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"reliance-industries"

  • Reliance shares fall 4.6 per cent, market value drops by Rs 87,014 crore

    Reliance Industries shares fell over 4 per cent on Friday, eroding Rs 87,014 crore in market value amid a broader market decline. Rising crude prices, policy changes, and global uncertainty contributed to the sharp fall in the heavyweight stock
  • Government claims $2.81 billion from Reliance and BP over alleged KG basin gas siphoning

    The government has claimed $2.81 billion from Reliance Industries Limited and BP for allegedly drawing gas from ONGC’s KG basin fields. The matter is now before the Supreme Court after the Delhi High Court set aside an earlier arbitration award favouring RIL
  • Reliance stays away from Russian oil, public sector firms lap it up

    Reliance Industries halted Russian crude purchases in January as Indian state refiners boosted imports amid steep discounts. IOC and BPCL raised intake, while Nayara Energy continued heavy buying, reflecting shifts driven by sanctions, pricing and evolving supply channels
  • Reliance says not received any Russian oil in three weeks, none expected in Jan

    Reliance Industries confirmed it has not received Russian crude for nearly three weeks and expects none in January, halting imports at its SEZ refinery to comply with EU sanctions, amid reports linking three tankers to its Jamnagar complex
  • Stock markets trade lower in early trade as selling in Reliance Industries, HDFC Bank dents sentiment

    Equity benchmarks Sensex and Nifty fell sharply in early trade amid heavy selling in Reliance Industries, HDFC Bank and others, as investor sentiment weakened following fresh US tariff warnings against India, persistent volatility, and continued foreign fund outflows despite stable domestic fundamentals
  • Mcap of 7 of top-10 most valued firms surges Rs 1.23 lakh cr

    Seven of India’s top-10 valued firms added over Rs 1.23 lakh crore in market capitalisation last week, tracking a broader market rally. Reliance Industries led the gains, while TCS, Infosys and Bajaj Finance saw valuation declines
  • Stock markets rally in early trade, Sensex up 158 points to 85,346.79

    Indian equities opened higher on Friday as Sensex and Nifty gained in early trade, led by Reliance Industries and domestic institutional buying, despite continued foreign investor selling, firm Asian markets, and a modest rise in global crude oil prices benchmark
  • Axis Energy, Reliance top bidders in coal gasification mine auctions

    Axis Energy and Reliance Industries emerged as top bidders in India’s latest coal block auction, targeting UCG-capable blocks. The move supports cleaner coal gasification, syngas and hydrogen production, reduces import dependence, and boosts private sector confidence in energy transition
  • Mcap of 6 of top-10 most valued firms climbs Rs 75,257 cr; TCS, Infosys biggest winners

    Last week, the combined market valuation of six of India’s top-10 firms rose by Rs 75,256.97 crore, led by TCS and Infosys, while HDFC Bank, ICICI Bank, Bajaj Finance, and LIC saw declines amid a 338-point drop in the BSE index
  • Mukesh Ambani visits Guruvayur Temple, pledges Rs 15 crore for new hospital

    Reliance Industries Chairman Mukesh Ambani on Sunday visited the Guruvayur Sri Krishna Temple in Kerala, offered prayers, and donated Rs 15 crore towards a proposed multi-speciality hospital. He also promised technical support for temple elephant care initiatives
  • Mcap of 7 of top-10 most valued firms erodes by Rs 88,635 cr; Airtel, TCS biggest laggards

    Seven of India’s top 10 most valued firms saw their combined market capitalization drop by ₹88,635 crore last week amid weak equities, with Bharti Airtel and TCS leading losses. Reliance, HDFC Bank, and Infosys also declined, while SBI, LIC, and Bajaj Finance gained
  • Reliance to comply with US sanctions; to recalibrate Russian oil imports

    Reliance Industries said it will comply with all applicable sanctions and recalibrate its refinery operations after the US imposed fresh restrictions on Russian oil majors Rosneft and Lukoil. The company said it is assessing the impact on its long-term crude supply deals
  • Proposed Reliance Jio IPO billed as biggest public issue in Indian history

    Hyundai Motor India's Rs 27,870-crore IPO in Oct 2024 is the biggest initial share-sale, surpassing the Rs 21,000-crore offering by LIC in May 2022
  • Mcap of 8 of top-10 most valued firms jumps Rs 1.72 lakh cr; Reliance biggest winner

    Eight of India’s top-10 most valued firms gained ₹1.72 lakh crore in market valuation last week, led by Reliance Industries. TCS, Airtel, ICICI Bank, Infosys, HUL, LIC, and Bajaj Finance also rose, while HDFC Bank and SBI declined
  • Jio eyes global leadership in 6G technology

    As of March 2025, Jio had around 191 million 5G users on its network contributing about 45 per cent to its wireless data traffic
  • Mukesh Ambani draws no salary for 5th year

    However, the promoter group firms that Reliance Industries chairman controls earn a dividend income of Rs 3,655 crore
  • Reliance shares drop nearly 3 pc post Q1 earnings

    Reliance Industries shares fell nearly 3% on Monday due to profit-taking, despite posting a record quarterly profit of ₹26,994 crore in April-June 2025. Strong performances in Jio and retail drove growth, aided by investment sale proceeds and consumer expansion
  • Anant Ambani to earn Rs 10–20 crore annually as Reliance Executive Director

    Anant Ambani, son of Mukesh Ambani, has been appointed Executive Director of Reliance Industries. He will earn ₹10–20 crore annually plus profit-based incentives and perks. The move is part of a succession strategy involving all three Ambani siblings
  • Jio was the biggest risk of my life, says Mukesh Ambani

    The richest Asian said Reliance Industries was investing its own billions of dollars in rolling out 4G mobile networks, which some analysts thought might not work out financially as India was not ready for the most advanced digital technology
  • Sensex and Nifty rebound on FII inflows, Reliance and ICICI Bank buying

    Benchmark indices Sensex and Nifty rebounded on Wednesday after an early dip, driven by fresh foreign fund inflows and gains in blue-chip stocks like Reliance and ICICI Bank. Strong liquidity and optimism around earnings supported the positive sentiment in the markets.
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