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The Latest Breaking News from RIL

Ahead of Market: 10 things that will decide stock market action on Wednesday

Indian equity markets extended losses for a fourth straight session as broad-based selling in IT, banking, auto, and consumer stocks dragged benchmarks lower. Weak global cues, rising inflation data, and technical breakdowns deepened bearish sentiment, with analysts warning further downside toward key support levels.

The Economic Times

JioBlackRock Flexi Cap Fund exits 3 AMC stocks, HAL, and 13 others in April

JioBlackRock Mutual Fund’s Flexi Cap Fund completely exited 17 stocks in April, including AMC companies and Hindustan Aeronautics, while adding 27 new stocks to its portfolio. The fund also increased exposure to several large-cap names and expanded its portfolio size from 107 to 117 stocks.

The Economic Times

Behind India’s massive Russian oil imports: Asia’s richest man

Reliance’s Russian crude imports have soared from 3 percent before the war in Ukraine to 50 percent now.

Al Jazeera

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Mukesh Ambani vows to invest more than ₹50,000 crore in Assam

Mukesh Ambani also informed that Reliance India Limited (RIL) has invested over ₹12,000 crore in the state.

Dynamite News

Reliance to own 49% stake of Oval Invincibles in The Hundred

NEW DELHI: The Surrey County Cricket Club on Monday announced their new partnership with Reliance Industries Limited (RIL), the owners of Mumbai Indians, where the two will jointly own Oval Invincibles franchise in The Hundred.

The Times of India

The Hundred: Mumbai Indians owners agree landmark deal to buy stake in Oval Invincibles

Reliance Industries Limited are owned by India’s richest family

Evening Standard

Mumbai Indians bag Oval Invincibles franchise in The Hundred

NEW DELHI: Reliance Industries Limited (RIL), owners of the global Mumbai Indians franchise, have secured ownership of the Oval Invincibles franchise in The Hundred. According to Cricbuzz, they won the bid with a staggering £123 million offer, significantly exceeding expectations.

The Times of India

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3 Digital Entertainment Platforms Captivating Audiences

The digital entertainment market is positioned for continuous expansion, owing to the growing variety in content, personalized experience, and adoption of technologies like AI. Amid this, captivating digital entertainment stocks Walt Disney (DIS), Spotify Technology (SPOT), and Roku (ROKU) could be ideal investment choices. Keep reading.

StockNews.com

Reliance board to consider 1:1 bonus issue on Sep 5: Mukesh Ambani

This move comes as the Mukesh Ambani-led conglomerate seeks to reward its shareholders amid strong financial performance and expansion of its business. Read further on Dynamite News:

Dynamite News

Reliance Retail’s standalone Swadesh store opens in Hyderabad

Nita Ambani inaugurated the first Swadesh store of Reliance Retail in Telangana, a 20,000 sq ft store showcasing products made by India's skilled artisans.

The Hindu

Commerce Department partners with major VC firms encourage startups to be “responsible” in AI use

The effort, led by General Catalyst, expands an effort to encourage responsible AI that was previously focused on Big Tech firms.

Fortune

Reliance AGM 2023: RIL recommends appointment of Isha, Akash and Anant on Board of Directors

The Board of Directors also accepted the resignation of Nita Ambani from the Board respecting her decision to devote her energies to Reliance Foundation. Nita Ambani will continue as Chairperson of the Foundation. Read further on Dynamite News:

Dynamite News

Mukesh Ambani’s children join Reliance Board; Nita Ambani to step down

The Board of Directors of Reliance Industries Limited considered and recommended to the shareholders for approval of appointment of Isha Ambani, Akash Ambani and Anant Ambani as Non-Executive Directors of the Company.

The Hindu

Sensex surges 600 points to scale 61,000-mark; ITC, RIL sparkle

MUMBAI: The BSE benchmark sensex surged 600 points on Tuesday, propelled by market heavyweight RIL, ITC, banking and IT shares amid positive global cues.

The Times of India

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The Times of India

Sensex falls 236 points to close at 60,622; HUL, RIL top drags

NEW DELHI: Equity indices finished lower for 2nd straight session on Friday amid weak trends from global markets.

The Times of India

Reliance retail arm to acquire controlling stake in Lotus Chocolate

NEW DELHI: The retail arm of Reliance Industries has acquired 51% controlling stake in Lotus Chocolate Company, RIL said in an official release on Thursday.

The Times of India

Journey in numbers: Mukesh Ambani completes 20 years at helm of Reliance

NEW DELHI: Mukesh Ambani, who took over the reins of Reliance Industries Ltd (RIL) after the sudden demise of his legendary industrialist father Dhirubhai Ambani, completes 20 years at the helm during which the company saw a 17-fold jump in revenues, 20-times surge in profit and has become a global…

The Times of India

Reliance to demerge financial services arm Jio Financial Services; list it on stock exchanges

NEW DELHI: Billionaire Mukesh Ambani's Reliance Industries Ltd on Friday said it will demerge its financial services arm and list it on the stock exchanges.

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The Times of India

Reliance Industries Q2 net profit remains flat at Rs 13,656 crore; hit by weak refining margins

NEW DELHI: India's most valuable company Reliance Industries on Friday reported a flat profit for the second quarter of the financial year 2022-23.

The Times of India

Sensex sinks 861 points as hawkish Fed roils global markets

MUMBAI: Equity markets buckled under selling pressure on Monday as an intense sell-off emerged in IT, teck and banking stocks amid a bearish trend overseas following hawkish comments from the US Federal Reserve.

The Times of India

5G rollout by Diwali, Qualcomm partnership: Key points from Reliance Industries' AGM

NEW DELHI: Reliance Industries on Monday conducted its 45th annual general meeting (AGM). This is the 3rd time when RIL conducted its AGM virtually.

Dynamite News

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:

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

BCCI ethics officer asks Nita Ambani to respond to conflict of interest allegations

NEW DELHI: BCCI ethics officer Vineet Saran on Friday asked Mumbai Indians owner Nita Ambani to file a written response by September 2 to conflict of interest allegations levelled against her.

The Hindu

IPL owners foray into South Africa league may lead to Indian cricketers’ entry in overseas leagues

Mumbai

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