Reliance, JSW, Amara Raja bid for 10 GWh ACC battery PLI scheme
Bids received are seven times the manufacturing capacity of 10 GWh to be awarded.
reliance industries fortune500 snapshot 3
April 2024
March 2024
Brokerages bullish on RIL post Q4 earnings
Several brokerages raised target price of RIL shares.
RIL clocks record revenue of over ₹10 lakh crore in FY24; pre-tax profit crosses ₹1 lakh cr
Reliance becomes the first Indian company to cross the ₹1,00,000 crore threshold in pre-tax profits, says Mukesh D. Ambani, Chairman and MD, RIL.
RIL Q4 results: Consolidated profit flat at ₹21,243 cr; revenue up 11%
Reliance Industries’ EBITDA grew 14.3% YoY to ₹47,150 crore in Q4 FY24, while the margin improved by 50 basis points YoY to 17.8%.
Jio Financial up 4% post Q4; RIL shares edge higher ahead of earnings
Reliance Industries is slated to release its March quarter earnings post-market hours today.
JFS forms another JV with Blackrock to set up wealth management, broking biz
JFS and BlackRock India had last year formed Jio BlackRock JV to make a foray into the asset management industry
Off-Balance: How Global Equity Indices Undermine India Story
MSCI methodology makes India underweight in global indices. As a result, investors fail to capitalise on Indian equities.
Ambani, Adani join hands as RIL buys 26% stake in Adani Power project
The two tycoons have signed an exclusive arrangement for 500 MW of power purchase by Reliance on a long-term basis
Adani Power, BHEL shares rise up to 4% on thermal project deal
BHEL has received an order worth ₹4,000 crore from Adani Power for setting up the 2x800 MW thermal power plant at Raigarh, Chhattisgarh.
RIL’s new investment cycle to focus on solar, battery factories in FY25
The 5G capital expenditure cycle of Reliance Industries is expected to conclude soon.
