Page 13 - Ril

Reliance Industries races past TCS to become most valued firm by m-cap

Shares of RIL settled at Rs 1,279.45, up 2.20 per cent on the BSE. Intra-day, it rose 2.55 per cent to Rs 1,283.85

Reliance Jio Infratel plans to raise Rs 25,000 cr for capex, retiring debt

Fund raising is separate from Reliance Jio Infocomm plans, will be completed by end of September quarter.

MJ project gets approval; RIL, BP to invest Rs 35,000 cr in KG basin

Gas production from KG D6 integrated development is expected to help reduce India's import dependence

Brokerage firms divided on impact of RIL's liability transfer to InvIT

The Street is also divided on how one has accounted for the new InvIT structure in RIL's consolidated numbers

RIL to start gas production in KG-D6 block from 2nd half of FY21

Reliance has so far made 19 gas discoveries in the KG-D6 block

RIL Q4 profit up 9.8% y-o-y at Rs 10,362 cr, Jio FY19 net at Rs 2,964 cr

The Mukesh Ambani-promoted Reliance Jio recorded net profits of Rs 2,964 in FY19, compared with Rs 723 crore in FY18

Reliance Industries stands to gain from Saudi Aramco deal: Experts

For Saudi Aramco, experts see this move as part of the country's effort to de-risk its economy from oil's uncertainties

RIL's asset monetisation likely to pare Rs 1 trillion of total debt

The oil-to-telecom conglomerate, as of December 2018, had an outstanding debt of Rs 2.74 trillion, higher from the Rs 2.18 trillion as on March 2018

Jio sales points, petrol pump outlets spur Reliance Retail's revenues

Connectivity and petro retail's contribution in the June, September and December quarters of FY19 to the revenue of Reliance Retail was 43-45%

RIL's e-commerce business may turn out to be more than an online play

RIL's e-commerce platform was announced by chairman Mukesh Ambani at the Vibrant Gujarat summit on Friday

RIL Q3 net profit up 8.8% to Rs 10,251 cr on petrochem, retail, telecom

RIL becomes first private sector Indian company to cross Rs 10,000-cr profit mark

Q3 results preview: RIL net seen rising a tad on higher petchem earnings

In a Bloomberg poll, eight analysts estimated a consolidated revenue of Rs 1.4 trillion for the quarter under review and a net profit of Rs 9,609 crore

Parliament panel questions approval for RIL's gas fields in KG-D6

The PAC felt that the decision of not appointing a third party for validation could be deliberate so that the ministry gets flexibility in the decision making

After years of global success, Mukesh Ambani's RIL faces oil shock at home

Rising crude prices and a tumbling rupee combined to push domestic fuel prices to records, undermining Reliance's retail strategy despite some relief from a dip in crude prices in recent weeks

Ambani gets oil regulator's nod to sell loss-making pipeline to Brookfield

Brookfield Asset Management Inc's affiliate Rapid Holdings Pte Ltd and PenBrook Capital Advisors Pvt Ltd had executed a framework agreement to buy the pipeline on August 28

Den, Hathway deals sealed: Now what's next for RIL in the media sector?

 The acquisitions of Den and Hathway have set the stage for the next phase of growth for the company's Jio arm into content and services

Govt's move on fuel prices will not impact oil retailing plans, says RIL

Many BJP-ruled states followed suit with cut in VAT, to minimise the pinch of the rise in oil prices on commoners

RIL arm acquires 12.7% stake in US-based modern transport firm SkyTran

Reliance has made the investment in SkyTran with the aim to foster a partnership in India

RIL to buy majority stakes in Den Networks, Hathway Cable for Rs 52.3 bn

It will make a primary investment of Rs 29.40 bilion through a preferential issue for a 51.3 per cent stake in Hathway

Thanks to Jio, RIL is catching up with Sensex after a decade-long slumber

'Owning Reliance had no better outcome than owning the index over the last decade and I don't anticipate that changing over the next 10 years'