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Wednesday, April 22, 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

Mumbai woman who shouted at minister spoke for many Indians, exposed BJP’s protest politics

Had it been a poor woman shouting at Maharashtra minister Girish Mahajan over the roadblock, the police would likely have arrested her, raided her home, and terrorised her family members.

India’s online gaming rules to take effect on 1 May; most games exempt from registration

The rules, which come into force on 1 May, establish an Online Gaming Authority which will determine whether a game is an online money game or online social game in only three situations.

Japan overhauls post-World War II pacifist military approach, lifts restrictions on defence exports

Since October last year, Japan PM Sanae Takaichi has planned to increase defence spending target to 2 percent of GDP.

Trump, Netanyahu’s Iran gamble: The regime change rebound

American objectives are unmet. They neither have muscle nor motivation to resume the war. As for Iran, the regime didn’t just survive, it’s now led by more radical individuals.