Jio Financial share price remains 16.44 per cent lower for the year so far - set for its worst annual performance since listing in 2023, shows data.
Jio Financial Q1 today: Analysts largely expect Jio Financial to see continued expansion in its lending and asset management businesses, though some impact on profit is likely.
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
The court said that Custodial interrogation is required to identify the beneficiaries of proceeds of crime and to unearth the entire trail of money
ED arrests two former Reliance Telecom executives in a money laundering probe linked to an alleged ₹114.98-crore SBI loan fraud case
The tender also attracted bids from metals giant JSW Group and conglomerate Shapoorji Pallonji Group
One proposal involves moving Reliance's cash holdings from liquid mutual funds into short-dated money market instruments, people aware of the conglomerate's thinking said
CBI arrested a Reliance senior V-P Bharat Mathur, and an official from the country's aviation regulator last month, accusing them of agreeing to a $16k bribe to clear drone import applications
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 .
Reliance-Meta AI joint venture REIL names Parminder Singh as CEO to drive enterprise AI capabilities, backed by Meta's technology and Reliance's infrastructure and reach
Indian refiners stepped up purchases of Russian oil after the Trump administration granted waivers that are set to expire this month
Court calls complaint a gross abuse of legal process, sets aside summons issued against Reliance and Mukesh Ambani, and imposes a fine on the complainant
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
US President Donald Trump announces a Reliance-backed refinery project in Texas under a $300 billion deal, months after India and the US signed a major bilateral trade pact
Chevron negotiated the Boscan crude cargo to Reliance this month, marking the first sale of the heavy oil, which is used in asphalt making, in about six years
The commencement of the project will support local vendors & service providers of the shipbuilding ecosystem
With about 900 outlets, Naturals is one of India's largest organised salon chains, ahead of peers such as Lakme and Geetanjali Salon, in a market otherwise dominated by unorganised players
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.