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Reliance Jio Q2 net profit rises 45.4% yoy, adds 24 million subscribers

Reliance Jio Q2 net profit rises 45.4% yoy, adds 24 million subscribers

Fri, Oct 18, 2019

Reliance Jio (RJIL) today released its quarterly result for the second quarter of 2019-29. The company, which disrupted the telecommunication market with its cheap services years a few years ago, reported a net profit of Rs 990 crore against Rs 681 crore in the same quarter last year.

Teacher Day Stock: Share market experts speak on Indianbulls Housing Finance, Tat Motors, Reliance Industries and L&T stocks

Teacher Day Stock: Share market experts speak on Indianbulls Housing Finance, Tat Motors, Reliance Industries and L&T stocks

Thu, Sep 05, 2019

STock market experts are finding Indiabulls Housing Finance at discounter levels and suggest to take sell position in the NBFC counter while Reliance Industries or RIL, Tata Motors and L&T stocks are strong and showing upside bias.

RIL Q1 FY19 result: Reliance Industries posts Rs 10,104 crore profit

RIL Q1 FY19 result: Reliance Industries posts Rs 10,104 crore profit

Fri, Jul 19, 2019

Reliance Industries (RIL) announced its first quarter (April-June) results for the financial year 2019-20 (FY20) on Friday. The Mukesh Ambani-led company announced a profit of Rs 10,104 crore, down from Rs 10362 crore. Watch this video to know more.

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Reliance Industries: Traceable, recycled bedding to go on sale in US next year

Reliance Industries: Traceable, recycled bedding to go on sale in US next year

Mon, Oct 29, 2018

Reliance Industries Ltd (RIL) on Monday said a new brand of bedding products by home textiles maker GHCL Ltd, Cirkularity, using its ecofriendly high-quality fibre will be available for sale in the United States from the first quarter of 2019.

After Reliance Industries wins $1.55 bn claim case against govt, authorities scramble for solution

After Reliance Industries wins $1.55 bn claim case against govt, authorities scramble for solution

Thu, Aug 02, 2018

The panel headed by Singapore-based arbitrator Lawrence Boo rejected the government’s demand that Reliance and its partners BP plc of UK and Canada’s Niko Resources pay for “unfairly” producing natural gas belonging to state-owned ONGC. All the contentions of the RIL-led consortium were upheld by the majority with a finding that the RIL-led consortium was entitled to produce all gas from its contract area.

26% of RIL Q1 topline, 21% pre-tax profit come from consumer business

26% of RIL Q1 topline, 21% pre-tax profit come from consumer business

Sun, Jul 29, 2018

With Reliance Industries netting as much as 26 per cent of its Rs 1,41,699 crore revenue and 21 per cent of its pre-tax profit from the retail and telecom verticals in the June quarter, chairman Mukesh Ambanis plan to convert the oil-to-telecom conglomerate into a consumer company over the next decade may be closer than the target

Cash-rich Reliance eyes $2.7 b in fresh Fx loans to refinance high cost debt

Cash-rich Reliance eyes $2.7 b in fresh Fx loans to refinance high cost debt

Sun, Jul 29, 2018

The cash-rich Reliance Industries, which also is one of the biggest forex loan borrowers in the country, is set to tap the foreign debt market to raise USD 2.7 billion to refinance its existing high cost debt

Seven of top 10 Sensex firms add Rs 79,929 cr in valuation; ITC shines

Seven of top 10 Sensex firms add Rs 79,929 cr in valuation; ITC shines

Sun, Jul 29, 2018

Seven of the 10 most valued companies together added Rs 79,929 crore in market capitalisation last week in tandem with an overall bullish trend on Dalal Street, with ITC emerging as the biggest gainer.

Seven of top 10 Sensex firms add Rs 53,799.78 cr in valuation

Seven of top 10 Sensex firms add Rs 53,799.78 cr in valuation

Sun, Jul 22, 2018

Seven of the 10 most valued Indian companies together added Rs 53,799.78 crore to their market capitalisation last week, with RIL topping the chart

Market valuation of 9 Sensex firms zooms Rs 1.58 lakh cr; find out which are these

Market valuation of 9 Sensex firms zooms Rs 1.58 lakh cr; find out which are these

Sun, Jul 15, 2018

Combined market capitalisation of nine of the 10 most valued companies surged by a whopping Rs 1,58,882.34 crore last week, helped by an overall strong broader market and smart surge in the valuation of Reliance Industries Ltd (RIL)

Mukesh Ambani re-appointed RIL Managing Director

Mukesh Ambani re-appointed RIL Managing Director

Sat, Jul 07, 2018

Shareholders of Reliance Industries (RIL) have re-appointed Mukesh D. Ambani as the company`s Managing Director for a period of five years commencing from April 19, 2019

JioPhone 2: Check price, specs and features; all you want to know

JioPhone 2: Check price, specs and features; all you want to know

Thu, Jul 05, 2018

The JioPhone 2, which runs on KaiOS and comes with dual-SIM connectivity, sports a 2,000mAh battery, support for storage expansion through a micro-SD card, a 2-megapixel rear camera, VGA front camera and a mono speaker, the report said, adding that buyers will also get 512MB of RAM, 4GB of internal storage, FM, Bluetooth, Wi-Fi, GPS and NFC connectivity in the new phone.

