Mukesh Ambani

Reliance Industries reportedly worked behind the scenes to overcome regulatory hurdles, secure investor backing and structure Jio Platforms' proposed stock market debut

Reliance's AGM showed the conglomerate is shifting from being viewed as an energy-retail giant to an AI infrastructure player built around data centres, compute, connectivity, and power

RIL stock will re-rate on a continuous basis as key milestones of transition are achieved, starting with the JIO IPO and subsequently the commissioning of 10 GW integrated solar project, analysts said

As telecom, retail and digital businesses contribute larger share of revenue, Mukesh Ambani says Reliance's O2C and oil & gas divisions remain crucial cash generators and key drivers of future growth

Reliance Industries Limited has guided to more than double consolidated Ebitda over the next five years, with a $125-150 billion exports enablement target by 2032.

Amar Deo Singh said that RIL is methodically evolving into a diversified, technology-enabled, green conglomerate deeply aligned with India's Viksit Bharat 2047 vision.

Large domestic mutual funds, insurance companies, pension funds and foreign institutional investors are expected to participate in the Jio offering.

The bull-case fair-value range has more credible support after the AGM than the base case; actual trajectory will depend on the pace at which the post-listing arithmetic plays out.

As Jio heads for a landmark IPO, its decade-long rivalry with Airtel offers clues to the next phase of India's telecom and digital economy

Jio Platforms filed for a record ₹37,700-crore IPO as it bets on satellite broadband, AI-native services and the next phase of digital growth

Mukesh Ambani said Reliance Intelligence will commission 120 MW of AI infrastructure by end-2026, supporting more than 200,000 H100-equivalent GPUs at scale

Reliance Industries is positioning itself for what Chairman Mukesh Ambani described as an impending energy "supercycle" in India, ramping up investments across renewable energy, chemicals, advanced materials and alternative fuels as the conglomerate seeks to reduce the country's dependence on imported energy. Speaking at company's annual shareholder meeting, Ambani said Reliance is pursuing an integrated energy strategy spanning solar power, batteries, wind energy, hydrogen, compressed biogas (CBG), bioenergy and underground coal gasification, aimed at strengthening India's energy security while supporting its transition to cleaner fuels. The push comes as India remains heavily dependent on imported energy, with Ambani warning that reliance on overseas supplies leaves the country exposed to geopolitical disruptions and price volatility. "India remains dependent on external energy sources for over 70 per cent of our needs. This is not only costly, but it also makes India vulnerable t

Market participants expect Jio Platforms' IPO to improve valuation discovery, attract investor interest and unlock value for Reliance Industries shareholders

Reliance Industries' Chairman Mukesh Ambani on Friday placed the country's engineering talent at the centre of Jio's massive artificial intelligence push, calling on them to join forces to "build for India" as the Reliance Intelligence enters the next phase, of execution. Asserting that India should not remain a mere consumer of AI built elsewhere, Ambani outlined Jio's next growth chapter that pivots heavily toward artificial intelligence. "I firmly believe that India should not be a mere consumer of AI created elsewhere. It must become a creator, adopter, and global leader in AI," Ambani said while speaking at Reliance Industries' 49th AGM. He noted that Reliance Intelligence announced last year aimed to build a profitable AI infrastructure, platform, and services business serving consumers, enterprises, and governments at scale. "We set out with a clear vision, identified the focus areas, and began building the right partnerships with Google, Meta, and NVIDIA. Now, we are enteri

Shareholders of the energy-to-entertainment conglomerate will hear updates from Ambani on Friday at the company's 49th annual general meeting

RIL's annual report, according to CLSA, highlights the company's ambition to leverage AI offerings, plans to expand data centre capacity, along with progress in new energy.

SpaceX's blockbuster IPO could make Elon Musk the world's first trillionaire. Here's a look at the wealthiest people globally and in India

The tender also attracted bids from metals giant JSW Group and conglomerate Shapoorji Pallonji Group

Addverb, whose robots handle sorting, material movement and other tasks at logistics firms, warehouses and electronics companies, is scouting for more capital after expanding in various markets

Zhang's net worth climbed to $92.8 billion, cementing his position as China's richest person