News for 'New Reliance'

ED Files Chargesheet Against Former Reliance Communications President in Loan Fraud Case

ED Files Chargesheet Against Former Reliance Communications President in Loan Fraud Case

Rediff.com2 days ago

The Enforcement Directorate has filed a chargesheet against former Reliance Communications president Punit Garg and another individual in connection with a money laundering probe linked to an alleged Rs 40,000 crore bank loan fraud.

ED Intensifies Probe, Attaches 581 Crore in Reliance Group Assets

ED Intensifies Probe, Attaches 581 Crore in Reliance Group Assets

Rediff.com12 Mar 2026

The Enforcement Directorate (ED) has attached fresh assets worth over 581 crore belonging to Reliance Group companies, RHFL and RCFL, as part of its ongoing money laundering investigation.

Enforcement Directorate Attaches 581 Crore Assets of Reliance Group Companies

Enforcement Directorate Attaches 581 Crore Assets of Reliance Group Companies

Rediff.com12 Mar 2026

The Enforcement Directorate (ED) has attached assets worth over 581 crore belonging to Reliance Home Finance Limited (RHFL) and Reliance Commercial Finance Limited (RCFL), companies of Reliance Group Chairman Anil Ambani, as part of an ongoing investigation.

Reliance to invest in new oil refinery in Texas: Trump

Reliance to invest in new oil refinery in Texas: Trump

Rediff.com11 Mar 2026

United States President Donald Trump has said that India's Reliance Industries will make an investment in a new oil refinery being opened in Texas, thanking the company and 'our partners in India' for the deal.

ED Raids Reliance Power Offices in Money Laundering Case

ED Raids Reliance Power Offices in Money Laundering Case

Rediff.com6 Mar 2026

The Enforcement Directorate conducted searches at multiple locations in Mumbai and Hyderabad as part of a money laundering investigation against Reliance Power Ltd., a group company of businessman Anil Ambani.

Rajnath Singh Calls for Self-Reliance in Drone Manufacturing Amid Global Conflicts

Rajnath Singh Calls for Self-Reliance in Drone Manufacturing Amid Global Conflicts

Rediff.com19 Mar 2026

Defence Minister Rajnath Singh has emphasised the need for India to develop a robust drone manufacturing ecosystem, drawing lessons from recent global conflicts and highlighting the importance of self-reliance in drone technology.

ED Searches Reliance Power Premises in Mumbai, Hyderabad

ED Searches Reliance Power Premises in Mumbai, Hyderabad

Rediff.com6 Mar 2026

The Enforcement Directorate conducted searches at multiple locations in Mumbai and Hyderabad as part of an investigation against Reliance Power Ltd., a group company of Anil Ambani, concerning alleged money laundering and financial irregularities.

Reliance Retail, India's Largest Unlisted Company

Reliance Retail, India's Largest Unlisted Company

Rediff.com25 Feb 2026

Among the fastest-growing companies by revenue were Tata Electronics, which posted a staggering 3,173% CAGR, followed by Tata Passenger Electric Mobility at 904% and JSW One Platforms at 522%.

Ambani's Reliance to Invest Rs 10 Lakh Crore in AI Revolution

Ambani's Reliance to Invest Rs 10 Lakh Crore in AI Revolution

Rediff.com19 Feb 2026

Mukesh Ambani announced a 10 lakh crore investment by Reliance Industries to revolutionize artificial intelligence in India, focusing on building sovereign compute infrastructure and making AI accessible and affordable for all.

Reliance Jio aims to be among first scalable token service providers

Reliance Jio aims to be among first scalable token service providers

Rediff.com5 Mar 2026

Reliance Jio is aiming to be one of the first scalable token service providers in the world by deeply adopting and integrating artificial intelligence (AI) into its operations, said Jio Platforms group chief executive officer (CEO) Mathew Oommen at the Mobile World Congress in Barcelona.

