Tag: RIL
RIL’s FY21 Annual Report Shows Improved Earnings
RIL extinguished $4.6bn Capex creditors in FY21. Retail CAPEX was elevated at $1.4bn partly led by Jiomart rollout. Facilities capex under Reliance Projects & Property ... Read More
Reliance To Start COVID Vaccination Drive For RIL Employees
In a letter to RIL employees, the Chairman and Managing Director RIL Mukesh Ambani and Chairperson Reliance Foundation Nita Ambani said that the COVID-19 vaccine ... Read More
Mukesh Ambani Led RIL Forays into Green Energy Business
Reliance has indicated that it plans to build an optimal mix of reliable, lean and affordable energy using solar, wind and batteries. Read More
Reliance Announces O2C Business Into 100% Subsidiary
"The existing O2C operating team will move to the newly-created subsidiary with the transfer of business, but there will be no dilution of earnings or ... Read More
SEBI Imposes Fine on Mukesh Ambani, RIL for ‘Manipulative Trading’
The SEBI order observed that RIL had entered into a well-planned operation with its agents to corner the open interest in the RPL Read More
Reliance to Invest $ 50 Million in Breakthrough Energy
Reliance Industries Limited (RIL) has signed a definitive agreement for making a capital contribution of up to $50 million in Breakthrough Energy Ventures II, L.P. ... Read More
RIL Stocks Down 2% as Future Retail Deal Stalled
Shares of Reliance Industries and Future Retail declined after a Singapore arbitration court temporarily stalled the RIL's buyout deal of Future Group's retail business. Read More