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Friday, August 15, 2025
TopicReliance Industries

Topic: Reliance Industries

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. 

Reliance touches $100 billion market cap mark again after 11 years

RIL first crossed the mark in October 2007 when the rupee was at 39.5 to a dollar.

On Camera

Nobel committee, note how Trump allowed Munir to make nuclear threat against India from US soil

So far, India has responded to his threats with a measured, diplomatic, strategic, and multi-dimensional approach. Now, it needs to react firmly.

Slashing GST on waste can unlock Rs 1.8 lakh crore, high tax hurting circular economy goals—CSE

Centre for Science and Environment in new report makes case for rationalising GST on waste material, saying most informal operators can’t afford high tax & it also hinders recycling.

President awards 1st set of Sarvottam Yudh Seva medals since Kargil, 7 honoured for leading Op Sindoor

This year, the Indian Air Force received four of the seven awards, followed by the Indian Army with two medals, and the Indian Navy with one. 

Modi’s ready to risk it all for farmers. Farm reform can answer Trump with new Green Revolution

Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.