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Tuesday, July 22, 2025
TopicReliance Industries Ltd

Topic: Reliance Industries Ltd

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

Saket Sundria -
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

Shanker Arnimesh -
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

Remya Nair -
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

Archana Chaudhary -
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

Kim Bhasin -
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

Andy Mukherjee -
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

David Fickling -
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

Debjit Chakraborty -
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

Saket Sundria -
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

P. R. Sanjai -
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.
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Opinion

Bihar mimics 19th-century American South. Citizenship is now weaponised to exclude voters

+TFP Ashutosh Varshney -
Disenfranchisement by institutional fiat is profoundly undemocratic. The effect of the ECI's new documentary process in Bihar will tilt the scales in favour of the BJP.

Radhika Yadav’s murder proves the khap panchayat never left—it just moved back into the family

Bihar ADG linking farmers to rising crime uncalled for. Data just doesn’t support such claims

Economy

India-US set to ink mini trade deal soon, reach understanding on agricultural & dairy products

Keshav Padmanabhan -
Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.

Defence

Not just AK-203, India & Russia to jointly manufacture AK-19 and PPK-20 for domestic use and export 

Snehesh Alex Philip -
India-Russia JV is also racing to deliver 7,000 more AK-203 assault rifles by 15 Aug. These are currently being made with 50% indigenisation and this will surge to 100% by 31 December.

National Interest

Strategic partner one day, tactical nightmare the next: India’s learning Trumplomacy the hard way

Shekhar Gupta -
Public, loud, upfront, filled with impropriety and high praise sometimes laced with insults. This is what we call Trumplomacy. But the larger objective is the same: American supremacy.

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