Trump announces ‘historic’ $300 billion oil refinery in Texas, thanks ‘partners in India, Reliance’

President Donald Trump on Tuesday said that India’s Reliance Industries was supporting a proposed oil refinery project in Texas that he described as a ‘historic’ development for the United States energy sector. “THIS IS A HISTORIC $300 BILLION DOLLAR DEAL — THE BIGGEST IN US HISTORY, A MASSIVE WIN for American Workers, Energy, and the…

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Jio IPO: First public offer by Mukesh Ambani-led Reliance group in 20 years delayed by regulatory limbo

The delays by the Indian government in finalizing modifications to listing regulations are jeopardizing Mukesh Ambani, Chairman and Managing Director of Reliance Industries Ltd (RIL) in achieving the timeline set for Jio Platforms Ltd.’s initial public offering, according to a report by Bloomberg. Reliance is currently awaiting the government to officially implement the changes approved…

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RIL: RIL has broken down more than necessary, opportunity to BUY at current price, what is the return estimate – Market

Reliance Industries Stock Price: Reliance Industries (RIL) shares have fallen by 13 percent so far this year. There has been pressure on the stock especially after increasing tension in the Middle East. Brokerage house JM Financial believes that this fall in the stock has been excessive, the price is almost near the bear case valuation,…

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