RIL-ACRE to acquire textile manufacturer, Sintex Industries
Sintex Industries' lenders have approved Reliance Industries' (RIL) and ACRE's joint resolution plan.
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Sintex Industries' lenders have approved Reliance Industries' (RIL) and ACRE's joint resolution plan.
The bids of four businesses, including Reliance Industries and Ola Electric, are expected to be approved by the government for the ACC PLI program.
The assets comprise of the entire patent portfolio of Lithium Werks, production units in China, key business treaties and hiring of current employees
In accordance with a 2017 arbitration ruling, DMRC is obligated to pay Rs 6,330 crore to Reliance Infra's subsidiary. According to the court, the payment must be made by May 31.
Reliance Retail which is the biggest retailer in India has witnessed robust growth over the years which has accelerated a large socio-economic modification on an extraordinary scale in India.
RIL from its Jamnagar plant has reportedly sent several shipments of fuel to Europe although the expanse of the demand is still unknown.
It is a befitting alliance that will boost Sanmina's state-of-the-art manufacturing expertise and Reliance's management and leadership acumen. Sanmina has 4 decades of brilliant expertise in manufacturing electronics.
Throughout the year, the Indian primary market was brisk. In 2021, 63 firms raised a total of Rs.1,18,704 crore through IPOs.
The integration will authorise Reliance's retail firms to advertise products directly to Jio users through the artificial intelligence company, Glance.
Two Platforms Inc intends to apply its AI technology to consumer applications first, followed by entertainment, gaming, and enterprise solutions such as retail, services, education, health and wellness.
On Friday, RIL reported 42% jump in consolidated net profit at ₹18,549 crore for the December quarter, boosted by strong performance in its ARPU, oil-chemicals, retail businesses and significant
The shares of Reliance Industries Ltd surge by 0.14% in today's early trade and hit at Rs. 2525.25 per share.
The scheme was available for acquiring applications till 11 am on 14 January and the technical bids were opened on 15 January.
The company will use the proceeds to refinance its existing debt and will repay the entire amount by 2032 and 2062.
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