Reliance
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Airtel Chairman Sunil Mittal: AGR issue an unprecedented crisis for telecom sector
Business | February 20, 2020 19:30 ISTBharti Airtel Chairman Sunil Mittal on Thursday met Telecom Minister as AGR issue looms large on his company. After his meeting, Mittal described AGR crisis as "unprecedented" for Indian Telecom industry. Airtel has until March 17 to pay Rs 35,600 crore to the government as part of (Adjusted Gross Revenue) payment.
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RELIANCE drops, shares of three group entities surge on consolidation move
India | February 18, 2020 13:58 ISTReliance Industries Ltd (RIL) shares traded marginally lower by 0.91 per cent on Tuesday after the company announced a consolidation of all its media and distribution businesses under the flagship 'Network18'.
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Reliance Infra shares rise 10% on strong results
Business | February 17, 2020 16:48 ISTShares of Reliance Infrastructure on Monday zoomed 10 % after the firm reported 18 per cent rise in consolidated net profit to Rs 345.51 crore for the third quarter ended December.
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Reliance-backed '1917' rakes in over 2100 crore at global box-office
February 17, 2020 16:36 ISTStarting out at the number one slot at the US box office in its wide opening weekend, Reliance-backed film '1917' has garnered commercial as well as critical acclaim.
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Equity parameters gain on Asian cues, Reliance up by 2.3 pc
News | February 04, 2020 13:21 ISTEquity benchmark indices gained considerably during early hours on Tuesday as Asian stocks reversed some of their previous plunges amid efforts by Chinese officials to calm virus fears.
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India's first deepwater gas field in Reliance's KG-D6 block shuts down
Business | February 03, 2020 22:33 ISTD1/D3 field, in Block KG D6 (KG-DWN-98/3) located in the Bay of Bengal, was India's first deepwater gas field to be put on production in April 2009
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Reliance is India's answer to Exxon, AT&T, Amazon - all rolled into one
Business | January 21, 2020 15:53 ISTBillionaire Mukesh Ambani's Reliance Industries is India's answer to US giants Exxon, AT&T and Amazon - all rolled into one, Bernstein Research said on Tuesday.
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Top 10 most valued firms: Reliance, HUL steal the show as banks suffer loses
Business | January 19, 2020 11:59 ISTReliance India Limited and Hindustan Unilever steal the show as the most valued firms in India. 6 of the top 10 companies namely Reliance Industries, TCS, HUL, Infosys, Kotak Mahindra Bank and ITC have witnessed a collective gain of Rs 62,772.95 crore in market valuation in the last one week. Meanwhile, banks like HDFC Bank, HDFC, ICICI Bank and SBI suffered losses.
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RIL-Saudi Aramco deal unlikely to close by March-end, says CFO
Business | January 17, 2020 23:46 ISTMukesh Ambani-led Reliance Industries is unlikely to close the deal for 20 per cent stake in its oil to chemicals business to Saudi Aramco by March 31 this year, according to a senior company official. In August last year, the company announced its plans to sell its 20 per cent stake in its flagship chemicals and refining business to Saudi Aramco in a deal valued at USD 15 billion.
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Mukesh Ambani's RIL posts highest ever quarterly net profit. Full highlights
Business | January 17, 2020 23:49 ISTReliance Jio has reported a staggering profit of Rs 16,517 (USD 2.6 billion). Reliance Industries Limited has released its financial report of Quarter 3 ending at 31 December, 2019.
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RIL consolidated profit rises 13.5 % to record Rs 11,640 crore in Q3
Business | January 17, 2020 19:08 ISTReliance Industries on Friday reported a 13.5 per cent rise in consolidated net profit to a record Rs 11,640 crore in the third quarter ended December 31, 2019, on the back of continued rise in consumer businesses of retail and telecom.
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Vodafone Idea tanks 34% but Airtel, Reliance gain
Business | January 17, 2020 11:39 ISTBharti Infratel was the top loser on the NSE. Its stock price fell nearly 10 per cent on the AGR verdict. JM Financials in a report said that it expects a governmental intervention soon to ensure that Vodafone Idea Limited (VIL) would not have to approach the NCLT next week due to payment deadline.
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Forensic audit finds no fraud, fund diversion at Reliance Home Finance
Business | January 12, 2020 23:58 ISTReliance Home Finance on Sunday said an independent forensic audit, mandated by lenders, has found no fraud, embezzlement or diversion and siphoning of funds in the company that is seeking debt resolution.
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Forensic audit finds no fraud, fund diversion at Anil Ambani-led Reliance Home Finance
Business | January 12, 2020 20:06 ISTIn a statement, the company said the audit made "no adverse findings" on the quantum and end-use of lending.
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Reliance Jio launches Rs. 251 prepaid plans: Here's what it has on offer
Technology | January 06, 2020 17:46 ISTReliance Jio has added another affordable prepaid plan to its portfolio. Here's how it competes against Airtel, Vodafone and BSNL.
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Reliance Communications creditors may seek more time to complete asset sale process
Business | January 01, 2020 22:17 ISTReliance Communications' committee of creditors is likely to seek extension of debt sale process beyond January 10 till February-end from the National Company Law Tribunal, according to sources.
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Reliance launches its online grocery platform JioMart: Here's everything you need to know
Technology | January 01, 2020 19:46 ISTReliance launches JioMart online grocery platform in India to compete against Amazon, Grofers and Flipkart. Here's what you need to know
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IRDAI restores Reliance Capital's 100 percent shareholding in Reliance General Insurance
Business | December 29, 2019 17:22 ISTReliance Capital on Sunday said the Insurance Regulatory and Development Authority of India has cancelled pledge enforcement of Reliance General Insurance Company Ltd's (RGICL) shares by Credit Suisse and Nippon India MF.
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Reliance Infra receives Rs 94 cr from Goa, to urge state to pay rest 75 per cent
Business | December 27, 2019 16:49 ISTReliance Infrastructure on Friday said it has received Rs 94 crore from the Goa government against the arbitration award of Rs 350 crore. The company will request the Government of Goa to pay the balance of 75 per cent of the arbitral award against bank guarantee immediately as per a recent Niti Aayog circular, RInfra said in a statement.
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Mukesh Ambani's Reliance Retail valued at USD 34 billion in new share-swap scheme
Business | December 26, 2019 18:23 ISTRichest Indian Mukesh Ambani's Reliance Retail, which runs the country's largest chain of neighbourhood supermarket stores and consumer electronics outlets, has been valued at USD 34 billion (Rs 2.4 lakh crore) in a proposed share-swap scheme for shareholders.
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Gurugram's luxury dynamics: Why the city continues to dominate NCR's luxury housing market?
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IndiGo pilot recites poem for farmers on first commercial flight from Noida International Airport
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US woman shocked after Rs 95,000 medicine cost just Rs 2,400 from India
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Gurugram couple claims DNA test showed IVF twins are not biologically theirs