Reliance Industries
Reliance Industries Fined
The Securities and Exchange Board of India (SEBI) recently fined the Reliance Industries Limited and its Managing Director Mukesh Ambani. SEBI also fined two other entities. The fine was imposed for carrying out manipulative trade in Reliance Petroleum Limited. What ..
Month: Current Affairs - January, 2021
Krishna Godavari Basin’s R- Cluster
The Reliance Industries Limited and British Petroleum recently announced the start of gas production from the R cluster. R Cluster is the deepest Off-shore gas field in Asia. It is the first of the three deepwater gas projects jointly developed ..
Month: Current Affairs - December, 2020
Mumbai Indians win IPL for the fifth time
On November 10, 2020, Mumbai Indians won the IPL 2020 Trophy for the fifth time. The team has so far won the title in 2013, 2015, 2017, 2019 and 2020. Rohit Sharma was the captain of the team. Key Highlights ..
Month: Current Affairs - November, 2020
Reliance Industries to buy Big Bazaar
Indian multinational conglomerates Reliance Industries Ltd. which also own its subsidiary Reliance Retail Ventures Ltd. (RRVL), has recently announced the acquisition of the Future Group, on a slump sale basis, for a lump sum of ₹24,713 crores. Reliance Industries Dhirubhai ..
Month: Current Affairs - August, 2020
Reliance Industries at 96th rank in Fortune Global 500 list
Reliance Industries, headed by the Indian Billionaire Mukesh Ambani, has jumped 10 places to break into the world’s top 100 companies on the Fortune Global 500 list. Reliance is ranked 96th in the 2020 ranking released by Fortune. This is ..
Month: Current Affairs - August, 2020
Mukesh Ambani now Fourth-Richest Person in the World
Mukesh Ambani, the Chairman of Reliance Industries, has become the fourth wealthiest person in the world after overtaking the wealthiest European placed at the 4th position as of now. Ambani is now worth $ 80.6 billion after adding $22 billion ..