Tuesday, May 24, 2022
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Mukesh Ambani

How Gujarat-Born Issa Brothers Have Locked Horns With Mukesh Ambani For Boots

How Gujarat-Born Issa Brothers Have Locked Horns With Mukesh Ambani For Boots

Reliance Industries has decided to foray into the UK’s retail sector by acquiring Boots—a popular pharmacy brand in the country

20 May 2022
Reliance Becomes First Indian Firm To Clock $100 Billion In Revenue. What Should Investors Do?

Reliance Becomes First Indian Firm To Clock $100 Billion In Revenue. What Should Investors Do?

The oil-to-telecom conglomerate's profit came in at Rs 16,203 crore for quarter ended March 2022, marking an increase of 22.5 per cent from Rs 13,227 crore...

09 May 2022

Reliance Industries Profit Rises 22% To Rs 16,203 Crore In Q4 On Strong Oil-To-Chemicals Business

Revenue for oil-to-chemicals business for the last quarter of previous financial year increased by 44.2 per cent year-on-year (Y-o-Y) to Rs 1,45,786 crore

Why Is Mukesh Ambani Headed To London With Boots And Other Acquisitions?

Why Is Mukesh Ambani Headed To London With Boots And Other Acquisitions?

In the last two years, India’s richest man has acquired or shown interest in a series of companies in the UK, the latest being a bid for pharma chain Boots....

06 May 2022

Reliance Industries Becomes First Indian Firm With Market Cap Of Rs 19 Lakh Crore

Following the surge in its share price, the company's market valuation jumped to Rs 19,12,814 crore in morning trade on the BSE

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25 April 2022
Gautam Adani Overtakes Warren Buffet, Becomes World’s Fifth-Richest Man

Gautam Adani Overtakes Warren Buffet, Becomes World’s Fifth-Richest Man

The Adani Group chairman Gautam Adani, according to Forbes Magazine has become the fifth-richest person in the world.


24 April 2022
Mukesh Ambani's Baazigari: How RIL Defeated Amazon Despite Losing Future Deal

Mukesh Ambani's Baazigari: How RIL Defeated Amazon Despite Losing Future Deal

On Saturday, something unexpected happened. Reliance Retail Ventures Ltd (RRVL), the retail holding company of Mukesh Ambani owned Reliance Industries (RIL)...


27 April 2022
Reliance Industries Calls Off Rs 24,713 Crore Deal With Future Group. Here Is The Timeline Of Events

Reliance Industries Calls Off Rs 24,713 Crore Deal With Future Group. Here Is The Timeline Of Events

The rejection by lenders comes amid a legal challenge by U.S. e-commerce giant Amazon.com Inc which has accused Future of violating certain contracts by...


23 April 2022
Reliance Calls Off Deal With Future Group After Secured Creditors Give A Thumbs Down

Reliance Calls Off Deal With Future Group After Secured Creditors Give A Thumbs Down

Reliance said Future Group companies comprising Future Retail Limited (FRL) and other listed companies involved in the scheme have intimated the results of the...


21 April 2022
Reliance Industries Shares Hit Record High. Analysts See More Upside Going Ahead

Reliance Industries Shares Hit Record High. Analysts See More Upside Going Ahead

In the last three sessions, Reliance Industries has jumped 9% and has led the recovery in Sensex which was under pressure due to heavy selling by foreign...


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21 April 2022
Reliance Industries Hits Record High. Here’s What Is Fuelling Rally In Mukesh Ambani-Led Company

Reliance Industries Hits Record High. Here’s What Is Fuelling Rally In Mukesh Ambani-Led Company

Reliance Industries' Singapore gross refining margins, a key metric to assess how much it has earned by refining a barrel of crude oil, improved to $17 per...


01 April 2022
Future Retail Ltd Defaults On Repayment Of Rs 5,322 Crore Debt

Future Retail Ltd Defaults On Repayment Of Rs 5,322 Crore Debt

Last year, FRL had entered into a One Time Restructuring (OTR) scheme for COVID-hit companies with a consortium of banks and was under obligation to raise Rs...


