KKR invests ₹2,069 cr in Reliance Retail at ₹8.4 lakh cr valuation
This is KKR’s second investment in Reliance Retail after an infusion worth ₹5,550 crore in 2020; overall stake buy rises to 1.42%
reliance industries company
September 2023
August 2023
Mukesh Ambani's Quantum Leap
India's richest businessman is ramping up investments in 5G, green energy and FMCG.
Should you buy, hold or sell RIL shares after AGM; here’s what analysts say
Post RIL’s 46th AGM, several analysts have maintained their rating and target price on RIL shares, expecting an upside potential of up to 23%.
Reliance Foundation to support 50,000 students in next 10 years: Nita Ambani
Nita Ambani says that Reliance Foundation envisions connecting with 250 million children across India to provide quality education and employment opportunities.
Reliance Industries to become net zero by 2035: Mukesh Ambani
According to Ambani, the company is well on its way to enhancing gas production to 30 MMSCMD, which will be 30% of India’s gas production and 15% of the current gas demand.
Jio Platforms to develop India-specific AI models: Mukesh Ambani
Jio Platforms wants to lead the effort in developing India-specific AI models and AI-powered solutions across domains
Jio Financial Services to foray into insurance segment: Mukesh Ambani
According to the chairman of Reliance Industries, Jio Financial Services plans to consolidate the payment infrastructure by driving digital payment adoptions in India.
Nita Ambani steps down from RIL board; Isha, Akash, Anant Ambani appointed as directors
Their appointment will take effect from the date they assume office after approval by the shareholders.
RIL, Jio Financial shares open higher ahead of AGM; here’s what to expect
While RIL shares gained 0.3% in early trade, JFSL snapped five sessions losing streak and rose 2.6% on the BSE.
Sensex falls 732 points from day’s high to end 181 points lower; here’s why
Jio Financial Services, Reliance Industries, Power Grid, JSW Steel, Larsen & Toubro, and ONGC contributed the most to the losses in Sensex.
