Tag:

Reliance

Reliance drone arm Asteria caught in bribery probe

A bribery investigation by India’s federal crime agency has placed drone technology company Asteria Aerospace Limited under scrutiny, drawing attention to its ownership by conglomerate Reliance Industries Ltd.

24 Apr 2026-12:42
Why China’s reliance on Iranian oil faces new pressure

China’s position as the largest buyer of Iranian oil is coming under renewed pressure following a temporary US sanctions waiver that could reshape global supply dynamics.

21 Mar 2026-12:24
Reliance Jio IPO nears as Ambani taps 17 banks

Reliance Jio Platforms is moving closer to a blockbuster stock market debut, with billionaire Mukesh Ambani lining up major global and domestic banks to manage the offering.

18 Mar 2026-15:30
Reliance Jio weighs $4B IPO with 2.5% public float in 2026

Reliance Jio Platforms is considering an initial public offering in 2026 that would float about 2.5% of the company. The listing would likely become India’s largest-ever IPO, raising more than $4 billion based on recent valuations.

09 Jan 2026-14:37
India's Reliance shares drop amid US-Venezuela tensions

The share price of India's Reliance Industries plunged 5% in morning trading on Tuesday, extending a decline from the previous day.

06 Jan 2026-10:34
India seeks over $30 billion from Reliance Industries and BP

India is seeking more than $30 billion in compensation from Reliance Industries and its partner BP in a long-running arbitration case over alleged underproduction from offshore gas fields, according to sources familiar with the matter.

29 Dec 2025-09:10
India's Reliance secures US one-month waiver for Rosneft oil

25 Dec 2025-11:46
India freezes Anil Ambani Group properties worth $164 million over loan fraud probe

India’s financial crimes agency has frozen multiple properties belonging to the Anil Ambani Group, valued at approximately 14.53 billion rupees ($163.8 million).

20 Nov 2025-17:44
Google to offer free Gemini AI access to 500 million Jio users in India

Google announced Thursday that it will offer its Gemini AI service free of charge to more than 500 million Reliance Jio users in India, as global tech firms intensify efforts to expand their artificial intelligence presence in the country.

31 Oct 2025-13:18
India’s Reliance Infrastructure to recover $2.44 billion in unpaid power dues

Reliance Infrastructure (RLIN.NS) announced on Friday that its power distribution companies operating in New Delhi will recover 214.13 billion rupees ($2.44 billion) in unpaid dues from consumers. This follows a recent Supreme Court ruling that upheld the companies’ claims.

08 Aug 2025-13:48