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RIL becomes first Indian company to cross Rs 1 lakh crore pre-tax profit

RIL becomes first Indian company to cross Rs 1 lakh crore pre-tax profit
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Reliance Industries: Reliance Ethane Holding invests Rs 853 crore in subsidiaries

Reliance Ethane Holding Pte Ltd. (REHPL), a subsidiary of Reliance Industries, invested Rs 284 crore each in three subsidiaries—Ethane Coral LLC, Ethane Diamond LLC, and Ethane Jade LLC—totaling Rs 852.8 crore ($102.90 million).

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Mukesh Ambani s company sets new record as shares hit all time high, market cap crosses

Shares of the firm rose nearly 15 per cent to reach a record high of Rs 347 apiece on the NSE.

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RIL turns bigger than McDonald s, Netflix as Mukesh Ambani fuelling India s $1 trillion dream

Reliance Industries, owned by Mukesh Ambani, has become the largest wealth creator on Dalal Street with a market capitalization of Rs 20 lakh crore. It is bigger than American giants like McDonald s, PepsiCo, Netflix, and Accenture. RIL is also the only Indian company among the world s 50 most valuable companies and is also one of the top candidates to become India s first $1 trillion stock.

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Singapore International Commercial Court upholds $146 million arbitral award against Reliance Infrastructure

Among other findings, the SICC rejected an allegation by Reliance that a guarantee letter central to the dispute was forged by Shanghai Electric.

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