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The Latest Breaking News from Reliance

Reliance Jio IPO soon? Mukesh Ambani to provide update on $4 bn public issue at upcoming AGM, says report

Mukesh Ambani is expected to share an update on Jio Platforms’ anticipated IPO at Reliance Industries’ June 19 AGM. Reports suggest Reliance is shifting towards a fresh issue structure to protect retail investors and strengthen Jio’s long-term growth and transparency roadmap.

The Economic Times

Mukesh Ambani-led Reliance Industries' contribution to national exchequer rises to Rs 2.16 lakh crore

Reliance Industries’ contribution to the national exchequer rose nearly 3% to Rs 2.16 lakh crore in FY26. The company said government payments formed the largest share of value created, while revenue, EBITDA and annual profit recorded strong year-on-year growth.

The Economic Times

Mukesh Ambani forgoes salary for sixth straight year as Reliance clocks record profit

Reliance Industries achieved significant overseas financing milestones in FY26, securing the largest Samurai loan by an Indian company. Chairman Mukesh Ambani voluntarily continued to forgo his salary for the sixth year. The company posted record profits, demonstrating strong financial performance and robust growth.

The Economic Times

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RIL announces AGM date on June 19; updates on Jio IPO in focus

Reliance Industries Ltd will hold its 49th annual general meeting on June 19, 2026. The company reported strong revenue and growth in its consumer businesses for the fiscal year. Investors anticipate updates on Reliance Jio IPO and new energy ventures. The meeting will cover the company's future investment plans and…

The Economic Times

Diamonds in the dust? Retail investors unleash Rs 17,500 crore on 8 battered bluechip stocks

Retail investors pumped an estimated Rs 17,539 crore into eight battered Nifty bluechip stocks during the March 2026 quarter, betting aggressively on market leaders despite steep declines in portfolio values. HDFC Bank, ITC, Wipro, Infosys, TCS, Reliance Industries and L&T emerged as top retail picks even as their shares fell…

The Economic Times

Reliance Industries becomes first Indian company to surpass $120 bln revenue mark in FY26

Reliance Industries Limited has achieved a historic milestone, becoming the first Indian company to exceed $120 billion in revenue for the financial year 2025-26. The oil-to-retail conglomerate announced its gross revenue reached $124 billion in 2026, marking a significant expansion from its origins as a textile company in 1966.

The Economic Times

Capital Group builds $2 billion Adani bet in pivot from Reliance

The Capital Group has invested over $2 billion in three Adani Group firms in recent weeks. On May 5, it purchased nearly a 2% stake in for Rs 7,486 crore through open-market deals, as per BSE block-deal data.

The Economic Times

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RIL, foreign firms refute in SC Centre's claim of 'unjust' extraction of gas from KG basin

Reliance Industries and its offshore partners are strongly denying allegations of siphoning gas from ONGC fields. The companies are in the Supreme Court challenging a High Court verdict that overturned an arbitral award in their favor. The Centre had demanded over a billion dollars for gas allegedly migrated from ONGC…

The Economic Times

Mukesh Ambani’s $4 billion Jio IPO hits Iran war roadblock

Reliance Industries' planned IPO for its digital arm, Jio Platforms, faces significant hurdles due to geopolitical tensions and market volatility exacerbated by the war in Iran. The conglomerate is reviewing the deal's structure, impacting timelines and potentially affecting investor returns amid a downturn in Indian stocks and capital flight.

The Economic Times

Krishna-Godavari basin dispute: Reliance and others seek mediation, SC refuses to halt hearing

Reliance Industries Limited and two foreign partners told the Supreme Court they will ask the Indian government to resolve the Krishna-Godavari (KG) Basin gas migration dispute through mediation.

The Economic Times

Reliance in talks with Chinese battery behemoth CATL & others for big battery system parts

Reliance Industries is in talks with China’s Contemporary Amperex Technology Co. Limited and other global suppliers to source components for battery energy storage systems as it pushes ahead with its clean energy plans.

