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Tag: RELIANCE

Stock Market Today : State Bank of India and Reliance Industries Surge, Sensex Up 373 Points

Posted on February 7, 2024 By admin
Stock Market Today : State Bank of India and Reliance Industries Surge, Sensex Up 373 Points

Image for representational purposes only. | Photo Credit: The Hindu Equity benchmark indices climbed in early trade on February 7 amid buying in shares of State Bank of India and Reliance Industries along with firm trends in the U.S. markets. Fresh foreign fund inflows also added to the positive momentum in equities. Extending its previous…

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Business

Mukesh Ambani receives 3rd threat email with ₹400 crore demand

Posted on October 31, 2023 By admin
Mukesh Ambani receives 3rd threat email with ₹400 crore demand

File picture of Reliance Industries chairman Mukesh Ambani | Photo Credit: Reuters Reliance Industries Chairman Mukesh Ambani has received a threat email from an unidentified person seeking ₹400 crore, police said on Tuesday. Ambani’s company received the email on Monday. It is the third threat email sent to Ambani in four days, an official said….

Read More “Mukesh Ambani receives 3rd threat email with ₹400 crore demand” »

Business

UK’s Superdry To Sell South Asian Intellectual Property Assets To Reliance For $48 Million

Posted on October 4, 2023 By admin
UK’s Superdry To Sell South Asian Intellectual Property Assets To Reliance For  Million

Superdry’s shares jumped 18% to a near two-month high on Wednesday. Bengaluru: Reliance Retail, India’s largest retailer, will buy UK-based Superdry’s licenses and brand assets in three Asian countries for 40 million pounds ($48 million), expanding its tie-ups with foreign brands and giving the struggling UK fashion retailer much-needed funds. Superdry’s shares jumped 18% to…

Read More “UK’s Superdry To Sell South Asian Intellectual Property Assets To Reliance For $48 Million” »

Business

Gas price for Reliance to be reduced by 14% from next month

Posted on September 19, 2023 By admin
Gas price for Reliance to be reduced by 14% from next month

Representational file image. | Photo Credit: Getty Images The price of natural gas produced from difficult areas like KG-D6 of Reliance Industries is likely to be cut by about 14% from next month in line with softening energy prices, sources said. For the six-month period starting October 1, the price of gas from deep sea…

Read More “Gas price for Reliance to be reduced by 14% from next month” »

Business

All About The Scions Who Will Take Charge Of Reliance Business Empire

Posted on August 30, 2023 By admin
All About The Scions Who Will Take Charge Of Reliance Business Empire

Each child owns a $236 million direct ownership stake in Reliance. Asia’s richest man Mukesh Ambani took another step on Monday to lay out a succession plan at Reliance Industries Ltd. The 66-year-old elevated his three children as non-executive directors to Reliance’s board and said he will spend the next five years of his chairmanship…

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Isha, Akash, Anant Fasten Reliance Board

Posted on August 28, 2023 By admin
Isha, Akash, Anant Fasten Reliance Board

Mukesh Ambani is the chairman of Reliance Industries Restricted (Record) Reliance ushered in a untouched occasion of management with Nita Ambani stepping i’m sick from the board of administrators and making approach for her kids Isha, Akash, and Anant. Isha Ambani, Akash Ambani and Anant Ambani are all set to be appointed non-executive administrators of…

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Business

QIA to invest $1 billion in India’s Reliance Retail Ventures

Posted on August 23, 2023 By admin
QIA to invest  billion in India’s Reliance Retail Ventures

Representational file image | Photo Credit: Reuters Qatar Investment Authority will invest ₹82.78 billion ($1 billion) in Reliance Retail Ventures, the retail arm of India’s Reliance Industries , at a pre-money equity value of ₹8.28 trillion, the companies said on August 23. Reliance Retail Ventures has previously raised about ₹472.65 billion from various global investors,…

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