Page 3 - Reliance Group

ED raids 35 premises, searches 50 companies linked to Anil Ambani

Probe relates to alleged illegal diversion of loans worth Rs 3,000 crore from Yes Bank

Kelvinator's revival: Can nostalgia bring vintage brands back to life?

Experts says "Nostalgia can play a powerful role, but it's not a guarantee of success"

Whirlpool India stake sale: EQT, Bain lead as Reliance, Havells step back

Private equity firms EQT and Bain Capital are leading the race to acquire a 31 per cent stake in Whirlpool India, as rivals like Reliance Industries and Havells withdraw over valuation concerns

Reliance, Adani, Mahindra among top firms in ₹60k cr govt ITI upgrade plan

The Ministry of Skill Development and Entrepreneurship plans to modernise 1,000 ITIs, train two million youth in five years, and align vocational education with industry needs in a hub-and-spoke model

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

Reliance acquires home appliances firm Kelvinator for undisclosed sum

Deal will enable Reliance Retail to significantly broaden offering in consumer durables sector, company says

Reliance outperforms Nifty with $40 bn gain in best run since 2020

Shares of the country's most valued firm have surged 22 per cent this year, compared with a 6 per cent rise in the NSE Nifty 50 Index

Reliance Industrial Infra gains 3% after Q1 results; check key numbers here

Reliance Industrial Infra's consolidated total income fell marginally to ₹18.28 crore from ₹18.43 crore in the year-ago period

HC tells Amazon, Flipkart to take down goods infringing Reliance marks

Court restrains sellers from misusing Reliance and Jio trademarks and directs major e-commerce platforms to delist infringing listings and share seller information

Best of BS Opinion: India must go from pro-business to pro-market

Today's newsletter ties together multiple issues, but the central theme remains one of much-needed reform and regulatory action, be in in job creation or aviation or industry

5 technical reasons why Jio Financial Services stock can rally another 22%

Jio Financial Services has surged over 67% in the last four months; here are 5 reasons why the stock looks strong on technical charts.

Anant Ambani to get ₹10-20 cr salary as executive director of Reliance

Anant Ambani, the youngest son of billionaire Mukesh Ambani and the first among three siblings to be appointed Executive Director on flagship Reliance Industries, will be paid Rs 10-20 crore salary annually plus a host of perks including a commission on company profits, according to a shareholder notice. While the richest Asian's all three children - twins Akash and Isha, and Anant - were inducted on board of the oil-to-telecom-and-retail conglomerate in 2023 as non-executive directors, the youngest of the three was in April this year appointed Executive Director of Reliance Industries Ltd. As non-executive directors, the three were entitled to no salary and were each paid a sitting fee of Rs 4 lakh in 2023-24 fiscal year and a commission on profit of Rs 97 lakh each. But as an Executive Director, Anant, 30, will be entitled to salary and other prerequisites. Reliance in a stock exchange notice on Sunday said shareholder approval for the appointment has been sought through a postal

Indian banks ready to lend, but tycoons show little appetite to borrow

Private sector expansion plans are at a three-year low, with bank exposure to key industries like roads, power and telecom down to 11% of their loan book, half the level seen a decade ago

'AI is our future, not a side bet', says Ambani on Reliance's next big leap

Mukesh Ambani says Reliance will use artificial intelligence and deep tech to build its next phase of growth, calling it the company's biggest leap after telecom and energy

Reliance, Havells in race to acquire majority control in Whirlpool India

Whirlpool Corp plans to sell 31 per cent in Indian arm; Reliance, Havells, Bain, and EQT among shortlisted bidders as parent eyes $600 million to fund debt repayment amid global restructuring

Reliance, Dassault Aviation to build Falcon 2000 jets in India by 2028

Dassault Reliance Aerospace Ltd (DRAL) to build Falcon 2000 jets in India; Nagpur facility to serve as global Centre of Excellence, with first aircraft rollout targeted by 2028

Reliance to extend full aid to relief of Air India plane crash: Ambani

Richest Asian Mukesh Ambani on Friday offered full support of his oil-to-telecom group to the relief operations for the victims of the Air India plane crash. In a statement, Ambani, Reliance Industries Ltd Chairman and Managing Director, said he and his wife Nita "are deeply pained and anguished by the grave loss of life caused by the tragic plane crash in Ahmedabad". "We extend our sincere and heartfelt condolences to all those affected by this tragic incident," he said. "In this hour of grief, Reliance extends its full and unwavering support to the ongoing relief efforts and stands ready to assist in every possible way". A London-bound Air India Boeing 787-8 aircraft crashed into a medical college complex moments after taking off from Ahmedabad's Sardar Vallabhbhai Patel International Airport on Thursday, killing 241 of the 242 people on board. The flight was carrying 169 Indians, 53 British nationals, seven Portuguese nationals, and one Canadian national when it burst into flame

Stocks of Mukesh Ambani-owned companies dip up to 58% from 2024 high

Alok Industries, HFCL, Just Dial, Network 18, Den Networks and Hathway Cable, part of RIL-group holdings, were seen trading with huge losses even as RIL stock hit a 8-month high on Wednesday.

Anil Ambani's Reliance Defence, German firm tie up to make munitions

Reliance Defence and Diehl Defence tie up for local production of 155 mm guided munitions in Ratnagiri, with Rs 5,000 crore investment planned over five years

Reliance Power hits over 10-year high, stock zooms 85% in 1 month

Retail investors hold nearly 48.61 per cent stake in Reliance Power as on May 7, 2025, the exchange data shows