Reliance Consumer Products has acquired Southern Health Foods of Tamil Nadu, owner of the Manna brand, to strengthen its foods and staples portfolio in the health foods segment
RIL's subsidiary Model Economic Township Ltd on Saturday launched a 100-acre project in its large integrated township 'Reliance MET City' at Jhajjar, Haryana. Reliance Industries group has acquired 8,250-acre land to develop 'Reliance MET City'. Already more than 650 companies from 11 countries, including Japan, have set up industries in the integrated smart city. In a statement, the company announced the launch of 'Metropolis by MET City', mixed-use development comprising residential and industrial plots. This new project is spread across 140 acre. In the first phase, the company has launched 100 acre for sale. The residential component offers plots in sizes ranging from 112 square yards to 179 square yards. Model Economic Township Limited did not disclose investment on development of this new project as well as the revenue potential. Shrivallabh Goyal, CEO & Whole Time Director of the company, said, "Metropolis is an important step forward in our vision for Reliance MET City.
RCPL enters Australian market with stake in Goodness Group, adding health-focused brands Nexba and PACE to its beverages portfolio and expanding its reach across domestic and global markets
The EU's ban on importing products produced from Russian crude is aimed at curbing oil revenues Moscow uses to fund the Ukraine war
Addverb plans to build 100 robots in the first year
With the latest action, the total value of attachment by the federal probe agency in the case now stands at about Rs 12,000 crore.
Swan Defence and Heavy Industries (SDHI) on Friday said it has bagged a USD 227 million (around Rs 2,080 crore) contract from Europe-based Rederiet Stenersen AS. The company has received the order to manufacture and supply six 18,000 DWT (deadweight tonnage) IMO Type II chemical tankers from its shipyard in Pipavav, Gujarat. Swan Defence and Heavy Industries, in a statement, said the order valued at USD 227 million is one of India's largest single commercial shipbuilding orders and the first chemical tanker order placed with an Indian shipyard. The contract bagged from European shipowner Rederiet Stenersen AS also includes an option for six additional vessels. The first vessel is scheduled for delivery within 33 months, with subsequent deliveries planned at regular intervals. Each tanker will have an overall length of approximately 150 metres and a beam of approximately 23 metres. The vessels will be designed by Marinform AS and StoGda Ship Design & Engineering and classed by ...
Reliance Consumer Products Ltd said four of its brands have crossed the ₹1,000 crore mark, with gross revenue touching ₹15,000 crore year-to-date in FY26, aided by strong festive-quarter performance
Mukesh Ambani has outlined a draft Reliance AI Manifesto to make the group AI-native, targeting 10x productivity for over 600,000 employees and a wider 10x impact on India
HN Reliance Foundation Hospital has launched a tele-robotic surgery programme, allowing Mumbai surgeons to remotely perform, guide robotic procedures at a Jamnagar partner centre using Jio's network
With this acquisition, RCPL gets into competition with Tata Consumer Products in the staples space and also gets into competition with iD Fresh and Orkla's MTR
The CBI has booked the son of industrialist Anil Ambani, Jai Anmol Anil Ambani, and Reliance Home Finance Ltd. (RHFL) in a case of alleged cheating in Union Bank of India that caused a loss of Rs 228 crore to the public bank, officials said on Tuesday. The CBI acted on a complaint from the bank (erstwhile Andhra Bank) against Reliance Home Finance Ltd., Jai Anmol Anil Ambani and Ravindra Sharad Sudhakar, both directors in RHFL, they said. The company had availed credit limits to the tune of Rs 450 crore from the bank's SCF branch in Mumbai for business needs, the complaint stated. The bank had laid down the condition to maintain financial discipline including timely repayment, service of interest and other charges and submission of position of security and other required papers in time and routing the entire sale proceeds through the bank account. The company failed to pay the instalments to the bank and hence, the said account was classified as a non-performing asset (NPA) on ...
