Tag: Mukesh Ambani
Reliance Industries 4Q FY22 profit increases 20% to Rs 180bn
Reliance Industries Limited (RIL) has reported a 20.2% increase in its net profit for the quarter ended 31 March 2022 (4Q FY22) to INR 18,021 ... Read More
Reliance Industries to acquire battery manufacturer Lithium Werks assets
Reliance Industries said that its fully-owned subsidiary — Reliance New Energy has agreed to acquire substantially all of the assets of Lithium Werks, a Netherlands-based ... Read More
Reliance Industries 3Q FY22 profit grows 38% to Rs 206bn
Reliance Industries Limited (RIL) has reported a 37.9% increase in its net profit for the quarter ended 31 December 2021 (3Q FY22) to INR 20,539 ... Read More
Mukesh Ambani led Reliance Industries to invest Rs 6 lakh cr in Gujarat
Reliance Industries Limited (RIL) has inked a memorandum of understanding (MoU) with the Gujarat government to invest INR 5.955 lakh crores ($80 billion) in green ... Read More
Reliance Industries to buy 73% stake in Mandarin Oriental New York hotel
The Mukesh Ambani led Reliance Industries Limited is set to acquire a 73.37% stake in Mandarin Oriental New York, a luxury hotel in New York ... Read More
Reliance Industries to acquire British battery technology company Faradion
Reliance Industries said that its fully-owned subsidiary Reliance New Energy Solar (RNESL) has signed a £100 million deal to acquire Faradion, a British sodium-ion battery ... Read More
Reliance Industries withdraws NCLT application for spin off of O2C unit
Reliance Industries Ltd (RIL) announced that it will withdraw its application to obtain the requisite approvals from the National Company Law Tribunal (NCLT) regarding the spinning off ... Read More
Reliance Industries 2Q FY22 profit surges 46% to Rs 154.8bn
Reliance Industries Limited (RIL) has reported a 46% increase in its profit after tax for the quarter ended 30 September 2021 (2Q FY22) to INR ... Read More
Reliance New Energy Solar to acquire 40% stake in Sterling and Wilson Solar
Reliance New Energy Solar has signed agreements with Shapoorji Pallonji and Company (SPCPL) and Khurshed Daruvala for acquiring a stake of 40% in Sterling and ... Read More
Reliance Industries acquires solar cells manufacturer REC Group for $771m
Reliance New Energy Solar Ltd. (RNESL), a fully-owned subsidiary of Reliance Industries, has acquired REC Solar Holdings AS (REC Group) from China National Bluestar Group ... Read More