Its now the 4G age. Speed, availability and connectivity are the main issues of the young generation. As the Internet is the primary necessity so for the Internet providing compnies its a bif business opportunity.
Reliance Jio Infocomm Ltd (Jio), the telecom unit of Reliance Industries Ltd (RIL), will launch its much-awaited services on 27 December, a day before the birth anniversary of group founder Dhirubhai Ambani. Bollywood actor Shah Rukh Khan and musician A R Rahman will host the function on December 27.
Amid weak stock markets, top-nine Sensex-listed companies saw a cumulative loss of Rs 58,987 crore in market capitalisation (m-cap) last week, with energy majors Reliance Industries Ltd (RIL) and ONGC taking the steepest hit among the blue-chips.
Reliance Industries Ltd (RIL) has toppled state-owned firm Oil and Natural Gas Corp (ONGC) to become the top Indian firm in a global ranking of energy companies. Billionaire Mukesh Ambani-led Reliance Industries climbed eight positions to grab the 19...
Nine of the 10 most valued companies in the country together added Rs 59,720 crore in market capitalisation over the past week. Mukesh Ambani-led Reliance Industries, FMCG major ITC and leading telecom operator Bharti Airtel emerged as the biggest ga...
Separately, state-run Oil and Natural Gas Corp also signed a preliminary agreement with PDVSA to join exploration efforts in the oil-rich Faja area of Venezuela, the Indian firm said.
RIL is considered frontrunner for buying the stake. It may however face a formidable competition from gas utility GAIL India Ltd which has teamed up with explorer Oil India Ltd (OIL).
At present, Tata Consultancy Services is the only company with a market value of over Rs 4 lakh crore as Reliance Industries has slipped below this level.
IT major Wipro will enter the National Stock Exchange's 50-share Nifty index with effect from September 27, while Reliance Infrastructure would exit.
While BGL and power plants will pay the actual price of imported gas, RCF will pay only $4.2 per million British thermal unit, the rate at which it had contracted KG-D6 gas.
The Sensex gained 0.64 per cent and the broader Nifty traded up 0.63 per cent. Shares in Reliance Industries gained 3.4 per cent after the conglomerate and its partners said they had made a significant gas discovery in the KG-D6 block off India's eas...
In a major revamp of its investment portfolio, Reliance Industries Ltd has sold off its holdings in four banks, HDFC Bank, Axis Bank, Canara Bank and PNB, but has tanked up its holdings in two others -- SBI and ICICI Bank.
Reliance Industries is likely to emerge as the biggest beneficiary after the government raised import duty on polymer products from 5 per cent to 7.5 per cent effective Thursday. The hike in import duty will be applicable on products like PE, PP, PVC...
Reliance General Insurance, part of Reliance Capital, launched a new facility allowing customers to pay premium using mobile phones.
Reliance Securities has tied with payment service provider Atom Technologies to enable traders to make online money transfers.