Page 6 - Reliance Industries

RIL Q2 results preview: Jio, O2C may aid growth; retail biz could lag

Reliance Q2FY26 results may show muted earnings Q-o-Q. Jio & oil-to-chemicals could boost Ebitda, while upstream business may weaken. RIL Q2 results are due on Oct 17, 2025

Reliance revives TN personal care brand Velvette, Krithi Shetty new face

Reliance Consumer Products relaunches iconic Tamil Nadu brand Velvette with a new premium range of personal care products and actress Krithi Shetty as brand ambassador

Mukesh Ambani tops Forbes India rich list with $105 billion fortune

India's 100 richest see combined wealth fall by 9 per cent to $1 trillion, reflecting market volatility and currency headwinds

Reliance Power to sell Indonesian subsidiaries to Biotruster for $12 mn

Reliance Power on Monday said it will sell 100 per cent stake in several Indonesian step-down subsidiaries to Singapore-based Biotruster Pte Ltd for around USD 12 million. A share purchase agreement has been signed among Reliance Power Netherlands BV, Reliance Natural Resources (Singapore) Pte Ltd and Biotruster (Singapore) Pte Ltd to this effect. Reliance Power will sell 100 per cent equity shareholding in PT Avaneesh Coal Resources, PT Heramba Coal Resources, PT Sumukha Coal Services, PT Brayan Bintang Tiga Energi, and PT Sriwijaya Bintang Tiga Energi, subject to certain conditions precedent and other customary terms and conditions, the company said in a regulatory filing. Around USD 12 million will be received on the closure of the deal. Reliance Power further noted that the buyer does not belong to the promoter/promoter group/group companies.

NCLAT sets aside plea against Reliance Retail capital share reduction

In a relief to the Reliance Industries arm Reliance Retail, appellate tribunal NCLAT has set aside a petition against the leading retailer, which in 2023 reduced the equity share capital of the company, saying non-promoters were offered a "fair value" of their shares. Reliance Retail had in 2023 decided to reduce and cancel 78,65,423 equity shares of the company, held by the minority shareholders, other than the promoters/holding company. Observing that non-promoter shareholders were offered a "fair value" of their shares during the exercise and an overwhelming majority voted in favour of the resolution, the appellate tribunal upheld the earlier order passed by the National Company Law Tribunal (NCLT) and said it found "no reason to upset a reasoned order passed" by it. The NCLAT, while referring to previous judgements, said "selective reduction is permissible if objecting shareholders are paid a fair value of their shares". On July 4, 2023, the board of Reliance Retail Ltd (RRL),

Reliance Consumer inks ₹40k cr MoU with Centre for pan India food plants

Reliance Consumer Products Ltd (RCPL) on Thursday signed a Rs 40,000-crore agreement with the Food Processing Industries Ministry to establish integrated food manufacturing facilities across the country, according to sources. The Memorandum of Understanding (MoU) to this effect was signed at the World Food India 2025 event here, the sources said. Reliance Industries had announced the investment plan at its annual general meeting in August, saying it would create "Asia's largest integrated food parks with AI-driven automation, robotics, and sustainable technologies." RCPL, which emerged from Reliance Retail and became a direct subsidiary of Reliance Industries, has become one of India's fastest-growing fast-moving consumer goods companies, generating revenue of over Rs 11,000 crore in just three years since inception. Under the MoU, RCPL will invest more than Rs 1,500 crore to set up integrated facilities for food products and beverages in Katol, Nagpur in Maharashtra and Kurnool in

Stocks to Watch today, Sept 25: Polycab, Waaree Energies, Akzo, Tata Steel

Stocks to Watch today, September 25, 2025: From Polycab to Akzo Nobel, here is a list of stocks that will be in focus today

Reliance Consumer to invest ₹1,156 cr for manufacturing unit in Tamil Nadu

This facility will span 60 acres and focus on multi-product manufacturing, from regional snacks to biscuits, spices to atta, edible oil and much more

Crude slips to 3-month low; INR weakness seen pressuring OMCs, CGDs: Nomura

Nomura said that the INR's depreciation remains a headwind for OMCs and CGDs, as their input costs are dollar-linked while revenues are in rupees.

RIL, Bharti Airtel set to dominate India's $8bn data centre boom: Jefferies

India's data centre capacity is expected to quintuple to 8GW over the next 5 years, driven by rising internet traffic, growing adoption of AI & stricter regulatory mandates around data localisation.

India's net-zero push to boost RIL, Waaree Energies, SWSolar: Analysts

On the bourses at 9:40 AM, Waaree Energies raced 2.15 per cent higher to ₹3,712.75, and SWSolar moved up 1.36 per cent to ₹267.60. RIL, meanwhile, was trading 0.2 per cent lower at ₹1,391.50.

AI push: RIL incorporates Reliance Intelligence as wholly-owned subsidiary

Reliance Industries on Wednesday said Reliance Intelligence has been incorporated as a wholly-owned subsidiary of the company. The certificate of incorporation was received from the Ministry of Corporate Affairs on Tuesday, RIL said in a BSE filing. "Reliance Intelligence Limited has been incorporated as a wholly owned subsidiary of the company on September 9, 2025," India's largest conglomerate said in the filing. The AI push was announced by RIL at its AGM last month, where Chairman Mukesh Ambani spoke about the formation of the new subsidiary, which will house large-scale AI infrastructure, as the company also unveiled new partnerships with global tech titans Meta and Google. Reliance Intelligence will build gigawatt-scale, AI-ready data centres, powered by green energy and engineered for training and inference at a national scale. AI clearly took centre stage at the shareholders' meet, which also unveiled marquee partnerships with Meta and Google, highlighted by addresses from

Reliance's refining margins projected to stay strong compared to PSU peers

Company's Russian crude imports give it cost advantage, according to analysts

Early GST euphoria gives way to mkt fatigue amid tariff, earnings worries

The BSE Sensex, after rising as much as 889 points (1.1 per cent) during the day, closed at 80,718 - up 150 points, or 0.2 per cent

Reliance plans to raise $2 billion through asset-backed securities

For the asset backed deal, the securities will be issued by a trust and backed by a pool of loans tied to the conglomerate's infrastructure and telecom divisions, the people said

Coming up in 2026: A tale of three IPOs to script a new story for India Inc

Three mega IPOs, from diverse businesses and historic relevance, could script a new story for India Inc

Reliance set to gain most as China curbs price wars, says Morgan Stanley

Reliance is building out a fully integrated solar supply chain in India at a time when overcapacity is forcing China to rationalise its polysilicon production

Ambani rallies global allies as Reliance faces US-India trade storm

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

Why did Nuvama downgrade BFSI, upgrade IT & Reliance Ind? Find out here

According to the Nuvama report, the deflationary impulse from tariff-driven global slowdown is likely to hurt domestic cyclicals the most.

RIL's growth plans, Jio listing can lead to re-rating of its stock

RIL targets retail revenue growth of over 20 per cent CAGR for three years and has ambitions of becoming India's biggest FMCG player