Page-3 of Reliance
Jamnagar Refinery to produce only Jet Fuel and Petrochemicals
In light of the growing uncertainty over the future of gasoline-powered cars, one of the world’s largest oil refineries and India’s largest oil refinery, the Reliance Industries owned Jamnagar Refinery has decided to eliminate most of liquid fuels portfolio to ..
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 ..
Month: Current Affairs - August, 2018
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 ..
Month: Current Affairs - July, 2017
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 ..
Month: Current Affairs - July, 2017
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 ..
Month: Current Affairs - September, 2016
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 ..