Reliance Industries (RIL) plans to raise $1.5 billion to refinance its old loans. RIL will raise the loan in two tranches - $1.36 billion in US dollars and $140 million in Japanese yen.

The maturity of the bonds would be 43 months from the date of issue. The company will conduct road shows in Singapore on October 5, Taipei on October 7 and in Tokyo on October 9.

WASHINGTON: A venture capital fund backed by Reliance Industries Limited and a US-based technology firm have signed an agreement to bring into India cutting-edge software technologies that analyse complex, dynamic systems through physics-based pattern recognition.

Reliance-backed GenNext Ventures and Ecorithm's partnership was announced on the sidelines of the inaugural India-US Strategic and Commercial Dialogue.

Mumbai: Bond risk for billionaire Mukesh Ambani’s Reliance Industries Ltd is falling for the first time in four quarters as it gets ready to start a fourth-generation (4G) mobile phone network and to make more synthetic materials.

Contracts that protect debt in India’s second-biggest company by value against non-payment have fallen 22 basis points from an eight-month high of 206 on 25 August, according to data provider CMA.

PSU explorer ONGC and private firm Reliance Industries (RIL), which are expected to commence production from coal bed methane (CBM) blocks this fiscal, may get a ‘better price’ than the prevailing domestic gas price. The price of natural gas, based on a formula approved by the Modi government last October, would further reduce to $4.15-$4.20/mBtu from October 1 against $5.18/mBtu now, given the movements in benchmark prices in the relevant period. At this price, commencing CBM production from a new block seems economically unviable, forcing the petroleum ministry to look for better options for monetisation of CBM resources.

Reliance Industries has expressed its readiness to pump in more money to create an ecosystem to build high-value start-ups with an objective to put the country on the global map as a start-up and innovation hub at par with Israel and the Silicon Valley by 2022.

GenNext Innovation Hub, RIL's startup accelerator programme run in partnership with Microsoft Ventures, has inducted its second batch of 10 startups this week, which includes two Israeli companies, with a view to bring global exposure to the fledgling startup ecosystem in the country.

Reliance Industries has expressed its readiness to pump in more money to create an ecosystem to build high-value startups with an objective to put the country on the global map as a start-up and innovation hub at par with Israel and the Silicon Valley by 2022.

GenNext Innovation Hub, RIL's startup accelerator programme run in partnership with Microsoft Ventures, has inducted its second batch of 10 startups this week, which includes two Israeli companies, with a view to bring global exposure to the fledgling startup ecosystem in the country.

The BSE benchmark Sensex seems to be under-reporting the extent of pain gripping the broader market. Nearly a third of the BSE 500 companies (176 stocks) have lost all the gains they made since the Narendra Modi-led government took charge at the Centre on May 26 last year. And, more than 10 per cent (40 of 498 companies) have lost at least half their market value during the past 15 months.

The biggest losers have been infrastructure companies, metal makers, power generators, sugar companies, real estate developers and oil & gas companies, among others. The losses came at a time when, incidentally, infra and capital expenditure-related companies were supposed to be the biggest beneficiaries of the Modi government's infra spending push.

Reliance Jio Infocomm Ltd (RJIL), a subsidiary of Reliance Industries Ltd (RIL), has rolled out its 'Jionet' High Speed Wi-Fi Internet service at select locations in Bhubaneswar.

The service is available at four locations, including Odisha University of Agriculture & Technology (OUAT), Surya Nagar, Gopabandhu Chowk and Governor House Road, covering popular areas like Reliance Fresh Retail outlet, Gopabandhu market complex and ICICI Bank.

Reliance Industries has raised $225 million (approx Rs 1,468 crore) through overseas bond issue due in 2026, guaranteed by the Export-Import Bank of the United States.

In a statement the company said it has "priced an offering of $225 million, 2.512% on notes due in 2026 guaranteed by the Export-Import Bank of the United States."

The Reserve Bank of India (RBI) on Wednesday allowed 11 business houses, including Reliance Industries, the Aditya Birla group and leading telecom companies Airtel and Vodafone to start payments banks.

Bharti Airtel and Reliance Industries had earlier tied up with Kotak Mahindra Bank and State Bank of India, respectively, for payments bank operations.

Inviting Real Estate Agents, Job Placements Agents, Educational Institutes, Software Service Providers, Real Estate Builders, Marriage Bureaus, Travel Agents, Restaurant Owners, Health & Fitness Centers and other Local Businesses to Post a FREE Classified Advertisement on Cootera.com Classifieds Website.