Edition:
United Kingdom

Reliance Industries Ltd (RELI.NS)

RELI.NS on National Stock Exchange of India

1,210.60INR
11:28am BST
Change (% chg)

Rs22.90 (+1.93%)
Prev Close
Rs1,187.70
Open
Rs1,190.00
Day's High
Rs1,217.20
Day's Low
Rs1,184.30
Volume
5,299,536
Avg. Vol
7,086,565
52-wk High
Rs1,231.70
52-wk Low
Rs765.00

Latest Key Developments (Source: Significant Developments)

State Bank Of India Says SBI YONO To Integrate With Reliance MyJio Platform
Thursday, 2 Aug 2018 

Aug 2 (Reuters) - State Bank of India ::STATE BANK OF INDIA SAYS MOU SIGNED BETWEEN SBI AND RELIANCE INDUSTRIES LIMITED.SBI YONO TO INTEGRATE WITH RELIANCE MYJIO PLATFORM.  Full Article

Radisys Q2 GAAP Loss Per Share $0.12
Tuesday, 31 Jul 2018 

July 31 (Reuters) - Radisys Corp ::RADISYS REPORTS SECOND QUARTER 2018 RESULTS.Q2 NON-GAAP EARNINGS PER SHARE $0.06.Q2 GAAP LOSS PER SHARE $0.12.Q2 REVENUE $24.4 MILLION VERSUS I/B/E/S VIEW $20.6 MILLION.Q2 EARNINGS PER SHARE VIEW $-0.07 -- THOMSON REUTERS I/B/E/S.DUE TO PENDING ACQUISITION, COMPANY WILL NOT BE PROVIDING GUIDANCE ON ANTICIPATED FINANCIAL RESULTS FOR FUTURE PERIODS.  Full Article

Reliance Industries says in talks to buy 5 pct stake in tech firm VAKT for $5 mln
Friday, 27 Jul 2018 

July 27 (Reuters) - Reliance Industries Ltd ::Says in discussions to buy 5 percent stake in tech firm VAKT Holdings Ltd for up to $5 million.  Full Article

Reliance Industries Exec Says Doesn't See GRM Impacted Going Forward
Friday, 27 Jul 2018 

July 27 (Reuters) - Reliance Industries Ltd's Joint CFO V Srikanth, Reliance Jio's Head of Strategy, Anshuman Thakur::EXEC SAYS IRAN IS VERY SMALL PORTION FOR US; FROM NOVEMBER, WE WILL BE COMPLIANT TO THE SANCTIONS ON IRAN.EXEC SAYS LOTS OF GRADES OF CRUDE THAT CAN BE TAKEN FROM IRAQ AND SAUDI ARABIA.EXEC DEMAND FOR OIL WILL STAY FIRM IN THIS QUARTER ALSO.EXEC SAYS DO NOT SEE GRM TO BE IMPACTED GOING FORWARD.EXEC SAYS PETCHEM HAS RAMPED UP FULLY AND THERE WILL BE NO FURTHER VOLUME INCREASE.EXEC SAYS CONSUMER BUSINESS CONTRIBUTION FROM HERE WILL KEEP GOING UP.EXEC SAYS NO PAYMENT HAS BEEN MADE FOR RCOM SO FAR.EXEC SAYS THROUGH RELIANCE RETAIL, CO WILL NOW EXPAND INTO SMALLER CITIES.  Full Article

Reliance Jio Infocomm Posts June Qtr Profit
Friday, 27 Jul 2018 

July 27 (Reuters) - Reliance Jio Infocomm::JUNE QUARTER NET PROFIT 6.12 BILLION RUPEES VERSUS LOSS 212.7 MILLION RUPEES.JUNE QUARTER TOTAL INCOME 81.10 BILLION RUPEES VERSUS 3 MILLION RUPEES LAST YEAR.JUNE QUARTER ARPU 134.5 RUPEES /SUB PER MONTH.RELIANCE JIO SUBSCRIBER BASE 215.3 MILLION AS ON JUNE 30, 2018.  Full Article

Reliance Industries June-Qtr Profit Rises
Friday, 27 Jul 2018 

July 27 (Reuters) - Reliance Industries Ltd ::JUNE QUARTER CONSOL NET PROFIT 94.59 BILLION RUPEES VERSUS PROFIT OF 91.08 BILLION RUPEES LAST YEAR.JUNE QUARTER CONSOL REVENUE FROM OPERATIONS 1.33 TRLN RUPEES VERSUS 905.37 BILLION RUPEES LAST YEAR.JUNE QUARTER PROFIT 88.20 BILLION RUPEES VERSUS PROFIT OF 81.96 BILLION RUPEES LAST YEAR.JUNE QUARTER REVENUE FROM OPERATIONS 954.72 BILLION RUPEES VERSUS 704.34 BILLION RUPEES LAST YEAR.CONSENSUS FORECAST FOR JUNE QUARTER STANDALONE PROFIT WAS 86.43 BILLION RUPEES.  Full Article

Reliance Industries June Qtr GRM $10.5/bbl
Friday, 27 Jul 2018 

July 27 (Reuters) - Reliance Industries Ltd ::JUNE QUARTER GROSS REFINING MARGIN (GRM) OF $10.5/BBL.RELIANCE INDUSTRIES - OUTSTANDING DEBT AS ON 30TH JUNE, 2018 WAS 2.42 TRLN RUPEES COMPARED TO 2.19 TRLN RUPEES AS ON 31ST MARCH, 2018.FALL IN OIL AND GAS PRODUCTION WAS MAINLY ON ACCOUNT OF NATURAL DECLINE, COMPOUNDED BY WATER AND SAND INGRESS.CONTINUING STRENGTH IN GLOBAL DEMAND FOR OIL PRODUCTS & STRINGENT ENVIRONMENTAL NORMS FOR MARINE FUELS AUGURS WELL FOR REFINING BUSINESS.CASH AND CASH EQUIVALENTS AS ON 30TH JUNE, 2018 WERE AT 794.92 BILLION RUPEES COMPARED TO 780.63 BILLION RUPEES AS ON 31ST MARCH, 2018.AT CHEVRON JV, DRILLING ACTIVITY IS EXPECTED TO START IN 4Q CY18.  Full Article

RPT-Mukesh Ambani Says Reliance Will Connect 50 Million Users Through Its Fibre Platform
Thursday, 5 Jul 2018 

July 5 (Reuters) - Reliance Industries Ltd ::MUKESH AMBANI SAYS WE WILL UPGRADE ALL OUR FUELS (NOT FIELDS) TO HIGH VALUE PRODUCTS OVER THE NEXT DECADE.INDIA'S RELIANCE INDUSTRIES CHAIRMAN MUKESH AMBANI SAYS ADDING CARBON FIBRE AND COMPOSITES TO PORTFOLIO OF PETCHEM PRODUCTS.MUKESH AMBANI SAYS AIMING TO TRANSFORM PETCHEM FROM CYCLICAL BUSINESS TO ANNUITY BUSINESS.MUKESH AMBANI SAYS HYDROCARBON BUSINESS IS POISED FOR ROBUST VALUE CREATION IN THE FUTURE.MUKESH AMBANI SAYS COAL BED METHANE PRODUCTION SECOND PHASE HAS BEEN STARTED TO DOUBLE PRODUCTION.MUKESH AMBANI SAYS RELIANCE WILL CONNECT 50 MILLION USERS THROUGH ITS FIBRE PLATFORM.  Full Article

India's Reliance Inds Chairman: Targets 100 Mln Users On Jio Phone Platform
Thursday, 5 Jul 2018 

July 5 (Reuters) - Reliance Industries Ltd ::INDIA'S RELIANCE INDS CHAIRMAN MUKESH AMBANI SAYS CUSTOMERS CAN EXCHANGE NEW UPGRADED JIO FEATURE PHONE WITH OLD FEATURE PHONE FOR 501 RUPEES.INDIA'S RELIANCE INDS CHAIRMAN MUKESH AMBANI SAYS TO SELL JIO PHONE 2 FOR 2,999 RUPEES FROM AUG. 15.INDIA'S RELIANCE INDS CHAIRMAN MUKESH AMBANI SAYS TARGETS 100 MILLION USERS ON JIO PHONE PLATFORM IN SHORTEST POSSIBLE TIME.MUKESH AMBANI SAYS WILL START TAKING REGISTRATIONS FOR SETTING UP FIBRE NETWORK FROM AUG. 15.MUKESH AMBANI SAYS TO INTEGRATE RETAIL WITH JIO'S DIGITAL INFRASTRUCTURE.  Full Article

India's Reliance Inds Exec Says To Launch Upgrade Of Jio Feature Phone Called Jio Phone 2
Thursday, 5 Jul 2018 

July 5 (Reuters) - Reliance Industries Ltd ::INDIA'S RELIANCE INDS EXEC SAYS TO LAUNCH UPGRADE OF JIO FEATURE PHONE CALLED JIO PHONE 2.INDIA'S RELIANCE INDS EXEC ANNOUNCES LAUNCH OF FIBRE TO HOME SERVICE AND HOME ENTERTAINMENT SOLUTIONS.INDIA'S RELIANCE INDS EXEC ANNOUNCES LAUNCH OF SMART HOME SOLUTIONS WHICH WILL RIDE ON FIBRE NETWORK.  Full Article

Indian shares dip for second session as rupee hits record low

Aug 13 Indian shares fell for a second straight session on Monday tracking weak Asian peers, with financials accounting for more than half of the losses on the NSE index and the rupee hitting an all-time low against the dollar.