Tag: Reliance Industries

Reliance Industries reports mixed 1Q FY24 results: revenues down, EBITDA up

businessnewstoday- July 22, 2023

Reliance Industries Limited (RIL) reported its financial results for the quarter ended June 30, 2023, revealing a mixed performance. Gross revenue dropped by 4.7% year-on-year ... Read More

India’s gas game changer: How Reliance Industries, BP are set to revolutionize the industry

businessnewstoday- July 3, 2023

Reliance Industries Limited (RIL) and bp have announced the initiation of production from the MJ field, marking the completion of their final deepwater development in ... Read More

Reliance Industries 4Q FY23 profit increases by 18% to Rs 213bn

businessnewstoday- April 22, 2023

Reliance Industries Limited (RIL) has reported an 18.3% increase in its net profit for the quarter ended 31 March 2023 (4Q FY23) to INR 21,327 ... Read More

Reliance Polyester closes acquisition of Shubhalakshmi’s polyester business

businessnewstoday- March 9, 2023

Reliance Industries said that its fully-owned subsidiary Reliance Polyester has wrapped up the previously announced INR 1,592 crores acquisition of the polyester businesses of Shubhalakshmi ... Read More

Reliance Jio Infocomm rolls out True 5G services in 27 more Indian towns

businessnewstoday- March 9, 2023

Reliance Industries said that Reliance Jio Infocomm, a subsidiary of Jio Platforms, has launched its True 5G services in 27 towns and cities across 13 ... Read More

Reliance Industries 3Q FY23 profit remains flat at Rs 178bn

businessnewstoday- January 24, 2023

Reliance Industries Limited (RIL) has reported a 0.6% increase in its net profit for the quarter ended 31 December 2022 (3Q FY23) to INR 17,806 ... Read More

Reliance Jio Infocomm launches Jio True 5G services across six cities in TN

businessnewstoday- January 11, 2023

Reliance Jio Infocomm, a subsidiary of Jio Platforms, has launched Jio True 5G services in six more cities in Tamil Nadu (TN), which include Coimbatore, ... Read More

Reliance Consumer Products to buy 50% stake in Sosyo Hajoori Beverages

businessnewstoday- January 4, 2023

Reliance Retail Ventures Limited (RRVL) said that its FMCG arm Reliance Consumer Products Limited (RCPL) will acquire a 50% stake in Sosyo Hajoori Beverages (SHBPL), ... Read More

Reliance Retail to buy cash & carry wholesaler Metro India for Rs 2,850cr

Raghuram Kadari- December 24, 2022

Reliance Retail Ventures, an arm of Reliance Industries, will acquire Metro Cash & Carry India (Metro India), a wholly-owned subsidiary of Germany-based Metro AG, for ... Read More

Reliance Industries partners with Ambri to achieve net-zero carbon target by 2035

Raghuram Kadari- October 19, 2022

Ambri, a US-based energy storage solutions manufacturer, has signed a memorandum of understanding (MoU) with multinational conglomerate Reliance Industries to help the latter achieve its ... Read More