The Supreme Court-appointed Special Investigation Team (SIT) has found that allegations of misuse of water resources and carbon credits against Vantara are entirely baseless, the zoological rescue and rehabilitation centre has said in a statement. An apex court bench comprising Justices Pankaj Mithal and P B Varale on Monday accepted the SIT's report, which found no legal violations in Vantara's operations in Jamnagar, Gujarat. The SIT cleared Vantara, run by Reliance Foundation, of all major allegations, including claims that it was acquiring animals to profit from carbon credits, the statement said. The court also further clarified that there is no recognised domestic or international framework that awards carbon credits for the rescue, housing, or upkeep of wild animals, it added. "The SIT's detailed review of the centre's operations and funding confirmed that the allegations of misusing water resources and carbon credits were entirely baseless, lacking any factual or legal ...
Bernstein says Mukesh Ambani and Gautam Adani are racing to transform Kutch's barren salt flats into the backbone of India's energy transition with massive clean power projects
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
SIT headed by ex-Supreme Court judge Justice J Chelameswar finds facility in regulatory compliance; states allegations of mistreatment of animals, including elephants, are unsubstantiated
SIT had spent three days at Vantara and engaged multiple other investigative agencies, including senior officials from multiple state forest departments, to assist in the inquiry
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,
Company's Russian crude imports give it cost advantage, according to analysts
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
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
Holding company Jio Platforms Limited to IPO in H1 2026
For this Ambani announced joint ventures with Google and Meta, two of the world's largest tech firms
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.
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
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
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 crore, cut ₹1,400 crore debt, and free ₹600 crore equity to fund future business growth opportunities
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 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 ...
RCPL partners with Ceylon Cold Stores to launch Campa beverages in Sri Lanka, expanding the heritage Indian brand's reach to more overseas markets
Firm identifies quartet of risks to watch through FY26 in its annual report