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"reliance-industries"

  • Govt sets LPG production targets for refiners; Reliance gets largest quota

    The government has set facility-wise LPG production targets for 21 refineries and upstream companies, creating a domestic supply buffer against import disruptions. The framework mandates infrastructure upgrades, storage capacity and higher production during shortages to reduce India’s dependence on imported cooking gas
  • Reliance, Rolls-Royce plan sovereign combat engine for India’s AMCA

    Reliance Industries and Rolls-Royce have announced plans to jointly develop a sovereign combat engine for India’s AMCA fighter programme. The companies will explore an Aerospace Gas Turbine Complex in India covering engine design, manufacturing, testing and support, strengthening indigenous defence capability
  • 4 top-valued firms add Rs 1.43 lakh crore in market cap last week

    Four of India’s top 10 most valued companies gained nearly Rs 1.43 lakh crore in market capitalisation last week, led by SBI, while six firms lost around Rs 1.23 lakh crore. Sensex and Nifty ended higher despite market volatility and uncertainties
  • Top-10 firms add Rs 2.51 lakh crore in market value; Bajaj Finance leads gains

    The combined market valuation of nine of India's top-10 most-valued companies rose by Rs 2.51 lakh crore last week, led by Bajaj Finance. Strong equity markets, easing crude prices, improved investor sentiment and renewed FII buying supported the gains
  • Stock markets tumble in early trade dragged by HDFC Bank, spike in crude oil prices

    Sensex and Nifty declined sharply in early trade as HDFC Bank and Axis Bank shares fell after earnings, while rising crude prices amid US-Iran tensions increased market concerns. Reliance Industries gained following record quarterly results, offering some support to investors
  • Reliance-BP’s KG-D6 gas output falls 7% in June quarter as decline persists

    Reliance Industries and BP reported a nearly seven per cent year-on-year decline in KG-D6 natural gas production during the June quarter due to natural reservoir depletion. The companies said plans are in place to offset declining output from the deepwater Bay of Bengal block
  • Reliance promoter group raises stake to 50.48 per cent

    The promoter group of Reliance Industries increased its stake to 50.48 per cent during the June quarter through market purchases. Analysts said the move reflects confidence in the company's long-term growth prospects and is viewed positively by investors
  • India’s Russian crude imports hit record high in June: CREA report

    India's imports of Russian crude oil reached a record high in June, rising 34 per cent from May to EUR 4.5 billion, according to CREA. Despite higher export volumes, Russia's oil revenues declined due to lower global crude prices, the report said
  • Reliance Industries shares rise after Jio Platforms files for IPO

    Reliance Industries shares ended over 1 per cent higher after Jio Platforms filed draft papers for a proposed IPO that could become India's largest. Investor sentiment was also supported by Mukesh Ambani's growth roadmap focused on AI, broadband, clean energy and consumer businesses
  • Jio Platforms board approves IPO plan with 27 crore fresh shares

    Jio Platforms has received board approval to file draft IPO papers with SEBI for a fresh issue of up to 27 crore equity shares. Mukesh Ambani said the listing would unlock shareholder value and support Jio's next phase of growth
  • Stock markets climb in early trade on buying in blue-chips

    Indian equity markets opened higher with the BSE Sensex and Nifty 50 gaining on buying in blue-chip stocks like Reliance Industries and ICICI Bank, supported by easing crude oil prices and mixed global market cues
  • RIL, Meta partner to develop 168 MW AI enabled data centre in Gujarat’s Jamnagar

    RIL and Meta and will develop a 168-megawatt AI-focused data centre in Jamnagar, powered by renewable energy. The project strengthens India’s position as a global AI infrastructure hub and supports Meta’s growing computing and data requirements
  • Mcap of 7 of top-10 most valued firms erodes by Rs 1.25 lakh cr

    Indian equity markets fell wiping Rs 1.25 lakh crore from top-10 firms Reliance Industries led losses amid FII selling weak sentiment and monsoon concerns Banks like HDFC Bank ICICI Bank and SBI gained despite broader market decline and volatility pressure
  • NLC India, RIL to jointly explore developing underground lignite gasification project in Gujarat

    NLC India and Reliance Industries will jointly explore underground lignite gasification in Gujarat to boost domestic fuel supply. The project aims to produce synthesis gas, reduce LNG imports, and support India’s coal gasification plan under a Rs 37,500 crore government scheme 
  • KG Basin: SC agrees to fresh request by RIL to resolve dispute with Centre

    The Supreme Court agreed to Reliance Industries’ request for conciliation with the Centre over the Krishna-Godavari basin gas migration dispute. The hearing was adjourned to July, with the court encouraging amicable settlement between RIL, BP, Niko, and the government
  • Mcap of 6 of top-10 most valued firms surges by Rs 74,111 cr; Reliance biggest winner

    Six of India’s top-10 most valued companies added Rs 74,111 crore in market valuation last week, led by Reliance Industries. Gains in Reliance, TCS and ICICI Bank outweighed losses in Bharti Airtel, HDFC Bank and SBI amid volatile stock market conditions and mixed global cues.
  • Rs 2 lakh crore wiped off top firms as Reliance, TCS lead losses

    Seven of India’s top-10 most valued companies lost over Rs 2 lakh crore in market value last week amid weak market sentiment. Reliance Industries and TCS led the decline, while select firms like SBI and Hindustan Unilever posted gains
  • 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
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