Future Group Companies on Wednesday held a shareholder meeting, in accordance with the court instructions, to seek approval for the proposed RS 24,713-Crore deal with Reliance Industries (RIL). Group Company – Future Retail (FRL), Future Companies (FEL), Future Lifestyle Mode (FLF) and Future Consumers (FCL) – Hold their meetings through […]
Tag: Reliance industries
Reliance New Energy Solar acquires 100% stake in Faradion Limited
Energy Reliance Industries, Reliance New Energy Limited (RNESL), has signed a definitive agreement to acquire 100% shares in Faradion limited to 100 million pounds (more than 10 billion rupees), Indian conglomerate said on December 31. “Reliance New Energy Solar Limited (RNESL), a company that is fully owned by the company, […]
How Mukesh Ambani Plans To Avoid Succession Battle: Report
Over the years, Mukesh Ambani has studied the ways in which the billionaire family, from Waltons to Kochs, continues what they wake up for the next generation. Recently, the process has increased, with the richest man in Asia observing the blueprint for the next stage of its empire of $ […]
Reliance Industries slips 4% on calling-off Saudi Aramco deal
Shares of Reliance Industries have been down four in keeping with cent at Rs 2,368.20 at the BSE in Monday’s intra-day alternate after the corporation called-off the address worldwide oil massive Saudi Aramco for a 20 in keeping with cent stake acquisition via way of means of the Saudi corporation […]
Reliance Industries, Saudi Aramco to re-evaluate proposed investment deal in O2C business
Reliance Industries Ltd (RIL) on Friday stated that it had determined with Saudi Aramco to reevaluate the oil giant’s proposed roughly $15 billion funding in Reliance’s oil-to-chemical substances (O2C) enterprise. The 20 percentage stake sale withinside the unit changed into introduced in 2019 however changed into behind schedule as oil […]
Reliance Industries Q1 results: Profit after tax jumps 67% YoY to Rs 13,806 crore, revenue comes in at Rs 1.44 lakh crore
The largest company in India by market capitalization, Reliance Industries (RIL) on July 23 reported a June quarter profit at RS 13,806 Crore, up 66.7 percent year-on-year (yoy), with normalized tax conditions. The income of oil-to-telecommunications conglomerate reaches Rs 1.44 lakh crore. However, numbers based on sequential impacts due to […]