Reliance Industries News
Reliance's Jio Platforms valuation seen at $170 billion by bankers: Report
Investment bankers are proposing a valuation of as much as $170 billion for Jio Platforms Ltd., according to people familiar with the matter, ahead of what could be a record-breaking initial public offering for Reliance Industries Ltd’s wireless carrier.
2 min read12:13 PM ISTMukesh Ambani among top Indian philanthropists — Here's how much India's richest man donated & for this cause
Reliance Industries CMD Mukesh Ambani and his family donated ₹626 crore in FY25. Here are the causes the 68-year-old industrialist and his conglomerate supported the highest during the year, as per the EdelGive Hurun India Philanthropy List 2025.
3 min read6 Nov 2025Reliance share price rises 2% after 4-day losing streak; opportunity to buy or book profits?
Reliance Industries shares opened at ₹1,483.10 against their previous close of ₹1,471.85 and rose 2 per cent to an intraday high of ₹1,501.95 after a four-day slide. Year-to-date, RIL stock has surged about 22 per cent compared to a 6 per cent gain in the Sensex.
4 min read6 Nov 2025M-cap of four of India's most-valued firms gains ₹95,447 crore; Reliance Industries biggest gainer
Mcap of four of top 10 valued firms jumps by ₹95,447 cr; Reliance biggest gainer
1 min read2 Nov 2025The market is complacent about new Russia oil sanctions. These ones are serious.
New U.S. sanctions on Rosneft and Lukoil have more sticking power than the market reaction suggests, Ben Cahill writes in a guest commentary.
3 min read29 Oct 2025Reliance partners with Meta's Facebook to develop AI services, plans to set up 70:30 joint venture — Details here
Reliance Industries' subsidiary, Reliance Intelligence, is set to form a joint venture with Meta-owned Facebook Overseas as the partnership aims to focus on developing, marketing and distributing enterprise AI services.
2 min read25 Oct 2025Jury is out on how big a hole will Russian oil leave in Reliance's margins
US sanctions on Russian oil could impact Reliance Industries' refining margins, with estimates ranging from negligible to $5 per barrel. The company’s reliance on discounted Russian oil poses potential profitability risks, but rising diesel cracks may help offset losses.
6 min read24 Oct 2025Reliance Industries says assessing implications of EU, UK, and US curbs on Russian crude imports
Reliance Industries has said that it is assessing the implications of the restrictions put on Russian crude imports by EU, US, and the UK. This comes in the wake of Donald Trump claiming PM Modi has told him that India will reduce its purchase of Russian oil.
2 min read25 Oct 2025Reliance's oil imports from Russia to take a hit after US sanctions on Rosneft, Lukoil; PSUs to keep buying via traders
Ambani's Reliance is India's largest buyer of Russian crude, accounting for roughly half of the country's 1.7 million barrels per day of imports from Moscow.
4 min read23 Oct 2025Reliance may ‘completely halt’ Russian oil purchases; ‘massive cuts’ in crude imports likely after US sanctions: Report
Reliance Industries Ltd, the top Indian buyer of Russian oil, is planning to sharply reduce or completely halt crude imports from Moscow, two sources familiar with the matter told Reuters.
1 min read23 Oct 2025Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared