Reliance Industries Ltd will be selling its 20 per cent stake in its oil to chemicals business to Saudi Aramco in one of the largest foreign investments in the country, said Mukesh Ambani during 42nd general meeting.

The Reliance bought it from Hong Kong-listed C Banner International Holdings, who had acquired it in 2015 for a price tag of 100 million pounds ($130.2 million). So for obvious reasons, the current selling price should be more than that.

Sticking to its ambition of growing in the international market, the Reliance Retail will be targeting the purchase of Hamleys to achieve its goal of growing at 30% every year for a decade

Reliance Industries (RIL) Chairman Mukesh Ambani on Thursday said all mobile phones in India will be connected through 4G network by 2020.

Reliance Industries Limited announces that Jio GigaFiber FTTH broadband service will be launched on August 15. It will connect 1,100 cities of India as part of the public rollout of the service, which has been in testing for the past couple of years. The Jio GigaFiber service will bring high speed Internet via a FTTH network with last-mile connectivity, with speeds up to 1Gbps. For TVs, there will be a GigaTV Set-Top Box, which will provide users with "600 TV channels, thousands of movies, millions of songs" and other content in 4K resolution.

Wondering, how much Mukesh Ambani earns annually? Well, India’s richest person has kept his annual salary limited at Rs 15 crore for the tenth year on the run. Ambani has kept salary, perquisites and allowances and commission together at Rs 15 crore from company Reliance Industries since 2008-09, giving up almost Rs 24 crore per annum.

Reliance Industries (RIL) has decided to signed agreement for combining online music streaming platform Saavn with JioMusic. This Indian conglomerate will invest over $1 billion on the combined entity, with JioMusic’s understood valuation at $670 million.

Reliance Jio will invest another Rs 10,000 crore in Uttar Pradesh over the next three years, Reliance Industries Limited Chairman Mukesh Ambani said here on Wednesday.

Reliance and BP are now able to develop these major deep water gas resources offshore India efficiently and economically. It is testament to our commitment to working in partnership with Reliance and with the government to produce more energy in India, for India

Forbes magazine has named Reliance Industries (RIL) Chairman Mukesh Ambani as the topmost among its "Global Game Changers" who are transforming their industries and changing the lives of billions around the world.