Reliance Industries Invests In New Energy Business; Stock Gains Almost 1%

Reliance Industries has invested Rs 1,00,000 cash in Reliance New Energy Solar Limited' (RNESL), a newly incorporated wholly owned subsidiary, as part of its foray into new energy. "The Company (Reliance Industries) has invested Rs 1,00,000 in cash in 10,000 equity shares of Rs 10 each of "Reliance New Energy Solar Limited" (RNESL), a newly incorporated wholly owned subsidiary," Reliance Industries said in a regulatory filing to the ...