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Reliance Industries Limited (RELIANCE.BO)

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1,204.70

-43.90

(-3.52%)

At close: 3:59:48 PM GMT+5:30

Meta Platforms, Inc. (META) Among Best Stocks to Buy According to Jericho Capital Asset Management

We recently published a list of Top 10 Stocks to Buy According to Jericho Capital Asset Management. In this article, we are going to take a look at where Meta Platforms, Inc. (NASDAQ:META) stands against other top stocks to buy according to Jericho Capital Asset Management. Jericho Capital Asset Management, founded in 2009 by Josh […]

Insider Monkey 6 days ago

META

RELIANCE.NS
India's Reliance to stop buying Venezuelan oil over US tariffs, sources say

India's Reliance Industries, operator of the world's biggest refining complex, will halt Venezuelan oil imports after the United States announced a 25% tariff on nations buying crude from the South American nation, three sources said on Wednesday. The Indian conglomerate, which last year obtained approval from U.S. authorities to purchase oil from the sanctioned producer, imports an average of 2 million barrels of Venezuelan crude every month, according to LSEG data. U.S. President Donald Trump's executive order says that higher tariffs may be imposed on or after April 2 on all goods imported from any country that buys Venezuelan oil.

Reuters 9 days ago

RELIANCE.NS
Reliance Pauses Buying of Venezuelan Oil After Trump 25% Tariff

(Bloomberg) -- Sign up for the India Edition newsletter by Menaka Doshi – an insider's guide to the emerging economic powerhouse, and the billionaires and businesses behind its rise, delivered weekly.Most Read from BloombergThey Built a Secret Apartment in a Mall. Now the Mall Is Dying.Why Did the Government Declare War on My Adorable Tiny Truck?Trump Slashed International Aid. Geneva Is Feeling the Impact.How SUVs Are Making Traffic WorseParis Votes to Make 500 More Streets Car-FreeReliance Ind

Bloomberg 9 days ago

RELIANCE.NS
OpenAI, Meta in Talks with Reliance for AI Expansion in India

Reliance, OpenAI, Meta Discuss AI Partnership

GuruFocus.com 11 days ago

RELIANCE.NS
OpenAI and Meta reportedly exploring alliance with Reliance in India

OpenAI has plans to leverage Reliance’s business divisions, including its wireless carrier Jio, to distribute its AI offerings.

Verdict 11 days ago

RELIANCE.NS

META
OpenAI, Meta in talks with Reliance for AI partnerships, The Information reports

A possibility being discussed involved a relationship between Reliance Jio and OpenAI to distribute ChatGPT, according to The Information, which cited two sources familiar with the matter. OpenAI also discussed with employees cutting the ChatGPT subscription price to as low as several dollars instead of $20 a month, according to the report, which added that it is not clear if OpenAI has discussed the idea of price reduction with Reliance. Reliance has discussed selling OpenAI's models to its enterprise customers through an application programming interface or API, The Information report added, saying that the Mukesh Ambani-led conglomerate also discussed hosting and running OpenAI models locally, so the data of local customers can be kept within India.

Reuters 12 days ago

RELIANCE.NS

META
OpenAI, Meta Seek Alliance With India’s Reliance: Information

(Bloomberg) -- OpenAI and Meta Platforms Inc. are each seeking a potential alliance with India’s Reliance Industries Ltd., The Information reports.Most Read from BloombergThey Built a Secret Apartment in a Mall. Now the Mall Is Dying.Why Did the Government Declare War on My Adorable Tiny Truck?How SUVs Are Making Traffic WorseTrump Slashed International Aid. Geneva Is Feeling the Impact.These US Bridges Face High Risk of Catastrophic Ship StrikesOpenAI executives have spoken multiple times with

Bloomberg 12 days ago

META

^YH309
Musk’s Starlink Signs Pact With Ambani’s Jio After Rival Bharti

(Bloomberg) -- Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here.Most Read from BloombergICE Eyes Massive California Tent Facility Amid Space ConstraintsHow Britain’s Most Bike-Friendly New Town Got BuiltThe Dark Prophet of Car-Clogged CitiesWashington, DC, Region Braces for ‘Devastating’ Cuts from CongressNYC Plans for Flood Protection Without Federal FundsBillionaire Mukesh Ambani-controlled Jio Platforms

Bloomberg 23 days ago

^YH308

TSLA

RELIANCE.NS
India's Reliance Industries seeks extension for EV battery plant setup

In March 2022, Reliance secured incentives under the government's production-linked incentive (PLI) scheme to establish 5 gigawatts (GW) of local manufacturing capacity for advanced chemistry cells (ACCs). Reliance also said that the unit has received a letter from the Ministry of Heavy Industries imposing a penalty due to the delay. The Indian government launched the incentive scheme to boost local production of batteries as the country aims to increase EV sales in India to 30% of total car sales.

Reuters last month

RELIANCE.NS
India's Reliance says oil ministry raised $2.81 billion demand in gas dispute case

The company has been legally advised that the division bench judgment and this provisional demand are unsustainable and is taking steps to challenge the judgment, Reliance said in an exchange filing, adding it does not expect any liability due to this case. Reliance had earlier said that it would appeal the decision in the country's Supreme Court.

