Page 2 - Reliance Group

Reliance Consumer to invest ₹1,500 crore in Nagpur food unit by 2026

FMCG firm Reliance Consumer Products Ltd (RCPL) will invest over Rs 1,500 crore to set up an integrated facility for food products & beverages at Katol in Maharashtra. RCPL, the FMCG arm of billionaire Mukesh Ambani-led Reliance Industries, has signed a Memorandum of Understanding (MoU) with the Maharashtra government to set up the unit in Nagpur. The unit will provide direct employment to more than 500 people, according to a video posted on the social media account of Maharashtra Chief Minister Devendra Fadnavis. The proposed manufacturing unit will commence manufacturing in 2026. As per the agreement, the state government will facilitate RCPL to obtain necessary approvals, clearances and financial incentives. In its annual general meeting last month, Reliance had announced that it "will invest Rs 40,000 crore (USD 4.7 billion) to create Asia's largest integrated food parks with AI-driven automation, robotics, and sustainable technologies, securing lasting cost leadership. RCPL,

Reliance's refining margins projected to stay strong compared to PSU peers

Company's Russian crude imports give it cost advantage, according to analysts

Ambani rallies global allies as Reliance faces US-India trade storm

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

RCPL's ₹1 trillion revenue goal seen as huge value creator: Brokerages

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 Jio charts out global expansion, transforming into deep-tech firm

Holding company Jio Platforms Limited to IPO in H1 2026

Reliance rides AI wave with backing from global tech majors Google, Meta

For this Ambani announced joint ventures with Google and Meta, two of the world's largest tech firms

RIL AGM: How to trade group stocks; check strategy here

Technical charts suggest that Reliance group stocks such as Jio Financial Services, Network18, Just Dial, Alok Industries and Den Networks can crack up to 21 per cent from here.

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

SC probe into Vantara: Why RIL-backed wildlife project is under scrutiny

Vantara, Anant Ambani's wildlife project in Jamnagar, is under Supreme Court probe - here's what it is and why questions are being raised

Reliance Infra to sell Pune-Satara toll road for ₹2,000 cr to cut debt load

Reliance Infra to sell Pune-Satara Toll Road for ₹2,000 crore, cut ₹1,400 crore debt, and free ₹600 crore equity to fund future business growth opportunities

Reliance Infrastructure bags NHPC's Rs 4,000-crore solar-battery project

Reliance Infrastructure secures Rs 4,000 crore NHPC solar and BESS project, adding 700 MWp solar and 780 MWh storage capacity to become India's largest integrated solar-BESS player

Reliance Infra bags NHPC order for 390 MW solar project, 780 MWhr BESS

Reliance Infrastructure on Tuesday said it has received a Letter of Award from state-owned NHPC for a 390 MW solar power Project and 780 MWhr battery energy storage system. Once commissioned, the platform will add 700 MWp of solar DC capacity and 780 MWhr of BESS capacity to Reliance Group's portfolio, consolidating its leadership in new energy solutions, a company statement said. According to the statement, Reliance Infrastructure Ltd has received a Letter of Award (LoA) from NHPC, a Navratna central public sector enterprise, for a 390 MW interstate transmission system (ISTS)-connected solar power project coupled with a Battery Energy Storage System (BESS). The winning tariff was discovered at Rs 3.13/kWh, positioning the project among the most competitively priced offerings in India's energy transition landscape. Reliance Power, a listed entity in the Reliance Group, already has a renewable energy portfolio of nearly 2.5 GWp of Solar and 2.5 GWhr of BESS capacity. With this ...

Reliance Consumer Products takes Campa beverages to Sri Lanka market

RCPL partners with Ceylon Cold Stores to launch Campa beverages in Sri Lanka, expanding the heritage Indian brand's reach to more overseas markets

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

ED summons Reliance Group Chairman Anil Ambani in bank loan fraud case

Anil Ambani has been summoned by the Enforcement Directorate on August 5 for questioning in a money laundering case tied to alleged fraud involving bank loans worth crores of rupees

ED summons Anil Ambani in ₹10,000 crore loan diversion probe after raids

Enforcement Directorate (ED) summons Reliance Group Chairman Anil Ambani over alleged ₹10,000 cr loan fraud; probe reveals fund diversion, shell firms, Yes Bank link

Reliance remains highest-ranked Indian firm on Fortune Global 500 list

Billionaire Mukesh Ambani's Reliance Industries has retained its position as the highest-ranked Indian company on the 2025 Fortune Global 500 list, according to the latest rankings released by the publication. The oil-to-telecom-and-retail conglomerate has been ranked at No.88 on the latest list, down from 86th position in 2024. However, the company has gained a whopping 67 places in the last four years, from No.155 in 2021. US retail giant Walmart continues to be the top-ranked company in the world, followed by Amazon. The top 10 has three Chinese companies - state-owned electric utility State Grid at No.3, China National Petrol at No.5 and oil and gas giant Sinopec Group at No.6. World's largest oil exporter Saudi Aramco is ranked at No.4 and Apple at No.8. India has 9 companies in the Fortune's Global 500 list this year - 5 of them from the public sector and 4 from the private sector. Life Insurance Corporation of India (LIC) is ranked at No.95, unchanged from last year. Indi

ED raids on Anil Ambani Group firms enter day 3 in loan fraud probe

Enforcement Directorate searches against the companies of Reliance Group chairman Anil Ambani in Mumbai continued for the third day on Saturday with the agency recovering a number of documents and computer peripherals from multiple locations, official sources said. The raids were launched on July 24 by the federal probe agency as part of an alleged Rs 3,000 crore worth bank loan fraud-linked money laundering case apart from multiple other allegations of financial irregularities with crores of rupees by certain companies. The searches, being conducted under the Prevention of Money Laundering Act (PMLA), are continuing at some locations out of the more than 35 premises that were covered in Mumbai since Thursday, the sources said. These premises belong to 50 companies and 25 people including a number of executives of the Anil Ambani Group companies. ED sources had said the investigation primarily pertains to allegations of illegal loan diversion of around Rs 3,000 crore, given by the