Page 19 - Reliance Industries
Reliance Industries invests nearly $29 million in Germany's NexWafe
The investment, expected to be completed this month, will accelerate product and technology development for NexWafe
 "Reliance Industries invests nearly $29 million in Germany's NexWafe")
Reliance New Energy Solar to invest in NexWafe as strategic lead investor
Reliance, through this partnership, will secure access to NexWafe's proprietary technology and plans to build large-scale wafer manufacturing facilities in India using NexWafe processes and technology
 "Reliance New Energy Solar to invest in NexWafe as strategic lead investor")
Only 3 bidders for 21 oil, gas blocks; Vedanta, Reliance stay away
The government has been hoping that opening up of more acreage for exploration will help boost India's oil and gas production
 "Only 3 bidders for 21 oil, gas blocks; Vedanta, Reliance stay away")
RIL's giga-sized green game plan bets heavily on inorganic growth
By swiftly tying up deals on the basics - manufacture, storage, construction - the petroleum giant has taken the first significant step toward meeting its clean energy goals
 "RIL's giga-sized green game plan bets heavily on inorganic growth")
Multiple triggers for Reliance Industries' stock, say analysts
At $0.5 billion per MW of acquisition enterprise value (EV), if we were to extrapolate to RIL's solar photovoltaic (PV) manufacturing, it implies $7-10 billion in value creation
 "Multiple triggers for Reliance Industries' stock, say analysts")
Covid LIVE: WHO experts recommend extra jab for the immunocompromised
Latest news LIVE updates: Prime Minister Narendra Modi launches the Indian Space Association (ISPa; Talks between India and China on Ladakh standoff fails. Stay tuned for the latest news of the day
 "Covid LIVE: WHO experts recommend extra jab for the immunocompromised")
Reliance Industries shares can hit Rs 3,000, tech charts indicate
As long as the support of Rs 2,400 is defended; the negative sentiment is not going to see any exciting response from market participants. Short-term support exists at Rs 2,580 and Rs. 2,520
 "Reliance Industries shares can hit Rs 3,000, tech charts indicate")
Sterling and Wilson Solar soars 17% as RIL to buy 40% stake in company
Reliance Industries through its subsidiary will acquire a 40 per cent stake in Sterling and Wilson Solar through a combination of primary investment, secondary purchase and open offer
 "Sterling and Wilson Solar soars 17% as RIL to buy 40% stake in company")
Stocks to Watch: TCS, AB Sun Life AMC, RIL, Dish Tv, Inox Leisure, Saregama
HFCL, Delta Corporation, Krsnaa Diagnostics, Ramkrishna Forgings, Saregama India, Tata Metaliks and Tinplate Company of India are slated to post their Q2 results today
 "Stocks to Watch: TCS, AB Sun Life AMC, RIL, Dish Tv, Inox Leisure, Saregama")
Reliance buys Norway's REC Solar Holdings from China's Bluestar for $771 mn
This is the first major renewable energy deal, where an equipment manufacturing facility has been acquired
 "Reliance buys Norway's REC Solar Holdings from China's Bluestar for $771 mn")
RIL to buy 40% stake in Sterling & Wilson Solar for Rs 2,850 crore
The company will also acquire 25.9 per cent stake by way of an open offer at the same price
RIL's renewable energy arm buys REC Solar Holdings in $771 mn deal
Target is one of world's top solar cells/panel and polysilicon firms, will be key part of Reliance's new energy vision
 "RIL's renewable energy arm buys REC Solar Holdings in $771 mn deal")
Mukesh Ambani joins Bezos, Musk in world's exclusive $100 bn club
The chairman of Reliance Industries Ltd. entered the rarefied group of 11 men as his conglomerate's stock climbed to a record on Friday
 "Mukesh Ambani joins Bezos, Musk in world's exclusive $100 bn club")
Reliance Industries gains 3%, hits new peak; m-cap nears Rs 18 trillion
Mukesh Ambani-controlled RIL's combined market-cap (partly and fully paid shares) stands at Rs 17.66 trillion
Mukesh Ambani tops Forbes India rich list with $92 billion net worth
Chairman of Reliance Industries, topped the rich list for the 14th year in a row
 "Mukesh Ambani tops Forbes India rich list with $92 billion net worth")
Jio World Drive: Reliance's premium retail destination in Mumbai's BKC area
It will be home to prominent international and Indian brands, 27 culinary outlets, Mumbai's first rooftop Jio Drive-In Theatre, an open-air weekend community market, pet-friendly services, and others
 "Jio World Drive: Reliance's premium retail destination in Mumbai's BKC area")
At $93-bn net worth, Mukesh Ambani tops 2021 Forbes list of India's richest
A soaring stock market propelled the combined wealth of members of the 2021 Forbes list of India's 100 Richest to a record US$775 billion
Moody's raises rating outlook to stable for 18 Indian companies, banks
The nine companies whose rating outlook has been revised upwards are RIL, TCS, Infosys, ONGC, Petronet LNG, UltraTech Cement, Oil India, IOC and HPCL
 "Moody's raises rating outlook to stable for 18 Indian companies, banks")
Reliance to transform energy business, says Morgan Stanley
Over the next few decades, the world will need to fundamentally retool the way it produces and consumes energy
Natural gas price increase positive for ONGC, Reliance: Fitch
The gas price increase will hit the fertiliser sector's profitability by increasing working-capital requirements, Fitch said.
 "Natural gas price increase positive for ONGC, Reliance: Fitch")
