India’s stock market was lower at the opening bell today, after a bruising selloff in the previous session, tracking global peers convulsed by US President Donald Trump’s tantrums on Greenland. The Bombay Stock Exchange building in Mumbai. (Reuters) The 30-share S&P BSE Sensex fell as much as half a percent while the wider Nifty 50 […]
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 stock market logged their steepest one‑day fall in over four months on Thursday, dragged by heavyweight Reliance Industries Ltd., as uncertainty over US tariffs spurred broad selling. The Bombay Stock Echange building on Dalal Street in South Mumbai. (PTI) The 30-share S&P BSE Sensex fell 0.92%, or 780.18 points, to 84,180.96, even as the […]
Reliance Industries Ltd.’s shares tumbled after analysts warned of rising competition in the retail sector, where the Mukesh Ambani-controlled conglomerate is a major player. Shares of the oil-to-telecom major slid as much as 5.2% on Tuesday, heading for its worst day since June 2024. The selloff also weighed on the nation’s stock gauges, where Reliance […]
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 […]
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. Mobile sim card packets for Jio Platforms Ltd., a unit of Reliance Industries Ltd., in Mumbai, […]
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 […]
India is set to curtail its Russian oil imports to comply with new US sanctions on two top Moscow-backed producers, Reuters reported on Thursday citing sources. That potentially removes a major hurdle to the India-US trade deal that’s been in the works for months. India imported 1.7 million barrels per day of Russian crude in […]
