October 13, 2026
Home Posts tagged Mukesh Ambani
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India’s Telecom Minister Jyotiraditya Scindia has rejected claims of monopolies in the country’s telecom sector following Elon Musk’s criticism over delays in launching Starlink satellite internet services in India. Musk questioned whether Reliance Industries chairman Mukesh Ambani was using political influence to block Starlink’s entry, asking on social media whether Continue Reading
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The Delhi High Court has allowed Reliance Industries to continue marketing its Campa brand beverages as “energy drinks,” providing temporary relief to Reliance Consumer Products. The case challenges a June 30 order by the Food Safety and Standards Authority of India (FSSAI), which directed manufacturers of high-caffeine beverages to stop using the “energy drink” Continue Reading
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India’s Zee Entertainment has asked the Delhi High Court to initiate contempt proceedings against JioStar, alleging the Reliance-Disney joint venture continued using Zee’s copyrighted music and songs despite a court injunction. Zee claims JioStar showed “wilful disobedience” by continuing to use the content in programmes broadcast on its platforms. The dispute began in Continue Reading
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Reliance Consumer Products, the consumer goods arm of billionaire Mukesh Ambani’s Reliance Industries, has entered India’s competitive ice cream market with its new brand, Bombay Creamery. Starting at just ₹10, the range includes cones, cups, tubs, bars and sticks. The products are currently available in western India, with a nationwide rollout planned soon. The launch Continue Reading
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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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Reliance Jio Platforms is preparing for a blockbuster $3.8 billion initial public offering (IPO) in Mumbai, positioning it to become the largest-ever public listing in India’s corporate history. Valued recently at approximately $180 billion by investment bank Jefferies, the long-delayed IPO has pivoted from an initial offer-for-sale structure to a purely fresh Continue Reading
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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 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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