Reliance Industries

TikTok Parent ByteDance in Early Talks With Reliance Industries to Invest in Video App: Report

Reuters | Thursday August 13, 2020

China's ByteDance is in early talks with Reliance Industries Ltd for an investment in its video-based app TikTok's business in India, TechCrunch reported on Thursday, citing sources.

Saudi Aramco Still Chasing $15 Billion Deal With Mukesh Ambani's Reliance

Business | Anthony Di Paola and Matthew Martin, Bloomberg | Monday August 10, 2020

Reliance's shares fell in mid-July after Chairman Mukesh Ambani said a transaction had been delayed "due to unforeseen circumstances in the energy market and the Covid-19 situation."

Mukesh Ambani Eclipses Richest European To Become World's No. 4

Business | Blake Schmidt, Bloomberg | Saturday August 8, 2020

Mukesh Ambani has slowly been shifting his focus to e-commerce, with tech giants seeking to take a piece of India's fast-growing digital business.

Mukesh Ambani Now World's 4th Richest Person: Report

Business | Edited by Sandeep Singh (with inputs from agencies) | Saturday August 8, 2020

Reliance Industries' chairman, Mukesh Ambani, is now the fourth richest person in the world, according to news agency Bloomberg.

India's 10 Most Valuable Companies: Here's A List

Business | Edited by Sandeep Singh | Saturday August 8, 2020

India's Biggest Companies By Market Value: Reliance Industries, TCS and HDFC Bank together account for nearly 56% of the combined market value of the country's 10 biggest enterprises.

These Are India's 10 Most Valuable Companies

Business | Edited by Sandeep Singh | Saturday August 8, 2020

Most Valuable Companies: Reliance Industries, Tata Consultancy Services and HDFC Bank are currently the country's most valuable companies.

Sensex Surges Over 600 Points, Nifty Reclaims 11,050 Led By HDFC Bank, Reliance Industries

Business | Edited By Abhishek Vasudev | Tuesday August 4, 2020

Nine of 11 sector gauges compiled by the NSE were trading higher led by the Nifty Financial Services and Media indexes over 2 per cent gain.

Sensex, Nifty Snap Four-Day Losing Streak Led By HDFC Bank, Reliance Industries

Business | Edited By Abhishek Vasudev | Tuesday August 4, 2020

Mid- and small-cap shares also witnessed buying interest as the S&P BSE MidCap and S&P BSE SmallCap indexes rose over a per cent each.

Opinion: Reliance Makeover Is Being Carefully Watched

Business | Andy Mukherjee, Bloomberg Opinion | Friday July 31, 2020

From entertainment, education and healthcare to 5G for self-driving cars, Jio hopes to collect tiny sums from roughly 400 million subscribers of its core wireless service.

Sensex, Nifty Decline For Third Day In A Row Dragged By Reliance Industries, HDFC Bank

Business | Edited By Abhishek Vasudev | Friday July 31, 2020

The Sensex moved in a band of 450 points and Nifty touched an intraday high of 11,150.40 and low of 11,026.65.

Sensex, Nifty Edge Lower In Early Trade

Business | Edited by Sandeep Singh (with inputs from agencies) | Friday August 7, 2020

HCL Tech, HDFC Bank, Infosys, Hero MotoCorp and ICICI Bank, trading between 1.11 per cent and 163 per cent lower, were the worst hit among the 26 losers in the 50-scrip Nifty basket.

Sensex, Nifty Edge Lower In Choppy Trade; Reliance Industries Falls Nearly 2%

Business | Edited by Sandeep Singh (with inputs from agencies) | Friday July 31, 2020

State Bank of India and Indian Oil were scheduled to report their financial results for the April-June period later in the day.

Reliance Industries Shares Fall As June Quarter Revenue Drops 44%

Business | Edited by Sandeep Singh | Friday July 31, 2020

Reliance Industries said COVID-19 impacted the group's operations and revenue during the quarter.

Reliance Jio June Quarter Profit Nearly Triples To Rs 2,520 Crore

Business | Edited by Sandeep Singh | Thursday July 30, 2020

Billionaire Mukesh Ambani-led Reliance Industries' telecom arm, Reliance Jio Infocomm, on Thursday said its standalone net profit was at Rs 2,520 crore in the quarter ended June 30. That marked a nearly three-fold jump compared to its net profit of Rs 891 crore in the corresponding period a year ago. Reliance Jio's revenue from operations came in a...

Reliance Industries Profit Rises 31% To Rs 13,233 Crore In June Quarter

Business | Edited By Abhishek Vasudev | Thursday July 30, 2020

Billionaire Mukesh Ambani-led Reliance Industries, the country's most valuable company, on Thursday reported a 31 per cent annual growth in its net profit to Rs 13,233 crore in the quarter ended June 30. The oil-to-telecom conglomerate had reported a net profit of Rs 10,104 crore in the corresponding quarter last year. The profit beat analysts' est...