Tag: reliance industries

In August 2025, Reliance Industries Chairman Mukesh Ambani had told shareholders that the company's battery gigafactory will start in 2026. (PTI)
Posted in Business

Reliance Industries pauses plans to make lithium-ion battery cells in India| Business News

Reliance Industries Ltd. has paused plans to make lithium-ion battery cells in India after failing to secure Chinese technology, said people familiar with the matter,…

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Posted in Economy

New tariff threat more of a pressure tactic: Oil industry

US President Donald Trump’s backing of a sanctions bill proposing a punitive 500% tariff on buyers of Russian oil is being viewed by Indian oil…

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The Bombay Stock Echange building on Dalal Street in South Mumbai. (PTI)
Posted in Business

Sensex drops 780 points, Nifty 50 loses 1% to wipe out ₹8 lakh crore in investor wealth| Business News

India’s stock market logged their steepest one‑day fall in over four months on Thursday, dragged by heavyweight Reliance Industries Ltd., as uncertainty over US tariffs…

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Posted in Economy

India imported €144 billion worth of Russian oil since Ukraine war

New Delhi, India imported about 144 billion euros’ worth of crude oil from Russia since the start of the Ukraine war, a European think tank…

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Shares of the oil-to-telecom major slid as much as 5.2% on Tuesday, heading for its worst day since June 2024. The selloff also weighed on the nation’s stock gauges, where Reliance has the second-biggest weighting, causing them to trail regional markets. (REUTERS/Dado Ruvic)
Posted in Business

Reliance sees worst day since 2024 as analysts warn of retail sector competition| Business News

Reliance Industries Ltd.’s shares tumbled after analysts warned of rising competition in the retail sector, where the Mukesh Ambani-controlled conglomerate is a major player. Shares…

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Reliance Industries was the biggest Indian buyer of Russian crude last year. (Reuters)
Posted in Business

India’s Russian oil imports to fall sharply as Reliance Industries expects no delivery| Business News

India’s Russian oil imports are set to decline to the lowest in years Reliance Industries Ltd. said it’s not expecting any delivery in January. Reliance…

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The Bombay Stock Exchange building on Dalal Street in Mumbai. (Reuters)
Posted in Business

HDFC Bank, Reliance Industries pull down Sensex, Nifty 50 from record levels| Business News

India’s stock market fell today, pulled lower by heavyweights HDFC Bank Ltd. and Reliance Industries Ltd., a day after Nifty 50 hit record high. The…

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Posted in Economy

India must end Russian oil ambiguity as tariffs loom: GTRI

India is being pushed towards a clear-cut decision on its Russian oil imports as the threat of higher U.S. tariffs sharpens, according to the Global…

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Posted in Economy

Top Exporters? All loads lead to India’s hotspots

A few pincodes are leading India’s export story. From Jamnagar to Kanchipuram, a small set of districts continue at the forefront of outbound trade. Among…

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Reliance Industries has resumed Russian oil imports from non-sanctioned suppliers and routing them to its Jamnagar refinery. (Reuters)
Posted in Business

Reliance Industries resumes Russian oil imports to feed Jamnagar refinery| Business News

Reliance Industries Ltd. has resumed Russian oil imports, sourcing barrels from non-sanctioned suppliers and routing them to its Jamnagar refinery in Gujarat, according to people…

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