Reliance Industries inches up as its arm invests $15 million in Two Platforms Inc

Reliance Industries

Reliance Industries is currently trading at Rs. 2338.00, up by 6.20 points or 0.27% from its previous closing of Rs. 2331.80 on the BSE. The scrip opened at Rs. 2338.00 and has touched a high and low of Rs. 2338.00 and Rs. 2338.00 respectively. So far 1250 shares were traded on the counter. The BSE … Read more

Reliance Industries’ telecom arm tops average 4G download speed chart in February

Reliance Industries’ (RIL) telecom arm — Reliance Jio Infocomm (Jio) has topped the average 4G download speed chart in February 2019. Jio’s 4G network registered an average download speed of 20.9 megabits per second (Mbps). Comparing with the performance of the peers, Bharti Airtel and Vodafone with a speed of 9.4 mbps and 6.7 mbps … Read more

RIL’s arm signs agreement to acquire stake in C-Square

Reliance Industries’ (RIL) wholly-owned subsidiary — Reliance Industrial Investments and Holdings (RIIHL) has entered into an agreement for acquisition of equity shares of C-Square Info Solutions for a cash consideration not exceeding Rs 22.04 crore. RIIHL will further invest an amount of up to Rs 60 crore and is likely to be completed by March … Read more

RIL’s telecom arm adds 1.30 crore subscribers in September

Reliance Industries’ (RIL) telecom arm — Reliance Jio Infocomm (Jio) added a paltry 1.30 crore customers in September 2018. Following this, the company’s total customer base has increased to 25.23 crore with market share of 21.57%. Reliance Industries is India’s largest private sector company. The company’s activities span hydrocarbon exploration and production, petroleum refining and … Read more

Reliance Industries to make fresh investment of Rs 3,000 crore in Odisha

Reliance Industries is planning to make a fresh investment of Rs 3,000 crore in Odisha. The company has emerged as one of the largest investors in the state having already invested Rs 6,000 crore in the State. Most of its investments are in creating digital infrastructure. Reliance Industries is India’s largest private sector company. The … Read more

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