Tag: reliance industries

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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Posted in Economy

Investment pledges surge, jute and tea sectors under strain in West Bengal

Record investment pledges and a renewed push on infrastructure and technology marked 2025 for West Bengal’s economy, even as legacy sectors such as jute and…

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Posted in Economy

India imports more Russian crude, but mix of buyers shifts

India’s crude oil imports from Russia are on track to climb to a six-month high in December as the world’s third-biggest buyer defies U.S. sanctions…

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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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