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Monday, September 8, 2025
TopicReliance

Topic: Reliance

Clock ticking for Anil Ambani, Subhash Chandra to save shares they’ve pledged

Anil Ambani, Subhash Chandra have raised funds to expand their empires by pledging equity stakes in their firms and repayment dates are looming.

Anil Ambani’s GCX Ltd files for bankruptcy after defaulting on payment on $350 million bonds

GCX Ltd, which owns the world’s largest private undersea cable system, is the latest among Anil Ambani’s companies to file for bankruptcy in the past year.

After telecom, Anil Ambani’s shipyard faces insolvency as banks reject debt restructuring

A bankruptcy tribunal ruling favouring banks will deal another blow to Anil Ambani’s stressed empire after his wireless carrier slipped into insolvency.

Too much natural gas damages a $4 billion bet by Mukesh Ambani’s Reliance

A delayed project to convert petcoke into gas at Reliance has now been hit by global gas market crash & growing supplies from the US, Australia & Russia.

How Mukesh Ambani is grooming his children to take over his $50 billion empire

Mukesh Ambani has big ambitions in new areas like e-commerce and is enlisting his children to help drive the modernisation of his empire.

Deal with Reliance allows Saudi Aramco to hold on to its grip over Indian oil market

Aramco’s plan to buy 20% of Reliance will allow Saudi Arabia to easily reclaim India’s top oil supplier spot from Iraq.

Mukesh Ambani looks to slash $22 billion of Reliance debt with Aramco, BP deals

Mukesh Ambani told shareholders that Reliance Industries aims to be a zero-net-debt company in 18 months.

Mukesh Ambani’s Reliance to buy Google-backed start-up Shopsense Retail

Reliance is adding Fynd as part of its focus on consumer businesses & mobile phone services as growth areas for the sprawling conglomerate.

Dassault Aviation likely to start making Rafale parts in India this year for global clients

Dassault Aviation, the manufacturer of Rafale, is said to have already carried out a test production of certain parts that could be manufactured in India.

Reliance Capital protests downgrade, says it will cut debt 50%

Care Ratings has cut the firm’s long-term debt program to BBB from A and kept it on credit watch.

On Camera

Bangladeshi Hindus are celebrating CAA extension. It’s their lifeline

Bangladeshi Hindu leaders are either in jail or in hiding. And some journalists who tried to report their continued persecution have either lost their jobs or mysteriously died.

Punjab’s paddy farmers are staring at big losses. Why flood impact may spill out of India’s rice bowl

As devastated farmers begin to come to terms with the fallout, 4 lakh hectares of land under paddy cultivation across state is flooded. Punjab is among the biggest contributors to PDS.

IAF set to welcome first 2 Tejas Mk-1As soon, earlier order of 40 Mk 1 yet to be completed

Of the 40 Tejas Mk-1 aircraft ordered—comprising 16 IOC single-seaters, 16 FOC single-seaters & 8 twin-seat trainers—IAF has received 38 with two trainers yet to be delivered.

Punjab is fast becoming the new Northeast. And there’s a message in it for Modi

In its toughest time in decades because of floods, Punjab would’ve expected PM Modi to visit. If he has the time for a Bihar tour, why not a short visit to next-door Punjab?