The Economic Times

Nifty could slip towards 23,150 if key support breaks: Rupak De

Indian equity markets ended last week under pressure, with benchmark indices struggling to hold gains due to weak technical indicators and selling in heavyweight stocks. Analyst Rupak De notes a fragile technical structure for Nifty and Bank Nifty, anticipating further downside. While smallcaps corrected sharply, De sees selective buying opportunities…

The Economic Times

Reliance-Disney launch legal battle against Indian TV rival Zee over Bollywood films

India's entertainment giants JioStar and Zee are locked in a legal battle. JioStar accuses Zee of broadcasting movies it holds rights to. This follows an earlier lawsuit by Zee against JioStar. The disputes involve hundreds of millions of dollars. Both companies reach vast audiences across India. Legal notices have been…

The Economic Times

Fifa’s failure to agree World Cup TV deals in China and India a headache for Infantino

With the tournament a month away, there are still no agreements done with the two Asian giants to ensure fans there can watch all 104 games

The Guardian - UK

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The Economic Times

Can Reliance Jio's fresh-issue play restore faith in India's billion-dollar IPOs?

Reliance Jio may change its IPO plan. Instead of existing investors selling shares, it could be a fresh issue. This means money goes directly into Jio Platforms for debt reduction and expansion. This move could restore investor faith in large Indian IPOs. It might set a new standard for future…

The Economic Times

Ambani’s Cola war with Coke, Pepsi spurs fridge bonanza in India

India’s cola war between Reliance’s Campa Cola, Coca-Cola and PepsiCo is unexpectedly boosting sales of commercial refrigerators, as beverage giants aggressively install coolers across small retail stores to expand market share.

The Economic Times

Jio revamps mega IPO; DailyObjects lines up fresh capital

Reliance Industries is revamping Jio Platforms’ IPO plans amid investor disagreements over valuation. This and more in today's ETtech Top 5.

The Economic Times

Ambani's Reliance Jio: Businesses and investors of the IPO-bound firm

Reliance Jio Platforms, owned by billionaire Mukesh Ambani, is preparing to seek approvals for a Mumbai IPO that could become India’s biggest stock market listing. Reuters reported the offering may raise up to $4 billion, though timelines were delayed due to weaker IPO sentiment after tensions in West Asia.

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Sports Illustrated

Why Half the Planet May Not Be Able to Watch 2026 World Cup

FIFA has reached broadcasting agreements with 175 countries, but two of the most populous nations are missing.

International Business Times UK

Watchdogs Question India's Reliance Industries' £7.7M Trump 'Fee' After String of US Government Wins Worth Billions

A $10 million payment from India's Reliance Industries to Trump's business for an unannounced Mumbai project raises ethical concerns.

Louder

“There’s a thinking that, to be progressive, every song has to have 14 minutes of musical intellectualism. We don’t agree”: Some say Soen’s new album isn’t prog enough. But they cite Genesis in their defence

Reliance is definitely different from its predecessors. But Martin Lopez and Joel Ekelöf draw comparisons with Selling England By The Pound in their defence

Fortune

Trump says the U.S. will open its first new oil refinery in nearly 50 years as the U.S. military avoids bombing Iran's oil infrastructure

The refinery, which will be built in Brownsville, Texas, is backed by Indian energy group Reliance Industries.

The Times of India

Trump’s billionaire diplomacy seeks out best of refining tech

A landmark $300 billion energy deal sees India's Reliance Industries partnering with Donald Trump to build America's first new oil refinery in 50 years. This ambitious project, planned for Texas, leverages Reliance's world-class refining expertise to process American shale oil for export. The alliance, forged through years of dynastic diplomacy,…

Motorsport

Joe Gibbs Racing is now suing Spire and Chris Gabehart

The amended lawsuit also includes a restraining order motion

Louder

“There’s a lot to love – but those longing for the more involved songwriting and lengthier compositions will be disappointed”: Soen continue to become more metal and less prog with Reliance

Sticking to compositions of around four minutes, the musicianship and production remain exemplary. But it’s too often funnelled into predictable patterns

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