Reliance Industries shares rise over 2%; here’s why
Reliance Consumer Products has completed the acquisition of 51% stake in Lotus Chocolate for ₹74 crore.
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May 2023
April 2023
March 2023
Oil stocks up as govt cuts windfall tax on petroleum cude to zero
Levy on petrol, diesel, and aviation turbine fuel has been kept unchanged at zero
RIL gets shareholders, creditors approval for demerger of Jio Financial
As part of demerger, Reliance shareholders will be issued one equity share of Jio Financial for every share they hold in the company.
Reliance Q4 results: Profit jumps 19% to ₹19,299 crore
The Mukesh Ambani-led conglomerate posted a profit of ₹19,299 crore for the fourth quarter.
Reliance Jio Q4 results: Profit jumps 13% YoY to ₹4,716 cr, revenue up 12%
On the sequential basis, Jio’s profit grew by 1.6% in the March quarter, while revenue rose 1.7%.
RIL shares trade flat ahead of Q4; here’s what to expect
Reliance is expected to report single-digit growth in its top and bottom lines, while consolidated EBITDA is seen growing double-digit year-on-year in Q4 FY23.
O2C to drive RIL’s cash flow as retail, FMCG and 5G scale up
Reliance Industries net profit growth is expected to be 4-7% QoQ inQ4, according to research firms
Viacom18 completes deal with Reliance, Bodhi Tree, Paramount Global
Reliance Industries has made an investment of ₹10,839 crore, whereas Bodhi Tree Systems invested ₹4,306 crore in the joint venture.
Reliance shares jump 3% on plan to demerge finserv biz
RIL will hold a meeting of its creditors and shareholders on May 2, 2023, to consider demerger of its financial services business into Reliance Strategic Investments.
Reliance, Tata Power, among others win in round II of solar module PLI
The scheme is expected to bring in an investment of ₹93,041 crore and generate over one lakh direct and indirect jobs.
