Articles tagged under: Reliance Industries Limited

Swedish firm Saab to set up plant for Carl-Gustaf® Weapon System in Reliance MET City

March 04, 2024
Swedish firm Saab to set up plant for Carl-Gustaf® Weapon System in Reliance MET City

Gurugram: MET City, a wholly-owned subsidiary of Reliance Industries Limited, became home to Saab´s first manufacturing facility of the famous Carl-Gustaf Weapon System in India. It is a significant development for India in becoming Aatmanirbhar in defence manufacturing as this will be India’s first 100% FDI in defence, thus starting a new chapter in making India self-reliant in key defence technologies. Saab is a Swedish defence major and has wide array of defence products and their relation...Read More

Reliance, Viacom18, and Walt Disney form Joint Venture

February 28, 2024
Reliance, Viacom18, and Walt Disney form Joint Venture

Mumbai: Reliance Industries Limited (“RIL”), Viacom 18 Media Private Limited (“Viacom18”) and The Walt Disney Company (NYSE:DIS) (“Disney”) today announced the signing of binding definitive agreements to form a joint venture (“JV”) that will combine the businesses of Viacom18 and Star India. As part of the transaction, the media undertaking of Viacom18 will be merged into Star India Private Limited (“SIPL”) through a court-approved scheme of arrangement. In addition, RIL h...Read More

Pran Pratishtha of Ram Mandir at Jamnagar, renovated by Reliance on Jan 22

January 20, 2024
Pran Pratishtha of Ram Mandir at Jamnagar, renovated by Reliance on Jan 22

Jamnagar: A three-day ceremony of Pran Pratishtha of the Ram Temple at Padana village, Jamnagar, which is renovated by Reliance Industries Ltd., has been organized from January 20 to January 22, 2024. Preparations are in full swing for the Pran Pratishtha of the idol on the auspicious occasion of January 22, 2024, which coincides with the Pran Pratishtha Mahotsav at Ayodhya. It is worth mentioning that this Ram Temple, built under the initiative of Parimal Nathwani in 1998, keeping in mind the ...Read More

Reliance Industries Ltd reports 10.9% surge in net profit for Q3 FY2023-24; EBITDA up 16.7%

January 19, 2024
Reliance Industries Ltd reports 10.9% surge in net profit for Q3 FY2023-24; EBITDA up 16.7%

Mumbai: Reliance Industries Ltd (RIL) today announced the results for Q3 FY2023-24. With a 10.9 percent surge in net profit, reaching Rs 19,641 crore for the third fiscal quarter compared to the same period last year. The consolidated earnings before interest, taxes, depreciation, and amortization (EBITDA) for this quarter were Rs 44,678 crore, reflecting an increase of 16.7% from the previous year, indicating growth in all major operating sectors. The company witnessed a 3.2% rise in gros...Read More

Reliance Industries becomes first in India to use chemical recycling for circular polymers

December 29, 2023
Reliance Industries becomes first in India to use chemical recycling for circular polymers

Jamnagar: Reliance Industries Limited (RIL), operator of the world's  largest integrated refining and petrochemical complex, has become the first Indian company  to chemically recycle plastic waste-based pyrolysis oil into International Sustainability &  Carbon Certification (ISCC)-Plus certified Circular Polymers. This new innovation is a  testimony to RIL's commitment in reducing plastic waste and supporting Circular Economy  in India. RIL shipped its first batch of ISCC-Plus certi...Read More

Several top industrialists to accompany Gujarat CM on Japan and Singapore visit

November 25, 2023
Several top industrialists to accompany Gujarat CM on Japan and Singapore visit

Gandhinagar: Gujarat Chief Minister Bhupendra Patel is scheduled to visit Japan and Singapore from November 25 to December 2. The CM will lead a delegation of over 17 industrialists during this visit to promote the Vibrant Gujarat Global Summit 2024, scheduled to be held in January 2024. Pankaj Patel, Chairman of Zydus Lifesciences Ltd, Karan Adani, & Sagar Adani of Adani Group, Dhanraj Nathwani, Group President of Reliance Industries Limited, Anshuman Ruia, Director of Essar Group, and s...Read More

Jio World Plaza in Mumbai opens doors to the public on November 1

October 31, 2023
Jio World Plaza in Mumbai opens doors to the public on November 1

Mumbai: Reliance Industries Limited today announced the opening of Jio World Plaza, an immersive retail destination for top-end, global standard shopping and  entertainment experiences in India. Located in BKC, of Mumbai, Jio  World Plaza (JWP) opens doors to the public on November 1. The Plaza seamlessly  integrates with the Nita Mukesh Ambani Cultural Centre, the Jio World Convention Centre  and the Jio World Garden, making it an all-encompassing destination for visitors. Speaking about...Read More

RIL reports 29.7% rise in Q2 net profit for FY 2023-24

October 27, 2023
RIL reports 29.7% rise in Q2 net profit for FY 2023-24

Mumbai: Reliance Industries Ltd (RIL) on October 27 reported a consolidated net profit of Rs 19,878 crore in the second quarter of financial year 2023-24, an increase of 29.7 percent from a year ago, despite a dip in revenue from its oil-to-chemicals business. Robust performance of its retail, Jio and upstream businesses drove profit growth, the company said. Gross revenue from operations of India’s most valued company stood at Rs 2.55 lakh crore in the quarter ended September 30, compare...Read More

RIL to invest ₹5 lakh crores in Gujarat over the next decade; CM meets Mukesh Ambani

October 11, 2023
RIL to invest ₹5 lakh crores in Gujarat over the next decade; CM meets Mukesh Ambani

Mumbai: In run up to the Vibrant Gujarat Global Summit 2024, scheduled for January next year, the Gujarat Government held a roadshow in Mumbai today. As part of this event, Gujarat Chief Minister Bhupendra Patel met with the Chairman of Reliance Industries Ltd., Mukesh Ambani, in the city. "The productive discussion focused on the upcoming Vibrant Gujarat 2024, industrial investments and upcoming mega projects of Reliance in Gujarat," tweeted Parimal Nathwani, Director-Corporate Affairs, RI...Read More

Reliance contributes Rs. 25 crore to Uttarakhand post-flood recovery and development

September 09, 2023
Reliance contributes Rs. 25 crore to Uttarakhand post-flood recovery and development

Mumbai: To help rebuild lives affected by floods this year in Uttarakhand and in continuation of its sustained social development efforts in the state, Reliance, through Shri. Anant Ambani contributed Rs. 25 crore to the state’s Chief Minister Relief Fund on Thursday. "We share a deep bond with the people of Uttarakhand, through joys and sorrows over the past decade. The phenomenal resilience of the state and its people in the face of crisis has been inspiring to all of us at Reliance. As w...Read More