Page 2 - Mukesh Ambani

Reliance AGM highlights: 2026 Jio IPO, AI push with Google, Meta, and more

RIL AGM: Jio Chairman Akash Ambani added that the company has crossed 500 million customers, making it one of the largest telecom operators globally

Reliance Jio IPO set for mid-2026 debut; platform crosses 500 mn users

At the 48th AGM, Mukesh Ambani said Jio will launch its IPO by mid-2026. The telco has crossed 500 million subscribers, unveiled AI-led services, and plans to expand internationally

RIL sets up Reliance Intelligence, partners Google to transform AI in India

Reliance Intelligence will bring global companies to India and deliver trusted and easy-to-use AI solutions for consumers, small businesses, enterprises, Mukesh Ambani said

Global GDP has potential to reach $500 trn in 25-30 years: Mukesh Ambani

Ambani said that Reliance is positioning itself as a deeptech company through its breakthroughs in clean energy, genomics, and artificial intelligence

Reliance AGM 2025: Focus on IPOs, green energy, and growth outlook

At its 48th AGM, Reliance is expected to offer clarity on Jio and Retail IPOs, lay out clean energy roadmaps, and share updates on growth targets

US tariff hike, Russian oil deals cloud Reliance's annual investor meet

Shareholders will certainly be looking out for details on the much-anticipated listings of Reliance's telecoms and retail operations, plus prospect for outside investment into clean energy business

RIL AGM: Expectations, stock historical performance, strategy decoded

At the bourses, meanwhile, the stock has been an outperformer, rallying nearly 16.5 per cent thus far in calendar year 2025 (CY25) as compared to 0.7 per cent gain in the BSE Oil & Gas index

CLSA, Jefferies, JP Morgan analyse RIL FY25 annual report ahead of AGM

JP Morgan said RIL's relative valuations remain reasonable despite its year-to-date outperformance, and various tailwinds could act as key drivers going forward

Top 300 business families generate ₹7,820 crore daily: Hurun list

Collectively worth Rs 137 trillion, the businesses of the top 300 families on the list generated Rs 7,820 crore in value every single day

Tycoons who profit from India's increasing demand for Russian oil

This week, Jamnagar was the backdrop for a grittier story: Its oil - some of which is imported from Russia - has become a sticking point in US-Indian relations

JIO, Retail, O2C, New Energy: What analysts expect from RIL AGM on Aug. 29

At the AGM in 2024, Mukesh Ambani-controlled RIL guided for 2x growth in its business by 2030, with JIO and Retail envisaged to double over the next three-four years

Fluctuating tariffs, global strains curbed energy demand, says RIL

Firm identifies quartet of risks to watch through FY26 in its annual report

Reliance unveils four tech-driven growth engines for future expansion

Reliance Industries has built four high-powered growth engines of retail, digital services, media and entertainment, and new energy to propel the conglomerate's next phase of expansion, Chairman Mukesh Ambani said. Parallelly, Reliance is reshaping itself into a new-age deep-tech enterprise, he said in a message to shareholders in the firm's latest annual report. The firm, which traditionally had oil and petrochemicals as the growth drivers, has in the last few years ventured into retail - both online and physical stores - telecom and digital services, built a media empire around news and entertainment channels, and laid the foundation for giga factories for its clean energy foray. "Each of these (four) platforms is technology-first, innovation-led, and positioned to disrupt industries while delivering massive value to Indian consumers and the global market," Ambani said. On its mainstay cash-cow oil-to-chemicals (O2C) business, which houses the world's largest single location oil

Ambani draws no salary for 5th yr; his promoter group earns ₹3,600 cr

Asia's richest man Mukesh Ambani drew nil salary from his oil-to-telecom-and-retail conglomerate Reliance Industries for the fifth year in a row and dividends remain his main source of earnings. Ambani, 68, had capped his annual remuneration at Rs 15 crore from financial year 2008-09 (April 2008 to March 2009) to 2019-20 (FY20); and since FY21, he opted to forego his salary, due to COVID-19 pandemic, until the company and all its businesses were fully back to their earnings potential. In 2024-25 (FY25), he got 'nil' as salary, allowances, and perquisites as well as retiral benefits, according to the latest annual report of the company. However, dividend income seems to be the source of earnings for the world's 18th richest person with a net worth of just under USD 100 billion. He directly holds 1.61 crore shares in Reliance, earning Rs 8.85 crore in dividend income based on the Rs 5.50 per share dividend declared by the company for FY25. The promoter group firms that he controls,

Explained: Why the Ambani family is investing in Jio Financial, not RIL

Ambani family's ₹10,000 crore capital infusion into Jio Financial bypasses RIL. Here's what it signals for strategy, control, and the future of the group's NBFC play

Ambani family's stake likely to top 51% in Jio Financial Services

Board to meet Wednesday to consider fundraising options including rights issue, QIP and preferential allotment as promoters eye majority control in Jio Financial

Reliance set to launch green energy gigafactories within next 6 quarters

Reliance to launch clean energy gigafactories in Jamnagar within four to six quarters; units to produce solar panels, batteries, and electrolysers, cutting energy costs by at least 25 per cent

Reliance Retail Q1FY26 results: Net profit up 33% on expansion spree

The firm's revenue from operations stood at ₹73,720 crore, up 11.3% year-on-year, while its gross revenue also rose by 11.3% to ₹84,171 crore

RIL Q1 Preview: Profit to see strong YoY growth led by retail, Jio, and O2C

The Mukesh Ambani-led Reliance Industries is scheduled to announce its first-quarter results for the current financial year (Q1FY26) on July 18

Jio BlackRock to disrupt India's fund market with low-cost strategy: Report

On average, the cost associated across plans will be lower for Jio BlackRock funds compared with the industry average, one of the sources said, declining to specify a level