ONGC, Reliance sign pact for sharing offshore resources

ONGC, Reliance sign pact for sharing offshore resources

Rediff.com28 Jan 2026

In a strategic move to boost offshore energy exploration and operational efficiency, Oil and Natural Gas Corporation Ltd (ONGC) and Reliance Industries Ltd have signed an agreement to share resources such as supply vessels used in finding and producing oil and gas.

Reliance gets US licence to directly buy Venezuela oil

Reliance gets US licence to directly buy Venezuela oil

Rediff.com14 Feb 2026

Private-sector oil refiner Reliance Industries Limited (RIL) last week received a general licence from the United States (US) government to buy Venezuelan oil, an industry executive said.

SC asks CBI, ED to conduct 'fair, time-bound' probe into Anil Ambani Group banking fraud

SC asks CBI, ED to conduct 'fair, time-bound' probe into Anil Ambani Group banking fraud

Rediff.com7 days ago

The Supreme Court has ordered a 'fair, dispassionate, transparent, and time-bound' investigation by the CBI and ED into the Anil Dhirubhai Ambani Group, addressing concerns over alleged large-scale banking fraud and demanding accountability.

Bengaluru Army Workshop Forges Alliances to Advance Drone Manufacturing

Bengaluru Army Workshop Forges Alliances to Advance Drone Manufacturing

Rediff.com5 days ago

The 515 Army Base Workshop in Bengaluru has signed multiple strategic MoUs to bolster indigenous drone manufacturing and ecosystem resilience, marking a significant step towards modernisation and self-reliance in unmanned systems.

Vaishnaw Chairs Meeting on AI, Emerging Technologies, and Electronics Manufacturing

Vaishnaw Chairs Meeting on AI, Emerging Technologies, and Electronics Manufacturing

Rediff.com4 days ago

Union Minister Ashwini Vaishnaw chaired a meeting focusing on Artificial Intelligence, emerging technologies, and electronics hardware manufacturing, highlighting India's progress and future roadmap in these sectors.

Stock Market Crash: 4 Lakh Crore Wiped Out as Sensex Falls 800 Points, Nifty Near 23,000

Stock Market Crash: 4 Lakh Crore Wiped Out as Sensex Falls 800 Points, Nifty Near 23,000

Rediff.com3 days ago

Indian stock markets tumbled sharply with the Sensex falling 800 points and nearly 4 lakh crore wiped out in a single session. Here are the 6 key factors, including rupee weakness and global cues, behind the crash.

Stock Markets Today March 27, 2026: Sensex tanks 927 points, Nifty50 Falls To 23,025

Stock Markets Today March 27, 2026: Sensex tanks 927 points, Nifty50 Falls To 23,025

Rediff.com3 days ago

Benchmark indices Sensex and Nifty tumbled in early trade on Friday after a two-day rally, tracking a weak trend in global peers, as the US-Iran conflict continues to be a key overhang for the markets. Track Sensex, Nifty50 movement and key market drivers for March 27, 2026.

515 ABW Forges Alliances to Advance Drone Manufacturing and Security

515 ABW Forges Alliances to Advance Drone Manufacturing and Security

Rediff.com5 days ago

The 515 Army Base Workshop (ABW) in Bengaluru has signed multiple MoUs to strengthen indigenous drone manufacturing and ecosystem resilience, marking a significant step towards modernisation and self-reliance in unmanned systems.

Anil Ambani seeks debt treatment like Sterling's Sandesaras'

Anil Ambani seeks debt treatment like Sterling's Sandesaras'

Rediff.com6 days ago

Industrialist Anil Ambani has approached the Supreme Court seeking a court-facilitated debt resolution similar to the one provided to Sterling group's Nitin and Chetan Sandesara, and five other members of their families.

