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 Retail Ventures Ltd. has appointed an external CEO after completion of an internal restructuring, which makes the company a direct subsidiary of Reliance Industries Ltd. ahead of a planned listing. Campa Cola is one of the many FMCG brands of Reliance Retail. (AFP) Jeyandran Venugopal, Flipkart’s former chief product and technology officer, has been […]
Reliance Jio has partnered with Google to offer select 5G users free access to Gemini Pro for 18 months. The plan—priced at ₹35,100—will be available to eligible Jio subscribers aged 18-25 through the MyJio app. The tie-up marks a major move by Reliance Jio and Google to bring advanced AI tools to India’s fast-growing 5G […]
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 […]
Reliance Industries Ltd. bought middle-east crudes last week and may place more orders, in a sign that US pressure against India’s Russian oil imports may be starting to impact its procurement patterns. Reliance Industries, which operates the world’s largest refinery at Gujarat’s Jamnagar bought at least 2.5 million barrels of Middle Eastern crude oil last […]
The NSE Nifty 50 reversed losses to trade at a one-year high today, as gains in Reliance Industries Ltd. ahead of its quarterly results offset losses in Infosys and Wipro share prices. The National Stock Exchange building in Bandra Kurla Complex, Mumbai. (Livemint) The NSE Nifty 50 rose as much as 0.42% to 25,693.3 points—the […]
Anthropic AI CEO Dario Amodei is reportedly planning to meet with Reliance Industries Chairman Mukesh Ambani during his trip to India this week. Source link
The Jio IPO can fetch more than $6 billion with Reliance selling just 5% of the firm. That’s far more than the record $3.3 billion raised in Hyundai India IPO. Source link