24 March 2022
All Set For Yogi Adityanath’s Mega Oath Taking Ceremony In UP Tomorrow

All Set For Yogi Adityanath’s Mega Oath Taking Ceremony In UP Tomorrow

Yogi Adityanath’s oath taking ceremony inside UP’s (Uttar Pradesh’s) Bharat Ratna Shri Atal Bihari Vajpayee Ekana Cricket Stadium will be attended by PM...


16 March 2022
Adani Adds $49 Billion Wealth In 2021, Higher Than Jeff Bezos, Elon Musk

Adani Adds $49 Billion Wealth In 2021, Higher Than Jeff Bezos, Elon Musk

 Adani, the head of the ports-to-energy conglomerate Adani Group, is a close second with his wealth surging 153 per cent to $81 billion.


14 March 2022
Reliance To Buy Assets Of Battery Firm Lithium Werks For $61 Million

Reliance To Buy Assets Of Battery Firm Lithium Werks For $61 Million

 The assets include the entire patent portfolio of Lithium Werks, manufacturing facility in China, key business contracts, and hiring of existing employees as...


10 March 2022
Reliance Terminates Lease For 835 Stores: Future Retail

Reliance Terminates Lease For 835 Stores: Future Retail

In stock exchange filings, the Kishore Biyani-led Future Group firms said they have been served notices to terminate the lease of 835 Future Retail stores and...


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05 March 2022
RIL Opens India's Largest Convention Centre At Jio World Centre With 5G Network

RIL Opens India's Largest Convention Centre At Jio World Centre With 5G Network

The Dhirubhai Ambani Square opened at the Jio World Centre is centered around the Fountain of Joy, which is a series of fountain shows of water, lights and...


03 March 2022
Amazon Plans To File Criminal Case Against Future Over Store Transfers: Report

Amazon Plans To File Criminal Case Against Future Over Store Transfers: Report

Amazon and Future Group dispute Future's $3.4 billion sale of assets to Reliance Industries


01 March 2022
Reliance Retail Invests In Abraham & Thakore For Majority Stake

Reliance Retail Invests In Abraham & Thakore For Majority Stake

Reliance group said its retail arm has invested in luxury fashion house Abraham & Thakore for an undisclosed majority stake


01 March 2022
India 3rd In Billionaire Population Globally; Number of Ultra HNIs Up 11%

India 3rd In Billionaire Population Globally; Number of Ultra HNIs Up 11%

The US is number one with 748 billionaires, followed by the Chinese mainland at 554 billionaires and India with 145 billionaires


26 February 2022
Reliance Takes Control Of Future Retail Stores, Offers Jobs To Employees

Reliance Takes Control Of Future Retail Stores, Offers Jobs To Employees

Reliance Retail has started to take possession of the premises in which Future Retail is operating its stores such as Big Bazaar and replaced them with its...


23 February 2022
India Can Do $0.5 Trillion Green Energy Exports, Says Mukesh Ambani

India Can Do $0.5 Trillion Green Energy Exports, Says Mukesh Ambani

Ambani, who is helming a transition to green hydrogen production at its oil-dominant conglomerate, said India is today one of the most attractive opportunities...


23 February 2022
Mukesh Ambani’s Next Big Idea Is To Reduce Price Of Green Hydrogen By 50%

Mukesh Ambani’s Next Big Idea Is To Reduce Price Of Green Hydrogen By 50%

Pursuing its aggressive plans to play a significant role in the green energy sector, RIL wishes to bring down the cost of green hydrogen to a dollar per kilo


08 February 2022
Gautam Adani In List Of World’s Top 10 Richest, Surpasses Mark Zuckerberg, Mukesh Ambani

Gautam Adani In List Of World’s Top 10 Richest, Surpasses Mark Zuckerberg, Mukesh Ambani

With the latest surge in his net worth, Adani has entered the elite club of world's top 10 richest people. The list is topped by Elon Musk with net worth of...


19 January 2022
Reliance Jio Prepays Rs 30,791 Crore, Clears All Spectrum Dues Acquired Before March 2021

Reliance Jio Prepays Rs 30,791 Crore, Clears All Spectrum Dues Acquired Before March 2021

The payments include liabilities pertaining to the spectrum acquired in 2014, 2015, 2016 auctions and the spectrum acquired in 2021, through trading of right...


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