Reliance Industries: News
29 Feb 2024
Disney IndiaDisney-Reliance deal: What the $8.5B media merger entails
Disney is teaming up with India's largest conglomerate, Reliance Industries, in an $8.5 billion joint venture deal to create a media giant in India.
26 Feb 2024
Disney IndiaReliance and Disney may announce merger this week
Reliance Industries and the Walt Disney Company are set to make a groundbreaking announcement this week, as they have signed a binding agreement to merge Viacom18 and Star India.
23 Feb 2024
Stock MarketJio Financial Services's market cap crosses Rs. 2 lakh crore
Jio Financial Services Ltd. has reached a market capitalization of over Rs. 2 lakh crore for the first time, thanks to a 35% increase in its share price this year.
21 Feb 2024
Artificial Intelligence and Machine LearningReliance-backed consortium to roll out 'Hanooman' AI models this March
A groundbreaking collaboration between Reliance Industries and India's leading engineering institutions, will unveil the 'Hanooman' series of Indic language models next month.
19 Feb 2024
Stock MarketSensex gains over 280 points, Nifty settles above 22,120 mark
On Monday, the benchmark Sensex and Nifty indices saw gains.
15 Feb 2024
Disney IndiaReliance may acquire 30% stake in Tata Play from Disney
Reliance Industries (RIL) is said to be in talks to acquire a 29.8% stake in Tata Play, a satellite TV and streaming service. The stake is currently owned by Walt Disney.
05 Feb 2024
PaytmJio Financial shares skyrocket 15%: Is Reliance acquiring crisis-hit Paytm?
Jio Financial Services (JFS) shares jumped almost 15% on Monday as reports emerged that the demerged firm from Reliance Industries is looking to acquire Paytm's wallet business.
01 Feb 2024
Disney IndiaReliance to acquire over 50% stake in Disney India
Reliance Industries and Disney India are working out their merger plans, with Reliance potentially acquiring a 51%-54% stake, valuing Disney's local operations at $3.5 billion.
01 Feb 2024
Jio Platforms LimitedReliance Jio IPO likely to happen in 2025
Reliance Jio is expected to launch its initial public offering (IPO) in 2025.
30 Jan 2024
Reliance JioReliance's 'JioBrain' will help businesses create new AI-powered services
Reliance Industries's subsidiary Jio Platforms has unveiled an innovative artificial intelligence (AI) platform, named JioBrain.
29 Jan 2024
Stock MarketSensex gains over 1,240 points, Nifty settles near 21,740 mark
On Monday, the stock market closed on a bullish note. The Sensex gained 1,240.9 points or 1.76%, to settle at 71,941.57 points, while the Nifty climbed 385 points or 1.8%, closing at 21,737.6 points.
22 Jan 2024
Stock MarketRam Mandir inauguration: Check what's open and what's shut today
As Ram Mandir is about to be inaugurated in Ayodhya, several offices and institutions have declared a holiday or half-day leave today.
21 Jan 2024
HDFC BankTop 5 firms' market value declines by Rs. 1.68L crore
Last week, the market value of five leading companies, including HDFC Bank, Reliance Industries, Hindustan Unilever, and State Bank of India, dropped by a staggering Rs. 1.68 lakh crore.
19 Jan 2024
Reliance JioReliance Industries, Jio, and Retail's Q3 results out: Details here
Reliance Jio, a telecom subsidiary of Mukesh Ambani's Reliance Industries, has announced its results for the quarter ending December 2023.
16 Jan 2024
Stock MarketSensex tanks 200 points, Nifty settles above 22,000 mark
On Tuesday, the benchmark Sensex and Nifty indices witnessed a slump after reaching a record-high in yesterday's session.
16 Jan 2024
HDFC BankHDFC, Reliance in fray to become India's first trillion-dollar company
ICICI Securities predicts that one of three Indian giants—HDFC Bank, Reliance Industries, or Bajaj Finance—could become India's first company to achieve a market value of $1 trillion by 2032.
15 Jan 2024
BusinessJio Financial Services Q3 net profit falls 56% QoQ
Jio Financial Services, a branch of Reliance Industries, experienced a drop in net profit for the December quarter of the current fiscal year, settling at Rs. 293 crore compared to the previous quarter's Rs. 668 crore.
11 Jan 2024
Mukesh AmbaniMukesh Ambani enters $100bn club, surpasses Adani as Asia's richest
Mukesh Ambani, the Chairperson of Reliance Industries, has once again pipped Gautam Adani, the Chairperson of Adani Group, to become Asia's richest person.
