Reliance Industries, the country’s second-most valuable company, is being seen as the next likely candidate from India for the $100-billion market-cap club after Tata Consultancy Services.
Mukesh Ambani’s 5 Quotes Which Chart Reliance Industries Journey To Becoming India’s Most Valued Company
Billionaire Mukesh Ambani the chairman of Reliance Industries has often shared the success story of the oil-telecom conglomerate, often charting RIL’s growth to become one of India’s most valued company by market capitalisation.
Reliance Industries Ltd. and BP Plc will start natural gas production from R-Series gas field in the flagging KG-D6 block in the Bay of Bengal by 2020, the U.K. firm said today.
Reliance Industries Chairman Mukesh Ambani Accepts the ‘Drivers of Change’ Award at the London Ceremony
RIL and its partner BP plc had in the April-June quarter of the current fiscal produced 6.4 mmscmd of gas
Reliance Industries today came out with a set of better-than-expected earnings numbers for the quarter ended December 2017.
The commissioning of hydrocarbon projects worth $20 billion amid rising global oil prices could boost core earnings growth at Reliance Industries (RIL), prompting the Street to likely enhance the future profit target at India’s most valuable company.
The recent rally of global crude oil prices may have made India’s downstream players jittery but stronger crude prices are expected to improve the economics of Mukesh Ambani-led Reliance Industries’ petrochemical projects, according to Mumbai-based brokerage and financial service firm Edelweiss.
Reliance Industries is likely to see a big cash-flow boost as projects of over USD 40 billion start to deliver in full swing this fiscal while capex falls, international brokerage house CLSA said today.
Investors in shares of Reliance Industries cheered the commissioning of the world’s largest refinery off-gas cracker complex at Jamnagar. The stock was higher by around 2 percent intraday