The scale of its green energy debut is stunning
It will also set up a platform for renewable energy project finance to source long-term global capital for investment in these sectors
Jio is the country's largest telecom service provider with over 425 million customers
Success of partnership key to internationalisation plans, say RIL executives
The Sensex rose 393 points, or 0.75 per cent, to end at 52,699, while the 50-share Nifty gained 104 points, or 0.7 per cent, to close at 15,790
Business Standard brings you the top news of the evening
Here are the details of everything Mukesh Ambani announced under Jio Platforms at the Reliance Industries annual general meeting this year
RIL has raised over Rs 3.25 trn in the past fiscal alone so it will be able to fund its New Energy plans even though it is cash flow negative
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
'JioPhone Next is one of the most affordable smartphones globally, which has cutting-edge technology,' Ambani said
'Al-Rumayyan joining our Board is also the beginning of internationalisation of Reliance,' says RIL Chairman at 44th AGM
Ambani said RIL is looking forward to "welcoming Saudi Aramco as a strategic partner in our O2C business".
Reliance will build solar manufacturing units, a battery factory for energy storage, a fuel cell-making factory and an electrolyser unit to produce green hydrogen as a part of the business
Fitch Ratings has upgraded Reliance Industries Ltd's rating to 'BBB', one notch above India's sovereign rating, as the company benefits from cash flow generation across diversified business segments
Business Standard brings you the top headlines on Thursday.
The shares of Shyam Metalics and Sona Comstar are slated to list on the bourses on Thursday. A strong debut is on the cards for Shyam Metalics while Sona Comstar is likely to witness a muted listing
Asia's richest man Mukesh Ambani on Monday said there is no option for businesses but to go green and every unit of Reliance Industries would have to pivot
Billionaire Mukesh Ambani on Monday pressed for bridging the digital divide "both among nations and within nations"
After growing 5x over FY16-FY20, RIL's core retail revenue growth has taken a pause in FY21 (April 2020 to March 2021) due to Covid related macro headwinds including lower footfalls
S&P Global Ratings on Friday said it has revised the rating outlook on ICICI Bank Ltd to stable from negative