Trends - Reliance - Business Recorder

Reliance

India’s Reliance to acquire dozens of brands in $6.5bn consumer goods play

MUMBAI: India’s biggest retailer Reliance will acquire dozens of small grocery and non-food brands as it targets...

Published 16 May, 2022 05:42am

Reliance calls off $3.4bn retail deal with India’s Future Group

MUMBAI: India’s top retailer Reliance on Saturday called off its $3.4 billion deal with Future Group, saying it...

Updated 24 Apr, 2022 09:12am

Business & Finance

India’s Reliance defends takeover of Future stores in letter

NEW DELHI: India’s top retailer, Reliance, has privately defended an abrupt takeover of the stores of debt-laden...

Published 31 Mar, 2022 01:10pm

Technology

Amazon accuses India’s Future, Reliance of ‘fraud’ in newspaper ads

NEW DELHI: Amazon.com Inc on Tuesday took out ads in Indian newspapers that accuse Future Retail and Reliance of...

Published 15 Mar, 2022 10:22am

Markets

Indian shares rise

BENGALURU: Indian stocks recovered early losses to close higher on Monday as energy and metal stocks gained, while...

Published 01 Mar, 2022 05:34am

Sports

Amazon, Reliance set to lock horns over India’s cricket media rights

MUMBAI: Amazon’s rivalry in India with oil-to-retail conglomerate Reliance Industries looks set to head to the...

Published 21 Feb, 2022 07:25am

Sports

Amazon, Reliance set to lock horns over India's cricket media rights

MUMBAI: Amazon's rivalry in India with oil-to-retail conglomerate Reliance Industries looks set to head to the...

Published 20 Feb, 2022 07:06pm

Business & Finance

India’s Reliance reports ‘best-ever’ quarter

MUMBAI: Indian oil-to-telecoms giant Reliance Industries reported quarterly earnings Friday that beat analyst...

Published 24 Jan, 2022 06:50am

Markets

Indian shares close higher

BENGALURU: Indian shares recovered early losses to end higher on Monday, boosted by gains in Reliance, Kotak ...

Published 30 Nov, 2021 05:23am

Business & Finance

India's Reliance, Saudi Aramco call off $15bn deal amid valuation differences, sources say

NEW DELHI/DUBAI: Reliance Industries and Saudi Aramco have called off a deal for the state oil giant to buy a stake...

Updated 25 Nov, 2021 06:17pm

India’s Reliance ditches $15bn Saudi Aramco deal

MUMBAI: India’s Reliance oil-to-telecoms giant is abandoning a $15 billion deal for Saudi Aramco to buy a 20...

Published 21 Nov, 2021 02:25am

Business & Finance

India's Reliance ditches $15bn Saudi Aramco deal

MUMBAI: India's Reliance oil-to-telecoms giant is abandoning a $15 billion deal for Saudi Aramco to buy a 20 percent...

Published 20 Nov, 2021 05:02pm

Business & Finance

China exports post surprise 32pc spike

BEIJING: China's exports spiked more than expected in June as countries around the world pushed towards a pandemic...

Published 14 Jul, 2021 03:59am

Markets

Reliance unveils $10bn green energy push

MUMBAI: Indian oil-to-telecom giant Reliance Industries unveiled plans Thursday to invest $10 billion in renewable...

Published 28 Jun, 2021 04:38am

Business & Finance

Google says in cloud partnership with India's Jio in boost to 5G plans

Jio is part of tycoon billionaire Mukesh Ambani's oil-to-retail conglomerate Reliance Industries.

Updated 24 Jun, 2021 02:51pm

Business & Finance

In India, Reliance Retail's private labels revolution spooks global consumer goods makers

Products like Snac tac noodles and Yeah! colas are Reliance’s private label brands - and billionaire Ambani’s not-so-secret weapons as he sets his sights on dominating a grocery market that’s already worth a cool $608 billion and set to grow more than 20% by 2024, according to Forrester Research.

Published 22 Mar, 2021 02:41pm

Markets

Insurance products: Policyholders must read contents before signing documents: SECP

ISLAMABAD: To safeguard the interests of policyholders, the Securities and Exchange Commission of Pakistan (SECP)...

Published 13 Mar, 2021 04:28am

Business & Finance

Reliance partners with Google, Facebook for digital payment network bid

NEW DELHI: India's conglomerate Reliance Industries has partnered with Facebook Inc, Google and fintech player...

