Reliance Industries

Gautam Adani becomes Asia's richest person, surpasses Mukesh Ambani

Gautam Adani has become Asia's richest person, surpassing Mukesh Ambani, according to the Bloomberg Billionaires Index. Adani's net worth rose to $92.6 billion, placing him 19th globally, while Ambani's wealth stood at $90.8 billion

9 days ago

Reliance Industries refutes reports that it purchased Iranian crude

RIL has denied reports claiming it purchased Iranian crude oil. The reports had suggested that RIL bought 5 million barrels from the National Iranian Oil Company after the United States Department of the Treasury issued a temporary authorisation allowing the sale of Iranian oil stranded at sea.

Mar 26, 2026

No need to panic: Govt says India secures LPG, LNG supplies, expands oil sourcing to 40 countries

Petroleum Minister Hardeep Singh Puri said India is diversifying oil imports to 40 countries to ensure stable fuel availability. The government has assured households and industries of uninterrupted supplies, while monitoring measures have been extended to prevent malpractices.

Mar 11, 2026

No need to panic: Govt says India secures LPG, LNG supplies, expands oil sourcing to 40 countries

Petroleum Minister Hardeep Singh Puri said India is diversifying oil imports to 40 countries to ensure stable fuel availability. The government has assured households and industries of uninterrupted supplies, while monitoring measures have been extended to prevent malpractices.

Mar 11, 2026

Trump announces 300 billion USD Reliance investment in US' 'first oil refinery' in 50 years

Announcing the project in a Truth Social post, Trump said the refinery will be built in Brownsville, Texas, as part of a USD 300 billion deal aimed at boosting American energy production and strengthening economic ties with international partners.

Mar 11, 2026

Mukesh Ambani hosts Finland President; meeting reflects meaningful conversation, strengthening of ties

Mukesh Ambani hosted Alexander Stubb, President of Finland, at his residence in Mumbai during the leader's visit to India. Discussions highlighted strengthening India–Finland ties, particularly in technology sectors like AI, 5G/6G, and quantum computing.

Mar 8, 2026

Sensex sinks over 1,000 points as US-Iran conflict rattle markets; Nifty below 24,900

The benchmark Nifty fell 1.24 per cent, or 312.95 points, to settle at 24,865.70. The Sensex dropped 1.29 per cent, or 1,048.34 points, to close at 80,238.85, marking its lowest level since September 2025.

Mar 2, 2026

Can Utility Global Change India's Steel Future?

For India, the stakes are high. The country's growth story depends on steel, fuels, and chemicals.

Feb 25, 2026

From Microsoft to Nvidia: Global firms announce massive AI bets on India

At a major AI summit in India, global tech giants pledged hundreds of billions in AI investments. Microsoft, Amazon, Meta, and Alphabet plan up to $700 billion this year, while Reliance and Adani announced $110B and $100B for AI infrastructure. OpenAI, AMD, Tata, and Blackstone also backed Indian AI projects.

Feb 22, 2026

Reliance Group to invest Rs 10 lakh crore in AI, create new high-skill work opportunities: Mukesh Ambani

Ambani said the biggest challenge in AI today is the high cost and scarcity of computing power. To address this, Jio Intelligence will build sovereign AI infrastructure through gigawatt-scale data centres in Jamnagar, green energy integration, and a nationwide edge computing network.

Feb 19, 2026

Rs 23,000 crore Reliance-ONGC case: Defining test of India's energy governance and law

At approximately ₹23,000 crore and potentially more the Reliance-ONGC gas dispute is among the largest natural-resource liability cases India has ever confronted. How the courts and the government respond will signal whether India is prepared to govern its strategic resources with the seriousness, transparency, and foresight they demand.

Dec 15, 2025

Indian stock markets open lower amid profit booking

Sentiment weakened further after reports suggested that US President Donald Trump may consider imposing new tariffs on Indian rice, raising fresh worries about unresolved trade issues between Washington and New Delhi.

Dec 9, 2025

Sensex, Nifty open lower as investors await RBI's MPC decision

At the opening bell, the Sensex was at 85,187, down 79 points or 0.09 per cent. The Nifty also saw a mild decline, slipping 12 points or 0.05 per cent to 26,021.

Dec 5, 2025

Reliance Industries says it will comply with Western sanctions on Russian oil

Reliance is the largest importer of Russian crude oil in India, which it processes into petroleum products such as petrol and diesel at the company's giant refinery in Jamnagar on the Gujarat coast for export and domestic use.

Oct 25, 2025

Crackdown on Russian oil exports a big setback for Reliance, shares dip

In the last 30 days, the blue-chip stock fell nearly 7 per cent. At 2.38 p.m. on Tuesday, the scrip was trading at Rs 1,380, down 0.40 per cent. The RIL share price has crashed around 11 per cent from its 52-week high of Rs 1,551.

Aug 12, 2025

Reliance Industries sees Rs 40,800 crore drop in market cap, leads losses among top firms

Reliance Industries was the biggest loser among India's top 10 most valued companies this week, as its market valuation dropped by Rs 40,800.4 crore.

May 25, 2025

Two days after claiming India-Pakistan Ceasefire, Donald Trump meets Mukesh Ambani in Doha

Meanwhile, Donald Trump made headlines by commenting on Apple's global operations. He revealed that he had urged Apple CEO Tim Cook not to expand manufacturing in India unless the production was intended solely for the Indian market. Trump also claimed that India had "offered to drop all tariffs" on U.S. imports.

May 16, 2025

Sensex, Nifty end lower amid volatile trade, all eyes on US CPI data

Indian stock markets on Wednesday ended lower after a choppy trading session, with both the Sensex and Nifty closing in the red.

Feb 12, 2025

Reliance Industries' stock tanks 23 pc from its July high

The stock of Reliance Industries Limited (RIL), India's largest company by market capitalisation, has slipped by 23 per cent from its highest level in July this year.

Dec 24, 2024

Ambani Eyes Karan's Dharma Productions, Reportedly In Talks To Acquire Major Stake

Ambani, through his conglomerate Reliance Industries, has been steadily growing his influence in the entertainment ecosystem.

Oct 17, 2024