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Reliance Industries, 1st Indian Firm to Touch $100 Bn Mark in Annual Revenue

May 8, 2022 18:38

Reliance Industries recently announced a revenue of Rs7.92 lakh crore for financial year ending March 2022, becoming the first ever Indian company to clock $100 billion in annual revenue. The company recorded a revenue of Rs2.11 lakh crore in the January-March 2022 period, marking a significant increase of 36% as compared to the same period last year. The company […]

TA’ZIZ Signs Shareholder Agreement For Ruwais Chemicals Project With Reliance

April 26, 2022 19:07

On Tuesday, Reliance Industries announced that it had signed a shareholder agreement with Abu Dhabi Chemicals Derivatives Company RSC Ltd (TA’ZIZ) for a $2 billion investment in the TA’ZIZ EDC & PVC project. The oil-to-chemicals conglomerate is a strategic partner in TA’ZIZ EDC & PVC, a chemicals development at the TA’ZIZ Industrial Chemicals Zone in […]

Reliance Jio’s Subsea Cable To Connect Maldives Directly To India And Singapore

February 21, 2022 21:11

India’s largest 4G and mobile broadband digital service provider Reliance Jio will provide high speed and high capacity multi-terabit India-Asia-Xpress (IAX) undersea cable system in Hulhumale, Maldives. The high-speed internet system will connect the Maldives to major internet hubs in India and Singapore. Jio’s IAX project is in collaboration with Ocean Connect Maldives. The IAX […]

Reliance Industries Aims To Acquire Sintex Industry

February 3, 2022 11:51

The Mukesh Ambani-led Reliance Industries Limited (RIL) partnered with Assets Care and Reconstruction Enterprise (ACRE) is all set to acquire the debt-ridden Sintex. They have submitted a revised resolution plan to the National Company Law Tribunal (NCLT), Ahmedabad, of Rs 2,700 crore to Rs 2,800 crore to acquire Sintex Industries Ltd. The Reliance Industries Limited […]