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Saturday, May 15, 2021

Reliance

Reliance one of the biggest donors in India Inc Covid relief response

New Delhi, May 9 (IANS) Mukesh Ambani's Reliance Industries Ltd (RIL) and Reliance Foundation are among the largest donors as India Inc steps up relief efforts in the second wave of Covid hitting India. RIL set up 1,875 hospital beds...

RIL provides 700 tonnes oxygen to 3 states and UT daily

Mumbai, April 20 (IANS) Reliance Industries Ltd (RIL) has tweaked its manufacturing process at the Jamnagar Refinery to produce and distribute around 700 metric tonnes of medical grade oxygen everyday to three states and a Union Territory, official sources...

In Contention: Reliance Retail extends deadline for Future deal

Mumbai, April 1 (IANS) In the contention of creating a mega retail giant, despite several legal and arbitration battles, Reliance Retail Ventures extended the timeline for its acquisition of Future Retail. In financial parlance, the RRVL extended the 'long stop...

Aramco remains in talks with Reliance for partnership

New Delhi, March 23 (IANS) Saudi Aramco's conference call indicated that it is still in discussion with Reliance to evaluate the existing opportunities as potential partners, regarding the non-binding MoU signed with Reliance for its oil to chemicals (O2C)...

Reliance goes nationalistic to fight vested interests

New Delhi, Jan 4 (IANS) Reliance Jio Infocomm Limited (RJIL), a subsidiary of Reliance Industries Limited (RIL), has submitted in its writ petition to the Punjab and Haryana High Court that the Court should order an investigation by the state and central...

Reliance biggest wealth creator in past 25 years: Report

New Delhi, Dec 22 (IANS) Reliance Industries has emerged as the biggest wealth creator for the period between 1995 and 2020, said a report by the Motilal Oswal Financial Services. IT major Infosys has turned out to be the fastest wealth...

RIL tops Fortune India 500 list of India’s largest companies

New Delhi, Dec 3 (IANS) Reliance Industries Limited (RIL) has been ranked Number One in the 2020 Fortune India 500 list of Indias largest companies. According to Fortune India, Reliance pipped the public-sector Indian Oil Corporation (IOC) last year to top...

CCI approves Reliance Retail’s acquisition of Future Group businesses

New Delhi, Nov 20 (IANS): In a setback for Amazon, the Competition Commission of India (CCI) has approved the acquisition of retail, wholesale, logistics, and warehousing businesses of the Future Group by Reliance Retail Ventures Ltd and Reliance Retail and...

Futures Retail anticipates liquidation if deal with RIL fails

New Delhi, Oct 27 (IANS): As a Singapore arbitration court has temporarily halted the acquisition process of Future Group's retail business by Reliance Retail, there has been speculation over what happens to Future Retail if the deal does not actually...

Amazon flexes muscles but Reliance holds deep war chest

New Delhi, Oct 27 (IANS) The face-off between Mukesh Ambani-led Reliance Industries Ltd (RIL) and Jeff Bezos-run behemoth Amazon over the retail assets of Future Group in India has once again exposed the ambition of the so-called "gatekeeper for...

Latest News

DRDO anti-Covid drug to be game changer: Karnataka Minister

Bengaluru, May 14 (IANS) Lauding the Defence Research and Development Organisation's (DRDO) contribution in the fight against the pandemic,...