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Reliance Group
Reliance Retail Ventures Ltd (RRVL) will 'rapidly' scale its online business, expand dark stores and strengthen omni-channel capabilities, as the retailer expects these investments to translate into higher margins and earnings growth, a top company official said. Outlining a three-year roadmap, Reliance Retail CFO Dinesh Taluja said the company will invest in the infrastructure of JioMart and omni-channel reach across platforms, even as margins have come under pressure from rising technology and dark-store investments. "We are looking at growing our online businesses pretty rapidly during this year. We will expand dark stores. We will grow our omni-channel platforms. We will grow JioMart," Taluja said in the company's earnings call. Besides, it will also focus on improving the operational metrics around availability, speed, and reliability with a market-by-market focus on achieving positive unit economics. "Each market, the unit economics, we need to have a clear path to positive u
The Enforcement Directorate (ED) on Saturday said it has issued a fresh order to attach assets worth Rs 1,021 crore as part of a money laundering investigation against the Reliance Anil Ambani Group. The provisional order, issued under the Prevention of Money Laundering Act (PMLA), attaches equity shares of Reliance Power held by Reliance Infrastructure and certain loan amount receivable from Sasan Power and Reliance Power, the agency said in a statement. The investigation stems from a CBI FIR against Reliance Home Finance Limited (RHFL) and Reliance Commercial Finance Limited (RCFL). According to the ED, the probe found that public funds worth Rs 15,548 crore raised by RHFL and RCFL were "systematically diverted" through a web of "shell" (dummy) and group companies controlled and managed by the Reliance Anil Ambani Group. The ED is investigating multiple cases against the Group in connection with four FIRs filed under the anti-money laundering law, and three under provisions of th
India's largest private refiner Reliance Industries Ltd relied on diversified crude sourcing and operational agility to navigate a volatile energy market during the last quarter of FY26, marked by geopolitical disruptions and sharp cost swings. After the Iran war disrupted oil and gas flows from Gulf countries, Reliance, which operates the world's largest oil refining complex at Jamnagar in Gujarat -- tapped non-Persian Gulf suppliers to replace barrels lost due to the conflict, according to an investor presentation the company made post fourth quarter earnings announcement. "Persian Gulf loading contracts were replaced to minimize run cut," it said. "Crude sourcing diversified from multiple geographies." Reliance said it "worked with Middle East suppliers on alternative routing for stranded crude." It, however, did not elaborate. Global crude markets remained largely oversupplied through most of the 2025-26 fiscal year, even as sanctions by the US and EU on Russian oil tightened .
The CBI on Saturday examined two former group managing directors of Reliance ADA Group in connection with an alleged bank fraud of Rs 2,929.05 crore involving Reliance Communications Ltd and Anil Ambani, officials said. In a separate case, the agency examined Sanjay Dangi, an advisor at Authum Investment and Infrastructure Ltd, in connection with an alleged fraud of more than Rs 57 crore involving Reliance Commercial Finance Ltd and the Bank of Maharashtra, they said. Authum Investment and Infrastructure Ltd has taken over the assets of Reliance Commercial Finance Ltd and Reliance Home Finance Ltd, which are under investigation. Officials alleged that financial institutions and banks suffered losses of over Rs 9,000 crore in connection with Reliance Commercial Finance Ltd and Reliance Home Finance Ltd. The agency recently questioned Anil D Ambani, an "accused" in the Reliance Communications case registered on a complaint by the State Bank of India, for two days. According to the F