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Wednesday, December 3, 2025
TopicReliance Industries

Topic: Reliance Industries

Thanks to Modi govt, Mukesh Ambani plans to make Reliance debt-free hit multiple snags

Mukesh Ambani’s Reliance faces a Modi govt petition in court to halt its stake sale to Saudi Arabia’s Aramco and also unfriendly tax proposals.

Mukesh Ambani unveils e-commerce platform to take on Amazon & Flipkart

JioMart, open to select customers who pre-register, promises more than 50,000 grocery products, free home delivery and a return policy that asks no questions.

Mukesh Ambani’s wealth surged by $17 billion this year, the most in Asia

Mukesh Ambani’s net worth is now about $61 billion. The surge in his fortune was fuelled by a 40% jump in the shares of Reliance Industries.

Sony in talks to buy stake in Mukesh Ambani’s Network18 TV company

A successful deal will help Sony bolster its local offerings & take on rivals such as Netflix while it will give Network18 access to international content.

Mukesh Ambani’s Reliance overtakes BP, breaks into club of 6 global oil supermajors

Reliance’s market value has surpassed BP and it’s also narrowing the gap with PetroChina Co., currently Asia’s biggest oil company by market cap.

Mukesh Ambani readies India’s Alibaba with $24 billion holding firm

Ambani’s move is latest sign of Reliance’s pivot toward data & digital services for future growth, as it builds platform to take on Amazon & Flipkart.

Mukesh Ambani’s debt-fueled bet on India’s rising middle class is paying off

Mukesh Ambani has ambitions to take on Amazon and Walmart in India, where the middle class is driving the growth of e-commerce.

Reliance chairman Mukesh Ambani announces Rs 10,000-crore fresh investment in West Bengal

The announced investment will be over and above the Rs 28,000 crore corpus Reliance has already pumped in the state.

Mukesh Ambani outlines plan to take on Amazon in India

Jio currently has 280 million subscribers, while Ambani’s retail arm operates nearly 10,000 outlets.

Reliance plans to expand consumer biz by raising Rs 40,000 crore in fresh debt

Reliance plans to raise funds through bonds and loans even as its total debt trebled in the last five years. 

On Camera

The politics of air pollution—how they are fooling the citizens

Greens have a sizeable support in the Western countries with clean air and blue skies, but not in India, where poisonous air, water and soil kill millions.

India picks up non-sanctioned Russian oil as discounts widen

The purchases confirm a cautious return to Russian oil, though overall spot purchases remain limited. Trade talks between US and India are ongoing.

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.