At least 7 of India's largest companies, including RIL's retail arm and consumer bellwether Hindustan Unilever Ltd., have flagged softer consumption demand and a challenging operating environment
India is riding high, adding more billionaires than ever and outpacing China's wealth growth
Reliance plans to leverage its 3,000 supermarkets in 1,150 cities for quick deliveries by deploying small teams operating from dedicated kiosks inside
The website first went viral when a Delhi-based techie registered the domain in 2023, hoping to get Reliance to fund his higher studies in exchange for the domain
In 2021, Reliance, controlled by billionaire Mukesh Ambani, announced the opening of an office in UAE to trade oil and refined fuels including petrochemicals
The anonymous techie, who has registered the JioHotstar domain, is willing to sell it to Reliance Industries at one-tenth of the original asking price but is yet to receive any proposal from billionaire Mukesh Ambani-led conglomerate. The Delhi-based app developer -- who has been grabbing social media attention for his unique demand to fund his higher studies by selling the JioHotstar domain, following the merger deal of media assets of Reliance and India business of Walt Disney -- wants to avoid a legal battle with the corporate giant and hopes that a compassionate stand would be taken. In a response to PTI query on mail @Jiohotstar, the ID mentioned on the viral post, the anonymous techie said: "I haven't received any reply and proposal from reliance". "I don't think they intend to pay in my case as well. I would be extremely happy if they do," he said in the reply. Several legal experts have contended that he has a "winnable case" and there is a fair chance that there can be eve
The developer requested £93,345 from Reliance Industries to cover his tuition fees for an Executive MBA programme at the Cambridge, but was denied
Ambani highlighted that aside from the US and China, India boasts the best digital connectivity, adding that Jio has become the largest data company globally
After the merger, Disney and Reliance will together have more than 100 TV channels and two streaming apps
Reliance could seek support around its 100-WMA in the run-up to the bonus record date; Whereas, PNC Infratech too has witnessed a 'Death Cross' and could slide another 21% from here on.
RIL's exports are at a five-quarter low in value terms, and a 15-quarter low as share in O2C revenues
India's $4.6 billion soft drink market has long been dominated by Coca-Cola and PepsiCo, but Reliance's entry is now causing a stir
L&T is developing these electrolysers in partnership with French company McPhy and has set up this factory at its Hazira facility
33 out of 50 constituent stocks of the Nifty50 were trading lower, dragged by Trent, Mahindra & Mahindra, Hero Motocorp, Titan Company, and Tata Motors
Earlier, Elon Musk had criticised Mukesh Ambani's auction proposal for satellite services as "unprecedented", while advocating for a direct licensing method of allocation
No auction of satellite spectrum: Telecom minister
RIL share price: Some brokerages have also cut Reliance Industries (RIL) share price targets, factoring-in the sluggishness seen in oil-to-chemical (O2C) and retail verticals
Challenges in retail and refining remain key to reversing downgrade cycle, say analysts
Stock Market Today: Bears took the reins on the D-Street as 21 out of 30 constituent stocks of BSE Sensex ended in red, dragged by Bajaj Finance, Reliance Industries, and Tata Steel
As traders await bonus share record date announcement; technical chart shows that Reliance stock has strong support at Rs 2,640 its 20-MMA - a key moving average the stock has held since June 2023.