Reliance signs $3 billion green ammonia supply deal with Samsung C&T

Reliance Industries has signed a $3 billion, 15-year green ammonia supply deal with Samsung C&T, marking one of the largest global offtake agreements in clean fuels.

Reliance Industries has signed a $3 billion, 15-year green ammonia supply deal with Samsung C&T, marking one of the largest global offtake agreements in clean fuels.

Manufacturing of other products at these sites, where ammonia is not required, will continue. Shares of Alkyl Amines Chemicals Ltd ended at ₹1,265, down by ₹11.90, or 0.93%, on the BSE today, March 16.

The payment for the acquisition will be made in three instalments in pound sterling: ₹49 crore on the transfer date, ₹49 crore on or before March 31, 2027, and ₹43.4 crore on or before March 31, 2028. Shares of Bajaj…

The company has completed an internal restructuring, merging RedBus India into MakeMyTrip India, consolidating key brands under a single entity. This restructuring is part of MakeMyTrip’s broader strategy to expand its presence in the Indian travel market.

US stocks opened higher on March 16, with the Dow Jones rising 575 points. Meta Platforms and Nvidia shares climbed over 2%. Easing oil prices and developments in the Iran conflict lifted sentiment.

Quess Corp Limited named Lohit Bhatia as Executive Director and Group CEO from June 1, 2026, after Guruprasad Srinivasan resigned. Shares closed at ₹175.19.

Dow Jones Today | US Stock Market LIVE Updates: Stock futures edged higher on Monday (March 16) as Wall Street attempted to rebound from another losing week, with investors keeping a close watch on oil prices and developments in the…

The pharma firm added that ILUMYA has received marketing authorisation from more than 55 health authorities worldwide since its original approval, including in India, Japan, the European Union, China, Australia and Canada.

LTTS has launched an AI-powered platform that turns CT scans into 3D lung models, helping doctors better plan surgeries, navigate procedures and improve respiratory diagnostics.

Power Mech Projects Ltd wins ₹709.56 cr contract from Adani Infrastructure for 60-month O&M services at Tiroda thermal power plant in Maharashtra.