Stock Market Crash: Sensex plunges 1,690 pts, Nifty drops below 22,850

Stock Market Crash: Sensex plunges 1,690 pts, Nifty drops below 22,850

Rediff.com3 days ago

Indian stock markets tumbled sharply with the Sensex falling 800 points and nearly 4 lakh crore wiped out in a single session. Here are the 6 key factors, including rupee weakness and global cues, behind the crash.

Tamil Nadu's Baranica Elangovan Breaks Pole Vault National Record

Tamil Nadu's Baranica Elangovan Breaks Pole Vault National Record

Rediff.com5 days ago

Tamil Nadu athlete Baranica Elangovan set a new national record in the women's pole vault at the National Indoor Championships in Bhubaneswar, clearing 4.22m.

Energy-Efficient Bricks Developed by IIT Guwahati Offer Sustainable Cooling Solution

Energy-Efficient Bricks Developed by IIT Guwahati Offer Sustainable Cooling Solution

Rediff.com3 days ago

Researchers at IIT Guwahati have developed energy-efficient bricks designed to keep buildings naturally cool, offering a promising solution for sustainable construction. These bricks incorporate Phase Change Materials (PCMs) to absorb and release heat, reducing the need for air conditioning and lowering energy consumption.

Gurindervir Singh Breaks 60m Record Amidst Drama at National Indoor Athletics Championships

Gurindervir Singh Breaks 60m Record Amidst Drama at National Indoor Athletics Championships

Rediff.com4 days ago

Gurindervir Singh set a national record in the 60m sprint at the National Indoor Athletics Championships after Animesh Kujur's disqualification.

UPI and Card Payments Simplify Customs Duty on ICEGATE

UPI and Card Payments Simplify Customs Duty on ICEGATE

Rediff.com5 days ago

The Central Board of Indirect Taxes and Customs (CBIC) has enabled UPI, debit, and credit card payments for Customs duty on the ICEGATE portal, enhancing ease of doing business for importers and exporters.

Experts Call for Unified Framework to Boost India's Energy Storage Capacity

Experts Call for Unified Framework to Boost India's Energy Storage Capacity

Rediff.com5 days ago

Industry experts and the India Energy Storage Alliance (IESA) advocate for a unified framework to address the significant supply gap in domestic cell manufacturing, crucial for enhancing India's energy storage capabilities and reducing reliance on imports.

No IPL in Bangladesh! JioStar terminates broadcast deal

No IPL in Bangladesh! JioStar terminates broadcast deal

Rediff.com3 hours ago

JioStar has terminated its broadcast deals in Bangladesh for IPL 2026, saying its local partner defaulted on payments.

Why Anil Ambani's Son is Being Questioned in 228 Crore Fraud Case

Why Anil Ambani's Son is Being Questioned in 228 Crore Fraud Case

Rediff.com13 Mar 2026

Jai Anmol Ambani, son of Anil Ambani, was questioned by the CBI in connection with a 228-crore fraud case involving Union Bank of India. He is expected to be questioned again.

RBI Keen to Expand Use of Indian Rupee for Russian Trade

RBI Keen to Expand Use of Indian Rupee for Russian Trade

Rediff.com19 Mar 2026

The Reserve Bank of India (RBI) is exploring ways for Russian trade counterparts to use accumulated Indian rupees (INR) for imports or capital investments in India, aiming to boost INR-Rouble transactions and reduce reliance on the US dollar.

Rupee breaches 95-level against US dollar for first time

Rupee breaches 95-level against US dollar for first time

Rediff.com2 hours ago

The Indian rupee rebounded against the US dollar after the Reserve Bank of India (RBI) restricted banks' net open positions in dollars. This move prompted banks to sell dollars, providing temporary support for the rupee amidst ongoing geopolitical tensions and rising oil prices.

Govt to end LPG supply to households refusing PNG switch

Govt to end LPG supply to households refusing PNG switch

Rediff.com5 days ago

The government has mandated that cooking gas LPG supply to households will be discontinued if consumers fail to switch to piped natural gas where such connectivity is available, under a new order aimed at accelerating gas network expansion and reducing reliance on a single fuel.

