Tag: reliance industries

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Posted in Economy

View: India Inc.’s spending splurge may not trickle down

The carnival of capital expenditure that was awaiting Narendra Modi’s return to power in India seems to have been delayed. That’s partly because the prime…

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crude oil: India's Russian oil imports rise 11.7% in September, data shows
Posted in Economy

crude oil: India’s Russian oil imports rise 11.7% in September, data shows

India’s crude oil imports from Russia rose by 11.7% to about 1.9 million barrels per day (bpd) in September, accounting for about two-fifths of the…

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Mukesh Ambani's Reliance Industries posted a 4.8% decline in net income, totaling 165.6 billion rupees, below analyst expectations for the sixth quarter in a row. Revenue reached 2.35 trillion rupees, reflecting challenges in the oil-to-chemicals sector.(PTI)
Posted in Business

Reliance misses profit estimate on poor show by energy units

Oct 15, 2024 12:07 PM IST Reliance Industries Ltd. reported a 4.8% drop in net income to 165.6 billion rupees, missing analysts’ estimates for the…

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Oberoi Hotel: London to get an Oberoi Hotel by 2028; EIH to form company in the UK
Posted in UK News

Oberoi Hotel: London to get an Oberoi Hotel by 2028; EIH to form company in the UK

NEW DELHI: London is all set to get an Oberoi Hotel by March 2028 and so could other cities in Britain. Oberoi parent EIH on…

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Reliance Industries (RIL) Chairman Mukesh Ambani addresses the 47th annual general meeting, in Mumbai.(PTI)
Posted in Business

Reliance to consider 1:1 bonus in its September 5 board meeting

Aug 29, 2024 05:26 PM IST Reliance Industries announced that its Board of Directors will be meeting on September 5, 2024, to consider a 1:1…

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Nita and Mukesh Ambani with daughter-in-law Radhika Merchant
Posted in Business

Nita Ambani’s special shout-out for choti bahu Radhika Merchant at Reliance AGM | Trending

Aug 29, 2024 05:19 PM IST Reliance Foundation chairperson Nita Ambani gave a special shout-out to her younger daughter-in-law Radhika Merchant during the Reliance AGM….

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Reliance boosts Indian shares to record, Nifty logs longest gaining streak in 17 years
Posted in Business

Reliance boosts Indian shares to record, Nifty logs longest gaining streak in 17 years

By Bharath Rajeswaran Reliance boosts Indian shares to record, Nifty logs longest gaining streak in 17 years BENGALURU, – India’s equity benchmarks hit record highs…

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Disney and Reliance logos are seen in this illustration (Reuters)
Posted in Business

Disney and Reliance may shut down some Hindi and regional channels to get CCI approval for merger

Aug 18, 2024 03:26 PM IST Disney and Reliance may shut some Hindi and regional channels for CCI merger approval, but keep Star Plus and…

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The total number of employees in Reliance Industries was 347,000 in 2023-24, but was 389,000 in 2022-23. (ANI)
Posted in Business

Reliance Industries cut workforce by 11% in 2023-24, retail segment sees highest number of cuts

Reliance Industries Ltd, has reduced its workforce by 11% or by 42,000 people during the financial year 2023-24 compared to the year prior, the Economic…

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Latest news on July 25, 2024: Reliance gets US nod to import oil from Venezuela: Report
Posted in Business

Reliance gets US nod to import oil from Venezuela: Report

Jul 25, 2024 02:11 AM IST Reliance had re-submitted a request to the U.S. in May for authorisation to import crude oil from Venezuela. India’s…

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