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Friday, August 22, 2025
TopicReliance

Topic: Reliance

Saudi Aramco, Reliance in advanced talks for $25 billion deal

Shares in Reliance extended gains to as much as 2.6% after reports of a possible deal between Reliance & Aramco after more than two years of negotiations.

MIDC signs ‘strategic investment initiative’ with Reliance Life Sciences

In a statement Friday, Maharashtra Industrial Development Corporation said Reliance Life Sciences will invest Rs 2,100 crore on a research and manufacturing facility in Dindori, Nashik.

Amazon wins Bezos-vs-Ambani battle as SC halts $3.4 billion Reliance-Future deal

Supreme Court verdict is a setback for Ambani, who owns India's largest retail chain but was relying on Future’s brick-and-mortar stores to add to its footprint.

Reliance, HUL, TCS, Infosys top list of vaccinating workers as India Inc aces vaccine race

While private sector has been efficient in procuring shots to speed up India's vaccine drive, it accounts for less than 20% of the workforce, underscoring the wide disparity in vaccine access.

Mukesh Ambani calling — Reliance to buy majority stake in Just Dial to expand digital offering

Just Dial gives Reliance foothold in gig economy & adds to bouquet of digital offerings, which includes online retail, music, video streaming, gaming & financial services.

Mukesh Ambani invested in an AI company in 2014. It’s now monitoring fuel pipelines amid Covid

Mukesh Ambani’s Reliance Industries made a rare $100,000 investment in Detect Technologies. Detect now has Exxon Mobil, Adani Transmission & Power Grid Corp as its clients.

Anil Ambani’s Reliance Big is betting we can go back to cinema halls by end of this year

Reliance Big is hoping to release two Hindi-language films in theaters in the next 3 months. CEO Shibasish Sarkar says directors & actors are striving to get movies released on a larger screen.

Mukesh Ambani announces Rs 75,000 crore investment in new energy business

Ambani said the new energy business will be launched in 2021 with the aim of bridging the green energy divide in India and globally.

Saudi Aramco chairman Yasir Al-Rumayyan to join board of Reliance Industries

Al-Rumayyan will replace Yogendra P Trivedi as an independent director in a precursor to a USD 15 billion deal, said Mukesh Ambani in the company's annual meeting of shareholders.

Reliance-Google cheap smartphone faces supply chain snags, but Ambani will unveil it 24 June

Mukesh Ambani's Google-powered smartphone is facing headwinds with rising component prices and fall in volume but a delay in its launch can be a significant setback for Reliance.

On Camera

Tariffs, chips, and China — how Trump’s trade playbook affects India

Trump’s OBBB is framed to augment domestic semiconductor production and enhance trade protection, even at the expense of certain social programs such as Medicaid, food stamps, and student loans, as well as a projected ballooning federal deficit from US$2.8 to 3.3 trillion

New insolvency frameworks to shorter timelines, how 2025 amendment bill proposes to transform IBC

New bill aims to fix key issues with IBC 2016, including delays & patchy implementation, and protect creditors, with window for genuine promoters to retain control of their companies.

Indian firm joins hands with US manufacturer to locally develop all-terrain vehicles for armed forces

Under joint venture, JSW Sarbloh Motors will indigenise and manufacture TX range ATVs in Chandigarh. The first India-assembled unit is expected by early 2026.

War of IAF, PAF doctrines: As Pakistan obsesses over numbers, India embraces risk, wins

Now that both IAF and PAF have made formal claims of having shot down the other’s aircraft in the 87-hour war in May, we can ask a larger question: do such numbers really matter?