said it is because of Dhirubhai Ambani that Reliance had grown from one employee to over 250,000 and from a Rs 1,000 company to over Rs 6 lakh crore.

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  Reliance Industries over Rs 1,900 crore in surcharge dues to MMRDA: CM Fadnavis

  Business | December 12, 2017 18:02 IST

  Reliance Industries Ltd (RIL) owes "additional surcharge" of more than Rs 1,900 crore to state- run agency MMRDA for delay in development of plots in Mumbai.

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  TCS beats RIL in the run of most profitable firm

  January 20, 2015 8:55 IST

  Chennai: Creating a history in Indian business, Information Technology company - Tata Consultancy Services (TCS) has emerged as the highest net profit-earner in the quarter ended December.It is for the first time that this position

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  Government defers gas price hike by 3 months

  Politics | June 26, 2014 12:27 IST

  New Delhi: The Indian government Wednesday deferred by three months a decision on raising the price of locally produced gas, saying a comprehensive discussion was required on the issue.The Cabinet Committee on Economic Affairs (CCEA),

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  RIL to repair wells to increase KG-D6 gas output

  November 17, 2013 16:23 IST

  New Delhi: Reliance Industries will repair a third of the wells shut at its main gas field in the eastern offshore KG-D6 block to boost output in the first quarter of 2014.RIL closed half of

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  Double penalty on RIL to impact investment climate: Plan Panel

  October 27, 2013 16:17 IST

  New Delhi: The Planning Commission has warned that imposing a second penalty on Reliance Industries for producing less-than-projected natural gas from its KG-D6 fields could impact investment climate in the same manner as retrospective tax