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The Latest Breaking News from Reliance

Reliance AGM 2022: Jio to launch 5G by Diwali, aims to cover entire country by 2023, Mukesh Ambani

Reliance chairman Mukesh Ambani made the announcement while addressing the shareholders at the Annual General Meeting via immersive and interactive metaverse technology. Read more on Dynamite News:

Reliance to stream AGM on virtual reality platform, five social media platforms

Reliance to stream AGM on virtual reality platform, five social media platforms

NEW DELHI: Reliance Industries will on Monday broadcast its annual shareholder meeting simultaneously on a virtual reality platform as well as on five social media platforms as it takes another leap in digitally connecting people for its AGM.

The Times of India

NDTV: the hostile takeover

NDTV: the hostile takeover

Large conglomerates owning media units might crimp editorial independence

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How Adani is taking over NDTV without consulting the Roys

Through an indirect deal, the media arm of Adani Enterprises, led by Gautam Adani, the fourth richest person in the world, will acquire nearly 30 percent of NDTV’s shares over the next two days. The deal has kicked in an open offer, under which the Adani group is open to…

Creditors file Rs 21,000 crore claim against Future Retail

MUMBAI: Financial creditors to Future Retail have put in claims for Rs 21,058 crore, while operational creditors have sought another Rs 265 crore. Besides these, there are employee dues of Rs 9.8 crore and Rs 1.1 crore claims from other creditors.

The Times of India

Mukesh Ambani looks to repeat telecom feat in new energy

NEW DELHI: Reliance Industries Ltd, whose offering of rock-bottom tariffs shook up the telecom industry, is looking to repeat the feat in the green energy business, where its billionaire chairman Mukesh Ambani sees promise to outshine all existing growth engines in 5-7 years.

The Times of India

LIC breaks into Fortune 500 list, Reliance jumps 51 places

NEW DELHI: Recently-listed Life Insurance Corporation (LIC) has broken into the latest Fortune Global 500 list, while Reliance Industries has jumped 51 places.

The Times of India

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Asia’s richest men prep for battle as Gautam Adani enters Mukesh Ambani’s turf

Asia’s richest men prep for battle as Gautam Adani enters Mukesh Ambani’s turf

MUMBAI: In June, Indian billionaire Mukesh Ambani and his aides ran into an unexpected dilemma when debating where to train the dealmaking lens of his empire next.

The Times of India

Reliance joins Indian Olympic Association as principal partner

Reliance joins Indian Olympic Association as principal partner

The partnership has "an aspiration to host the Olympic Games in the future", the company said in a statement

Reliance expects gas price to rise in October, wants removal of ceiling prices

Reliance expects gas price to rise in October, wants removal of ceiling prices

The government sets gas prices every six months based on international rates

Reliance to acquire franchise in South Africa's T20 cricket league

Reliance to acquire franchise in South Africa's T20 cricket league

NEW DELHI: Expanding its international footprint in cricket, Reliance Industries Ltd on Wednesday said it will acquire a franchise in Cricket South Africa's upcoming T20 league.

The Times of India

3 Steel Stocks to Help Fortify and Keep Your Portfolio Strong in the Long Term

3 Steel Stocks to Help Fortify and Keep Your Portfolio Strong in the Long Term

The steel industry is expected to witness increased demand thanks to the construction sector's revival and the easing of COVID-19 restrictions in China. Given the industry’s solid growth prospects, fundamentally sound steel stocks Nucor Corporation (NUE), United States Steel Corporation (X), and Reliance Steel & Aluminum Co. (RS) could be…

RIL and AFI sign long-term partnership

RIL and AFI sign long-term partnership

KOCHI: The Reliance Industries Limited (RIL) and the Athletics Federation of India (AFI) took their

AFI and RIL sign long term partnership to support talented athletes

AFI and RIL sign long term partnership to support talented athletes

NEW DELHI: Athletics Federation of India (AFI) and Reliance Industries Limited (RIL) on Thursday announced a long-term partnership to provide world class facilities to talented athletes, with special focus on women.

The Times of India

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CP vies for Metro’s Indian wholesale unit

Charoen Pokphand Group Co and Reliance Industries Ltd are among suitors for German retailer Metro AG’s wholesale operations in India, according to people familiar with the matter, as the companies seek to deepen their retail portfolio in one of the world’s largest consumer markets.

The Times of India

Govt slaps windfall tax on fuel exports, domestic crude

NEW DELHI: The government on Friday taxed petrol, diesel and jet fuel exports to discourage overseas sales by private refiners Reliance Industries and Nayara Energy without first meeting domestic commitments and levied additional duty on domestic crude to mop up part of the windfall gains from elevated prices caused by…

The Times of India

Explained in 10 charts: Why Mukesh Ambani's heirs will take over an empire different from what he inherited

NEW DELHI: Mukesh Ambani, the chairman of India's most valued firm Reliance Industries, has taken the first step to pass on the reins of leadership to the next generation of Ambanis.

The Independent UK

More than half a billion pounds in public money paid to rogue housing providers in just one city

Exclusive: In Birmingham, £555m has been paid out in housing benefit in just four years to providers subject to watchdog action

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The Times of India

Reliance brings UK's Pret a Manger to India to take on Starbucks

NEW DELHI: Reliance Brands (RBL) is set to take on Tata Starbucks by bringing to India British sandwich and coffee chain Pret a Manger.

The Times of India

Reliance Brands forays into food & beverage space, signs franchise pact with Pret A Manger

NEW DELHI: Reliance Brands on Thursday announced its entry into the food and beverage space through a long-term master franchise partnership with UK-based fresh food and organic coffee chain Pret A Manger.

The Times of India

Mukesh Ambani sets succession plan in motion by promoting his children

MUMBAI: Indian billionaire Mukesh Ambani just got busy with the early stages of succession planning at his energy-to-technology conglomerate Reliance Industries Ltd, naming two of his offspring as chiefs of key units in his $217 billion empire.

Better Buy: Reliance Steel & Aluminum Vs. Olympic Steel

Despite inflationary pressures, steel demand is expected to remain positive this year and the next. With favorable prospects across market segments, steel industry players Reliance Steel & Aluminum (RS) and Olympic Steel (ZEUS) might benefit. However, which stock is a better buy? Read on to find out.

Mukesh Ambani resigns from Reliance Jio Board, Akash appointed Chairman

Reliance Industries chairman Mukesh Ambani has resigned from the board of Reliance Jio handing over reigns to his elder son Akash Ambani, who will be Chairman of the Board of Directors.

These 3 Industrial Names are Still Undervalued

The industrial sector is expected to grow significantly in 2022 due to strong demand for industrial goods and supportive government policies to spur domestic industrial production. Thus, it could be wise to invest in fundamentally sound industrial stocks Friedman Industries (FRD), Nippon Steel (NPSCY), and Reliance Steel (RS), which are…

Indian Conglomerate Reliance Eyes Bankrupt Revlon: Reuters

Indian conglomerate company Reliance Industries is mulling acquiring cosmetics maker Revlon Inc (NYSE: REV), Reuters reported. The development comes in the wake of Revlon filing for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the Southern District of New York. Revlon is facing heavy debts as it struggles to compete with brands driven by social media…

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