Reliance
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Anil Ambani Group's Rel Home Fin seeks lenders nod to pay bondholders
Business | December 18, 2019 21:22 ISTThe company owes Rs 91.78 crore, includes both principal and the interest, to 19,964 retail bondholders but is unable to pay because of a restraint placed by the lenders as it is undergoing is a bank-led resolution process
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Equity flows slip 78 pc in November
Business | December 10, 2019 9:08 ISTNet inflows into equities stood at Rs 933 crore last month, a three-year low and a drop of nearly 85 per cent month-on-month, according to data released by the Association of Mutual Funds in India (AMFI).
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How to check Jio your number, data balance, special vouchers and more
Technology | December 03, 2019 11:11 ISTReliance Jio's MyJio app: A complete guide to check your data balance, special offers and more
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Reliance denies selling news media biz to Times Group, says reports false, baseless
Business | November 28, 2019 15:59 ISTBillionaire Mukesh Ambani's Reliance Industries on Thursday denied reports of selling its news media business to Times Group. Bloomberg early on Thursday reported that Ambani "is in talks to sell his news media assets to India's Times Group, as Asia's richest man plans to unload a business that's been losing money".
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RCom shares rally 6 per cent to hit upper circuit on asset sale buzz
Business | November 25, 2019 10:48 ISTBharti Airtel, RIL and three others are likely to bid for the assets of debt-ridden Reliance Communications on Monday, according to sources close to the development.
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Reliance becomes first Indian firm to hit ₹ 9.5 lakh crore market valuation
Business | November 19, 2019 16:28 ISTReliance Industries Limited on Tuesday achieved another milestone becoming the first Indian firm to hit a market valuation of Rs 9.5 lakh crore, helped by a rally in its stock price.
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Reliance cuts base price for new gas from KG-D6 after customer protests
Business | November 10, 2019 12:32 ISTReliance and its partner BP Plc of the UK is in the market seeking bids from potential users for the 5 million standard cubic metres per day of natural gas they plan to produce from the R-Cluster Field in KG-D6 block from mid-2020.
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Reliance again puts off gas bid to Nov 15 on bidders request
Business | November 06, 2019 15:50 ISTReliance Industries has for the second time in a month put off bidding to sell natural gas it plans to produce from newer fields in the flagging eastern offshore KG-D6 block, sources said. The sources said potential bidders sought more time to evaluate the terms of the offer and so the bidding deadline was pushed back to November 15.
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Jio opposes govt's planned move to bailout telephone cos
Business | November 03, 2019 19:16 ISTReliance Jio has written to Telecom Minister Ravi Shankar Prasad stating in unequivocal terms that the proposed telcos bailout would be contempt of the Supreme Court judgment and an illegal trigger to widespread precedent.
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Reliance General Insurance scraps IPO plan; withdraw offer documents
Business | October 30, 2019 14:54 ISTEarlier in October 2017, Reliance General Insurance approached Sebi with its IPO papers for which it received the the regulator's approval in November 2017.
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RIL may be aiming listing of Jio post debt free status
Business | October 27, 2019 18:25 ISTRIL's CMD Mukesh Ambani has said that consolidation of liabilities in the company creates an efficient structure to manage debt and cash.
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At ₹11,262 cr, Mukesh Ambani's RIL puts highest quarterly profit ever
Business | October 18, 2019 20:04 ISTReliance Industries on Friday reported an 18.6 per cent rise in consolidated net profit to a record Rs 11,262 crore for the second quarter of the current fiscal on the back of a turnaround in refining margins and continued rise in consumer businesses of retail and telecom.
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Jio unveils AI-powered video call assistant
Business | October 14, 2019 19:34 ISTThe customer engagement video assistant solution has been developed by Reliance Jio in conjunction with US-based Radisys, a Reliance Industries Ltd subsidiary, a statement said.
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Price of 5G spectrum needs to be critically looked at: Jio
Business | October 14, 2019 13:31 ISTTo establish India as leader in 5G, price of 5G spectrum needs to be critically looked at, he said adding that higher prices will impact 5G adversely.
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Reliance puts off gas bid to Nov 6 on bidders request
Business | October 10, 2019 14:09 ISTReliance and its partner BP Plc of the UK, last month had put out Notice Inviting Offer (NIO) seeking bids from potential users for the 5 million standard cubic meters per day of natural gas they plan to produce from the R-Cluster Field in KG-D6 bloc
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Anil Ambani's sons, Anshul & Anmol appointed RInfra directors
Business | October 09, 2019 23:58 ISTThe company has also appointed retired Army officer Lt Gen Syed Ata Hasnain as an independent director on the board of the company, it said in a statement on Wednesday.
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Reliance Jio to sell JioPhone at Rs 699 in Diwali offer
Technology | October 01, 2019 15:45 ISTThe company claimed that nearly 7 crore 2G users have been on-boarded on JioPhone platform since its launch. It is targeting around 35 crores, such customers.
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Reliance Jio to be among top 100 brands in 3 years: Report
Business | September 17, 2019 16:22 ISTAlthough launched in 2016, Indian consumers see Jio as "Meaningfully Different" as Airtel, which entered the market in 1995, said the report titled "BrandZ Top 100 Most Valuable Global Brand for 2019".
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Dry spell in IPO market: Only 11 cos hit bourses this year compared to 24 in 2018
Business | September 15, 2019 11:35 ISTWith just over three months to go for the year-end, only 11 companies have hit the capital markets so far in 2019 garnering over Rs 10,000 crore through initial share sales, much lower than 24 firms raising Rs 30,959 crore in entire 2018.
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RInfra pledges 1.5 cr more shares in Reliance Power
Business | September 13, 2019 23:46 ISTThe filing showed that the fresh pledge was done on September 9 in favour of lDBI Trusteeship Services Services Limited Lender/Debenture holder Deutsche Bank.
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