Reliance Industries Ltd unlikely to announce Jio and Retail IPOs at this year’s AGM: JP Morgan
Reliance Limited expectation of Retail and Jio IPO; Report presented by JP Morgan.
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Reliance Limited expectation of Retail and Jio IPO; Report presented by JP Morgan.
Reliance Industries Ltd, owned by billionaire Mukesh Ambani, climbed two spots to No. 53 on Forbes' latest Global 2000 list of public companies worldwide.
Mumbai: Sensex’s opening was at 192 points high at 57,788.25 and Nifty rose to 66 points at 17,289.
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.
RIL from its Jamnagar plant has reportedly sent several shipments of fuel to Europe although the expanse of the demand is still unknown.
The shares of Reliance Industries Ltd surge by 0.14% in today's early trade and hit at Rs. 2525.25 per share.
Reliance emerges out to be the most valuable company with a market capitalisation of INR 16,65,381 crore.
Jio Phone Next is a made-in-India smartphone and also “made for India.” The device is aimed at assisting an estimated 300 million 2G users in India to transition to 4G at an affordable price.
The appointment of Yasir Al-Rumayyan has taken effect from July 19, 2021, for a term of 3 years, RIL said in a statement.
Before its launch on September 10, the company has geared up for the pre-bookings of JioPhone Next by its users, reported 91mobiles.
Tata Consultancy Services and Reliance Industries successively emerged as top companies to race for the $100 billion marks, which they achieved by the year 2018, becoming India's first.
Aramco is eyeing a 20 per cent stake in the Reliance unit, which is roughly $20 billion to $25 billion. Reliance could reach an agreement with Aramco as soon as the coming weeks.
The Nifty Metal index was among the top Nifty gainer with a 1.5 per cent share rate. Oil & Gas, FMCG and Financial Services indexes also reached higher slots.
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