Page 6 - Reliance Industries

Amazon threatens legal proceedings against Future Retail, promoters

Amazon Future case: Amazon is fighting a legal battle with FRL to stop the Kishore Biyani-led retailer's $3.4 billion deal with Reliance Industries Limited.

Amazon accuses Future Retail, Reliance of 'fraud' in newspaper ads

Amazon has been contesting the planned $3.4 billion sale of Future Group's retail assets to Reliance.

RIL subsidiary acquires battery maker Lithium Werks for $61 million

Lithium Werks is a leading provider of cobalt-free, high-performance lithium iron phosphate (LFP) batteries

Reliance New Energy to acquire assets of Lithium Werks for $61 mn

Incorporated in 2017, Lithium Werks is a cobalt-free lithium battery technology and manufacturing company, with operations in the US, Europe and China and customers worldwide

Reliance Industries sells CBM gas for over $23; HOEC gets $25

The firm had sought bids at a premium over the base of 13.2 per cent of Brent crude oil prices

Sensex rises 817 pts, Nifty near 16,600 as BJP set to win 4 states

CLOSING BELL: The markets, however, ended mildly off highs as European markets dropped up to 1 per cent in early deals as investors monitored the war in Ukraine and fluctuations in commodity prices

Stocks to Watch: RIL, HUL, Dr.Reddy's, PNB Housing, Future Retail, Banks

Reliance Industries is likely to be in limelight as the company is looking to take advantage of the surging diesel demand in Europe in the backdrop of Russia-Ukraine conflict.

Due diligence may delay Future deal; stakeholders to seek more time from SC

Sources also said the takeover of Future stores by RIL scuttles Future Group lenders' options to recover their Rs 17,000-crore ($2.2 billion) debt

Reliance steps up crude processing to supply diesel-starved Europe

Reliance Industries Ltd.'s Jamnagar facility is lifting crude processing and deferring planned maintenance to take advantage of surging demand for diesel

Reliance Industries shares jump over 5%; Mcap zooms Rs 78,955 cr

It was the biggest contributor in the overall market rally, where the BSE Sensex settled at 54,647.33, higher by 1,223.24 points or 2.29 per cent

Reliance not interested in a tripartite JV with Amazon, Future Group

On March 3, Supreme Court had adjourned the case between Future Group and Amazon for ten days (till March 15) as the two agreed to the proposal to resolve the dispute through mediation

Brent tops $130. Fuel hike on cards? Trading strategies for RIL, ONGC, OMCs

ONGC is set to gain another 12 per cent in the upcoming sessions, while other oil related stocks show weakness.

Top headlines: Rupee heading for all-time low, food inflation set to worsen

Business Standard brings you the top headlines this morning.

Reliance Industries opens country's 'largest biz, commerce hub' in Mumbai

Over 250 teachers from BMC schools and other schools across Mumbai were invited to attend the opening show

RIL announces opening of 'Jio World Centre' in Mumbai's BKC

Jio World Centre, touted to be a global destination, will have a phase-wise opening over the course of the current and the next year

RIL seeks to lead 5G race with Sanmina JV for electronics manufacturing

Apart from 5G, the JV will also get into other areas of technology such as cloud infrastructure and hyper-scale data centres

Amazon, Future agree to talks; SC gives them 10 days to explore settlement

In an unexpected move on Thursday, Amazon counsel suggested at a SC hearing that the two sides negotiate, saying the 'whirlpool' of disputes fought on multiple fronts had been dragging on for too long

A sigh of relief for vendors, others as Reliance takes over Future stores

Reliance has been making job offers to employees of these stores, which will ensure job continuity for nearly 30,000 employees of Future Group's retail network.

Reliance ties up with Sanmina for electronics manufacturing in India

A Reliance unit will invest 16.7 billion rupees ($220.86 million) in new shares of Sanmina's existing Indian entity, giving it a 50.1% stake in the joint venture

NCLT allows Future Group to convene shareholders' meet on RIL deal

'The schedule of the meetings of shareholders and creditors will be intimated in due course of time,' Future Retail said in a stock exchange filing