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Tuesday, March 31, 2026
TopicReliance Industries

Topic: Reliance Industries

Ambani’s $300 billion Texas hedge is a nod to MAGA

Message from the tycoon seems to be clear: No matter who’s at war with whom, conveyor belt to Gujarat must not stop. It’s a masterclass in MAGA diplomacy that will also serve US-India ties.

Global media spotlights Reliance’s Texas refinery; says India has much to lose from world in chaos

Also, The Economist examines if India’s ‘balancing act’ amid chaos offers it autonomy, or does it suggest it is ‘dangerously dependent on lots of different places at once’.

India wants Canada’s resources as nations build on truce, British Columbia’s Premier says

Premier David Eby, the leader of the minerals- and gas-rich province of British Columbia, spoke with executives at Tata Steel and Reliance Industries on a trade mission to India.

India is cornered by China’s lock on tech

Indian corporate chiefs—from Ambani to Adani—are looking to China as a solution to their tech deficit. And China views India as a market where it can offload some excess production.

SubscriberWrites: What was behind 42k jobs cut at Reliance Industries

The number of employees at the conglomerate's telecom division, Reliance Jio, decreased as well, from 95,326 in FY23 to 90,067 in FY24.

Disney, Reliance have signed binding media pact to merge operations in India, reports Bloomberg

The media unit of Reliance, controlled by Mukesh Ambani, and its affiliates are expected to own at least 61% of the merged entity, with Disney holding the rest, the report said.

Mukesh Ambani’s 3 children to join Reliance Industries board as ‘non-executive directors’

At RIL's 46th annual general meeting in August, Chairman Mukesh Ambani had shared succession plan for Isha, Akash and Anant Ambani, saying they would take up significant roles the firm.

Gucci, Cartier, Louis Vuitton to expand with new outlets in Reliance’s luxury Mumbai mall

Lease documents provided by CRE Matrix showed that Burberry Group as well as several brands owned by LVMH, Kering & Richemont have agreed to rent shops in the mall.

US chipmaker Nvidia, Reliance strike AI partnership for apps, language models

Nvidia will provide computing power for the project, while Reliance will develop AI apps, including a local language app for farmers to access weather info and crop prices.

Reliance signs agreement with Brookfield for renewable energy push in Australia

Brookfield Asset Management said in March it will invest A$20 billion and A$30 billion over the next ten years in Australia along with it partners in renewable energy projects.

On Camera

How West Asia crisis can play out for PM Modi and BJP in Assembly polls

While the Russia-Ukraine war saw the BJP projecting PM Modi as a ‘vishwaguru’ who could end international conflicts, the party has made a nuanced shift in its electoral strategy vis-à-vis the West Asia war.

Foreign investors dump record $12 bn India stocks in March on war

Soaring energy costs have hurt oil-importing Asian peers, but the scale of outflows from India points to already bearish global sentiment.

India developing lethal autonomous weapon systems, database of citizens’ crime risk—House Panel report

Report on impact of AI emergence—drawing upon depositions from several ministries—confirms that the developments come in the absence of AI laws or considerations over them.

Gulf war exposed India’s fragilities. It’s time for navel-gazing, in the national interest

It’s easy to understand why the government can’t speak the hard truth. When this war ends, as all wars do, India’s interests will lie with both the winner and the loser.