RIL to go big on investments in solar, 5G & retail
Reliance Industries invested ₹99,472 crore and ₹79,667 crore in FY22 and FY21, respectively, for expanding telecom and retail businesses, besides acquisitions.
reliance industries company
May 2022
April 2022
Reliance’s retail arm to be India franchisee of Italian luxury brand Tod's
Reliance Brands has entered into a multi-year franchise agreement with Tod’s to retail its lifestyle brand in India, including footwear, handbags, and accessories.
Future Group: Insolvency looms
Future has a shade over 550 stores left after RIL took over 830 stores for not paying rentals since early 2020. Of these, over 70% are defunct.
Why RIL shares dropped despite 22% rise in Q4 profit?
Shares of Reliance Industries have been falling for the last six sessions and have plunged 9.5% during the same period.
Reliance Industries Q4 results: Profit rises 20%, revenue jumps 35%
For the full financial year FY22, the net profit rose 26.2% YoY to ₹67,845 crore, while gross revenue jumped 47% YoY to ₹792,756 crore.
RIL shares fall ahead of Q4 result; plummet 8% in a week
RIL share price has been falling for the past five sessions and declined 8.4% during this period to hit a three-week low of ₹2,602.40 on the BSE.
Future Retail hits 5% lower circuit for 2nd day after MD resigns
Future Retail shares have been falling for the past nine sessions and dropped 36% during the same period.
RIL shares rally 5% in 4 days; m-cap crosses ₹19 lakh cr as stock hits record high
Boosted by a stellar gain in RIL share price, Mukesh Ambani’s net worth rose by $1.41 billion to $104 billion as of April 29.
Murdoch-Uday Shankar's venture to invest ₹13,500 cr in RIL's Viacom18
Reliance Industries and Viacom18 partner with Bodhi Tree to form mega Indian TV, streaming firm; eyes to transform “streaming-first” approach.
Reliance, TA’ZIZ sign deal for $2 bn chemical project in UAE
Shareholder agreement for the $2 billion chemical joint venture was signed between Reliance and TA’ZIZ to unlock new revenue streams and opportunities for local manufacturers in UAE
