November 3, 2026
Home Posts tagged Reliance Industries
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Shares of Reliance Industries surged 11.6% on Monday, recording their strongest single-day performance in more than six years. The rally followed better-than-expected quarterly results, with the company reporting a 40.6% increase in net profit to ₹25,548 crore for the September quarter. Stronger refining and petrochemical margins played a major role in driving the earnings Continue Reading
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Jio Platforms, the telecom and digital services company backed by billionaire Mukesh Ambani, reported a 13.7% increase in quarterly net profit on Friday, October 30. This marks its first earnings announcement since its record-breaking stock market debut earlier this week, which made it India’s second most valuable listed company. Net profit rose to ₹83.89 billion Continue Reading
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Reliance Jio Platforms, the telecom and digital services company owned by billionaire Mukesh Ambani’s Reliance Group, surged 27% on its stock market debut in Mumbai on October 28, 2026. Following India’s largest-ever initial public offering (IPO), valued at $3.2 billion, Jio reached a market capitalisation of approximately $137 billion, becoming India’s second-most Continue Reading
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US Secretary of State Marco Rubio said he would encourage India’s Reliance Industries to refine more Venezuelan crude oil at its Indian refineries and explore opportunities to resume oil production in Venezuela. Speaking to reporters in Mumbai on October 20, Rubio said the discussions would focus on the company’s substantial refining capabilities and potential Continue Reading
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Reliance Industries, led by billionaire Mukesh Ambani, has said it welcomes competition from Elon Musk’s Starlink and that its own satellite internet services are also awaiting government clearance. The statement marks Reliance’s first public response to allegations that Ambani was obstructing Starlink’s entry into India. The Indian government has denied favouring any 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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State Bank of India, India’s largest lender, led demand for Reliance Industries’ ₹130 billion ($1.35 billion) 10-year bond sale completed on Wednesday, according to sources familiar with the transaction. SBI is estimated to have purchased nearly ₹50 billion of the bonds, accounting for about 40% of the offering. The bonds received AAA ratings from Crisil […]Continue Reading
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Canada is optimistic about concluding negotiations on a Comprehensive Economic Partnership Agreement (CEPA) with India by the end of 2026, Canadian Trade Minister Maninder Sidhu said. The two countries had earlier set a year-end target for reaching a free trade agreement. Indian trade negotiators are expected to visit Canada next month, while the countries’ leaders […]Continue Reading
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India’s ambitious plan to expand nuclear power could face delays after proposed regulations introduced additional approval requirements for foreign reactor technologies. Experts warn the framework could discourage international investment and limit access to newer reactor designs, despite last year’s landmark law opening the nuclear sector to private companies. India aims Continue Reading

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