Reliance Industries: News

23 Dec 2024

Nifty

55% of Nifty 500 stocks in downtrend: More correction expected?

The 5% fall in the Nifty index last week has dragged nearly 55% of NSE 500 stocks below their long-term trend indicator, the 200-day moving average (DMA).

19 Dec 2024

HDFC Bank

Sensex plummets 1,000 points: Key reasons behind today's market crash

The Indian stock market witnessed a major crash today with the BSE Sensex crashing over 1,000 points and the NSE Nifty falling below the 24,000 mark.

17 Dec 2024

Mukesh Ambani

Reliance shareholders face first negative returns in 10 years 

Mukesh Ambani-led Reliance Industries Limited (RIL) is on course to end 2024 with negative returns for the first time in a decade.

17 Dec 2024

HDFC Bank

Sensex plunges over 800 points: What's behind today's market crash

The Indian stock market took a major hit on Tuesday, with the Sensex and Nifty indices opening in the red.

16 Dec 2024

Gautam Adani

Why Ambani, Adani are out of Bloomberg's $100B club

Mukesh Ambani and Gautam Adani, two of Asia's richest, have dropped out of Bloomberg's elite centibillionaires club. The change comes as both billionaires faced multiple business challenges.

15 Dec 2024

Bharti Airtel

Top 5 Indian firms add ₹1.13L crore to market cap

Five of India's most valuable companies saw a massive jump in their market capitalization last week, adding ₹1,13,117.17 crore in total.

12 Dec 2024

Russia

Reliance, Rosneft ink largest-ever India-Russia oil supply deal

Russia's state oil company, Rosneft, has struck a deal to supply nearly 500,000 barrels per day (bpd) of crude to Indian private refiner Reliance Industries.

10 Dec 2024

Mukesh Ambani

India's largest company seeks $3 billion loan to refinance debt

Billionaire Mukesh Ambani's Reliance Industries, India's largest company by market capitalization, is said to be in talks with a number of banks for a $3 billion loan.

08 Dec 2024

HDFC Bank

Top 6 Indian companies add ₹2L crore to market cap

The cumulative market valuation of six of the top 10 most-valued Indian companies, saw a major jump last week.

04 Dec 2024

Disney+ Hotstar

JioHotstar domain finally belongs to Mukesh Ambani's Viacom18

Mukesh Ambani-owned Viacom18 Media Pvt Ltd has finally managed to acquire the domain name 'JioHotstar.com.'

02 Dec 2024

Indian Government

Modi government mulls ₹9,000cr plan to boost EV battery production

The Indian government is said to be mulling a ₹9,000 crore plan, to boost the production of critical battery components for electric vehicles (EVs) and clean energy systems.

JioCinema's livestream of IPL 2025 mega auction disrupted by glitch

JioCinema, the official streaming partner for the Indian Premier League (IPL) 2025 mega auction, faced technical issues during its broadcast.

24 Nov 2024

HDFC Bank

Market cap of India's top 8 companies up ₹1.5L crore

Eight of India's top 10 most valued companies saw a major jump in their combined market capitalization last week, adding ₹1.55 lakh crore to their valuation.

22 Nov 2024

Adani Group

Sensex soars by 1,800 points: What is driving this rally?

The BSE Sensex has soared 1,792 points today to trade at 78,948, at the time of writing. The NSE Nifty also jumped 531 points to hover around 23,880.

17 Nov 2024

HDFC Bank

Top 8 Indian firms lose ₹1.7L crore in market cap

Eight of India's top 10 most valued companies witnessed a massive loss in market capitalization last week. The total loss stood at nearly ₹1,65,180.04 crore.

14 Nov 2024

Mukesh Ambani

Reliance, Disney complete $8.5B merger to form biggest media entity

Reliance Industries and Walt Disney Company have completed their historic merger in India's media space, creating an entertainment behemoth worth $8.5 billion.

10 Nov 2024

Bharti Airtel

India's top 6 firms lose ₹1.55 lakh crore in m-cap

Six of India's top 10 most valuable companies witnessed a massive erosion in market valuation last week, to the tune of ₹1.55 lakh crore.

Reliance urges TRAI to reconsider satellite spectrum allocation method

Reliance has once again appealed to the Telecom Regulatory Authority of India (TRAI), asking it to review its decision to allocate satellite spectrum on an administrative basis.

01 Nov 2024

Disney+ Hotstar

European Commission approves Reliance-Disney merger deal

The European Commission has approved the merger of Reliance Industries and Walt Disney

29 Oct 2024

Business

Jio Finance app now allows you to buy digital gold

Reliance Industries' Jio Financial Services (JFSL) has launched a new feature, SmartGold, on its JioFinance app.

