RIL

Sensex, Nifty end in the green after days of decline as investors snap up stocks on value buying, blue-chip rally

November 19, 2024 4:57 pm

Mukesh Ambani sets targets for kids in succession plan

December 29, 2022 11:39 am

His elder son Akash, is being groomed to take over the telecom business, and his twin Isha for retail. Youngest son Anant is being groomed for the new energy business.

RIL's retail arm buys METRO Cash & Carry for Rs 2,850 crore

December 22, 2022 10:33 am

Through this acquisition, Reliance Retail gets access to a wide network of METRO India stores located in prime locations across key cities, a large base of registered kiranas and other institutional customers, strong supplier network and some of the global best practices implemented by METRO in India

Paytm shares plunges over 11% to record low

November 23, 2022 9:44 am

RIL said recently it plans to build a financial services business called Jio Financial Services (JFS) and leverage its fast-growing retail business. The entity will eventually list on the bourses.

Reliance Retail launches first in-house premium fashion store called Azorte

September 29, 2022 3:11 pm

The new store chain called Azorte, the first of which was launched in Bengaluru, will compete with the likes of Mango and Industria de Diseno Textil SA (Inditex)-owned Zara, and cater to millenials and Gen Z.

RIL arm acquires 20% stake in solar tech firm Caelux for $12 million

September 23, 2022 2:13 pm

Reliance New Energy Ltd, a wholly-owned subsidiary of the firm, signed definitive agreements to invest in Caelux Corporation, a Pasadena, California-headquartered company engaged in the development of perovskite-based solar technology, it said in a statement.

Ambani details succession plan - retail to Isha, energy to Anant

August 29, 2022 5:24 pm

Just like his business, Ambani, 65, also has three children -- twins Akash and Isha, and youngest son Anant.

Succession, spinoffs in focus in Mukesh Ambani’s big speech

August 29, 2022 1:03 pm

This year, investors in the Indian billionaire’s Reliance Industries Ltd. will be looking for insight around the conglomerate’s 5G rollout, how Ambani plans to unlock the value of his telecommunications and retail units through separate listings, and when and how his children will take over the reins.

Reliance AGM 2022 News Highlights: Ambani shares 5G rollout plan, retail arm to launch FMCG biz

August 30, 2022 10:31 am

Reliance AGM 2022 Highlights, JIO 5G Services Announced: Reliance Industries (RIL) Chairman Mukesh Ambani is addressing the shareholders at the company's 45th annual general meeting (AGM) today. He said that Reliance Jio will launch 5G services in key cities by Diwali.

RIL invests Rs 30,000 crore in retail in FY22; to accelerate store expansion, e-commerce

August 08, 2022 4:07 pm

During the fiscal year, Reliance Retail further strengthened its sourcing ecosystem, working closely with producers, MSMEs, service providers, and local and international brand companies, it added.

Reliance AGM has the Ambani family in the limelight

June 12, 2015 4:10 pm

RIL Chairman Mukesh Ambani was accompanied by wife Nita Ambani and sons Akash and Anant for the company's 41st AGM in Mumbai.

Corporate espionage: Accused to remain in custody till Feb 23

February 20, 2015 7:48 pm

The rooms accessed to steal official documents included rooms of Special Secretary, Joint Secretary (Refineries and Exploration) and Director (Exploration-1) were among others.