Germany's NexWafe raises Rs 265 crore from RIL, Aramco Ventures and Athos Venture among othersDavor Sutija, CEO, NexWafe, said: “This investment marks the start of NexWafe’s plan to raise substantially larger funds in the second half...
31 May, 2023, 01.13 PM IST
Ambani formally unveils Reliance succession planWhile his children already hold various directorships in the group's unlisted firms, this June Ambani stepped down as the chairman of India...
30 Aug, 2022, 09.00 AM IST
Green energy business to outshine existing ones in 5-7 years: Mukesh Ambani"Over the next 12 months our investments across the Green Energy value chain will gradually start going live, scaling up over the next coup...
08 Aug, 2022, 07.58 AM IST
View: Private sector driving renewable energy wave in IndiaSupply growth is being led by private players, despite initially being led by public sector. Large power producers with coal constituting a...
09 Apr, 2022, 12.52 AM IST
After 5 years of shopping, Ambani has the Indian consumer in his gripThe Mukesh Ambani-led Reliance Industries, a refining-to-retail conglomerate has sought to pivot from the oil business to telecom and retai...
25 Mar, 2022, 10.37 AM IST
India set for an ANIL, AMBANI revolutionBillionaire Mukesh Ambani's Reliance Industries Ltd has floated Reliance New Energy Solar Ltd (RNESL) to operate its new energy business. A...
12 Jan, 2022, 10.16 AM IST
Reliance to buy battery tech company Faradion for £100 millionReliance New Energy Solar Ltd (RNESL), a wholly-owned subsidiary of RIL, will acquire all of Faradion and will invest a further £25 million...
01 Jan, 2022, 10.05 AM IST
Reliance's green energy business taking shape, may contribute 10% of EBITDA in 5 yearsBillionaire Mukesh Ambani's Reliance Industries Ltd has made a wave of partnerships to give shape to its green energy business that spans s...
24 Oct, 2021, 12.49 PM IST
RIL invests in German solar wafer company NexWafe, signs pact with Danish hydrogen electrolyser firm StiesdalBoth announcements on Tuesday are in line with RIL chief Mukesh Ambani’s ambitious plans of investing Rs 75,000 crore over the next three y...
13 Oct, 2021, 10.40 AM IST
Reliance to be lead investor in Germany's NexWafe via solar energy arm, RNESL"Reliance New Energy Solar Limited (RNESL), a wholly-owned subsidiary of the Company, has entered into an agreement with NexWafe GmbH (NexW...
12 Oct, 2021, 11.38 PM IST