29 Oct 2024

Jio

This Jio Financial-subsidiary can now operate as online payment aggregator

Jio Payment Solutions Limited (JPSL), a fully-owned subsidiary of Jio Financial Services, has received the Reserve Bank of India's (RBI) nod to operate as an online payment aggregator.

26 Oct 2024

Disney+ Hotstar

JioHotstar saga: Techie disappears, leaving domain to Dubai-based siblings

The ongoing JioHotstar domain saga has taken an unexpected turn, with the disappearance of a Delhi-based techie who had demanded ₹1 crore for the coveted domain.

25 Oct 2024

Mukesh Ambani

Reliance's 1:1 bonus issue: Last day to double your shares

Reliance Industries, led by Mukesh Ambani, announced a 1:1 bonus share issue in September.

25 Oct 2024

Reliance Jio

Another techie recalls failed negotiation with Reliance amid 'Jiohotstar' dispute

Amit Bhawani, a techie, has come out in the open about how Reliance Industries once served him a legal notice over a domain name.

24 Oct 2024

Disney+ Hotstar

JioHotstar domain for Cambridge fee? Delhi techie pitches Mukesh Ambani

In anticipation of a possible merger between JioCinema and Disney+ Hotstar, a Delhi-based app developer has purchased the domain name "JioHotstar.com."

24 Oct 2024

Jensen Huang

NVIDIA symbolizes 'vidya' and knowledge, Mukesh Ambani tells Jensen Huang

Reliance Industries's Mukesh Ambani recently sat down for a chat with semiconductor giant NVIDIA's CEO Jensen Huang at the AI Summit India in Mumbai, engaging in a discussion about the future of AI in India and beyond.

24 Oct 2024

Jensen Huang

NVIDIA CEO praises India's AI potential, signs deal with Reliance

NVIDIA's CEO Jensen Huang has predicted a massive growth in India's computing capabilities.

23 Oct 2024

Nita Ambani

Reliance-Disney mega media entity set for November launch

The merger between Reliance Industries's Viacom18 and Walt Disney's Star India is likely to be completed by early November, according to the Economic Times.

20 Oct 2024

HDFC Bank

Market cap of 4 of India's most-valued firms surges ₹81,151cr

Four of India's top 10 most valued companies saw their combined market capitalization skyrocket last week.

16 Oct 2024

Nita Ambani

Ratan Tata 'great son of India,' mentored Akash: Nita Ambani

Nita Ambani, the Founder and Chairperson of Reliance Foundation, paid a heartfelt tribute to the late Ratan Tata at Reliance Industries' annual Diwali dinner.

15 Oct 2024

Mukesh Ambani

Reliance-Disney merger to be completed by Q3 FY25

The merger of Reliance Industries's media assets with Walt Disney's India business is on track, with an anticipated completion by the end of the third quarter of fiscal year 2025.

14 Oct 2024

Reliance Retail

Reliance Retail posts ₹2,836 crore net profit in Q2 FY25

Reliance Retail Ventures (RRVL), the retail arm of Reliance Industries (RIL), has posted a 1.3% year-on-year growth in its consolidated net profit for the second quarter.

14 Oct 2024

Mukesh Ambani

RIL's Q2 net profit dips 5% to ₹16,563 crore

Reliance Industries Ltd (RIL) has reported a 5% decline in its consolidated net profit, for the quarter ending September 2024.

14 Oct 2024

Dharma Productions

Mukesh Ambani eyes stake in Karan Johar's Dharma Productions: Report

Reliance Industries Ltd (RIL), headed by India's richest businessman Mukesh Ambani, is said to be in talks to buy a stake in Karan Johar's Dharma Productions.

13 Oct 2024

Reliance Jio

Reliance Industries to announce Q2 results tomorrow: What to expect

Reliance Industries Ltd (RIL) will announce its financial performance for the second quarter of fiscal year (FY) 2024-25 tomorrow.

13 Oct 2024

HDFC Bank

India's top 7 firms lose ₹1.22L crore in market valuation

Last week, seven of India's top 10 most valued firms saw a massive dip in their combined market valuation.

PM Internship Scheme: 193 companies offer over 90,800 opportunities

The Prime Minister Internship Scheme has garnered a massive response from the corporate world, with 193 companies offering over 90,800 internships in India.

JioFinance launches new app with UPI, loans and insurance solutions

Reliance Industries-owned Jio Financial Services Limited (JFSL) has launched its improved JioFinance app, which is now live on Google Play Store, Apple App Store, and MyJio.

04 Oct 2024

JioCinema

JioCinema ropes in YouTube's Ishan Chatterjee to lead business growth

JioCinema, the video streaming platform owned by Reliance Industries, has announced the appointment of Ishan Chatterjee as its new chief business officer.

