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.
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
Company's Russian crude imports give it cost advantage, according to analysts
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
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
Three mega IPOs, from diverse businesses and historic relevance, could script a new story for India Inc
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
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
According to the Nuvama report, the deflationary impulse from tariff-driven global slowdown is likely to hurt domestic cyclicals the most.
RIL targets retail revenue growth of over 20 per cent CAGR for three years and has ambitions of becoming India's biggest FMCG player
It is with deep regret that we share the NMACC India Weekend in New York, scheduled to open on Sept. 12, has been postponed due to unforeseen circumstances, the Nita Mukesh Ambani Cultural Centre said
Reliance Industries (RIL) share price hit a 4-month low after AGM as Jio IPO plans raised holdco discount fears. Read to find out analysts' ratings with new share price targets
Stocks to Watch today: Reliance Industries, Adani Power, Torrent Power, NCC, Popular Vehicles and RBL Bank are among the stocks to watch today, September 1, 2025
Reliance Industries got its 'Buy' call retained from most analysts, with a target price going as high as 27 per cent.
Ambani scion details expansion in petrochemicals, bioenergy and green hydrogen in first appearance as RIL ED
JioStar, the Reliance-Disney venture, races ahead with 600M users and 34% TV share
At RIL's AGM, Ambani unveiled Reliance Intelligence, Jio's 2026 IPO plan, and a consumer push as new growth engines
Ambani highlighted that the past year brought extraordinary complexity in global energy markets. Supply chain disruptions and trade shifts posed major challenges, he said
RIL AGM: Jio Chairman Akash Ambani added that the company has crossed 500 million customers, making it one of the largest telecom operators globally
Reliance Intelligence will bring global companies to India and deliver trusted and easy-to-use AI solutions for consumers, small businesses, enterprises, Mukesh Ambani said