Reliance Industries Current Affairs, GK & News

Reliance Industries Fined

January 2, 2021

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 was the fine imposed on Reliance by SEBI? SEBI imposed Rs 25 crores on Reliance ..

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Krishna Godavari Basin’s R- Cluster

December 22, 2020

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 by Reliance Industries Limited and British Petroleum. What is R Cluster? The R cluster is ..

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Mumbai Indians win IPL for the fifth time

November 11, 2020

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 The Mumbai Indians team is owned by Reliance Industries. Background The BCCI (Board of Control ..

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Reliance Industries to buy Big Bazaar

August 31, 2020

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 Ambani and Champaklal Damani in collaboration founded a company in the name of Reliance Commercial ..

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Reliance Industries at 96th rank in Fortune Global 500 list

August 12, 2020

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 the highest any Indian company has been ranked on the Fortune Global 500 list. Background ..

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Mukesh Ambani now Fourth-Richest Person in the World

August 9, 2020

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 in 2020. The report has been published by the Bloomberg Billionaires Index. Who was the ..

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