Mukesh Ambani

Gujarat Chief Minister Bhupendra Patel met RIL Chairman Mukesh Ambani in Mumbai as he participated in the pre-event to promote the upcoming 11th Vibrant Gujarat Global Summit. The summit will focus on semiconductors, fintech, green hydrogen, AI and green growth.

Jio completes 10 years: Akash Ambani thanks employees, reflects on his personal journey and outlines the company’s plans for its next decade.

Essel Group Chairman Subhash Chandra has accused Reliance-linked media of spreading misinformation against him, allegations Reliance has called baseless. The controversy has also drawn attention to the contrasting net worth and assets of Chandra and Mukesh Ambani.

Also in today's edition of Mint Top of the Morning newsletter: FPIs are buying Indian stocks again; The growth shortcut Indian IT keeps reusing.

Mukesh Ambani's family remains India's richest. The nation's top family businesses are valued at $1.46 trillion, surpassing the GDP of several economies. Details here.

Reliance Industries' earnings beat came despite expectations that geopolitical tensions and volatile energy markets would weigh on Reliance’s flagship oil-to-chemicals (O2C) business, which contributes more than half of the company’s consolidated revenue.

Promoters of Reliance Industries increased their stake to 50.5% by June, the highest in over three years. Mutual funds also raised their holding to 10.11%. Analysts anticipate strong financial results driven by oil and telecom sectors despite retail challenges.

Reliance Industries Chairman Mukesh Ambani and Bharti Enterprises Chairman Sunil Bharti Mittal have joined the AI for Good Global Commission, a new international body bringing together over 40 global leaders to promote responsible AI development.

Jio Platforms Ltd filed draft papers for an IPO to raise ₹37,700 crore, marking Reliance Group's first public offering in nearly 20 years. It plans to issue up to 27 crore new shares, representing 2.9% of post-issue equity capital.