Tag: reliance industries

VC Lightspeed joins race for stake in cloud infra startup Neysa
Posted in Startups

VC Lightspeed joins race for stake in cloud infra startup Neysa

Venture capital firm Lightspeed has entered the fray to pick up a stake in cloud infrastructure startup Neysa, joining Japanese investor SoftBank and private equity…

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Petcare startup Supertails in talks to raise $15-20 million, led by Venturi Partners
Posted in Startups

Petcare startup Supertails in talks to raise $15-20 million, led by Venturi Partners

Petcare startup Supertails is in talks to raise $15-20 million in a round led by Singapore-based consumer focussed investment firm Venturi Partners, people familiar with…

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Posted in Economy

India begins anti-dumping probe on Polyester Textured Yarn exports from China

India has begun an anti-dumping investigation on imports of Polyester Textured Yarn (PTY) originating in or exported from China, based on an application filed by…

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Mobile sim card packets for Jio Platforms Ltd., a unit of Reliance Industries Ltd., in Mumbai, India, on Saturday, April 20, 2024. (Bloomberg)
Posted in Business

Jio Platforms IPO valuation seen at a record $170 billion by investment bankers| Business News

Investment bankers are proposing a valuation of as much as $170 billion for Jio Platforms Ltd., according to people familiar with the matter, ahead of…

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Reliance Industries, which operates the world's largest refinery in Jamnagar, Gujarat, has a long-term deal to buy nearly 500,000 barrels per day of crude oil from Rosneft. (Reuters)
Posted in Business

Reliance Industries says will abide by Europe, US sanctions on Russia| Business News

Reliance Industries, India’s biggest importer of Russian crude oil, will abide by western sanctions against Moscow, while maintaining its relationship with its current supplies. Reliance…

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Russia oil
Posted in Economy

India to tighten Moscow oil tap after US sanctions

New Delhi: Indian refiners are preparing to sharply cut Russian oil imports and seek alternatives after the US imposed sanctions on the latter’s top oil…

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India imported 1.7 million barrels per day of Russian crude in the first nine months of 2025—that's 34% of total oil imports. (Reuters)
Posted in Business

India set to curtail Russian oil imports after new US sanctions on Rosneft, Lukoil: Report| Business News

India is set to curtail its Russian oil imports to comply with new US sanctions on two top Moscow-backed producers, Reuters reported on Thursday citing…

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Posted in Economy

What’s the oil game Trump’s playing with India, Russia?

In a dramatic shift in his foreign policy approach, US President Donald Trump has imposed Ukraine-related sanctions on Russia for the first time in his…

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Reliance Industries, which operates the world's largest refinery at Gujarat's Jamnagar bought at least 2.5 million barrels of Middle Eastern crude oil last week. (Reuters)
Posted in Business

Reliance grabs Middle East crude amid US scrutiny of India’s Russian oil imports| Business News

Reliance Industries Ltd. bought middle-east crudes last week and may place more orders, in a sign that US pressure against India’s Russian oil imports may…

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The National Stock Exchange building in Bandra Kurla Complex, Mumbai. (Livemint)
Posted in Business

Sensex tops 84,000, Nifty 50 at one-year high ahead of Muhurat Trading on Diwali| Business News

The BSE Sensex has topped the 84,000-mark even as the broader NSE Nifty 50 rose to a one-year high ahead of Muhurat Trading for Samvat…

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