Without the $15b Aramco deal, where is Reliance headed?

Reliance scrapped a plan announced 2 years ago to sell a 20% stake in its oil business to Saudi Aramco. However, this $15b deal was called off on Friday.... Read more »

What surprise will Reliance Industries spring even as Aramco eyes stake

This is the summer of Reliance Industries. India’s largest firm by market capitalisation is expected to announce market beating results even as the world’s largest oil producer Aramco is... Read more »

Reliance Industries acquires ITC’s John Players for Rs 150 crore.

Reliance Retail Ltd (RRL), the retail arm of Reliance Industries said on Tuesday that it has bought ITC Ltd’s menswear brand John Players. The acquisition will bolster RRL’s readymade... Read more »

Reliance Infrastructure wins Rs 648 crore contract from AAI, share surge 6%

Shares of Reliance Infrastructure have increased 6 per cent in intra-day trade on Tuesday after Anil Ambani-led company said it has received the Letter of Award (LOA) from the... Read more »

Reliance Industries Limited announces its financial performance for the quarter/nine months ended 31st Dec, 2018

Reliance Industries Limited (RIL) reported its financial performance for the quarter/nine months ended 31st December, 2018. Reliance Jio Infocomm Limited announced the launch of VoLTE based inbound International roaming between... Read more »

Reliance’s MSO Acquisitions Beneficial for RJio and MSOs

India Ratings and Research (Ind-Ra) believes that Reliance Industries Limited’s  acquisition of majority stakes in two multiple system operators (MSOs) – Hathway Cable & Datacom Ltd (Hathway; IND A-/RWP)... Read more »

Anti-dumping Duty on Chinese High Tenacity Polyester Fibre to Improve Competitiveness of Domestic Firms

India Ratings and Research (Ind-Ra) expects the imposition of an anti-dumping duty on high tenacity Chinese polyester fibres to benefit domestic manufactures. The duty will smear away any import... Read more »

RIL acquires Radisys Corporation for $74 mn

 Radisys Corporation, an open telecom solutions provider, and Reliance Industries Limited (RIL), have entered into a definitive agreement under which RIL will acquire Radisys for $1.72 per share in... Read more »