Reliance Industries
Reliance Jio cuts nearly 5,000 jobs, including 500-600 regular ones
31 May 2019
An estimated 75,000 jobs have been lost in the telecom sector in 2017 alone, due to financial stress faced by companies and ,more people are expected to lose jobs in the coming years as consolidation progresses
Reliance Industries reports record Q4 net profit of Rs10,362 cr
19 Apr 2019
Reliance Jio ended FY19 with a 309 per cent increase in net profit to Rs2,964 crore and a subscriber base of over 300 million, while RIL’s retail segment revenue crossed Rs100,000 crore
Reliance looks to acquire iconic British toy brand Hamleys for up to Rs350 cr
18 Apr 2019
Founded by William Hamley as `Noah's Ark’ in 1760, Hamleys is the oldest and largest toy shop in the world and one of the world's best-known retailers of toys
Saudi Aramco eyes expansion into India with 25% in Reliance
17 Apr 2019
Reports citing sources said the Saudi oil giant, which claims spare capacity of 2 million barrels per day, is planning to invest heavily in Indian fuel retail and petrochem market
Reliance Jio acquires AI-based start-up Haptik in Rs700-cr deal
04 Apr 2019
The entire transaction, which will enable Reliance Jio Digital to grow and expand in the AI-based communication space, is estimated to cost about Rs700 crore
Reliance buys ITC's menswear brand John Players
26 Mar 2019
RIL plans a big splash into online retail business
21 Jan 2019
Reliance’s online retail plans, as chairman Mukesh Ambani had outlined earlier in the year, will be using "augmented reality, holographic technology and VR devices", to create what he described as a "personalised immersive shopping experience"
Reliance Industries Q3 net rises nearly 9% to Rs10,251 crore
18 Jan 2019
RIL saw revenues rising across segments, including retail, telecom and refining operations, with earnings before interest and taxes (EBDT) for the retail segment rising 210.5 per cent to Rs1,512 crore
RIL looking to raise refining capacity to 30 million tonnes: report
19 Nov 2018
The new plant, expected to come up alongside the Jamnagar complex, is estimated to cost $10 billion (Rs71,600 crore at current exchange rate)
Mukesh Ambani sees India spearheading a fourth industrial revolution
30 Oct 2018
He said, India which had a gross domestic product of $350 billion when Reliance was setting up its first refinery, has a GDP of nearly $3 trillion today, and is well on its way to becoming one of the three richest countries in the world
RIL Q2 net vaults over 17% to Rs 9,516 crore
19 Oct 2018
RIL attributed the increase in revenue and profits to higher price realisations of petrochemical and refinery products and better performance of Reliance Retail and Jio, gaining from scale, technology and operational efficiencies
Alibaba in talks with Reliance Retail for e-commerce JV: report
20 Aug 2018
A stake in Reliance Retail will give Alibaba an edge over Walmart and Amazon as foreign entities are not allowed to hold inventory in India and can only operate as marketplaces
RIL wins arbitration against government’s $1.7-bn gas siphoning claim
01 Aug 2018
The arbitration panel held that the RIL consortium is entitled to produce all the gas from its contract area and that there is no basis for any claim of siphoning of gas as claimed by ONGC and the government of India
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