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Related News for RELIANCE

Future Retail's independent directors turn down Amazon's bailout offer

update 25 Jan 03:34 PM

FRL's independent directors had last week asked Amazon if the e-commerce giant was willing to give a long-term loan to avoid default on repayment of Rs 3,500 crore loan due on January 29. Amazon replied that it was willing to financially assist Future Retail through the Samara Capital deal but the retailer must shelve Rs 24,713 crore deal with Reliance.

Future Group files SC petition to extend payment deadline

update 25 Jan 01:10 PM

In its plea FRL said it lost time and was unable to service the debt as its Rs 25,000 deal with Reliance Retail is locked in court cases due to opposition from Amazon. Future faces the risk of its loan being classified as non-performing assets (NPAs) by the lenders if the retailer fails to pay up Rs 3,500 crore by January 29.

Reliance Standalone December 2021 Net Sales at Rs 117,396.00 crore, up 74.18% Y-o-Y

update 25 Jan 09:44 AM

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Can't accept offer until legally viable, says Future Retail independent director on Amazon proposal

update 24 Jan 08:12 PM

Future Retail's independent directors had last week asked Amazon if it was willing to give a long-term loan to avoid default on repayment of Rs 3,500 crore loan due on January 29. Amazon replied to that saying it was willing to financially assist Future Retail through the Samara Capital deal but the retailer must shelve Rs 24,713 crore deal with the Reliance group.

Ambani’s empire expects bumper profits from global gas crunch

update 24 Jan 04:17 PM

India may raise price cap on deepwater gas by 60%: Reliance

Arbitration dispute: SC directs DMRC, Reliance Infra's DAMEPL to appear before Delhi HC on January 31

update 24 Jan 01:20 PM

A bench of Justices L Nageswara Rao and B R Gavai said the hearing on the execution application does not brook any further delay as it is detrimental to the interest of both the parties.

Rupee falls 9 paise to 74.52 against US dollar in early trade

update 24 Jan 10:59 AM

"The US Dollar has started flat to marginally higher this early Monday morning in Asian trade, as traders are now eyeing the US Fed's January 25-26 meeting and will watch for pointers on the possibility of a pushback from Chairman Jerome Powell over the pace of interest rate increases, which have already been priced in by global investors," Reliance Securities said in a research note.

Buy Reliance Industries, target price Rs 2580: Chandan Taparia

update 24 Jan 09:01 AM

Reliance Industries Ltd., incorporated in the year 1973, is a Large Cap company (having a market cap of Rs 1676511.83 Crore) operating in Diversified sector.

Reliance Consolidated December 2021 Net Sales at Rs 191,271.00 crore, up 54.25% Y-o-Y

update 24 Jan 09:00 AM

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Why sodium is Mukesh Ambani’s big battery bet in the EV race

update 24 Jan 08:13 AM

Ambani’s flagship Reliance Industries Ltd. is in the middle of an ambitious $76 billion clean-energy push. So, it makes sense for him to back a technology that’s as cheap as traditional lead-acid batteries, and requires ingredients that are easy to source.