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Searched Tag: reliance industries

At the August AGM, Reliance Industries director Isha Ambani said that RCPL was among the group's "growth engines" and aimed to achieve revenue of ₹1 lakh crore within five years with a global presence

Reliance inks ₹40K-cr MoU for food parks

September 25, 2025, 01:49 PM - 2 min read

As part of an MoU worth ₹40,000 crore signed with the Food Processing Industries Ministry, Reliance Consumer Products Ltd will establish integrated food manufacturing facilities across India to become India’s largest FMCG company

The combined market valuation of seven of the top-10 most-valued firms jumped ₹1,06,250.95 crore last week as the Indian equity benchmarks continued to register gains after the GST overhaul infused optimism in investors

Mcap of 7 most-valued firms jumps ₹1 lakh-cr

September 7, 2025, 07:51 PM - 2 min read

Optimistic trends in equities led to a jump in the market valuation of seven of the top-10 most-valued firms last week, with Bajaj Finance and Reliance Industries showing the biggest surge

Billionaires Mukesh Ambani and Gautam Adani.

Ambani, Adani pledge billions for clean energy in arid heartland

August 31, 2025, 04:20 PM - 4 min read

From barren salt flats to billion-dollar solar fields, Kutch is emerging as India’s renewable frontier with Ambani and Adani betting big on its clean energy promise.

Last fiscal, India spent over USD 137 billion on import of crude oil, which is refined into fuels like petrol and diesel

Banishing Russian crude may cost India USD 9-11 bn

August 3, 2025, 08:26 PM - 5 min read

From less than 0.2 per cent before 2022, Russian oil now makes up 35-40 per cent of India’s crude intake since Russia started discounting it; moving away from it could risk high import bills for the country

This year, India has taken 80 per cent of Russian seaborne Urals, while its imports totaled 231 million barrels through June 24, said data by Kpler

India dominates Russian oil purchase despite narrowing discounts

June 25, 2025, 04:41 PM - 3 min read

Two of India’s private refineries have increased their oil shipments from Russia with Reliance Industries becoming the world’s single biggest buyer of Urals

Markets climb in early trade mirroring firm global trends

June 11, 2025, 10:25 AM - 2 min read

From the Sensex firms, Eternal, Reliance Industries, Mahindra & Mahindra, Tata Motors, NTPC and Tata Steel were among the biggest gainers. Kotak Mahindra Bank, HDFC Bank, Power Grid, Larsen & Toubro, IndusInd Bank and Axis Bank were among the laggards.

Reliance, Airtel stocks rise on SpaceX partnership deal

March 12, 2025, 12:07 PM - 3 min read

Shares of Reliance Industries and Bharti Airtel saw gains in early trade on Wednesday after announcing partnerships with SpaceX for high-speed internet services in India. However, stocks later pared gains amid broader market volatility. Meanwhile, Vodafone Idea’s shares dropped 6 per cent following a subscriber loss report.

Government ends 30 month levy on crude oil and fuels.

Govt removes windfall profit tax on crude oil

December 2, 2024, 04:24 PM - 4 min read

The Indian government has officially scrapped the windfall profit tax on domestically produced crude oil and the export of jet fuel, diesel, and petrol. This decision comes after a notable decline in international oil prices.

Top 8 firms add ₹1.21 lakh crore in Mcap; Reliance tops list

Mcap of 8 of top-10 most valued firms surges Rs 1.21 lakh cr

September 29, 2024, 05:03 PM - 2 min read

The combined market valuation of eight of the top-10 most valued firms surged Rs 1,21,270.83 crore last week, with Reliance Industries becoming the biggest gainer, in line with an outstanding rally in benchmark equity indices.

Reliance, Tata, Serum Institute on TIME's most influential companies list

Reliance, Tata shine in TIME's top companies list

May 30, 2024, 10:51 PM - 2 min read

Billionaire Mukesh Ambani's Reliance Industries, Tata Group, and Serum Institute have made it to TIME's list of the 100 World's Most Influential Companies of 2024.

In the first collaboration between rival billionaires, Mukesh Ambani's Reliance Industries has picked up a 26 per cent stake in a Madhya Pradesh power project of Gautam Adani, and signed a pact to use the plants' 500 MW of electricity for captive use.

Ambani, Adani collaborate: RIL picks 26% stake in Adani Power project

March 29, 2024, 10:02 AM - 2 min read

Adani aspires to be the world's largest renewable energy producer by 2030 while Reliance is building four gigafactories at Jamnagar in Gujarat -- one each for solar panels, batteries, green hydrogen, and fuel cells.

In today's trading session, the Indian stock market witnessed a notable uptick, with both the Sensex and Nifty finishing on a high note.

Sensex gains 526 points, Nifty rises 118.95 points; RIL, Maruti Suzuki, private bank stocks lead the charge

March 27, 2024, 04:20 PM - 2 min read

Vinod Nair, Head of Research at Geojit Financial Services, attributed the market's upward trajectory to stock-specific movements and robust underlying economic factors. He emphasized the presence of strong undercurrents driving the market sentiment, leading to the day's gains.