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Reliance Industries
Business  /  Published 15.05.22

Future Retail CFO C.P. Toshniwal quits

Debt-ridden Future Retail’s chief financial officer C.P. Toshniwal has resigned from the company, effective May 12. Toshniwal’s resignation is the recent addition to the string of resigna...
By PTI in New Delhi

Business  /  Published 07.05.22

$100bn Reliance trips on profit

The O2C business saw consolidated revenues rising 44.2 per cent to Rs 145,786 crore from Rs 101,080 crore in the year-ago period while the segment earnings before interest, taxes, depreciation & a...
By Our Special Correspondent in Mumbai

Business  /  Published 28.04.22

Murdoch, RIL funds for Viacom18

Reliance Industries Ltd (RIL) on Wednesday hit a major milestone when it became the first Indian company to reach a market capitalisation of Rs 19 lakh crore (trilion) after its shares touched a 52-we...
By Our Special Correspondent in Mumbai

Business  /  Published 27.04.22

S&P lowers Future bond rating

Standard & Poor’s (S&P) has lowered the rating on Future Retail Ltd’s (FRL) $500 million bonds from CCC- to CC, which implies the bonds  are ‘highly vulnerable&rsqu...
By Our Special Correspondent in Mumbai

Business  /  Published 27.04.22

RIL signs up for Adnoc venture

Reliance Industries on Tuesday said it has signed a shareholder agreement for a $2 billion joint venture in chemicals with TA’ZIZ in the UAE. TA’ZIZ itself is a joint venture between Abu D...
By Our Special Correspondent in Mumbai

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Business  /  Published 24.04.22

RIL backs out of Future deal

Reliance Industries Ltd (RIL) has pulled the plug on its Rs 24,713 crore-deal with Kishore Biyani’s Future group to acquire its retail business — a prospect that loomed earlier this week a...
By Our Special Correspondent in Mumbai

Business  /  Published 23.04.22

RIL stocks up on Russian oil

Reliance Industries, operator of the world’s biggest oil refining complex, has ordered at least 15 million barrels of Russian oil since Russia invaded Ukraine in February, trade sources said. R...
By Reuters in New Delhi

Business  /  Published 22.04.22

RIL nears Rs 19trn feat

The Reliance Industries Ltd (RIL) stock on Thursday hit a new peak and its market capitalisation inched closer to the Rs 19 trillion mark after a brokerage raised the target price on the share, citing...
By Our Special Correspondent in Mumbai

Business  /  Published 11.04.22

RCL resolution delayed

Differences have emerged between the lenders and the RBI-appointed administrator of debt-ridden Reliance Capital Ltd (RCL) over the resolution process of the company’s different subsidiaries or ...
By PTI in New Delhi

Business  /  Published 22.03.22

Bulk buyers invade pumps

Indian bulk diesel buyers are snapping up diesel from retail stations as pump prices are Rs 25 ($0.33) a litre cheaper than their bulk contract prices, a spokesperson for a fuel retail joint venture o...
By Reuters in New Delhi


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