Market cap of India's top 8 companies surges ₹1.21L crore

The combined market capitalization of eight out of the top 10 most valued firms in India, saw a significant surge last week.

22 Sep 2024

HDFC Bank

Market cap of India's top 6 companies climbs ₹1.97L crore

Six of India's top 10 most valued firms, experienced a significant increase in their combined market valuation last week, adding ₹1.97 lakh crore to their worth.

15 Sep 2024

Bharti Airtel

Market cap of top 9 companies jumps ₹2L crore

Nine out of the top 10 most valued Indian companies, experienced a significant increase in their market capitalization last week.

Market cap of India's top 8 firms down ₹2L crore

Eight of India's top 10 most valued companies, saw a significant decrease in their combined market valuation last week.

31 Aug 2024

Business

Jio Financial aims to disrupt home loan market

Jio Financial Limited (JFL), the financial services division of Reliance Industries Ltd., is preparing to launch its home loan products.

29 Aug 2024

Mukesh Ambani

Reliance becomes first Indian firm to hit ₹10L crore revenue

Reliance Industries Limited (RIL) has set a new record, by becoming the first Indian company to surpass ₹10 lakh crore in annual revenues.

29 Aug 2024

Nita Ambani

Nita Ambani outlines Reliance Foundation's vision for 'Viksit Bharat'

Nita Ambani, the founder and Chairperson of the Reliance Foundation, has outlined her organization's vision for a 'Viksit Bharat' at the 47th Annual General Meeting of Reliance Industries Limited.

29 Aug 2024

Mukesh Ambani

Reliance unveils JioTV OS for set-top boxes at AGM 2024

Reliance Industries Limited (RIL) has introduced a new software solution, JioTV OS, during its 47th annual general meeting.

29 Aug 2024

Mukesh Ambani

Reliance Industries to start producing solar modules by year end

Reliance Industries has announced plans to initiate the production of solar photovoltaic (PV) modules by the end of 2024.

29 Aug 2024

Reliance Jio

Reliance Jio users to receive 100GB free cloud storage

Reliance Industries' Chairman, Mukesh Ambani, has announced a generous gift for Jio users this Diwali.

29 Aug 2024

Reliance Jio

Reliance Jio introduces new feature to record, transcribe, translate calls

Reliance Industries has launched a new AI-driven feature called 'Jio Phone Call AI.'

CCI approves ₹70,350 crore merger of Reliance and Disney India

The Competition Commission of India (CCI) has given its approval for the ₹70,350 crore merger between Reliance Industries (RIL) and Disney's Indian media assets.

Top 9 Indian firms add ₹95,522 crore to market valuation

Nine of India's top 10 most valued firms witnessed a significant increase in their combined market valuation last week.

25 Aug 2024

Ministry of Finance

Jio Financial Services gets nod to increase foreign investment limit

Jio Financial Services has received authorization from the Department of Economic Affairs, Ministry of Finance, to raise its foreign investment limits.

24 Aug 2024

Mukesh Ambani

Reliance AGM 2024: Date, time, and key expectations

Reliance Industries Limited (RIL), a leading Indian conglomerate, is all set for its 47th Annual General Meeting (AGM).

Reliance-Disney merger in India will hurt competition, says CCI

The Competition Commission of India (CCI) has raised concerns about the potential anti-competitive effects of the proposed $8.5 billion merger between Reliance and Walt Disney.

18 Aug 2024

Infosys

Market cap of India's top 7 firms up ₹1.4L crore

Seven of the most valued companies in India, witnessed a significant increase in their combined market valuation last week.

13 Aug 2024

Walt Disney

Reliance, Disney reportedly offer to sell channels for merger approval

Reliance Industries and The Walt Disney Company have proposed to sell a portion of their channels, to accelerate the antitrust approval process for their $8.5 billion media assets merger in India, as per Reuters.

11 Aug 2024

Bharti Airtel

Market turbulence wipes out ₹1.66L crore from top Indian firms

The past week has been marked by significant market volatility, resulting in a substantial decrease in the combined market valuation of India's leading companies.

09 Aug 2024

Mukesh Ambani

Ambanis, Bajajs, Birlas: India's richest families collectively match Singapore's GDP

India's wealthiest family businesses, including the Ambanis, Bajajs, and Birlas, have amassed a combined valuation of $460 billion (around ₹38.27 lakh crore), according to The 2024 Barclays-Hurun India Most Valuable Family Businesses List.

08 Aug 2024

Jio

Jio in talks with Meta to disrupt India's VR market

Reliance Industries's digital subsidiary, Jio, is reportedly negotiating with Meta to acquire a license for its virtual reality (VR) software, Horizon.

07 Aug 2024

Reliance Jio

Reliance Jio to export homegrown telecom tech

Reliance Jio, a prominent player in India's telecom sector, has revealed plans to distribute its homegrown technologies worldwide.

