Mukesh stepped in to help younger brother Anil pay $80 million in dues to a local unit of Ericsson AB and avert a three-month jail sentence
The Mukesh Ambani company will become the first Indian firm to tap Schuldschein debt instrument
Reliance is India's biggest private refiner, with a capacity of 1.36 million barrels a day
According to the company filings, RIIHL will initially invest Rs 106 crore in Grab and an addition of Rs 40 crore in tranches until March 2021
The move will help Reliance to unlock value in the assets and reduce debt
RIL's claim is yet to come up for hearing at the NCLT
Refining margins depend to a large extent on the price of feedstock
Reliance's success could be built on an ecosystem or bundling strategy and a home-court advantage, says brokerage firm UBS
However, the company's balance sheet will be stronger in a year, Srikanth said, as its investment goes down and it transfers its fiber and tower undertakings to separate companies
The battle for the Indian consumer was never going to be an all-American affair
Ambani announced his plan to create an online-to-offline platform at the Vibrant Gujarat Summit
Jio and Reliance Retail will launch a unique new commerce platform, says Reliance Industries Ltd. chairman at Vibrant Gujarat summit.
Today, Gujarat is the showcase for Jio's 4G wireless broadband network, said Mukesh Ambani
The stock rose 2 per cent to Rs 1,157 on the BSE after the company reported a better-than-expected consolidated net profit of Rs 10,251 crore in Q3FY19.
The CPCB said that the National Green Tribunal had on September 28 directed oil companies to ensure installation of VRS in petrol pumps selling more than 300 kilolitres per month
RIL has risen 5 per cent in the past three trading sessions, as compared to 1.3 per cent rise in the S&P BSE Sensex.
Lenders said RIL had already raised close to Rs 21,500 crore through rupee bonds in fiscal year 2019 as compared to Rs 25,165 crore raised in fiscal year 2018
VHL is a consortium of leading global energy majors, commodity traders and banks with a vision to digitise the global commodities trading industry
Reliance operates its retail business through its subsidiary Reliance Retail Ventures, which, in turn, is the holding company for various retail businesses
Mukesh Ambani seeks to cement Reliance's dominance in major oil consuming nation as rivals including Saudi Aramco, Abu Dhabi National Oil Co., and Russia's Rosneft PJSC acquire plants in India