Latest Updates Around The World
New Delhi: An AI-powered robot serves food during the India AI Impact Summit 2026, at Bharat Mandapam, in New Delhi, Tuesday, February 17, 2026. (PTI Photo)(PTI02_17_2026_000113A) | Photo credits: – ndia’s AI Impact Summit 2026 Live: New Delhi is all set for the global spotlight on February 19, as the India AI Impact Summit 2026 […]
Gold and silver have made headlines again after a sharp rise in prices, luring investors back to traditional safe havens. But even as there is focus on precious metals, Mukesh Ambani said parking savings in precious metals may not really contribute to wealth growth in a fast-growing economy like India.Speaking at a JioBlacrock event, Ambani […]
Reliance Industries Chairman Mukesh Ambani on Tuesday made a strong case for diverting Indian households’ savings to the capital markets, arguing that the country’s long-standing preference for physical assets such as gold has slowed the production of productive wealth at a time when India is entering a robust growth phase.In a conversation with BlackRock CEO […]
Billionaire Mukesh Ambani-backed shares of Reliance Industries (RIL) rose 7% to a day’s high of Rs 1,489 on BSE, while shares of Adani Group rose up to 13% on Tuesday after US President Donald Trump announced a landmark trade deal between India and the US that cuts tariffs from 50% to 18% and opened the […]
LONDON/MUMBAI/HONG KONG: Reliance Jio Platforms is considering an initial public offering this year that would see 2.5% of the company floated, a move that could make it the country’s biggest ever IPO, valued at more than $4 billion.The company, led by Mukesh Ambani, is the parent company of India’s largest telecom operator Reliance Jio, with […]
Reliance Industries Ltd. has started work on an initial draft prospectus for a listing of Jio Platforms Ltd., people familiar with the matter said, in what is expected to be India’s largest-ever initial public offering.The company is speaking informally with the banks to prepare a prospectus to file with the regulator as soon as possible, […]
Mutual funds and domestic investors continued to show confidence in Reliance Industries Ltd (RIL) during the September quarter of FY26 even as foreign portfolio investors (FPIs) marginally reduced their exposure. According to the official shareholding data filed with the BSE, mutual funds increased their stake in the company to 9.5% in the September quarter compared […]
Reliance Industries (RIL) on Friday reported a decline in sales for the September quarter, although consolidated net profit came in lower than Street estimates. Both revenue and profit showed double-digit growth despite a challenging environment for the O2C business, while the telecom and retail segments delivered robust performance. Here are the top 10 takeaways from […]
Reliance Retail on Friday reported 22% year-on-year (year-on-year) growth in net profit at Rs 3,457 crore in the second quarter. Revenues rose 19% year-on-year to Rs 79,128 crore. Reported EBITDA, including investment income, stood at Rs 6,816 crore, while margins remained stable at 8.6%. “Reliance Retail delivered a strong performance this quarter, led by our […]