Anil Ambani's Reliance Group said solar and battery manufacturing will anchor its clean energy strategy, with Reliance Infrastructure planning an integrated solar chain and a BESS platform
Anil Ambani-led Reliance Group on Monday said its arm Reliance Infrastructure is setting up one of India's most advanced, fully integrated solar manufacturing ecosystems spanning ingots, wafers, cells and modules. According to an investors presentation of Reliance Infrastructure, the manufacturing facility will have next-gen technology. The facility will bridge large demand-supply gap as India will need 5560 GW of solar modules annually by 2030, while upstream capacity remains significantly short. It will be a high-value, vertically integrated platform to reduce import dependence and strengthen India's clean energy security. It is establishing an end-to-end battery manufacturing ecosystem covering cell manufacturing, pack assembly and grid-scale containerised BESS (battery energy storage system) As per the presentation, India's installed stationary storage base is less than 1 GWh today and will rise to 250 GWh by 2032. Domestic manufacturing currently meets less than 10 per cent o
The Enforcement Directorate has attached fresh assets worth Rs 1,120 crore as part of its money laundering probe against the companies of Reliance Group chairman Anil Ambani, officials said. Eighteen properties, including the Reliance Centre in Mumbai's Ballard Estate, fixed deposits, bank balance and shareholding in unqouted investments of Reliance Anil Ambani Group have been provisionally attached under the Prevention of Money Laundering Act (PMLA), they said. Another set of seven properties of Reliance Infrastructure Ltd, two properties of Reliance Power Ltd, nine properties of Reliance Value Service Private Ltd, fixed deposits in the name of Reliance Value Service Private Ltd, Reliance Venture Asset Management Private Lt, Phi Management Solutions Private Ltd, Adhar Property Consultancy Pvt Ltd, Gamesa Investment Management Private Ltd and investments made in unquoted investment by Reliance Venture Asset Management Private Ltd and Phi Management Solutions Private Ltd have also bee
India's Russian oil loadings at 3-yr low in Nov as refiners grow wary of US sanctions
Reliance Consumer Products has forayed into the pet-care market with Waggies, an affordable nutrition-focused brand that includes trial packs aimed at attracting first-time consumers
Reliance Infrastructure has reported a 50 per cent dip in consolidated net profit to Rs 1,911.19 crore in the September quarter, impacted by reduced income, and the company also looks to raise USD 600 million to fund its growth plans. It had clocked a net profit of Rs 4,082.53 crore in the second quarter a year ago, the company said in an exchange filing on Tuesday. The company saw its total income falling to Rs 6,309.48 crore, from Rs 7,345.96 crore in the July-September period of FY25. Reliance Infrastructure trimmed expenses to Rs 5,991.49 crore, from Rs 6,450.38 crore in the year-ago period. In a separate statement, the company said its "board has approved seeking enabling resolution from shareholders for raising USD 600 million through issue of foreign currency convertible bonds (FCCBs) to fund growth." The company's consolidated net worth increased to Rs 16,921 crore, as on September 30, 2025, up 14 per cent from Rs 14,855 crore as on June 30, 2025. Bank debt on a standalon
Anil Ambani's Reliance Group on Tuesday said there is no impact on business operations of the group's listed companies because of the ED's attachment of Rs 7,500 crore worth of properties, which is linked to a money-laundering probe. The majority of the assets attached by the Enforcement Directorate belong to Reliance Communications, which is under the control of the Resolution Professional (RP) and the committee of creditors (CoC), led by State Bank of India, the group's listed firms said in stock exchange filings. The federal probe agency issued four separate provisional orders under the Prevention of Money Laundering Act (PMLA) on October 31 for attaching 42 properties, including the 66-year-old Ambani's family home in Pali Hill, Mumbai, apart from other residential and commercial properties of his group companies. The attachment relates to cases involving Reliance Communications and its affiliates over the alleged diversion of loans taken from YES Bank between 2017 and ...
The ED has attached assets worth more than ₹7,500 crore linked to Reliance Group Chairman Anil Ambani as part of a money laundering probe against his group companies.