Reliance Jio has filed its DRHP with SEBI for an IPO that could raise Rs 37,700 crore and value the company at Rs 11 to 12 lakh crore, potentially making it India's largest-ever public offering.

5d ago · 4 min · Markets

Jio and NSE IPOs are moving closer to fruition in a subdued Indian market, while US AI giants like OpenAI and Anthropic prepare high-profile listings. Analysts see India's more measured environment as a potential draw for foreign investors seeking valuation discipline.

8d ago · 4 min · Markets

Donald Trump Jr. secretly acquired a stake in America First Refining, a struggling Texas oil refinery startup, before India's Reliance Industries made a nine-figure investment in the company. The deal came as the Trump administration was pressuring Reliance over Russian oil purchases, and was followed by major U.S.

21d ago · 5 min · Big Stories

Reliance Industries shares fell over 1.5% to a 52-week low of Rs 1,270.60, completing nine straight sessions of losses. The 7% decline over the streak has erased roughly Rs 1,29,000 crore in market capitalisation, pressuring Nifty and Sensex given the stock's heavy index weighting.

21d ago · 3 min · Markets

Reliance Industries will structure the Jio Platforms IPO as a fully fresh issue, removing the offer-for-sale component after investor disagreements on pricing. All proceeds will go directly to the company for debt repayment and expansion, with no existing shareholders cashing out at listing.

1mo ago · 2 min · Markets

Reliance Industries reported an 8.1% fall in March quarter net profit, hurt by Middle East-driven pressure on its oil and energy business. Full-year profit still rose 18.5%, with Jio Platforms and Reliance Retail both posting strong growth.

1mo ago · 2 min · Markets

JioHotstar posted Rs 31,048 crore in operating revenue and Rs 3,228 crore profit before tax for FY26, with monthly active users reaching 550 million. Sports viewership, rising digital ad revenue, and 35% growth in entertainment watch time drove the gains.

1mo ago · 2 min · Business

The Nifty 50 rose 1.4% to cross 24,300 and the Sensex gained over 1,000 points to near 78,000. Reliance Industries and ITC led the advance, signaling broad large-cap buying. Traders are watching whether Nifty holds 24,300 at close to confirm a sustained recovery.

2mo ago · 1 min · Markets

Reliance Industries became the first Indian company to report annual net profit above $10 billion. The result surpasses the combined profits of India's top IT firms, marking a new high for Indian corporate earnings. No timeline for next results was specified in the announcement.

2mo ago · 1 min · Business

Reliance Industries reported a record net profit of Rs 95,610 crore in FY26, becoming the first Indian company to surpass $10 billion in annual earnings. Strong growth at Jio and Reliance Retail, which crossed 20,000 stores, offset weakness in the oil-to-chemicals segment.

2mo ago · 1 min · Business

Reliance Industries has secured approval to invest $17 billion in a 1.5 GW data centre cluster in Visakhapatnam, making it the largest data centre investment in India so far. The project includes a captive 9,000 MW-peak solar power setup and will be built in two phases through 2030. It is part of RIL's broader ₹10 lakh

2mo ago · 2 min · Technology

Seven of India's top-10 most-valued firms shed a combined Rs 2 lakh crore in market cap last week. TCS and Reliance Industries were the hardest hit, dragged down by a broad bearish trend in equities. Their heavy index weight means the losses rippled across benchmark indices.

2mo ago · 1 min · Markets

Reliance Industries posted a quarterly profit decline, with the Iran conflict cited as a contributing factor. The result matters because Reliance is heavily weighted in Indian indices and its refining margins are sensitive to Middle East supply disruptions. Full earnings details will clarify how much the energy segment

2mo ago · 1 min · Markets

Reliance Industries is preparing to release its Q4 earnings, with results to be followed by an analyst meet. The announcement is expected to include dividend news, drawing attention from both income investors and analysts tracking the conglomerate's telecom, retail, and energy segments.

2mo ago · 1 min · Markets

Reliance Industries rejected two Iranian oil cargoes ahead of a U.S. sanctions waiver expiration that Washington will not renew. The move reduces Reliance's sanctions exposure but narrows its crude sourcing options. Indian Oil Corp, by contrast, recently completed an Iranian crude purchase, highlighting a divergence

2mo ago · 1 min · Global Affairs

Jio Platforms, the digital and telecom arm of Reliance Industries, plans to file IPO documents next month in what could become India's largest-ever public offering. The listing would be the first by a major Reliance unit in nearly two decades, drawing intense institutional scrutiny given Jio's scale across mobile and

2mo ago · 1 min · Markets

Reliance Industries is targeting a May filing of draft IPO papers for Jio Platforms, delaying from March to include full fiscal year earnings. The listing is expected to be India's largest-ever IPO, making the disclosed financials and valuation range a major market event.

2mo ago · 1 min · Markets

Indian Oil and Reliance are paying for Iranian crude in Chinese yuan through ICICI Bank's Shanghai office under a temporary U.S. sanctions waiver. The arrangement, unreported until now, mirrors India's existing yuan channel for Russian oil and signals expanding non-dollar trade infrastructure. The U.S. waiver is due to

2mo ago · 1 min · Global Affairs

JPMorgan has maintained an Overweight rating on Reliance Industries with a Rs 1,675 March 2027 price target, calling the stock's relative valuation comfortable. The O2C segment remains the key uncertainty, with refining and petrochemical margins under pressure near-term but expected to recover in the medium term.

2mo ago · 1 min · Markets

Gautam Adani's net worth reached $92.6 billion, edging past Mukesh Ambani's $90.8 billion to make him the richest person in India and Asia. The shift reflects sustained valuation gains across the Adani Group's infrastructure and energy portfolio. The $1.8 billion margin is narrow enough that market moves in either

2mo ago · 1 min · Business