Mumbai: Reliance Industries Ltd. (RIL) today announced a donation of Rs. 500 crore to PM CARES Fund in response to the call by the Prime Minister to support the nation’s fight against the Coronavirus onslaught. RIL also informed that in addition to the financial contribution to the PM’s Fund, the company has also provided contributions of Rs. 5 crore each to the governments of Maharashtra and Gujarat to support their fights against the Covid-19. RIL also continues its 24x7, multi-prong...Read More

Mumbai, 26 March 2020: Dhirubhai Ambani International School (DAIS), India’s leading international school announced that it has commenced live online classes for its students today. Using online meeting platforms, the live online classes will be run with the teachers and all students attending on video and attendance being marked online. The school is using Microsoft Teams as the platform to run the classes with the bandwidth and connectivity being provided by Reliance Jio. The platform is als...Read More

Mumbai: Reliance Industries Ltd. (RIL) today in a statement said it has deployed the combined strengths of Reliance Foundation, Reliance Retail, Jio, Reliance Life Sciences, Reliance Industries, and all the 6,00,000 members of the Reliance Family on this action plan against COVID-19. RIL: The key elements of the action plan include the following: Reliance Foundation and RIL Hospitals: India’s First Dedicated Covid-19 Hospital set up in just two weeks: In a short time-span of just two w...Read More

Mumbai: India's largest firm Reliance Industries has initiated work-from-home for its staff while keeping open consumer-facing businesses of hospital, retail stores and telecom with a minimum workforce amid increasing number of Covid-19 cases in the country. Chairman and Managing Director Mukesh Ambani will hold a meeting almost every third day to take stock of the impact of novel coronavirus (Covid-19) outbreak on his employees and business, officials said. Precautions have been taken at Rel...Read More

Mumbai: President Trump will see a different India than what President Carter, President Clinton or President Obama saw in past, said Chairman of Reliance Industries, Mukesh Ambani in his interactive session with Microsoft CEO, Satya Nadella at a Microsoft event, ‘Future Decode’, in Mumbai. In the interaction, Ambani said that mobile networks in India are now better. “As we are speaking, President Trump has arrived in Ahmedabad, and the, India, that he will see in 2020 is very differe...Read More

Mumbai: Reliance Industries (NSE: RELIANCE) today announced a consolidation of its media and distribution businesses spread across multiple entities into Network18. Under the Scheme of Arrangement, TV18 Broadcast (NSE: TV18), Hathway Cable & Datacom (NSE: HATHWAY) and Den Networks (NSE: DEN) will merge into Network18 Media & Investments (NSE: NETWORK18).The Appointed Date for the merger shall be February 1, 2020. The Board of Directors of the respective companies approved the Scheme of Amalg...Read More

Mumbai: Asia’s richest man Mukesh Ambani was recently lauded by former Cisco CEO John T Chambers for the technology leaps that RIL has undertaken in the last few years. Speaking to The Innovator magazine, John T Chambers said that RIL’s work in keeping up with digitisation trends is appreciable, adding that the same will help RIL in times of transition. John Chambers also later tweeted the same and said: “Good to see Mukesh Ambani and Reliance Industries Ltd. featured in The Innovator. Muk...Read More

Mumbai: The RIL-BP joint venture today confirmed that it has completed the safe cessation of production in a planned manner, from the D1 D3 field in Block KG D6 (KG-DWN-98/3), off the east coast of India. The D1 D3 field was India’s first deepwater gas field to be put on production in April 2009. The RIL-BP joint venture has successfully worked to extend the life of production from the D1 D3 Field which otherwise would have ceased production in 2015 due to issues of reservoir pressure and ...Read More

Ahmedabad: Reliance Retail’s biannual Full Paisa Vasool Sale is back and will be available at all Reliance Fresh and Smart stores from January 22 to January 26, said a statement by company. During the 5 days of Full Paisa Vasool Sale, customers can avail offers on the entire product range including grocery, staples, fruits & vegetables, kitchen & homeware and other general merchandise, it added. Reliance Retail operates over 700 Fresh / Smart stores. With Reliance Retail rapidly spear...Read More

Mumbai/New Delhi: India''s most valuable company Reliance Industries on Friday posted a record quarterly net profit of Rs 11,640 crore as a turnaround in oil refining business together with the continued rise in the share of its consumer businesses of retail and telecom countered lower profitability in petrochemicals. The oil-to-telecom conglomerate, led by richest Indian Mukesh Ambani, reported a net profit of Rs 11,640 crore, or Rs 18.4 per share, in October-December, up from Rs 10,251 cror...Read More