In a groundbreaking move, Reliance Jio, the digital arm of Reliance Industries (RIL) and India’s largest telecom operator, has announced a strategic partnership with blockchain company Polygon Labs. This collaboration aims to integrate Web3 capabilities into Jio’s existing ecosystem, offering blockchain-powered solutions to its massive customer base of over 450 million users.
Reliance Industries
Reliance Group Partners with Bhutan’s DHI for Major Renewable Energy Projects, Shares Rocket
The shares of Reliance Power (NSE: RPOWER), a subsidiary of Reliance Group, were trading at ₹53.64 up by ₹2.55 or 4.99 per cent on the NSE today at 11 am, a day after Reliance Group entered into a strategic partnership with Druk Holding and Investments Ltd. (DHI), the commercial arm of Bhutan’s government, to develop significant renewable energy projects in the country. The agreement, signed on October 2, 2024, includes plans for a 500 MW solar plant and a 770 MW hydropower project.
Reliance Stock Recoups All Losses Suffered Due To Aramco Deal Collapse
Shares of Reliance Industries Ltd. gained as much as 6.2%, the most in nearly two months, to reach their level before the company scrapped a deal to sell Saudi Arabian Oil Co. a stake in its oil-to-chemicals unit.
Bankrupt Sintex Industries Next on Mukesh Ambani’s list?
In 2017, Amit Patel-promoted Sintex Plastics Technology Ltd, maker of water storage tanks, was demerged from Sintex Industries.
Analyst Call: Reliance Industries, Supreme Industries
- Reliance Industries reinstated ‘hold’ at IDBI Capital Market; Price target: Rs 2,825.
- Supreme Industries raised to ‘hold’ at IDBI Capital Market; Price target: Rs 2,702.63.
- Supreme Industries raised to ‘buy’ at BOB Capital Markets; Price target: Rs 2,735
Reliance Slips Ahead Of Q2 Earnings On Friday | Neal Bhai
Shares of Reliance Industries Ltd. shed 1.31% in intraday trade to Rs 2,696.15 apiece. The company will report its earnings for the September quarter on Friday.
Billionaire Ambani’s Reliance Buys REC Solar for $771 Million
A unit of Reliance Industries Ltd. acquired solar panel manufacturer REC Solar Holdings AS in a deal giving the company an enterprise value of $771 million as the Indian oil-to-retail conglomerate seeks to extend its dominance into alternative energy.
Reliance New Energy Solar Acquires REC Solar Holdings
Reliance New Energy Solar Ltd., a wholly-owned subsidiary of Reliance Industries Ltd., has acquired REC Solar Holdings AS for an enterprise value of $771 million.
Stocks For Today: ICICI Lombard, Jindal Steel, Engineers India, Dr. Reddy’s, Reliance Industries
India’s stock benchmarks closed at record on Friday aided by gains in energy, oil & gas and metal stocks.
Reliance Industries Falls Despite Meeting Estimates In Q2
Reliance Industries Falls Despite Meeting Estimates In Q2 – Shares of the Mukesh Ambani-led oil-to-telecom conglomerate fell as much as 7 percent, the most since Oct. 5, to Rs 1,070.25 despite meeting Bloomberg consensus estimates in July-September quarter.