Tag: RIL

RIL’s FY21 Annual Report Shows Improved Earnings
InFocus, Corporate

RIL’s FY21 Annual Report Shows Improved Earnings

SMEStreet Edit Desk- June 7, 2021

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
Corporate, InFocus

Reliance To Start COVID Vaccination Drive For RIL Employees

SMEStreet Edit Desk- April 23, 2021

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
Corporate, InFocus

Mukesh Ambani Led RIL Forays into Green Energy Business

SMEStreet Edit Desk- February 24, 2021

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
Finance, Corporate

Reliance Announces O2C Business Into 100% Subsidiary

SMEStreet Edit Desk- February 23, 2021

"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’
LimeLight

SEBI Imposes Fine on Mukesh Ambani, RIL for ‘Manipulative Trading’

SMEStreet Edit Desk- January 4, 2021

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
LimeLight

Reliance to Invest $ 50 Million in Breakthrough Energy

SMEStreet Edit Desk- November 15, 2020

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
Corporate, InFocus

RIL Stocks Down 2% as Future Retail Deal Stalled

SMEStreet Edit Desk- October 26, 2020

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