Reliance Industries Limited today said it has completed acquisition of close to 73 per cent stake in artificial intelligence-based education technology provider Embibe.
Reliance Industries Ltd. is making room to add as much as Rs 200 billion ($3 billion) to borrowings, using its cash buffer to manage rising funding costs and $13 billion of maturities over the next three years.
Reliance Industries (RIL) has received environment clearance for the expansion and optimisation of its petrochemical complex at Nagothane in Raigad district of Maharashtra at an estimated cost of Rs 2,338 crore.
High capital spending might prove to be a rating constraint for Mukesh Ambani-led Reliance Industries Ltd (RIL), rating agency Moody’s said in its report on Monday.
Reliance Industries (RIL) on Friday reported Rs 9,435 crore consolidated profit for the March quarter, its highest quarterly profit.
Reliance Industries (RIL) has been asked by the Directorate General of Hydrocarbons (DGH) to relinquish two deep-sea satellite gas discoveries—D6 and D19—in the KG-D6 block, off India’s east coast after the company told the regulator that it had no immediate plan to develop these fields.
Reliance Industries Ltd (RIL) and partner BP India have put up their oil and gas block at Gujarat’s Cambay basin for sale, two people aware of the development said.
Reliance Industries Ltd (RIL), Essar Oil Ltd, Oil and Natural Gas Corp. Ltd (ONGC) and Torrent Power Ltd are among companies planning to bid for the ninth round of city gas distribution (CGD), two people aware of the matter said.
Reliance Industries Chairman Mukesh Ambani Accepts The ‘Drivers Of Change’ Award At The London Ceremony
RIL’s demonstration of boldness was recognized by a panel of FT journalists and independent judges who selected the company out of six shortlisted businesses.
A government oversight panel headed by DGH today approved USD 4 billion investment plan of Reliance Industries and BP plc for developing three sets of natural gas discoveries in the KG-D6 block in the Bay of Bengal.