From ACL Surgery To National Record: Baranica Elangovan's Inspirational Comeback!

From ACL Surgery To National Record: Baranica Elangovan's Inspirational Comeback!

Rediff.com5 days ago

Tamil Nadu's Baranica Elangovan has shattered the national pole vault record, clearing 4.22m in Bhubaneswar, marking an extraordinary return to form after undergoing ACL surgery in 2020.

Swadeshi Jagran Manch Urges End to Moratorium on Digital Product Tariffs

Swadeshi Jagran Manch Urges End to Moratorium on Digital Product Tariffs

Rediff.com20 Mar 2026

The Swadeshi Jagran Manch (SJM) is advocating for the termination of the moratorium on customs duties for electronically transmitted digital products, arguing that it hinders self-reliance, causes revenue losses, and restricts India's ability to tax emerging technologies like AI.

Shivshankar Menon: 'Pakistan's Insider Threat Is Serious'

Shivshankar Menon: 'Pakistan's Insider Threat Is Serious'

Rediff.com3 days ago

'Pakistan's is the only military-controlled nuclear weapons programme in the world.' 'As people get radicalised, the risk of a brigadier or pilot taking matters into their own hands is a real concern.'

Report reveals Iran's plan to wear down Israelis

Report reveals Iran's plan to wear down Israelis

Rediff.com2 days ago

A new analysis by the Institute for the Study of War has warned that Iran could escalate its attacks on Israel by launching large missile salvos aimed at maximising psychological pressure on civilians.

Reliance reports modest Q3 profit at Rs 18,645 cr

Reliance reports modest Q3 profit at Rs 18,645 cr

Rediff.com16 Jan 2026

Reliance Industries Ltd on Friday reported almost a flat net profit of Rs 18,645 crore for the third quarter, as weakness in its retail business offset gains in other segments, according to a company filing.

Blue-chips Reliance, ICICI Bank drag Sensex down by 324 points

Blue-chips Reliance, ICICI Bank drag Sensex down by 324 points

Rediff.com19 Jan 2026

ICICI Bank, Eternal, Titan, Adani Ports, Tata Consultancy Services and UltraTech Cement were also among the laggards. However, InterGlobe Aviation, Tech Mahindra, Hindustan Unilever and Bajaj Finance were among the gainers.

Punjab's Halwara Airport to Commence Flight Bookings in April, Boosting Connectivity

Punjab's Halwara Airport to Commence Flight Bookings in April, Boosting Connectivity

Rediff.com21 hours ago

Flight bookings for Halwara airport in Punjab are scheduled to begin in April, with the first commercial flight expected between May 10 and 15. The airport's opening is anticipated to significantly enhance air connectivity and boost economic growth in the region.

Indian Aviation Sector Grapples with Aircraft Supply Chain Bottleneck

Indian Aviation Sector Grapples with Aircraft Supply Chain Bottleneck

Rediff.com22 hours ago

Civil Aviation Minister K Ram Mohan Naidu highlights challenges in aircraft procurement due to global supply chain disruptions, impacting India's aviation sector growth and expansion plans.

UPI emerges as dominant payment method, drives 92% of transactions

UPI emerges as dominant payment method, drives 92% of transactions

Rediff.com3 days ago

A new report indicates that UPI has become the dominant payment method for lenders, accounting for over 90% of transactions. The report also highlights trends in investment amounts, diversification strategies, and geographic participation in peer-to-peer lending.

Govt cuts excise duty on petrol to Rs 3 per litre, exempts diesel

Govt cuts excise duty on petrol to Rs 3 per litre, exempts diesel

Rediff.com3 days ago

The Indian government has reduced excise duty on petrol and diesel to mitigate the impact of rising global crude prices, triggered by geopolitical tensions in the Middle East. This move aims to provide relief to consumers and oil companies amidst volatile international oil markets.