Page 70 - Reliance Industries

From 15,000 to 5 million: How RIL is planning to digitise kirana stores

Reliance, with a deep footprint in over 10,000 Reliance Retail outlets pan-India, is working to create the world's largest online-to-offline e-commerce platform in the country

A toy story to watch: Can Mukesh Ambani make his Hamleys trophy a titan

Its tough to turn big-name assets into global forces. The new owners of the British toy store might have a shot

Reliance Industries hits 8-week low; down 7% in three days

The stock down 3% at Rs 1,303, hit its lowest level since March 11, 2019 on the BSE in intra-day trade on Wednesday.

RIL's online marketplace to have biggest hyperlocal logistics network

More than 10,000 stores under the various Reliance retail brands and over 2.5 million kirana stores have already tied up with it

RIL may use refining arm stake sale to reduce debt, say analysts

Analysts say the firm may use some proceeds in digital business

Not involved in any cash payments to Venezuela's PDVSA for oil: Reliance

One internal PDVSA document indicated shipments of Venezuelan oil to Reliance in April would be settled via Rosneft

At 21%, Reliance Industries' petro-retail growth outpaces the industry

For the January-March 2019 quarter, RIL said its petrol retail volumes grew by 21 per cent

With 33 deals, FY19 was the busiest year for RIL's M&A team in a decade

Reflective of the conglomerate's ambition to turn into a consumer-driven business, most of the acquisitions in the last financial year were for its digital, retail, or related verticals

Mukesh Ambani's debt-fuelled bet on rising middle class is paying off

Asia's richest man has ambitions to take on Amazon.com Inc. and Walmart Inc. in India, where the power of the middle class is growing along with demand for e-commerce

RIL-Aramco deal fits well for both their future strategies

Saudi Aramco has been vocal about partnering with RIL

Reliance Industries weighs refinery unit stake sale to Aramco, Adnoc

Reliance's debt has risen over the past few years

RIL makes Japan's Mitsui OSK Lines strategic partner in 6 ethane carriers

RIL had sourced these carriers as part of its Ethane gas project to transport the compound from US to its plants in India

Q4 results preview: Telecom, retail to offset weak refining for RIL

For the March 2018 ended quarter, RIL had reported a net profit of Rs 9,435 crore and total revenue of Rs 1.17 trillion at the consolidated level

One deal at a time: How Mukesh Ambani is trying to take on Amazon in India

Asia's richest man is sharpening his focus on e-commerce with a string of tiny acquisitions and stake purchases to face Amazon

RIL's Navi Mumbai project may attract $75 bn investments in over 10 years

Ambani's new city is expected to be rolled out at an unprecedented scale, in the same way the RIL Group has implemented and executed projects such as the Jamnagar refinery, and Jio more recently

Reliance Industries invests Rs 700 crore in AI start-up Haptik Infotech

The focus is on enhancement and expansion of the platform, with an addressable market opportunity of over a billion users

Jio has FANG, technology that will edge in every aspect of digital economy

Unlike peers, the telco is on the path to connect every possible tech use case through acquisitions

In full compliance with the US sanctions on Venezuela, says RIL

Reliance further added that not only has it complied with the US sanctions, but also has done its best to adjust its dealings with Venezuela

Reliance Industries sets up company for real estate development

Last February, RIL bought a 65 per cent stake in a real estate project in Bandra-Kurla Complex for Rs 1,105 crore, taking its total investment in property to $2.6 billion

Reliance denies selling oil to Venezuela by sidestepping US sanctions

Reliance will continue its transactions in full compliance of prevailing sanctions, the company said