Reliance Industries Ltd (RIL) will finalize the site for India’s first pod taxi prototype, the next generation transportation system, according to the terms of the deal between Reliance and SkyTran, announced last week.
Crude oil prices will remain high in the near term, while petrol supply will increase globally, which will reduce the profit a refiner makes from producing fuel, Reliance Industries, which runs the world’s biggest refining complex at Jamnagar, said.
Better credit metrics and a zero default track record with banks is helping large conglomerates, led by Adani group, Mukesh Ambani’s Reliance Industries (RIL), and Tata group, snap up bankrupt companies.
Oil-to-telecom conglomerate Reliance Industries (RIL) has entered into an agreement with Sun Petrochemicals to sell its stake in the Cambay Basin-10 (CB10) block in Gujarat as part of its portfolio rationalisation strategy.
Double Bonanza For Mukesh Ambani’s RIL; Stock Hits Lifetime High, M-cap Crosses Rs 7 Lakh Crore Twice In 1 Week
RIL shares closed at lifetime high today and its market value surged past Rs 7 lakh crore for the second time in a week.
State-owned fuel marketers are pushing back against a regulatory suggestion to allow Reliance Industries Ltd (RIL) to use their pipelines to sell jet fuel at the Mumbai airport.
With fossil fuels losing some of its sheen in the recent years, Reliance Industries Ltd (RIL) has increased its focus towards oil-to-chemicals conversion.
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.