Reliance Industries Limited (RIL) Current Affairs, GK & News

Forbes’ Global 2000 list of public companies

The 20th annual Forbes Global 2000 list of public companies was recently released. What is the list about? It is an annual ranking of the top 2000 public companies of the world by Forbes magazine. The companies are ranked considering four parameters: market value, sales, profits, and assets captured during the last 12 months ending ..

Month: 

Category: 

Topics: 

Why did CCI slap ₹200 crore fine on Amazon?

Recently, the Competition Commission of India (CCI) fined US e-commerce giant, Amazon with Rs 200 crore. Highlights CCI has also suspended the 2019 Amazon deal with Future Coupons, a unit of Future Retail Ltd. Amazon was fined for concealing facts while obtaining approval for this deal. What does CCI order say? According to CCI order, ..

Month: 

Category: 

Topics: 

TCS: 2nd Indian company to cross m-cap of Rs 13 lakh crore

TCS company has become the second Indian company to cross the market value of Rs 13 lakh crore on August 17, 2021. Key Points This mark was achieved by the company after seventeen years it sold its stock for the first time in public debut. TCS has become the second company after Reliance, in India ..

Month: 

Category: 

Topics: 

Oil ministry authorizes new companies to sell automobile fuels in India

India’s Ministry of Petroleum and Natural Gas has granted authorisations to seven companies for selling of auto fuels in the country. Key Points These new approvals come under the relaxed guidelines for authorization to market transportation fuels which were revised in the year 2019. Under these norms Reliance Industries (RIL) were granted authorisation. RBML Solutions ..

Month: 

Category: 

Topics: 

RIL launches New Clean Energy Business

Reliance Industry has announced to launch a new clean energy factory to make solar photovoltaic cells for next three years. New Clean Energy Business Mukesh Ambani will launch a Rs 75,000 crore investment project. It will be launched to set up four ‘Giga’ factories in order to make solar photovoltaic cells, green hydrogen, batteries and ..

Month: 

Category: 

Topics: 

Future-Amazon Dispute: Future Group challenges Delhi HC order

The Future Group has challenged the Delhi high court order that banned the sale of its assets to Reliance Industries Ltd (RIL). The Delhi HC had banned the sale on objections retail giant Amazon. Background The high court put a hold on Future Group’s the ₹24,713-crore retail deal with the Mukesh Ambani led Reliance Industries The ..

Month: 

Category: 

Topics: