In a strategic move to boost offshore energy exploration and operational efficiency, Oil and Natural Gas Corporation Ltd (ONGC) and Reliance Industries Ltd have signed an agreement to share resources such as supply vessels used in finding and producing oil and gas. The two firms signed an MoU for resource-sharing collaboration on the sidelines of India Energy Week (IEW), ONGC Director (Production) Pankaj Kumar said. The pact aims to enhance operational efficiency, enable faster execution of offshore projects, and create stronger synergies between India's largest oil and gas producer and the nation's biggest and most valuable company who have adjacent fields and operations particularly off the east coast, he said. It seeks to explore opportunities to jointly utilise resources, infrastructure, and technical capabilities across offshore energy activities so as to reduce duplication of efforts, optimise capital deployment, and support timely development of offshore assets, which are ...
Reliance last received Russian crude in December after securing a one-month US concession that allowed it to wind down dealings with the sanctioned Russian oil producer Rosneft
Reliance Industries stock today dropped below its long-term 200-DMA for the first-time since April 28, 2025. Take a look at how the stock is placed on the daily, weekly and monthly charts.
Thus far in the month of January, RIL's market price declined by 9.5 per cent, while, it has corrected 12 per cent from its all-time high level of ₹1,611.20 touched on January 5, 2026.
Stocks to watch on Monday, January 19: At around 7:10 AM, GIFT Nifty futures were down 180 points at 25,571.50, signaling a gap-down start for the bourses.
Reliance Consumer Products Ltd said four of its brands have crossed the ₹1,000 crore mark, with gross revenue touching ₹15,000 crore year-to-date in FY26, aided by strong festive-quarter performance
Drag on consolidated performance by retail in Q3 was offset to an extent by O2C, telecom
Retail, oil & gas divisions remain laggards
RIL's consolidated Ebitda for Q3FY26 stood at ₹50,932 crore, up 6.1 per cent Y-o-Y. However, Ebitda margin fell to 17.3 per cent from 18 per cent during Q3FY25
Q3FY26 company results: Firms including Tata Technologies, L&T Finance, JSW Infrastructure, Jindal Saw, and Bajaj Healthcare are also to release their October-December earnings reports today
RIL's Q3FY26 earnings may be a mixed bag, with weakness in the retail business likely to offset strong performance in Jio and refining-led gains in the O2C segment
RIL Q3FY26 results preview: Brokerages expect ~10 per cent Y-o-Y Ebitda growth led by O2C and Jio, partly offset by Retail. Check earnings estimates, segment-wise outlook and key monitorables
Reliance Industries on Monday said its plans for battery storage manufacturing remain unchanged and are progressing in line with target timelines. Commenting on reports of the conglomerate pausing plans to make lithium-ion battery cells in India after failing to secure Chinese technology, a company spokesperson said, "We would like to categorically affirm that there has been no change in our plans for creating a world leading battery storage manufacturing ecosystem from cell to containerised ESS, and they are progressing well in line with our target timelines". Reliance had previously indicated 2026 as the target to begin manufacturing battery cells. Its chairman and managing director Mukesh Ambani had in August last year told shareholders that Reliance's battery giga factory will start in 2026, and that it will begin with 40 GWh per year capacity and expand modularly to 100 GWh per year. The spokesperson said updates on new energy business, including battery plans, had been regula
Reliance Industries said its battery cell manufacturing plans remain on track, rejecting a report that it had paused the project after talks with a Chinese technology partner fell through
Talks stalled after the Chinese company withdrew from the proposed partnership amid Beijing's curbs on overseas technology transfers in key sectors
The combined market valuation of seven of the top-10 most valued firms eroded by Rs 3,63,412.18 crore last week, with Reliance Industries emerging as the biggest laggard, amid a bearish trend in equities. Last week, the BSE benchmark declined by 2,185.77 points or 2.54 per cent. "Indian equity markets ended last week on a negative note, reflecting heightened risk aversion triggered by renewed US tariff threats and rising geopolitical tensions," Ponmudi R, CEO of Enrich Money, an online trading and wealth tech firm, said. While Reliance Industries, HDFC Bank, Tata Consultancy Services (TCS), Bharti Airtel, Infosys, Bajaj Finance and Larsen & Toubro faced erosion from their valuation, ICICI Bank, State Bank of India, and Hindustan Unilever were the gainers. The market valuation of Reliance Industries tumbled Rs 1,58,532.91 crore to Rs 19,96,445.69 crore. HDFC Bank's valuation eroded by Rs 96,153.61 crore to Rs 14,44,150.26 crore. The market valuation of Bharti Airtel declined by Rs
The selloff so far this year has wiped about $15 billion (nearly ₹1.3 trillion) off the company's market value, making it one of the stock's worst starts to a year in recent memory
The statement comes amid evolving global discussions on energy trade involving Venezuela, as refiners assess supply options based on regulatory approvals and international sanctions frameworks
Till 01:46 PM on Thursday; the average trading volumes on RIL counter jumped over two-fold, with a combined 11.79 million equity shares changing hands on the NSE and BSE.
The stock of Reliance Industries declined 4.5 per cent and ended the session at ₹1,508.90, its biggest one-day decline since June 4, 2024