Mumbai: At the Private Reception in Washington, Mrs. Nita and Mr. Mukesh Ambani extended their congratulations to President-Elect Mr. Donald Trump ahead of his inauguration. With a shared optimism for deeper India-US relations, they wished him a transformative term of leadership, paving the way for unprecedented progress and collaboration for the two nations and the world. Mukesh Ambani, Chairman of Reliance Industries, and his wife Nita Ambani are set to attend Trump's swearing-in ceremon...Read More

Mumbai: Reliance Industries Ltd posted a 12 percent year-on-year increase in consolidated net profit to a record high of Rs 21,930 crore for the quarter ended December 31, driven by strong performances in its digital services, retail and oils-to-chemicals businesses. RIL's Q3 revenue rose 7.7 percent to Rs 2.67 lakh crore from a year earlier, while EBITDA climbed 7.8 percent to Rs 48,003 crore. EBITDA margin expanded 10 basis points from a year earlier to 18 percent. It widened 1 percentage p...Read More

Jamnagar: Mukesh Ambani, Chairman and Managing Director of Reliance Industries Ltd, recently addressed employees in Jamnagar to mark the 25th anniversary of the company's flagship refinery. He emphasised that Jamnagar is set to be a platform for long-term growth, not just for Reliance, but also for its employees and future generations. "Jamnagar is not only the best oil refinery in the world, it has the biggest gigafactory in the world, the biggest solar energy and fourth is the world's artif...Read More

Jamnagar: The largest oil refinery of the world by Reliance at Moti Khavdi in Jamnagar is completing 25 years of operations, for which a series of events are planned at the refinery complex. On Tuesday, number of star kids from Mumbai could be spotted on the Jamnagar airport arriving to participate in the events. The refinery complex is decorated for the events. The refinery was commissioned in 1999 with an installed capacity of 668,000 barrels per day (106,200 m3/d). Its current installed capac...Read More

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