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Reliance Industries Ltd Ril
Business  /  Published 07.01.22

RIL raises record $4bn in foreign bonds

Reliance Industries Ltd (RIL) on Thursday said it has raised $4 billion of bonds in three tranches, setting a record for a dollar-denominated issuance of notes for an Indian company.. The flotation a...
By Our Special Correspondent in Mumbai

Business  /  Published 02.01.22

RIL to raise $5 billion

Reliance Industries Ltd (RIL) is raising up to $5 billion to refinance debt. The oils-to-telecom conglomerate on Saturday said the finance committee of its board of directors have approved a proposal...
By Our Special Correspondent in Mumbai

Business  /  Published 01.01.22

Reliance buys battery tech player

Reliance New Energy Solar Ltd (RNESL), a wholly owned subsidiary of Reliance Industries Ltd (RIL), is acquiring 100 per cent in Faradion Ltd (Faradion) for an enterprise value of £100 million or...
By Our Special Correspondent in Mumbai

Business  /  Published 26.12.21

RIL U-turn on O2C approved

The National Company Law Tribunal (NCLT) has allowed Reliance Industries to withdraw its proposal to demerge its oil-to-chemicals (O2C) business, which effectively rings down the curtain on a two-year...
By Our Special Correspondent in Mumbai

Business  /  Published 08.12.21

Aramco, RIL find new allies

Reliance and Saudi Aramco are forking out in separate directions within weeks of scrapping their proposed mega deal in Reliance’s oil-to-chemicals (O2C) business. Reliance on Tuesday said it wo...
By Our Special Correspondent in Mumbai

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Business  /  Published 09.11.21

Reliance sells last shale gas asset in US

Reliance Industries Ltd (RIL) on Monday fully exited shale gas — a business it had entered a decade ago . The oil-to-telecom conglomerate said that it has sold its holding in EagleFord shale ga...
By Our Special Correspondent in Mumbai

Business  /  Published 22.10.21

RIL, Asian Paints slip

The benchmark Sensex on Thursday remained under pressure, falling more than 336 points, led by Reliance Industries and Asian Paints as investors grappled with concerns over hyper valuations and disapp...
By Our Special Correspondent in Mumbai

Business  /  Published 22.10.21

Aramco boss inducted into RIL board

Shareholders of Reliance Industries (RIL) backed the company’s proposal to appoint Saudi Aramco chairman Yasir al-Rumayyan as an independent director on its board.  The development comes a...
By Our Special Correspondent in Mumbai

Business  /  Published 11.10.21

RIL acquires solar panel leader

Reliance Industries Ltd (RIL) signalled its ambitions in renewable energy with the announcement on Sunday of its acquisition of REC Solar, Europe’s largest solar panel manufacturer for $771 mill...
By Our Special Correspondent

Business  /  Published 02.10.21

RIL extends deal date

Reliance Retail Ventures, the retail arm of Reliance Industries Ltd (RIL), has again extended the timeline to complete its Rs 24,713crore deal with the Future group to March 31, 2022. The deal has be...
By Our Special Correspondent in Mumbai


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