Company management and shareholders may consider a reorganisation of the company to achieve three mutually linked objectives of structure, succession and segregation.
This marks the second significant investment by Mubadala in a RIL subsidiary after the USD 1.2 billion investment in Jio Platforms announced earlier this year.
Billionaire Mukesh Ambani-led Reliance Industries Limited (RIL) has entered top 40 of the world's most valuable firms league as it became the first Indian company to cross USD 210 billion in market capitalisation intra-day.
Equity benchmark indices edged higher during early hours on Friday due to gains in index heavyweight Reliance Industries and metal stocks.
Six of the 10 most valued Indian companies suffered a combined erosion of Rs 64,419.10 crore in market valuation last week, with RIL taking the biggest knock.
Panaji: Union Minister for Information and Broadcasting Prakash Javadekar today said the cross ownership in media was “a matter of debate” and the government was seeking views of all stakeholders on it. He, however, refused
New Delhi: Mukesh Ambani-led Reliance Industries Ltd (RIL) Wednesday said it has raised $550 million as loan from Japanese banks for part-funding expansion of its petrochemical plant and new gasification unit."In continuation of the fund
New Delhi: Reliance Industries Ltd today rubbished allegations levelled by Delhi chief minister Arvind Kejriwal on the issue of gas pricing and said, it will resort to available legal remedies to protect its reputation. In
Mumbai, May 25: Reliance Industries Ltd. (RIL) Friday announced a large natural gas discovery in the consortium's KG-D6 block offshore in Andhra Pradesh."Formation evaluation indicates a gross gas and condensate column in the well of
New Delhi, Apr 18: Mukesh Ambani-led Reliance Industries Ltd (RIL) today approached Supreme Court seeking appointment of an arbitrator on behalf of government to decide its dispute with it over recovery of cost for developing
New Delhi, Jan 23 : Reliance Industries Ltd (RIL) today assured the Supreme Court that it would start paying Value Added Tax (VAT) to Uttar Pradesh government on sale of gas in the state from
New Delhi, Oct 15: Reliance Industries Ltd (RIL) today reported 16 per cent rise in net profit to Rs 5,703 crore for the quarter ended September 30.RIL, which had in July-September quarter of previous fiscal
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