MANUFACTURING
Reliance Industries Q2 Profit Jumps 34% To ₹29,550 Cr, Revenue Up 28%
Reliance Industries Ltd (RIL) has reported its highest-ever consolidated net profit of ₹29,550 crore for the second quarter of FY27, registering a 33.8% year-on-year increase, supported by strong performance in its Oil-to-Chemicals (O2C) business and continued growth in digital services. Consolidated revenue surged 27.8% to a record ₹3,62,268 crore, while EBITDA increased 23.9% to ₹62,409 […]
CW Bureau
·
Oct 30, 2026
STARTUP/TECHNOLOGY
Jio Platforms Shares Debut At 21% Premium, Close 27% Above IPO Price
Jio Platforms, the digital and telecommunications subsidiary of Reliance Industries, made a blockbuster stock market debut on Wednesday, with its shares listing at a 21.36% premium to the initial public offering (IPO) price of ₹1,119 and closing the first trading session at ₹1,419, up 26.81%. The listing followed India’s largest-ever public issue, which raised approximately […]
CW Bureau
·
Oct 28, 2026
STARTUP/TECHNOLOGY
Reliance Says Jio Also Awaits Nod, Welcomes Starlink Competition
Reliance Industries Ltd has said its own satellite communication services are awaiting government clearances, pushing back against the controversy surrounding Elon Musk’s allegations that powerful business interests are delaying Starlink’s entry into India. In a statement issued on Friday, the Mukesh Ambani-led conglomerate said India’s regulatory framework must apply equally to domestic and international companies, […]
Sajan C Kumar
·
Oct 16, 2026
GENERAL
Elon Musk Vs Ambani: Why Starlink Controversy Is Escalating In India
Elon Musk’s frustration over the delayed launch of his Starlink satellite internet service in India has escalated into a public confrontation with Reliance Industries chairman Mukesh Ambani, drawing the government, opposition politicians and technology entrepreneurs into an increasingly heated debate over competition, regulation and market access. The Tesla and SpaceX chief executive has used X, […]
Sajan C Kumar
·
Oct 10, 2026
MANUFACTURING
RIL Q1 Profit Falls 22% To ₹20,946 Cr; Revenue Increases To ₹3.11 Lakh Cr
Reliance Industries Ltd (RIL) reported a 22.4% year-on-year decline in consolidated net profit for the first quarter of FY27, with earnings falling to ₹20,946 crore from ₹26,994 crore in the corresponding quarter last year. The decline, however, was primarily on account of the absence of a large one-time gain booked in the year-ago period. The […]
CW Bureau
·
Jul 17, 2026
RETAIL/FMCG
Reliance Consumer Products Eyes ₹1 Lakh Cr Revenue Milestone By FY30
Reliance Consumer Products Ltd (RCPL), the fast-growing FMCG arm of Reliance Industries Ltd (RIL), has set an ambitious target of achieving ₹1 lakh crore in revenue by FY30 as it seeks to emerge as one of India’s largest consumer goods companies with a significant global presence. Addressing shareholders at the company’s recent Annual General Meeting […]
CW Bureau
·
Jun 20, 2026
STARTUP/TECHNOLOGY
Reliance Maps Jio’s Future Around 5G, AI, Broadband & Satellite Network
Reliance Industries Ltd (RIL) has outlined an ambitious five-point growth strategy for Jio as the telecom and digital services major filed papers for its initial public offering (IPO) with market regulator SEBI. Addressing the company’s Annual General Meeting, Reliance Industries Chairman and Managing Director Mukesh D Ambani said the next phase of Jio’s growth will […]
CW Bureau
·
Jun 19, 2026
STARTUP/TECHNOLOGY
Reliance Intelligence All Set To Bring AI To Every Indian In 22 Languages
Reliance Industries Ltd (RIL) Chairman and Managing Director Mukesh D. Ambani on Friday unveiled an ambitious artificial intelligence strategy centred on building India-first AI services that are trusted, affordable and accessible in 22 Indian languages. Speaking at the company’s 49th Annual General Meeting, Ambani said Reliance Intelligence is creating a sovereign, green and secure compute […]
CW Bureau
·
Jun 19, 2026
MANUFACTURING
Mukesh Ambani Outlines AI, Energy Roadmap For Reliance Group Entities
Reliance Industries Chairman and Managing Director Mukesh D Ambani has outlined a long-term vision centred on artificial intelligence, energy transformation and sustainable growth, positioning RIL as a key driver of India’s next phase of economic and technological growth. In his message to shareholders in the company’s Integrated Annual Report FY26, Ambani said the rise of […]
CW Bureau
·
May 29, 2026
INFRASTRUCTURE
Reliance Consolidated Q4 Net Down 8% To ₹20,616 Cr, Income Up 13%
Reliance Industries Ltd reported an 8% decline in consolidated net profit at ₹20,616 crore for the March quarter of FY26, impacted by a challenging global energy environment and lower upstream output. Revenue from operations rose 13% to ₹3,25,920 crore, driven by strong double-digit growth across oil-to-chemicals (O2C), digital services and retail businesses. Capital expenditure during […]
CW Bureau
·
Apr 24, 2026
