Mumbai: Reliance Industries Limited (“RIL”), Viacom 18 Media Private Limited (“Viacom18”) and The Walt Disney Company (NYSE:DIS) ( “Disney”) today announced that following the approval by the Hon’ble NCLT Mumbai, Competition Commission of India and other regulatory authorities, the merger of the media and JioCinema businesses of Viacom18 into Star India Private Limited (“SIPL”) has become effective (the “JV”). In addition, RIL has invested ₹ 11,500 crore (~US$ 1.4 billi...Read More

Mumbai: Reliance Industries Ltd on August 29 said it will consider and recommend issuing bonus shares at a ratio of 1:1 to its shareholders at a board meeting on September 5. India's most valuable company, in terms of market capitalisation, informed the shareholders about the decision minutes before the 47th annual general meeting of the conglomerate. In his address to the shareholders, Mukesh Ambani spoke about rewarding shareholders amid strong financial performance and expansion of bu...Read More

Ahmedabad: 'Vraj',  a very powerful building in Gujarat for 18 long years is now a hospital. Located opposite Suvidha shipping centre in Paldi area of city, 'Vraj' was Mukesh Ambani led Reliance Industries Ltd (RIL)'s corporate office for Gujarat for 18 years. Rajya Sabha member and Group President of RIL, Parimal Nathwani was heading this office. RIL last year shifted its cooperate office to Jaspur near Vishno Devi cross roads off Sarkhej  - Gandhinagar (SG) highway after a brief temporary ba...Read More

Mumbai: Reliance Industries Ltd (RIL) saw an 11.5 percent rise in revenue, reaching ₹2.58 lakh crore for the fiscal first quarter (April-June) compared to the same period last year, driven by contributions from various segments. Consolidated EBITDA (earnings before interest, taxes, depreciation, and amortization) increased by 2 percent year-over-year to ₹42,748 crore. However, the company's net profit (before minority interests) for the quarter ending June 30 fell by 4.5 percent to ₹17,...Read More

Mumbai: Reliance Industries Ltd (RIL) today announced the results for Q4 FY2023-24, with a 0.1 percent surge in net profit, reaching Rs 21,243 crore for the fiscal fourth quarter compared to the same period last year. Annual revenue at Reliance Industries increased by 2.6 percent to Rs 10 lakh crore, supported by expansions in consumer and upstream sectors, which counterbalanced a decrease in oil-to-chemicals (O2C) revenues due to a 13.5% year-over-year decrease in average Brent crude prices....Read More

Jamnagar: Who's who of Bollywood, Sports and entertainment world have gathered at Reliance Green campus in Jamnagar to attend a three-day bash of Anant Ambani - Radhika Merchant's pre-wedding. Mukesh Ambani in his welcome speech on the first day said each of the guests is VIP for him as a host of the function. Sports person Saina Nehwal in an Instagram video took followers to the tour of a luxury royal tent where she has been offered stay in Jamnagar. An air conditioned tent has a large openi...Read More

Jamnagar: Reliance Industries and Reliance Foundation today announced the launch of their Vantara (Star of the Forest) programme, an umbrella initiative to focus on rescue, treatment, care and rehabilitation of injured, abused and threatened animals, both in India and abroad. Spread over 3000 acres within the Green Belt of Reliance’s Jamnagar Refinery Complex in Gujarat, Vantara aims to be one of the leading contributors to conservation efforts globally. By working with leading experts in anim...Read More