Reliance Industries

CCI clears Reliance’s 2850 Cr buy of Metro’s local business

Competition Commission of India said that it has cleared Reliance Industries Ltd's Rs 2,850 crore acquisition of the Indian business of German retailer Metro AG. The deal, announced nearly three months ago, will help Reliance strengthen its wholesale format and...

Reliance unveiled India’s 1st hydrogen-powered tech for heavy-duty trucks

Reliance Industries Limited (RIL) and Ashok Leyland unveiled India’s first Hydrogen Internal Combustion Engine (H2-ICE) technology solution for heavy duty trucks. This technology was flagged off by PM Modi at the India Energy Week in Bengaluru. The Hydrogen tech solution...

Hurun Global 500 rankings: India ranked 5th in the list of valuable companies

2022 Hurun Global 500 list India, with 20 of the most valuable companies in the world, has moved into the fifth position among countries that are home to the world’s top 500 firms. Last year, it ranked ninth with eight...

RIL to buy the German Company Metro’s Cash and Carry business in India

Reliance Industries is set to acquire German retailer Metro AG’s Cash & Carry business in India in a deal estimated at around €500. The Reliance-Metro deal includes 31 wholesale distribution centers, land banks, and other assets owned by Metro Cash...

Forbes: Reliance Industries India’s best employer, in top 20 worldwide

According to Forbes' World's Finest Employers rankings 2022, Reliance Industries, the nation's largest corporation by revenues, profits, and market value, is India's best employer and the 20th best company to work for globally. Oil-to-telecom-to-retail conglomerate Reliance, with 2,30,000 employees, is...

KV Kamath appointed as Independent Director of RIL

Reliance Industries has appointed K V Kamath as the Independent Director of the company for a period of five years. The Board of Directors has, at its meeting held, based on the recommendation of the human resources, nomination and remuneration...

Reliance Industries to build world’s largest carbon fibre plant

Reliance Industries chairman Mukesh Ambani has announced to build of India's first and one of the world’s largest Carbon Fibre plants at Hazira, Gujarat. The plants will have a capacity of 20,000 MTPA based on Acrylonitrile feedstock. Overall, in the...