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Reliance Industries Beats Q1 Profit Estimates on Strong O2C, Jio Growth

By Uniquetimesorg July 18, 2026 0

Reliance Industries has reported better-than-expected first-quarter earnings, driven by strong performances in its oil-to-chemicals (O2C), telecom and retail businesses. The company posted a consolidated net profit of ₹20,946 crore for the quarter ended June 30, surpassing analysts’ estimates despite a year-on-year decline due to a one-time gain recorded in the Continue Reading

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Meta Invests $900 Million in CRED, Names Kunal Shah as WhatsApp Chief

By Uniquetimesorg June 23, 2026 0

Meta Platforms has announced a $900 million investment in Indian fintech company CRED, valuing the Bengaluru-based startup at $4.5 billion. As part of the deal, CRED founder Kunal Shah will take over as the global head of WhatsApp, while current chief Will Cathcart moves to a new role within Meta. The move highlights Meta’s growing […]Continue Reading

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Meta Partners with Reliance for First AI Data Center in India

By Uniquetimesorg June 10, 2026 0

Meta has partnered with Reliance Industries to establish its first AI-enabled data center in India, marking a major investment in the country’s growing digital infrastructure. The facility will be built in Jamnagar, Gujarat, with an initial capacity of 168 MW and will be developed by Reliance for Meta under a leasing arrangement with future expansion […]Continue Reading

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Kent RO Puts IPO Plans on Hold as Middle East Conflict Dampens Investor Sentiment

By Uniquetimesorg May 26, 2026 0

Indian water purifier manufacturer Kent RO Systems has postponed its initial public offering plans, citing volatile market conditions triggered by the ongoing Middle East conflict. Chairman Mahesh Gupta said the company is in no rush to go public and will reconsider the IPO only after market stability returns. Kent had received regulatory approval last year […]Continue Reading

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Jio Platforms IPO Shifts to Fresh Fundraising as Investors Hold Stakes

By Uniquetimesorg May 11, 2026 0

Mukesh Ambani’s Jio Platforms has reportedly changed its planned Mumbai IPO strategy into a pure fundraising exercise, dropping earlier plans that would have allowed existing foreign investors to sell part of their holdings. Sources said investors such as Meta, Google and Vista Equity Partners prefer to remain invested in the company for the long term. […]Continue Reading

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Reliance Misses Profit Estimates Amid Rising Costs and Supply Disruptions

By Uniquetimesorg April 25, 2026 0

Reliance Industries reported quarterly results below market expectations, as rising input costs and global supply disruptions weighed on profitability. The impact has been linked to the ongoing Middle East conflict, which has disrupted crude supply chains and increased energy and shipping costs. Mukesh Ambani’s company saw net profit fall to about ₹169.7 billion, missing Continue Reading

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PlaySimple Files for $335 Million IPO in India as MTG Eyes Growth in Gaming Market

By Uniquetimesorg April 24, 2026 0

Sweden-based Modern Times Group has announced that its Indian gaming subsidiary PlaySimple has filed for an initial public offering (IPO) in Mumbai, aiming to raise up to ₹31.5 billion (about $335 million). The parent company plans to sell a portion of its stake while retaining majority ownership after the listing. Notably, PlaySimple itself will not […]Continue Reading