Page-3 of Reliance Current Affairs, GK & News

Reliance Industries become first Indian company to cross Rs. 8 trillion market cap

Mukesh Ambani-led oil-to-telecom behemoth Reliance Industries Ltd (RIL) became first Indian company to cross Rs 8 lakh crore ($114 billion) market capitalisation. This record m-cap of RIL also bumped up Mukesh Ambani’s (India’s richest man) wealth to over $48 billion (according to Bloomberg Billionaires Index). M-cap is value of company that is traded on stock ..

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Reliance Defence launches first two Navy ships Shachi and Shruti

Reliance Defence and Engineering Limited (RDEL) launched the first two Naval Offshore Patrol Vessels (NOPVs) — Shachi and Shruti at their shipyard in Pipavav, Gujarat. These two NOPVs are the first warships to be launched by a private sector shipyard in India. These ships are part of a five-ships being constructed for the Indian Navy ..

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Reliance Industries market capitalisation hits Rs 5 lakh crore mark

Mukesh Ambani-led Reliance Industries Limited (RIL) for the first time in its trading history has crossed Rs 5 lakh crore in market capitalisation. The market cap of RIL stood at Rs 5,04,458.09 on BSE (Bombay Stock Exchange. RIL is second firm to cross Rs 5 lakh crore in market capitalisation. It is also RIL’s highest ..

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Reliance Communications and Aircel to be merged

Anil Ambani led Reliance Communications (RCom) has signed a deal with Maxis Communications Berhad (MCB) for merger of wireless businesses of Aircel Limited with itself. The merger is considered as the largest-ever consolidation in the Indian telecom sector. The merged entity will be country’s fourth-largest phone company in terms of customers and revenue. Key Facts ..

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RDL inks MoU with AP Government to set up naval facility at Visakhapatnam

Reliance Defence Ltd (RDL) has inked Memorandum of Understanding (MoU) with Andhra Pradesh Government to set up a world class naval facility in the state. It was announced by Andhra Pradesh Chief Minister N. Chandrababu Naidu during the CII Partnership Summit titled ‘Sunrise Andhra Pradesh Investment Meet’ in Visakhapatnam. The proposed naval facility will be ..

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