Mukesh Ambani

Billionaire Mukesh Ambani on Saturday said India must become a world leader in artificial intelligence, but stressed the need for greater empathy in adopting new-age tech. The Chairman and Managing Director of Reliance Industries said the largest Indian corporate is at the "doorstep" of solving India's energy challenge with solar energy and storage solutions. Speaking at an event here on the occasion of the International Human Solidarity Day, Ambani said RIL's telecom arm Jio has catapulted India into the digital mainstream of the world by laying the foundation with its services. "... of course we need AI. We (India) must become world leaders in AI. But above all, we need empathy and compassion even more," Ambani said. "By combining intelligence with empathy, prosperity with purpose, India can present a new model of development to the rest of the world," the richest Indian said. He said there were many "disbelievers" about the telecom business even within RIL. In an apparent refe

Vantara, a 3,500-acre zoo in Gujarat run by the philanthropic arm of the Reliance conglomerate led by Mukesh Ambani and his family, had faced allegations from non-profit and wildlife groups

Reliance benefited from benign raw material and crude oil prices

RIL's revenue from operations increased to Rs 2.59 trillion from Rs 2.35 trillion in the July-September quarter

Reliance Retail Venture Ltd (RRVL), the retail arm of billionaire Mukesh Ambani-led Reliance Industries, reported an 18 per cent increase in its gross revenue to Rs 90,018 crore, while its profit after tax went up 21.9 per cent to Rs 3,457 crore in the September quarter of FY26, led by festive buying and increase in operational efficiencies of stores. The company had reported a gross income of Rs 76,302 crore and profit after tax of Rs 2,836 crore in the July-September quarter a year ago, according to a regulatory filing of Reliance Industries Ltd (RIL). Reliance Retail's revenue from operation in the latest September quarter was up 19 per cent to Rs 79,128 crore. It was at Rs 66,502 crore a year ago. In the reporting quarter, Reliance Retail pre-tax profit (EBITDA) was at Rs 6,816 crore, which was up 16.5 per cent Y-o-Y. "Grocery and fashion & lifestyle businesses grew 23 per cent and 22 per cent Y-o-Y, respectively, led by festive buying. Consumer electronics delivered 18 per ...

JP Morgan said Reliance's consumer arms Retail and Jio will drive nearly all of group EBITDA growth over the next three years, as oil-to-chemicals declines in value share

Mukesh Ambani tops Hurun India Rich List 2025 with Rs 9.55 trillion wealth, Gautam Adani second, Roshni Nadar Malhotra richest woman, and Aravind Srinivas youngest billionaire

A day after the Supreme Court closed a case against zoological rescue and rehabilitation centre Vantara following an SIT clean chit, Congress leader Jairam Ramesh on Tuesday said if only all cases were dealt with and settled so expeditiously and categorically. The Congress general secretary and former environment minister said that when it chooses to, the Indian judicial system, which is defined by long delays, moves with the greatest of speed. "On August 25, 2025, the Supreme Court ordered an inquiry by a Special Investigation Team (SIT) into the affairs of Vantara, the wildlife rescue and rehabilitation centre established by the Reliance Foundation in Jamnagar. The SIT, comprising four distinguished members, was directed to submit its report by September 12, 2025," he said. The SIT submitted its report in a "sealed cover", and on September 15, 2025, the Supreme Court accepted its recommendations and closed the case, which had been triggered by a public interest litigation filed on

The Reliance offering drew a robust response, as it gave investors a chance to own top-rated asset-backed securities in a market still dominated by non-bank financial firms

Reliance Retail plans to pass on the benefits of lower tax rates to customers across all its consumption baskets, said Executive Director Isha Ambani

Reliance is building out a fully integrated solar supply chain in India at a time when overcapacity is forcing China to rationalise its polysilicon production

The 68-year-old patriarch, whose processing of discounted Russian oil is at the heart of rapidly fraying US-India ties, needs all the support he can get

It is with deep regret that we share the NMACC India Weekend in New York, scheduled to open on Sept. 12, has been postponed due to unforeseen circumstances, the Nita Mukesh Ambani Cultural Centre said

Reliance Industries (RIL) share price hit a 4-month low after AGM as Jio IPO plans raised holdco discount fears. Read to find out analysts' ratings with new share price targets

During her speech, Isha said that Campa Cola now holds double-digit market share across many states, breaking the 30-year multinational company (MNC) duopoly

Reliance Industries share price may seek support around the 200-DMA for now; whereas the long-term chart hints at a potential re-test of the 50-MMA, a key technical support since March 2015.

Reliance Industries got its 'Buy' call retained from most analysts, with a target price going as high as 27 per cent.

Ambani scion details expansion in petrochemicals, bioenergy and green hydrogen in first appearance as RIL ED

At RIL's AGM, Ambani unveiled Reliance Intelligence, Jio's 2026 IPO plan, and a consumer push as new growth engines

Isha Ambani says Reliance Retail will expand offline, online, and B2B channels, adding 2,000-3,000 stores annually