Reliance
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Future Retail files appeal in Delhi High Court against status quo order on Future-Reliance deal
Business | Feb 03, 2021, 12:37 PM ISTOn Tuesday, a Delhi High Court bench of Justice J R Midha had directed FRL to maintain status quo in relation to its Rs 24,713-crore deal with Reliance Retail that has been objected to by US-based e-commerce giant, Amazon.
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Future-Reliance deal: Biyani says Amazon creating confusion, 'playing dog in the manger'
Business | Jan 30, 2021, 04:45 PM ISTFuture Group promoter Kishore Biyani has alleged that Amazon is "playing the dog in the manger" and trying to create a confusion about the group's Rs 24,713-crore deal with Reliance Industries.
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Reliance signs $15 million deal with Israeli firm for COVID-19 rapid test kits
Business | Jan 27, 2021, 05:11 PM ISTReliance Group has signed a USD 15 million deal with Israeli company Breath of Health (BOH) to distribute the firm's swift COVID-19 breath testing system that provides results within seconds.
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Reliance Ebitda back to pre-pandemic levels driven by consumer businesses: Moody's
Business | Jan 25, 2021, 04:10 PM ISTBillionaire Mukesh Ambani's Reliance Industries Ltd (RIL) has seen pre-tax profit recover to pre-pandemic levels on the back of continued growth in consumer businesses, Moody's Investors Service said on Monday.
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Reliance spins off oil-to-chemical unit
Business | Jan 24, 2021, 02:30 PM ISTReliance for the first time reported integrated earnings of the O2C business in its third quarter financial results
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Reliance Industries Q3 net up 12 per cent to Rs 13,101 crore on strong momentum at retail, Jio
Business | Jan 22, 2021, 09:43 PM ISTBillionaire Mukesh Ambani's Reliance Industries Ltd on Friday reported a better-than-expected 12 per cent rise in December quarter net profit on improving oil-to-chemical business, strong continued momentum in retail and steady telecom unit Jio.
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Reliance Jio Q3 net profit rises 15.5 per cent to Rs 3,489 crore
Business | Jan 22, 2021, 08:58 PM ISTJio Platforms, which provides digital and telecom services, had posted a net profit of Rs 3,020 crore in the previous quarter.
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SEBI approves Reliance-Future deal, BSE grants 'no-adverse-observation' status
Business | Jan 21, 2021, 08:03 AM ISTAmazon had written several letters to the SEBI and other regulatory agencies to suspend their review of the deal and not grant it a no objection certification on ground that its challenge to the agreement was before the Delhi High Court.
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11 Indian companies in Hurun Global 500 list, Mukesh Ambani's Reliance leads among local enterprises
Business | Jan 12, 2021, 05:34 PM ISTMukesh Ambani-led Reliance Industries leads among the local enterprises with a 20.5 per cent jump in valuation to USD 168.8 billion as of December 1 and is ranked 54th globally, as per the list.
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Reliance to buy out IMG Worldwide from sports management JV
Business | Dec 25, 2020, 02:47 PM ISTRIL had formed an equal joint venture with IMG Worldwide, an international sports marketing and management company, in 2010 to develop, market and manage sports and entertainment in India.
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Future Retail says reviewing HC order, Amazon welcomes verdict
Business | Dec 21, 2020, 08:55 PM ISTKishore Biyani-led Future Retail Ltd (FRL) on Monday said it is “reviewing” the Delhi High Court order that has rejected its plea to restrain Amazon from writing to regulatory authorities about the SIAC arbitral order against its asset sale under a Rs 24,713 crore deal with Reliance.
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Reliance shares gain nearly 2% as Mukesh Ambani hints rolling out 5G services
Business | Dec 08, 2020, 05:58 PM ISTShares of Reliance Industries Limited on Tuesday rose nearly 2 per cent after Mukesh Ambani hinted at rolling out 5G telecom services in the second half of 2021.
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NCLT gives nod to Reliance Infratel resolution plan; lenders may get around Rs 4,400 crore
Business | Dec 03, 2020, 04:41 PM ISTThe National Company Law Tribunal on Thursday approved a resolution plan of Reliance Infratel following which lenders may get around Rs 4,400 crore and Reliance Jio may pick up the assets of the debt-ridden telecom infrastructure company, according to sources.
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Reliance to invest USD 50 million in Bill Gates' Breakthrough Energy Ventures
Business | Nov 13, 2020, 04:20 PM ISTReliance Industries has invested USD 50 million in Breakthrough Energy Ventures, a climate change company owned by Microsoft co-founder Bill Gates.
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CCI clears Google buying 7.7 per cent stake in Jio
Business | Nov 11, 2020, 07:07 PM ISTThe Competition Commission of India (CCI) on Wednesday said it has approved internet major Google's proposed purchase of 7.73 per cent stake in Jio Platforms.
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Reliance Digital announces Diwali offers on a wide range of products: All you need to know
Technology | Nov 10, 2020, 02:56 PM ISTReliance Digital has stepped forward this Diwali in order to offer deals on a wide range of electronics. Here's all you need to know.
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Saudi Arabia's PIF invests Rs 9,555 crore in Reliance Retail
Business | Nov 05, 2020, 05:51 PM ISTBillionaire Mukesh Ambani-run Reliance Industries Ltd's retail arm on Thursday raised Rs 9,555 crore from Public Investment Fund (PIF) of Saudi Arabia, taking total fundraise in the last two months to Rs 47,265 crore.
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Reliance Industries Q2 net falls 15 per cent on weak oil business
Business | Oct 30, 2020, 10:13 PM ISTBillionaire Mukesh Ambani's Reliance Industries Ltd on Friday reported a 15 per cent drop in second quarter net profit after the pandemic-hit oil demand dragged down continued good showing in consumer-facing businesses such as telecom.
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Future Retail hints at challenging arbitration award against its deal with Reliance
Business | Oct 26, 2020, 04:22 PM ISTKishore Biyani-led Future Retail on Monday hinted at challenging an arbitration order that put a temporary hold on its Rs 24,713 crore deal to sell assets to Reliance Industries.
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Amazon gets interim relief; Future-Reliance deal put on hold
Business | Oct 25, 2020, 10:08 PM ISTAmazon on Sunday won an interim award against its partner Future group selling retail business to Reliance Industries Ltd for Rs 24,713 crore after a Singapore-based single judge arbitration panel put the deal on hold.