Reliance signs pact to invest in Abu Dhabi petrochemical hub
Business | June 29, 2021 19:17 ISTReliance Industries has signed a pact to invest an undisclosed amount in a petrochemicals hub in Abu Dhabi.
Reliance Industries has signed a pact to invest an undisclosed amount in a petrochemicals hub in Abu Dhabi.
JioPhone Next has been announced at the Reliance Industries 44th Annual General Meeting (AGM). Here's all you need to know about it.
Saudi Aramco chairman and head of Kingdom's cash-rich wealth fund PIF, Yasir Othman Al-Rumayyan will be on the board of Reliance Industries. He will be an independent director.
Reliance Industries Ltd's R&D arm has proposed the use of Niclosamide - the drug used to treat tapeworm infestation - for treating COVID-19 patients.
After record fund raising, Reliance Industries Ltd now has a strong balance sheet with high liquidity that will support growth plans for its three hyper-growth engines, Jio, Retail and Oil-to-Chemicals, according to the firm's Chairman and Managing Director Mukesh Ambani.
Reliance BP Mobility Ltd, the fuel retailing joint venture of Reliance Industries Ltd and BP, has deployed a mobile fuel bowser in Mumbai for supplying fuel free of cost to ambulances on COVID-19 duty, a company statement said on Tuesday.
Shares of Reliance Industries are in huge demand, extending its winning run for the fourth day and rallying almost 10 per cent.
For this, the HNRFH has tied up with Access Life Assistance Foundation, an NGO that provides multi-disciplinary supportive care to families of cancer-afflicted children who come to Mumbai for treatment.
Shares of Reliance Industries, the country's most valuable company by market valuation, on Friday were in heavy demand and closed with a jump of 6 per cent.
Sir H.N. Reliance Foundation Hospital (RFH) has scaled up its operations towards management of adult and paediatric beds in the city and to support the efforts of the Maharashtra government and the Brihanmumbai Municipal Corporation (BMC).
Billionaire Mukesh Ambani's Reliance Retail Ltd has been ranked second fastest growing retailer in the world in the 2021 ranking of global retail power houses by Deloitte, down from top rank secured the previous years.
Amid a surging second wave of COVID-19 in the country, Reliance Industries (RIL) has ramped up production of medical oxygen to 1000 metric tons per day, making it India's largest producer of medical-grade liquid oxygen from a single location.
At its refinery-cum-petrochemical complex in Jamnagar and other facilities, RIL now produces over 1,000 MT of medical grade liquid oxygen per day -- or over 11 per cent of India's total production - meeting the needs of nearly every one in 10 patients.
The 30-share BSE index was trading 186.94 points or 0.38 per cent lower at 49,559.27. Similarly, the broader NSE Nifty slipped 44.10 points or 0.30 per cent to 14,829.70.
Airtel will receive a consideration of Rs 1,037.6 crore from Jio for proposed transfer. Jio will assume future liabilities of Rs 459 crore relating to the spectrum.
The Delhi High Court on Monday stayed a single judge's order restraining Future Retail Ltd from going ahead with its Rs 24,713 crore deal with Reliance Retail to sell its business, which was objected to by US-based e-commerce giant Amazon.
Wife of one Mansukh Hiren, who was found dead under mysterious circumstances on Friday in the case of SUV abandoned outside Mukesh Ambani's House Antilia in Mumbai that was carrying explosives (Gelatin sticks), Vimla has said that her husband had left the house saying he was going to meet crime branch officer Tawde.
RIL is finalising the O2C separation as its talks for a stake-sale to Aramco are back on track, according to reports.
The proposed reorganisation plan by Reliance Industries Ltd to transfer its refining, marketing and petrochemical (oil-to-chemicals) businesses to a wholly-owned subsidiary is a step towards facilitating participation by strategic investors in the unit, Fitch Ratings said on Tuesday.
RIL said that its O2C Scheme has become effective from January 1, 2021 and required regulatory approval from SEBI and stock exchanges has already been received.
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