Jio Phone vs Jio Phone 2: Check price, specs and features

Jio Phone vs Jio Phone 2: Check price, specs and features

Thu, Jul 05, 2018

Jio Phone 2 is priced at Rs 2,999 but the amount will not be refunded. The company has, however, introduced a new Jio Monsoon Hungama offer under which buyers can replace their older JioPhone for a new JioPhone 2 for Rs 501.

Reliance Industries AGM 2018: Mukesh Ambani speech; 5 key takeaways

Reliance Industries AGM 2018: Mukesh Ambani speech; 5 key takeaways

Thu, Jul 05, 2018

Ambani said, "We will now extend fiber connectivity to homes, merchants, small and medium enterprises and large enterprises simultaneously across 1,100 cities to offer the most advanced fiber-based broadband connectivity solutions," adding the company's telecom service will move India to top five nations in fixed line broadband in coming year. Ambani said, " We are calling this fiber based broadband service Jio Giga Fiber.

Reliance Industries AGM: 10 Key highlights from Mukesh Ambani's speech

Reliance Industries AGM: 10 Key highlights from Mukesh Ambani's speech

Thu, Jul 05, 2018

Reliance Industries Ltd (RIL) Chairman Mukesh Ambani said today that Reliance has reached an inflection point, and is able to provide consumer business to contribute as much as energy and petrochem, while addressing the 41st Annual General Meeting in Mumbai today.

Reliance Industries AGM: Top 5 things to expect from Mukesh Ambani led company

Reliance Industries AGM: Top 5 things to expect from Mukesh Ambani led company

Thu, Jul 05, 2018

Consumers and investors are eagerly waiting for the launch of JioFiber, the broadband business of telecom subsidiary, Reliance Jio Infocomm. Last year, the AGM launched JioPhone, Reliance Jio's feature phone, which was made available for a refundable deposit of Rs 1,500. This year also all eyes will be on Mukess Ambani.

Reliance Industries 5G push: Mukesh Ambani-led company to acquire telecom solutions firm Radisys

Reliance Industries 5G push: Mukesh Ambani-led company to acquire telecom solutions firm Radisys

Sat, Jun 30, 2018

Reliance Industries 5G push: To further strengthen its foothold in telecom market, the Reliance Industries (RIL), which is India's largest private sector company, has signed a pact to acquire US-based telecom solutions provider Radisys. The buyout of the US telecom solutions provider is expected to strengthen Jio's position in areas like 5G and Internet of Things (IoT)

Six of these Sensex firms add Rs 60,208 cr in valuation

Six of these Sensex firms add Rs 60,208 cr in valuation

Sun, Jun 10, 2018

Six of the top-10 most valued companies added Rs 60,207.86 crore in market valuation last week, with Reliance Industries (RIL) contributing the most to gains.

6 top Sensex firms add Rs 50,248 cr in valuation; find out which are these

6 top Sensex firms add Rs 50,248 cr in valuation; find out which are these

Sun, Jun 03, 2018

While RIL, HDFC Bank, Hindustan Unilever Ltd (HUL), HDFC, Maruti Suzuki India and Kotak Mahindra Bank saw gains in their market capitalisation (m-cap) for the week ended Friday, Tata Consultancy Services (TCS), ITC, Infosys and SBI suffered losse

Five of 10 most valued cos lose Rs 57,333 cr in market valuation

Five of 10 most valued cos lose Rs 57,333 cr in market valuation

Sun, May 20, 2018

The combined market valuation of five of the 10 most valued Indian companies dropped by Rs 57,333.55 crore last week, with Reliance Industries Ltd (RIL) taking the steepest hit

RIL gets green nod for Rs 2,338-cr expansion project in Maharashtra

RIL gets green nod for Rs 2,338-cr expansion project in Maharashtra

Sun, May 20, 2018

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

Nine of top-10 Sensex firms add Rs 65,129 crore in valuation; know here which are these

Nine of top-10 Sensex firms add Rs 65,129 crore in valuation; know here which are these

Sun, May 13, 2018

Tata Consultancy Services (TCS) was the only one to see erosion from its m-cap, while the rest nine companies, including HDFC Bank, ITC, Hindustan Unilever Ltd (HUL) and HDFC registered gains. Over the last week, the m -cap of Reliance Industries Ltd (RIL) soared Rs 21,920.73 crore to Rs 6,26,261.50 crore

Reliance Retail clocks $10 bn in revenues; here is why

Reliance Retail clocks $10 bn in revenues; here is why

Mon, Apr 30, 2018

Reliance Retail clocked revenues of over $10 billion or Rs 69,198 crore during the fiscal 2018 on the back of a strong performance in the digital category comprising consumer and connectivity business. In fact, more than half of the revenue clocked in by Reliance Industries Ltd's retail vertical is contributed by this category alone.

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