Page-2 of Reliance Industries Limited (RIL)
RIL becomes first Indian Company to be valued at USD 150 Billion
In rupee term, Mumbai based Indian Multinational conglomerate company, Reliance Industries Limited (RIL) on 19th June 2020 was valued at USD 150 billion following a rise in the share market, this also made RIL the first-ever Indian company to achieve ..
Month: Current Affairs - June, 2020
ONGC overtakes India Oil Corp as Most Profitable PSU
The Oil and Natural Gas Corporation (ONGC) overtook India Oil Corporation (IOC) by regaining crown of being India’s most profitable Public Sector Undertakings (PSU). Key Highlights In the previous two financial years (2016-17 and 2017-18) ONGC had lost the most ..
Month: Current Affairs - June, 2019
Nita Ambani became First woman director on Reliance board
Nita Ambani, wife of Reliance Industries Chairman Mukesh Ambani, became the first woman to be appointed on the board of the country’s largest private company Reliance Industries Limited (RIL). The appointment of Nita Ambani on the board of Reliance Industries Limited ..
Month: Current Affairs - June, 2014
Reliance India Ltd acquires Network18
Mukesh Ambani owned Reliance Industries Ltd (RIL) is buying a majority stake in Raghav Bahl’s Network18 Media and Investments and its subsidiary TV18 Broadcast through Independent Media Trust (IMT), of which RIL is the only beneficiary. The RIL gave nod ..
Month: Current Affairs - May, 2014
CCEA allowed RIL Higher Gas Prices in Lieu of Bank Guarantee
The Cabinet Committee on Economic Affairs (CCEA) allowed Reliance Industries Ltd (RIL) to sell natural gas at the revised doubled price from April, 2014 provided the firm gave a bank guarantee. The contractor would be allowed to sell D1 and ..
Month: Current Affairs - December, 2013
IOC ranked No.1 on India’s Fortune 500 list
According to the latest annual list of Fortune 500 companies in India published by business magazine Fortune, state-run Indian Oil Corp (IOC) is country’s biggest company in terms of annual revenue, followed by Mukesh Ambani-led private sector giant Reliance Industries at ..