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Wednesday, December 3, 2025
TopicReliance Industries Ltd

Topic: Reliance Industries Ltd

Reliance cuts salaries, Mukesh Ambani won’t get any pay this year

Loss of demand for refined oil products and plastics has put pressure on the hydrocarbons business forcing Reliance to reduce costs.

RSS affiliate slams Facebook-Jio deal, says it’s a bigger threat than Amazon, Flipkart

Concerns raised by Swadeshi Jagran Manch were echoed by Confederation of All India Traders and the Laghu Udyog Bharati, another RSS affiliate.

Modi govt proposal to remove anti-dumping duty on chemical PTA could hurt Reliance

Purified terephthalic acid or PTA, used in manufacture of polyester, is important for textile industry. Reliance is among world's largest producers of the chemical.

Indian govt trying to stop Reliance Industries from selling assets, says report

The govt has sought to prevent Reliance Industries from selling its assets and honoring a $4.5 billion international arbitration award.

Time is right, Tiffany says as it partners Reliance to enter Indian jewellery market

Tiffany says retail environment in India was quite volatile but has in recent years become a clear-enough destination for luxury shopping.

Mukesh Ambani cutting Reliance debt is a bad omen for Indian economy

Why is Mukesh Ambani hitting the brakes on a seven-year, $100 billion investment spree across refining, petrochemicals, telecom and retail?

Why Saudi Aramco is overpaying for a mere 20% stake in Mukesh Ambani’s Reliance Industries

Saudi Aramco is happy to pay a rich price for Reliance as India is likely to soon overtake the US as the world’s biggest net importer of crude.

Saudi Aramco to buy major stake in Mukesh Ambani’s Reliance oil, chemicals unit

The deal, which is the biggest foreign investment in Reliance’s history, will cover all of the company's refining & petrochemical operations.

Reliance bid to sell its stake in Saudi oil company Aramco faces hiccups in deal structure

Aramco is concerned about Reliance’s proposal to shift some debt of the wider group to its refinery business ahead of the transaction.

Mukesh Ambani buys iconic British toy store chain Hamleys

The Hamleys acquisition is the latest in a string of purchases in Ambani’s push into consumer business & will add heft in battle with Amazon & Walmart.

On Camera

My grandmother saved her children in Bhopal gas tragedy—and sacrificed her own life

‘Mother kept pouring water in our eyes whenever the burning became unbearable. She pushed our bodies deep into the blanket, making sure not a single part was exposed,’ my father said.

India’s Russian oil imports are showing up in cryptic new places. The crude map stands redrawn

December oil imports from Russia may drop nearly 50%, but Indian buyers already shifting to non-designated Russian entities and opaque trading channels to keep Russian oil flowing.

India to commission new squadron of submarine-hunting Romeo choppers in Goa later this month

The helicopters produced by Lockheed Martin are known as ‘submarine hunters’. India ordered 24 of these aircraft in 2020 to replace the Sea King helicopters. 15 have been delivered till date.

Gaali cricket: Bavuma stands tall, India’s Test ego cut to size

The India-South Africa series-defining fact is the catastrophic decline of Indian red ball cricket where a visiting team can mock us with the 'grovel' word.