Reliance

India's financial crime agency probes Anil Ambani's Reliance Group

It’s accused of money laundering and siphoning of public funds

Shares of parent conglomerate Reliance Industries fell sharply in Mumbai after the Reuters report, losing as much as 1.8 per cent, or US$6 billion in market value.

Ambani's Reliance Jio delays India IPO beyond this year

Jio wants to achieve higher revenue and a bigger subscriber base for its telecoms business

Reliance Industries’s Jio-bp venture will set up petrol and diesel dispensers at compressed natural gas retail outlets of Adani Total Gas.

Ambani and Adani team up to use each other’s fuel pumps

[NEW DELHI] Billionaires Mukesh Ambani and Gautam Adani have partnered to sell transportation fuels using their respective groups’ retail stations across India, bolstering their distribution network a...

Starlink has been waiting since 2022 for licenses to operate commercially in India, with no clear timeline yet on a decision.

Musk’s Starlink and India’s Reliance sign surprise satellite Internet deal

The deal follows a similar partnership announcement between Starlink and India’s No 2 telecom player Bharti Airtel a day before

Reliance Industries has approximately US$2.9 billion worth of debt due in 2025, including interest payments.

Reliance Industries seeks up to US$3 billion loan for refinancing

BILLIONAIRE Mukesh Ambani-owned Reliance Industries is in talks with banks for a loan of as much as US$3 billion to refinance debt due next year, according to sources familiar with the matter.

The merger of Disney's and Reliance's Indian media assets will create India’s largest entertainment player, with 120 TV channels and two streaming services.

Reliance, Walt Disney close US$8.5 billion merger of Indian media assets

RELIANCE Industries and Walt Disney on Thursday (Nov 14) completed the US$8.5 billion merger of their Indian media assets, which have been split into three divisions, with each unit having its own CEO...

Reliance Power says it has lodged a police complaint against the third party that arranged the bank guarantee, which was found to be fake.

India’s top clean energy agency weighs criminal proceedings against Reliance Power

This comes as the company looks to expand into the domestic and overseas renewable energy sector

Reliance Industries posted a consolidated profit of 165.63 billion rupees (S$2.6 billion) in the quarter ended Sep 30, down 4.8 per cent from a year earlier.

India’s Reliance reports drop in Q2 profit on weaker fuel margins

INDIA’S Reliance Industries reported a drop in second-quarter profit on Monday, hurt by weak fuel refining margins and lower demand for petrochemicals.

To get the merger over the line, the two companies have offered concessions, including a commitment to not raise advertising rates unreasonably for streamed cricket matches.

Indian tribunal approves US$8.5 billion Disney, Reliance media assets merger

AN INDIAN company tribunal has approved the US$8.5 billion merger of Reliance Industries and Disney’s Indian media assets, Reliance said on Friday (Aug 30).

Reliance is set to partner Shein, marking the Singapore-headquartered fast fashion giant's return to India after four years.

Ambani touts AI, bonus shares but stays silent on units’ IPOs

The Reliance board will meet on Sep 5 to consider the bonus stock issue proposal which aims to reward shareholders