Published 28 Feb, 2021 04:55am

Technology

India's Reliance partners with Google, Facebook for digital payment network bid: ET

Set up in 2008, NPCI is a not-for-profit company, which as of March 2019 counted dozens of banks as its shareholders, including the State Bank of India, Citibank and HSBC.
A spokesperson for Infibeam declined comment on the report, saying the company was bound by the confidentiality of process, while Reliance, Google and Facebook did not immediately respond to a request for comment.

Published 27 Feb, 2021 05:58pm

Business & Finance

Foreign commercial banks: Borrowing accounted for 70pc of total external debt in Jan: EAD

ISLAMABAD: Pakistan’s reliance on borrowing from foreign commercial banks accounted for 70 percent of total...

Published 25 Feb, 2021 04:58am

Business & Finance

Amazon to make devices in India for the first time

MUMBAI: Amazon will begin making Fire TV sticks in India, the US tech giant said Tuesday, its first device...

Updated 17 Feb, 2021 09:34am

Business & Finance

Amazon to make devices in India for the first time

Amazon is locked in a battle for dominance with Walmart-backed Flipkart and Reliance as well as thousands of local traders who have accused the US firm of driving them out of business.

Published 16 Feb, 2021 06:56pm

Markets

Indian shares end flat as investors book profits after sharp rally

The blue-chip NSE Nifty 50 index ended 0.07pc higher at 13,567.85 and the benchmark S&P BSE Sensex closed 0.02pc higher at 46,263.17.

Published 15 Dec, 2020 03:59pm

Business & Finance

General Atlantic to invest $498.31 million in Reliance's retail arm

The investment gives Reliance Retail a pre money valuation of 4.29 trillion rupees ($58.17 billion).

Published 30 Sep, 2020 10:23am

Business & Finance

Reliance says KKR to invest $755.1 million in retail arm

KKR's investment will translate to a 1.28% stake in Retail Ventures Ltd, according to Reliance. Reliance, controlled by Asia’s richest man Mukesh Ambani has been looking to expand rapidly online to take on the likes of Walmart Inc’s Flipkart and Amazon.com Inc’s Indian arm.

Published 23 Sep, 2020 09:57am

Business & Finance

India's Reliance denies plans for Amazon mega-deal

Reliance has been fighting Amazon and Walmart for a share of India's online market.

Published 10 Sep, 2020 07:45pm

Business & Finance

Reliance in talks to buy online furniture retail, milk delivery startups: report

The oil-to-telecoms conglomerate's talks with Urban Ladder are at an advanced stage, the report said, citing four unnamed sources briefed on the matter.

Published 17 Aug, 2020 10:32am

Technology

ByteDance in talks with India's Reliance for investment in TikTok: TechCrunch

The two companies began conversations late last month and have not reached a deal yet, according to the report.

Published 13 Aug, 2020 10:32am

Business & Finance

Amid pandemic, investors bet on India's Jio and its giant-killer playbook

And, over the past six weeks, the digital business of Ambani’s Reliance Industries Ltd, known as Jio Platforms, raised a striking $10 billion from global investors.

Published 04 Jun, 2020 01:00pm

Business & Finance

India's Reliance completes massive $7bn rights issue

The firm said in a statement late Wednesday the rights issue was subscribed 1.59 times and attracted "huge investor interest".

Published 04 Jun, 2020 03:16am

Gainers
Losers
Leaders

Stock	Price
Equity Modaraba / Aug 19 First Equity Modaraba(FEM)	8.00 ▲ 1.00 (14.29%)
Unicap Modaraba / Aug 19 Unicap Modaraba(UCAPM)	3.10 ▲ 0.38 (13.97%)
WorldCall Telecom / Aug 19 Worldcall Telecom Limited(WTL)	1.45 ▲ 0.15 (11.54%)
Popular Islamic / Aug 19 Popular Islamic Modaraba(PIM)	9.49 ▲ 0.98 (11.52%)
Pervez Ahmed Co / Aug 19 Pervez Ahmed Consultancy Services Ltd.(PASL)	1.00 ▲ 0.10 (11.11%)
J.A.Textile / Aug 19 J.A. Textile Mills Limited(JATM)	8.10 ▲ 0.74 (10.05%)
B. F. Mod. / Aug 19 B.F. Modaraba(BFMOD)	5.50 ▲ 0.50 (10.00%)
First Fid. Leasing / Aug 19 First Fidelity Leasing Modaraba(FFLM)	2.63 ▲ 0.23 (9.58%)
Int. Knit. / Aug 19 International Knitwear Limited(INKL)	11.25 ▲ 0.96 (9.33%)
Hira Textile / Aug 19 Hira Textile Mills Limited(HIRAT)	2.15 ▲ 0.17 (8.59%)

Stock	Price
Sec. Inv. Bank / Aug 19 Security Investment Bank Limited(SIBL)	5.00 ▲ -0.78 (-13.49%)
Premier Insurance / Aug 19 Premier Insurance Limited(PINL)	6.91 ▲ -0.98 (-12.42%)
Universal Ins. / Aug 19 The Universal Insurance Company Limited(UVIC)	4.51 ▲ -0.44 (-8.89%)
Amreli Steels / Aug 19 Amreli Steels Limited(ASTL)	28.55 ▲ -2.31 (-7.49%)
Al-Khair Gadoon / Aug 19 Al-Khair Gadoon Limited(AKGL)	30.81 ▲ -2.49 (-7.48%)
P.I.A.C.(A) / Aug 19 Pakistan International Airlines Corp(PIAA)	4.80 ▲ -0.38 (-7.34%)
Data Agro / Aug 19 Data Agro Limited(DAAG)	16.70 ▲ -1.24 (-6.91%)
Fazal Cloth / Aug 19 Fazal Cloth Mills Limited(FZCM)	228.00 ▲ -15.99 (-6.55%)
Sapphire Textile / Aug 19 Sapphire Textile Mills Limited(SAPT)	1065.10 ▲ -71.62 (-6.30%)
K-Electric Ltd. / Aug 19 K-Electric Limited(KEL)	3.50 ▲ -0.23 (-6.17%)

Stock	Volume
WorldCall Telecom / Aug 19 Worldcall Telecom Limited(WTL)	169,849,000 ▼ 0.00
Cnergyico PK / Aug 19 Cnergyico PK Limited(CNERGY)	62,752,512 ▼ 0.00
K-Electric Ltd. / Aug 19 K-Electric Limited(KEL)	57,824,000 ▼ 0.00
Pak Refinery / Aug 19 Pakistan Refinery Limited(PRL)	40,903,331 ▼ 0.00
P.I.A.C.(A) / Aug 19 Pakistan International Airlines Corp(PIAA)	19,025,000 ▼ 0.00
G3 Technologies / Aug 19 G3 Technologies Limited(GTECH)	16,774,500 ▼ 0.00
Silk Bank Ltd / Aug 19 Silkbank Limited(SILK)	14,889,000 ▼ 0.00
Hascol Petrol / Aug 19 Hascol Petroleum Limited(HASCOL)	14,878,000 ▼ 0.00
Waves Singer / Aug 19 Waves Singer Pakistan Limited(WAVES)	9,719,000 ▼ 0.00
Pace (Pak) Ltd. / Aug 19 Pace (Pakistan) Limited(PACE)	9,177,500 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Aug 17	215.90
USD PKR Interbank Buying / Aug 17	214.90
USD to Japanese Yen / Aug 17	134.93
USD to Swiss Franc / Aug 17	0.95
Pound Sterling to USD / Aug 17	1.21
Euro to USD / Aug 17	1.02
UK LIBOR % / Aug 17	2.32

Stock	Volume
S&P 500 / Aug 17	4274.04
India Sensex / Aug 17	60260.13
Tokyo Nikkei / Aug 17	28956.39
Nasdaq / Aug 17	12938.12
Hang Seng / Aug 17	19991.94
FTSE 100 / Aug 17	7515.75
Dow Jones / Aug 17	33980.32
Germany DAX 30 / Aug 17	13626.71
France CAC40 / Aug 17	6528.32

Item	Value
Crude Oil USD/Barrel / Aug 17	87.95
Karachi Cotton PKR/37.32 KG / Aug 17	19735.00
Gold 10 Grams PKR / Aug 17	121900.00
Gold Spot USD/Ounce / Aug 17	1766.43
Cotton US¢/pound / Aug 17	114.60

Reliance

Most Popular Articles