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Despite enthusiasm over Reliance Industries' bonus issue, RIL's AGM lacked new catalysts for brokerages to raise target prices.

Between April and May last year, RIL mopped up about Rs 25,000 crore via local bonds.

Reliance is in talks with Aramco to sell a fifth of its USD 75 billion oil-to-chemical business.

Macquarie said its earnings estimates for RIL are 15-20% below consensus.

RIL said PIF’s investment marks the end of Jio's current phase of induction of financial partners.

Ambani wants to list both Jio Platforms and Reliance Retail within the next five years.

‘They still have to figure out effective monetisation strategies’

All that cash would flow into the RIL balance sheet over the course of FY21.

"RIL had restructured its digital business into one consolidated wholly-owned subsidiary - Jio Platforms - which would host all the digital...

Analysts said the move could be precursor to a stake sale in the digital business.

Post this move, Jio will only have spectrum-related liabilities on its books, RIL noted.

RIL is aggressively redeeming various funds of late to invest into its soon-to-be-launched telecom arm Jio.

RIL's outstanding debt rose marginally by about one per cent during last fiscal, but the surge in its cash position was much larger.

RIL with a debt of Rs 67,397 cr on its balance sheet is again seen raising billion of dollars of loans along with its subsidiaries to fund ...

The latest truce initiative may give a leg-up to cash-rich Reliance.

Reliance Industries would need to put in atleast $15 billion or even more, if it wants to remain in the race for LyondellBasell. RIL's Lyon...