Page 4 - Reliance Industries

Anil Ambani offers to appear via 'virtual means' before ED in Fema case

Reliance Group chairman Anil Ambani has offered to appear before the Enforcement Directorate through "virtual means" following summons issued to him under the FEMA for Friday. A statement issued by a spokesperson of the 66-year-old businessman said he has written to the federal probe agency assuring "fully cooperation" in the probe being conducted under the Foreign Exchange Management Act (FEMA). The agency, according to sources, had asked Ambani to appear in person on Friday and get recorded his statement under the FEMA. The investigation pertains to the Jaipur-Reengus Highway Project where the ED suspects that funds worth about Rs 100 crore were sent abroad via the hawala route. The ED has recorded the statement of various persons, including some alleged hawala dealers, following which they decided to summon Ambani, the sources said. Hawala denotes illegal movement of funds, largely in cash. The businessman has once been questioned by the ED in a money laundering case linked to

Bihar Exit Polls, US-India deal: Reasons for Sensex, Nifty rally today

Stock Market Today, Nov 12, 2025: Sensex and Nifty jumped nearly 1% on NDA poll hopes, India-US trade deal optimism, and gains in IT, RIL shares

RIL stock jumps 10% in 1 month, nears record high. Should you buy or hold?

Brokerages maintain 'Buy' rating as analysts believe Reliance Industries is well-positioned to benefit from rising data demand, and an increase in telecom tariffs plus retail business growth.

Bombay HC notice on plea for CBI probe into RIL's $1.55 bn ONGC gas theft

The petition was filed by Jitendra P Maru, who requested the court to order the Central Bureau of Investigation (CBI) to take action against RIL and its directors

Reliance, Titan, 2 others among Goldman's top stock picks; what charts say?

Goldman Sachs top stock picks: Tech charts predict up to 19% upside for Reliance, Titan, PTC Industries; Havells India, however, may underperform in the near-term; check key levels for these 4 stocks.

Reliance trying to sell some cargoes of Middle Eastern oil in rare offer

The company, controlled by billionaire Mukesh Ambani, has been trying to sell grades including Murban and Upper Zakum on the spot market

PTC Ind, RIL among 5 Indian stocks in Goldman Sachs' APAC conviction list

Among sectors, their biggest 'conviction' as regards India is on the defence sector, where Goldman Sachs believes PTC Industries is scores over its peers

NCLAT rejects Reliance Realty plea, orders liquidation be completed quickly

The appellate tribunal NCLAT has set aside an appeal filed by Reliance Realty, a step-down entity of debt-ridden Reliance Communications, seeking recovery of rental and assets from Independent TV, a firm which was in the DTH business and is now facing liquidation. The National Company Law Appellate Tribunal (NCLAT) has upheld the earlier order passed by the Mumbai bench of NCLT, which had declined Reliance Realty's plea and said the liquidation process of Independent TV (formally known as Reliance Big TV) has to be completed in a time-bound manner and in the shortest possible time. A two-member bench said the liquidation process should not be "disrupted and derailed by the Appellant (Reliance Realty) who for no cogent reasons had never agitated the issue of ownership of assets lying in the leased premises". "We do not find any infirmity in the impugned order allowing the Liquidator to remove all moveable assets of the Corporate Debtor lying at the leased premises and in restraining

Mcap of 4 top valued firms jumps by ₹95,447 cr, Reliance biggest gainer

The combined market valuation of four of the top 10 valued firms jumped by Rs 95,447.38 crore last week, with Reliance Industries emerging as the biggest gainer. From the top-10 pack, Reliance Industries, Bharti Airtel, State Bank of India and Life Insurance Corporation of India (LIC) were the gainers, while HDFC Bank, TCS, ICICI Bank, Bajaj Finance, Infosys and Hindustan Unilever faced a combined erosion of Rs 91,685.94 crore from their valuation. The market valuation of Reliance Industries surged by Rs 47,431.32 crore to Rs 20,11,602.06 crore. State Bank of India added Rs 30,091.82 crore to take its valuation to Rs 8,64,908.87 crore. The market capitalisation (mcap) of Bharti Airtel climbed Rs 14,540.37 crore to Rs 11,71,554.56 crore and that of LIC by Rs 3,383.87 crore to Rs 5,65,897.54 crore. However, the valuation of Bajaj Finance tumbled Rs 29,090.12 crore to Rs 6,48,756.24 crore. The mcap of ICICI Bank tanked by Rs 21,618.9 crore to Rs 9,61,127.86 crore. The valuation of ..

Stocks to Watch today: ITC, RIL, TCS, Vedanta, Hyundai Motor India, Swiggy

Stocks to Watch Today, October 31, 2025: RIL, Hyundai Motor India, TCS, Bharat Electronics, ITC, Swiggy, United Spirits, and Sunteck Realty are among the top stocks to watch today

Reliance Jio users to receive ₹35,100 Google AI Pro boost, for free

Jio users to receive 18 months of free Google AI Pro access as telecom giant positions for AI infrastructure business

Reliance, Google announce free Gemini AI offer for Jio 5G subscribers

Earlier this year, Jio's rival telecom operator Airtel also partnered with AI firm Perplexity to offer its subscribers free access to Perplexity Pro for 12 months

Beauty parade in full swing as Reliance shortlists bankers for Jio IPO

RIL to finalise bankers for Jio Platforms' IPO by year-end; listing expected in first half of 2026, likely to be India's biggest at around $6 billion; recalibrates Russian oil imports amid US sanction

Buy or Sell? How to trade Reliance, ONGC, OMC shares amid Russian oil ban

Crude Oil prices have soared 7% in the last two weeks following fresh US sanctions on Russian oil imports. Back home, shares of oil exploration and marketing companies look favourably placed on charts

Sensex jumps 720 pts, Nifty reclaims 26,000; why markets rallied on Oct 27?

The BSE Sensex climbed 720.20 points, or 0.85 per cent, to hit an intraday high of 84,932.08, while the NSE Nifty50 advanced 210.80 points, or 0.81 per cent to 26,005.95

Reliance Industries shares rise 2% after incorporating JV with Meta for AI

RIL shares were among the top gainers, rising over 2 per cent, after it incorporated REIL, a joint venture with Meta

Stocks to Watch today: RIL, Dr Reddy's Labs, Coforge, Hudco, Container Corp

Stocks to Watch Today, Monday, October 27, 2025: Reliance Industries, Container Corporation of India, PTC Industries, Mazagon Dock Shipbuilders, and Indian Oil are among the top stocks to watch today

Reliance investments in AI infra may top $12-15 bn: Morgan Stanley

Billionaire Mukesh Ambani's Reliance Industries Ltd may spend about USD 12-15 billion over the next few years on AI infrastructure that could include a giant 1GW data centre, Morgan Stanley said in a report. Ambani had at the company's annual shareholder meeting in August announced a major push into AI through a new subsidiary and strategic partnerships. A new wholly-owned subsidiary, Reliance Intelligence will spearhead the conglomerate's AI initiatives that will be centered around four pillars -- Infrastructure (building gigawatt-scale, AI-ready data centers), Partnerships (collaborating with global tech leaders to bring cutting-edge AI solutions to India), Services (developing AI-powered services tailored for Indian consumers, small businesses, and enterprises in sectors like education, healthcare, and agriculture) and Talent (investing in upskilling and nurturing India's AI workforce). Reliance has re-invented itself every decade, and AI is set to reshape its equity story, Morga

Reliance, Meta announce AI joint venture in India, to invest ₹855 crore

Reliance Intelligence will own 70 per cent and Facebook 30 per cent in the new AI venture, with both firms together investing about ₹855 crore to develop and expand enterprise AI services in India

RIL to adjust refinery operations after US sanctions Russian oil firms

Reliance also agreed to follow EU guidelines on imports of refined oil products into Europe amid widening sanctions on Russian crude trade