07 Aug 2024

Mukesh Ambani

Reliance Industries to open first solar giga-factory in FY25

Reliance Industries Ltd (RIL) is set to start work at its inaugural solar giga-factory in the financial year (FY) 2025.

06 Aug 2024

Business

Reliance climbs to 86th position in Fortune Global 500 list

Reliance Industries (RILs) has ascended two spots to secure the 86th position in Fortune's Global 500 list for 2024.

04 Aug 2024

Bharti Airtel

India's top 8 companies lose ₹1.28L crore in market cap

Eight of India's top 10 most valued firms, witnessed a significant drop in their market capitalization (mcap) last week, resulting in a combined loss of ₹1.28 lakh crore.

28 Jul 2024

Infosys

Mcap of 6 top-valued companies in India skyrockets ₹1.85L crore

The combined market capitalization (mcap) of six out of the top 10 valued firms in India, experienced a significant increase last week, soaring by ₹1,85,186.51 crore.

25 Jul 2024

Boris Johnson

Ambanis book luxury London hotel for post-wedding celebrations

Mukesh Ambani, India's wealthiest man, has reserved the seven-star Stoke Park Hotel in London for two months.

Reliance-Disney's $8.5 billion merger under scrutiny: CCI raises antitrust concerns

The Competition Commission of India (CCI) has launched an investigation into the proposed $8.5 billion merger between Reliance Industries and Walt Disney, according to anonymous sources cited by Reuters.

Market cap of top 8 Indian companies surges ₹2.1L crore

The combined market capitalization (m-cap) of eight out of the top 10 most valued firms in India saw a significant increase last week, with a jump of ₹2,10,330.26 crore.

15 Jul 2024

Narendra Modi

'Modiji not enemy...': Shankaracharya on meeting PM at Anant-Radhika wedding

Prime Minister Narendra Modi on Saturday sought blessings from the Shankaracharyas of Jyotirmath and Dwarka Peeth at the "Shubh Ashirwad" ceremony for Anant Ambani and Radhika Merchant in Mumbai.

15 Jul 2024

Mukesh Ambani

'India has...': Kim Kardashian's message after attending Anant-Radhika's billionaire wedding

American reality TV stars Kim and Khloe Kardashian recently attended the grand wedding of Anant Ambani and Radhika Merchant in Mumbai.

14 Jul 2024

Bollywood

Anant-Radhika's wedding: Video captures Boris Johnson dancing with AP Dhillon

Anant Ambani, son of Reliance Industries Chairman Mukesh Ambani, married Radhika Merchant, daughter of industrialist Viren Merchant, in a grand ceremony on Friday attended by international celebrities and business leaders.

Jio Financial becomes core investment company. What changes for you?

Jio Financial Services Ltd has secured approval from the Reserve Bank of India (RBI) to transition from a Non-Banking Financial Company (NBFC) to a Core Investment Company (CIC).

12 Jul 2024

Antilia

Anant-Radhika wedding: Check Mumbai routes to avoid amid traffic restrictions

In preparation for the wedding of Anant Ambani, son of Reliance Industries Chairman Mukesh Ambani, to Radhika Merchant at Mumbai's Jio World Convention Centre, traffic restrictions have been enforced.

11 Jul 2024

Reliance Jio

Reliance Jio's market listing likely in 2025 at $112B valuation

International investment banking firm Jefferies, predicts that the initial public offering (IPO) of Reliance Jio could occur in 2025, potentially valuing the company at $112 billion.

09 Jul 2024

Mukesh Ambani

'Palak Chaat,' 'Dahi Puri': Surprisingly down-to-earth menu for Ambani wedding

Anant Ambani, son of India's richest man Mukesh Ambani, is set to tie the knot with his longtime girlfriend Radhika Merchant on Friday (July 12).

07 Jul 2024

Infosys

Eight Indian powerhouses drive ₹1.83 lakh crore market surge 

Last week saw a significant increase in the market valuation of eight out of the top 10 most valued firms, collectively adding ₹1,83,290.36 crore to their worth.

05 Jul 2024

JioCinema

Reliance Jio gears up to disrupt India's smart TV market

Reliance Industries has started testing Jio TV OS, India's first homegrown smart television operating system (OS), as per Economic Times.

05 Jul 2024

Stock Market

Sensex closes below 80,000 mark, Nifty ends flat near 24,325

On Friday, major indices of the stock market ended flat with the Sensex settling at 79,996.60 points and the Nifty closing at 24,323.85 points.

04 Jul 2024

Sensex

Sensex witnesses fastest 10,000-point rally led by these 5 stocks

The market capitalization of Sensex saw a significant surge from ₹136.89 lakh crore on December 11, 2023, to over ₹158 lakh crore on July 3.