Abu Dhabi National Oil Company ("ADNOC") and Reliance Industries Limited ("RIL") have signed an agreement to join a new world-scalechlor-alkali, ethylene dichloride and polyvinyl chloride (PVC) production facility at TA'ZIZ in Ruwais, Abu Dhabi. The agreement capitalizes on growing demand for these critical industrial raw materials and leverages the strengths of ADNOC and RIL as global industrial and energy leaders. The project will be constructed in the TA'ZIZ Industrial Chemicals Zone.
Reliance Jio Infocomm Limited ("RJIL"), a subsidiary of the Company, signed a definitive agreement with Bharti Airtel Limited for acquisition of right to use spectrum in the 800MHz band in Andhra Pradesh, Delhi and Mumbai circles through spectrum trading. The aggregate value for the right to use this spectrum is ₹ 1,497 crore, inclusive of present value of associated deferred payment liability of
₹ 459 crore, subject to any transaction related adjustments. With the enhanced spectrum footprint, especially contiguous spectrum, and superior infrastructure deployed, RJIL has further increased its network capacity.
RIL and bp announced the start of production from the Satellite Cluster gas field in the KGD6 block off the east coast of India. The Satellite Cluster is the second of the three developments to come onstream, following the start-up of R Cluster in December 2020.
RJIL along with Google showcased jointly developed smartphone 'JioPhone Next'. JioPhone Next comes with truly breakthrough premium capabilities including language and translation features, a great camera, and support for the latest Android and security updates -- unprecedented for affordable smartphones.
RJIL and Google Cloud are embarking on a comprehensive, long-term strategic relationship with a goal of powering 5G in enterprise and consumer segments nationwide.
Reliance Retail Ventures Limited ("RRVL") announced acquisition of controlling stake in Just Dial Limited for a total consideration of ₹ 3,497 crore for 40.95% stake and would make an open offer to acquire up to 26.0% in accordance with takeover regulations.
As part of Mission Vaccine Suraksha, over 10 lakh doses of vaccines have been given to employees and their family members. The Group currently operates 171 vaccination centres across the country for vaccinating employees and their family members, off-roll workforce and their family members, retired employees and their family members, completely free of cost. Over 98% of the eligible employees have got atleast the first dose of vaccine. The Group has also started vaccinating under- privileged sections of the society under the Mission Vaccine Suraksha in some of these vaccination centres.
Reliance Industries Ltd. published this content on 23 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 July 2021 16:07:07 UTC.