Articles tagged under: reliance

We can make next 30 years the best in India’s history: Mukesh Ambani

July 24, 2021
We can make next 30 years the best in India’s history: Mukesh Ambani

New Delhi: "I am supremely hopeful and confident about the Rise of New India. I can see that the spirit of India is more resurgent than ever before", Mukesh Ambani, Chairman, Reliance Industries Limited (RIL) wrote in Times of India. Ambani said India and the world changed dramatically at the beginning of the 1990s. Communist Soviet Union collapsed. The cold war ended. And India embarked on a bold new path of economic reforms. "Thirty years later, the global order is changing fundamentally ye...Read More

RIL Q1 results: Net profit jumps 67% YoY to Rs 13,806 crore, sales up 57%

July 23, 2021
RIL Q1 results: Net profit jumps 67% YoY to Rs 13,806 crore, sales up 57%

Mumbai: India's largest company by market capitalisation, Reliance Industries (RIL) today reported June quarter profit at Rs 13,806 crore, up 66.7 percent year-on-year (YoY), with normalised tax provision. The revenue of the oil-to-telecom conglomerate stood at Rs 1.44 lakh crore. However, the numbers on sequential basis were impacted due to weakness in retail, RIL said. The company posted record consolidated EBITDA for the quarter under review at Rs 27,550 crore, up 27.6 percent YoY and 3...Read More

Sir HN Reliance Foundation Hospital plays vital role in rehab of Maana Patel for Tokyo Olympics

July 21, 2021
Sir HN Reliance Foundation Hospital plays vital role in rehab of Maana Patel for Tokyo Olympics

Mumbai: Over 130 crore eyes will be on the first and the only Indian female swimmer in Tokyo Olympics, Maana Patel. The 21-year-old backstroke champion from Ahmedabad, Maana is all set to create history in the coming global sports event, Tokyo Olympics 2021. For Maana, the journey wasn’t easy at all. In early 2016, a shoulder injury almost ended her budding career. In medical terminology, Maana’s injury was diagnosed as a “superior labral tear extending from anteriorly at 11 o clock and...Read More

Reliance Retail Ventures Ltd announces acquisition of controlling stake in Just Dial Ltd

July 16, 2021
Reliance Retail Ventures Ltd announces acquisition of controlling stake in Just Dial Ltd

Mumbai: Reliance Retail Ventures Limited (“RRVL”), Just Dial Limited (“Just Dial”) and VSS Mani & others, today executed definitive agreements which will entail:  a) Preferential allotment of 2.12 crore equity shares (equivalent to 25.33% post preferential share capital) at price per share of Rs 1,022.25 b) Acquisition of 1.31 crore equity shares by RRVL from VSS Mani (equivalent to 15.62% post preferential share capital) at a price per share of Rs 1,020.00. c) Shareholders agree...Read More

ADNOC and Reliance Sign Strategic Partnership for World-Scale Chemical Projects at TA’ZIZ in Ruwais

June 29, 2021
ADNOC and Reliance Sign Strategic Partnership for World-Scale Chemical Projects at TA’ZIZ in Ruwais

Mumbai: Abu Dhabi National Oil Company (ADNOC) today announced that Reliance Industries Limited (Reliance), has signed an agreement to join a new world-scale chlor-alkali, ethylene dichloride and polyvinyl chloride (PVC) production facility at TA’ZIZ in Ruwais, Abu Dhabi. The agreement capitalizes on growing demand for these critical industrial raw materials and leverages the strengths of ADNOC and Reliance as global industrial and energy leaders. The project will be constructed in the TA’ZI...Read More

Reliance Retail to create 10 lakh jobs

June 25, 2021
Reliance Retail to create 10 lakh jobs

Mumbai: Reliance Industries' retailing arm Reliance Retail would grow at least three times in the next 3 to 5 years, Chairman and Managing Director Mukesh Ambani said on Thursday. It continues to be among the fastest-growing retailers globally and the company aims to be among the top ten retailers of the world, Ambani said at RIL's annual general meeting with shareholders. In the next three years, Reliance Retail will create employment opportunities for over ten lakh people and enable the liveli...Read More

Chief Minister Rupani welcomes Mukeshbhai Ambani’s announcement on Green Energy Complex in Gujarat

June 24, 2021
Chief Minister Rupani welcomes Mukeshbhai Ambani’s announcement on Green Energy Complex in Gujarat

Gujarat Chief Minister today on behalf of the people of Gujarat welcomed the announcement by Reliance Industries Chairman Shri Mukeshbhai Ambani to set up Dhirubhai Ambani Green Energy Complex in Gujarat. The Chief Minister said that thanks to such an ambitious project, Gujarat will emerge as an important place on the global green energy map. He said this will boost social and economic development in the State and create new opportunities of employment. He said, at present time that dem...Read More

Mukesh Ambani announces 5,000 acres Dhirubhai Ambani Green Energy Giga Complex at Jamnagar

June 24, 2021
Mukesh Ambani announces 5,000 acres Dhirubhai Ambani Green Energy Giga Complex at Jamnagar

Mumbai: Reliance Chairman and Managing Director (CMD) Mukesh Dhirubhai Ambani today while addressing the 44th annual general meeting (AGM) of Reliance Industries Limited (RIL) announced Dhirubhai Ambani Green Energy Giga Complex at Jamnagar in Gujarat. The richest man of Asia said, "We plan to build four Giga Factories to manufacture and integrate all critical components of New Energy ecosystem – solar photovoltaic module factory, energy storage battery factory, electrolyser factory, fu...Read More

Mukesh Dhirubhai Ambani addresses 44th AGM of Reliance Industries Limited

June 24, 2021

Mumbai: Chairman and Managing Director of Reliance Industries Limited Shri Mukesh Dhirubhai Ambani addressing the 44th Annual General Meeting (AGM) of the group. Full text of AGM speeches Chairman's Statement - ... by DeshGujaratRead More

Reliance spends Rs 1,140 crore under CSR initiatives in 2020-21

June 04, 2021
Reliance spends Rs 1,140 crore under CSR initiatives in 2020-21

Mumbai: Reliance Industries Ltd spent Rs 1,140 crore in the fiscal ending March 2021 on corporate social responsibility (CSR) initiatives including Covid-19 support, rural transformation, education, health, sports and disaster response. According to the company's latest annual report, Reliance had spent Rs 1,022 crore in 2019-20 on CSR initiatives. Joining India's fight against the pandemic, Reliance provided healthcare, medical-grade liquid oxygen, meals and masks over the last one year. It re...Read More

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