04 Jan 2024
Walt DisneyReliance, Disney begin antitrust due diligence for merger
Business tycoon Mukesh Ambani's Reliance Industries and Walt Disney are making headway in their proposed merger to create an entertainment powerhouse in India.
31 Dec 2023
Stock MarketM-cap of 8 most valued firms surges to Rs. 1,29,000cr
During the recent holiday-shortened week, the combined market valuation of eight of the top 10 most valued Indian companies jumped to Rs. 1,29,899.22 crore.
25 Dec 2023
Walt DisneyDisney-Reliance merger to be finalized by February
Reliance Industries, India's top-valued company, is joining forces with Walt Disney to merge their Indian media operations.
24 Dec 2023
Artificial Intelligence and Machine LearningExploring India's emerging LLM landscape: Krutrim, OpenHathi, BharatGPT and more
In his visit to India in June, OpenAI CEO Sam Altman sparked discussions by appearing to downplay the possibility of a groundbreaking Large Language Model (LLM) originating from the country.
14 Dec 2023
Adani GroupRIL emerges as biggest wealth creator for 5th consecutive year
Reliance Industries Limited (RIL) has secured its position as the top wealth creator in India for the fifth consecutive year, according to a Motilal Oswal study.
12 Dec 2023
The Walt Disney CompanyReliance, Disney drafting term sheet to merge their India operations
Reliance Industries Ltd. (RIL) and Walt Disney Co. are in talks to merge their media and entertainment operations in India.
21 Nov 2023
West BengalReliance to invest Rs. 20,000cr in Bengal over 3 years
Mukesh Ambani, the chairman and managing director of Reliance Industries Limited (RIL), on Tuesday announced the company's intention to invest an additional Rs. 20,000 crore in West Bengal over the next three years.
16 Nov 2023
Isha AmbaniRBI approves Isha Ambani, others as directors of Jio Financial
The Reserve Bank of India (RBI) on November 16 approved Isha Ambani, Anshuman Thakur, and Hitesh Kumar Sethia to join the board of directors at Jio Financial Services Ltd.
16 Nov 2023
JioCinemaJioCinema signs exclusive pact with Pokemon for streaming children's content
JioCinema, the entertainment division of Reliance, has inked an exclusive agreement with The Pokemon Company to offer children's shows and films on its platform.
31 Oct 2023
Mukesh AmbaniMukesh Ambani receives 3rd death threat demanding Rs. 400cr
Reliance Industries Chairman and Managing Director, Mukesh Ambani, has reportedly received another death threat via email from an unidentified person, the police revealed on Tuesday.
28 Oct 2023
Mukesh AmbaniMukesh Ambani receives death threat, case registered
Mukesh Ambani, the chairman and managing director of Reliance Industries, has reportedly received a death threat from an unidentified person.
27 Oct 2023
Reliance Jio InfocommReliance Jio's Q2 net profit climbs 12% to Rs. 5,058cr
Reliance Jio Infocomm, a subsidiary of Reliance Industries, has announced a standalone net profit of Rs. 5,058 crore for the quarter ending September, representing a 12.10% year-on-year (YoY) growth.
27 Oct 2023
Mukesh AmbaniShareholders approve: Ambani scions to soon become RIL's non-executive directors
Reliance Industries' shareholders have given the green light for Isha Ambani, Akash Ambani, and Anant Ambani to become non-executive directors of the company.
27 Oct 2023
State Bank of India (SBI)Reliance partners with SBI to launch co-branded credit cards
Reliance is gearing up to join the rapidly expanding co-branded credit card sector in India.
17 Oct 2023
Bharti AirtelAirtel, Jio may face Rs. 14,400cr tax bill: Here's why
The Supreme Court's recent decision to classify telecom operators' license fees as "capital in nature" could result in hefty tax demands for Bharti Airtel and Reliance Jio.
17 Oct 2023
Mukesh AmbaniMukesh Ambani's Jio Financial Services to launch new loan products
Jio Financial Services (JFS) is gearing up to launch a variety of loan products, including auto and home loans, as the Mukesh Ambani-backed company aims to become a one-stop financial services firm in India's rapidly growing market.
16 Oct 2023
NBFCJio Financial's Q2 net profit jumps 101% to Rs. 668cr
Jio Financial Services has announced its first-ever quarterly results since going public in August.
25 Sep 2023
BusinessReliance Industries shares enter oversold territory: What it means
Reliance Industries Ltd., India's largest company by market valuation, has faced a challenging streak as its stock fell for the fifth consecutive day, plunging the conglomerate into oversold territory for the first time since March.