Reuters last month

RELIANCE.NS
India's Reliance launches home-grown cola brand 'Campa' in UAE

The FMCG arm of Mukesh Ambani's Reliance Group said it has partnered with UAE-based food and beverage firm Agthia Group for the launch, but did not disclose any details of the deal, including the financial terms. It was a prominent brand in the 1970s and 1980s, but waned after PepsiCo and Coca-Cola entered India in 1991 and surged in popularity.

Reuters last month

PEP

KO

RELIANCE.NS
Delhi HC rules against Reliance Industries in $1.7bn gas dispute case

The case centres on ONGC's claim that RIL extracted gas migrating from its adjacent blocks.

Offshore Technology last month

RELIANCE.NS
Reliance Industries makes sports drinks debut

Reliance said the Spinner brand would “lead the movement in creating a sports beverage category of up to $1bn in the next three years”.

Just Drinks last month

RELIANCE.NS
Shein makes India comeback via strategic deal with Reliance

The Shein app offers low-cost Western apparel, with dresses for as little as Rs350 ($4).

Retail Insight Network last month

RELIANCE.NS
Billionaire Ambani's Reliance brings Shein back to India after 2020 app ban

MUMBAI (Reuters) -Reliance Retail has launched an app in India to sell fashionwear from China's Shein under a licensing deal, almost five years since Shein's app was banned in the country after getting caught up in a diplomatic tussle. Reliance, owned by billionaire Mukesh Ambani, launched the app on Saturday morning, said a person with direct knowledge of Reliance's launch plans. Neither parent Reliance Industries nor Shein responded to requests for comment outside of business hours.

Reuters last month

RELIANCE.NS
Saks Fifth Avenue Has Designs on India

Saks Global has signed a franchising agreement with the Mumbai-based Reliance conglomerate to launch Saks Fifth Avenue and Saks Off 5th stores in India.

WWD 2 months ago

RELIANCE.NS
Reliance set for best week since June as retail business fuels profit beat

(Reuters) -Shares of Reliance Industries rose nearly 5% on Friday and were set for their best week in six months, as the company beat quarterly profit estimates on a boost from its retail business, which had dragged the stock's performance in 2024. Reliance, India's most valuable company and the second-top heavyweight stock on the benchmark Nifty 50 index, was last up 2.2% and has gained 3.4% this week. "Reliance is back on a growth path after six months of challenges," Morgan Stanley said in a note, adding that "the risk of earnings downgrades" would unwind.

Reuters 2 months ago

RELIANCE.NS
India's Reliance beats Q3 profit estimates on boost from retail, telecom

(Reuters) -Reliance Industries beat expectations for third-quarter profit on Thursday, as its retail business benefited from strong festive demand, while its telecom unit was bolstered by higher cellular tariffs and a rise in 5G subscribers. The Mukesh Ambani-led conglomerate's consolidated net profit rose 7.4% to 185.40 billion rupees ($2.14 billion) in the three months ended Dec. 31. The conglomerate's retail unit, its second-biggest business, reported a near 7% rise in revenue to 795.95 billion rupees, as demand soared in a quarter that coincides with India's festive season and accounts for the bulk of retailers' annual sales.

Reuters 2 months ago

RELIANCE.NS
Transocean Secures $111M Contract Extension From Reliance Industries

RIG secures a contract extension for its ultra-deepwater drillship project, boosting its backlog and emphasizing the demand for deepwater drilling services.

Zacks 3 months ago

RIG

RELIANCE.NS

FTK
Top trending global stocks of 2024

Here are the stocks that have reflected the key market trends of 2024 and have been closely watched by investors.

Yahoo Finance UK 3 months ago

NVDA

ASML

ASMLF

Performance Overview

Return	RELIANCE.BO	S&P BSE SENSEX (^BSESN)
YTD	-0.88%	-3.55%
1-Year	-17.11%	+1.53%
3-Year	-7.71%	+24.34%

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Reliance Industries Limited (RELIANCE.BO)

Meta Platforms, Inc. (META) Among Best Stocks to Buy According to Jericho Capital Asset Management

India's Reliance to stop buying Venezuelan oil over US tariffs, sources say

Reliance Pauses Buying of Venezuelan Oil After Trump 25% Tariff

OpenAI, Meta in Talks with Reliance for AI Expansion in India

OpenAI and Meta reportedly exploring alliance with Reliance in India

OpenAI, Meta in talks with Reliance for AI partnerships, The Information reports

OpenAI, Meta Seek Alliance With India’s Reliance: Information

Musk’s Starlink Signs Pact With Ambani’s Jio After Rival Bharti

India's Reliance Industries seeks extension for EV battery plant setup

India's Reliance says oil ministry raised $2.81 billion demand in gas dispute case

India's Reliance launches home-grown cola brand 'Campa' in UAE

Delhi HC rules against Reliance Industries in $1.7bn gas dispute case

Reliance Industries makes sports drinks debut

Shein makes India comeback via strategic deal with Reliance

Billionaire Ambani's Reliance brings Shein back to India after 2020 app ban

Saks Fifth Avenue Has Designs on India

Reliance set for best week since June as retail business fuels profit beat

India's Reliance beats Q3 profit estimates on boost from retail, telecom

Transocean Secures $111M Contract Extension From Reliance Industries

Top trending global stocks of 2024

Performance Overview