Reliance Industries Ltd. has paused plans to make lithium-ion battery cells in India after failing to secure Chinese technology, said people familiar with the matter, reflecting how even the country’s most powerful businesses are struggling to build out an independent clean-energy supply chain. In August 2025, Reliance Industries Chairman Mukesh Ambani had told shareholders that […]
India’s Russian oil imports are set to decline to the lowest in years Reliance Industries Ltd. said it’s not expecting any delivery in January. Reliance Industries was the biggest Indian buyer of Russian crude last year. (Reuters) “Reliance Industries’s Jamnagar refinery has not received any cargo of Russian oil at its refinery in the past […]
India’s stock market fell today, pulled lower by heavyweights HDFC Bank Ltd. and Reliance Industries Ltd., a day after Nifty 50 hit record high. The Bombay Stock Exchange building on Dalal Street in Mumbai. (Reuters) SENSEX NIFTY UPDATE The Nifty 50 hit an intraday record on Monday before reversing to close 0.3% lower. Seven of […]
Reliance Industries Ltd. has resumed Russian oil imports, sourcing barrels from non-sanctioned suppliers and routing them to its Jamnagar refinery in Gujarat, according to people with knowledge of the matter. Reliance Industries has resumed Russian oil imports from non-sanctioned suppliers and routing them to its Jamnagar refinery. (Reuters) India’s largest refiner contracted Aframax tankers from […]
Reliance Industries Ltd. is said to have started working on an initial draft red-herring prospectus for the Jio Platforms IPO, in what is expected to be India’s biggest-ever listing. Reliance Industries, led by Chairman Mukesh Ambani, is informally speaking with banks to prepare the Jio Platforms IPO DRHP, which they plan to file with SEBI […]
Reliance Industries, India’s biggest importer of Russian crude oil, will abide by western sanctions against Moscow, while maintaining its relationship with its current supplies. Reliance Industries, which operates the world’s largest refinery in Jamnagar, Gujarat, has a long-term deal to buy nearly 500,000 barrels per day of crude oil from Rosneft. (Reuters) “As is customary […]
