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Brookfield, RIL ink MoU for onshore renewable power, decarbonization equipment manufacturing in Australia

We are establishing these types of global partnerships in manufacturing now to allow us to get started as quickly as possible given the ever-reducing timeline for Australia to reach its first emissions-reductions targets in 2030: Luke Edwards, Brookfield Renewable Head of AustraliaAt Reliance, we are firmly committed to the mission of creating a global clean […]

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RIL to restructure group EPC resources

Mumbai, 21st October 2022: The Board of Reliance Industries Limited (“RIL”) today approved a scheme of arrangement under which the EPC and Infrastructure Undertaking of Reliance Projects and Property Management Services Limited (“RPPMSL”), a wholly-owned subsidiary of RIL is proposed to be demerged into RIL. This demerger, together with the existing EPC team in RIL, […]

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Gautam Adani this week became the world’s third-richest person

Leading Indian businessman Gautam Adani this week became the world’s third-richest person. It’s the first time an Asian person has been into the top three of the Bloomberg Billionaires Index. Reliance Industries Ltd (RIL) set the tone for the future during its 45th annual general meeting, saying it would aim to double its market value […]

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Mukesh Ambani’s RIL becomes Zero Net Debt company

Today First Virtual, 43rd AGM Annual General Meeting (Post-IPO) of RIL Reliance Industries Limited held through Video Conferencing (“VC”) / Other Audio-Visual Means (“OAVM”) from 2 PM onwards. On the occasion RIL Chairman & Managing Director Mukesh D Ambani gave his speech on  becoming a zero Net Debt company at 43rd RIL AGM. Google CEO […]