The Enforcement Directorate has attached fresh assets worth Rs 3,034 crore as part of its ongoing money laundering probe against the Reliance Anil Ambani Group (RAAG) companies.
Reliance Power clarifies that Amitabh Jhunjhunwala, arrested in a money laundering case, has not been associated with the group since 2019. The case involves alleged bank loan fraud through Reliance Group companies.
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.
Rising stressed debt and past exposures like Reliance Capital, Yes Bank push EPFO to frame exit rules for its portfolio.
The Reliance Centre, a guesthouse and some residential assets in Mumbai, apart from 231 plots of land in Chennai, are among the fresh assets worth Rs 1,120 crore attached by the ED as part of its ongoing money-laundering probe against the companies of Reliance Group chairman Anil Ambani.
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.
'The West Asia or the Gulf crisis has shown that what we develop as national infrastructure when things are not as bad as they could be, we forget to plan for adversities.'
"The new name reflects the branding philosophy followed by the ADA Group, where name signifies the space in which business operates and create a sharper brand presence among the stakeholders. The name change will not affect any of the rights of the company or the shareholders of the company," a senior company official said. The board of directors has decided to change the name of the company, subject to the shareholders approval and compliance with related formalities.
US-Indian space company Pixxel has partnered with Bengaluru-based artificial intelligence firm Sarvam to build an orbital data centre satellite.
Millions of soccer fans in the world's two most populous nations may not be able to watch the World Cup that starts next month, due to a deadlock over broadcast rights in India and no official decision in China.
Indian refiners are recalibrating their crude sourcing strategy due to supply disruptions in West Asia, leading to Venezuela and Brazil emerging as top five suppliers in April, replacing traditional sources like Iraq and the United States.
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.
Gautam Adani, Chairman of the Adani Group, has surpassed Mukesh Ambani to become Asia's richest person, with a net worth of USD 92.6 billion, placing him 19th globally according to the Bloomberg Billionaires Index.
The Indian government is actively developing a policy for flex-fuel vehicle adoption and aiming for 100 per cent ethanol blending in petrol to enhance energy self-reliance, particularly in light of supply disruptions from the West Asia conflict.
Brokerage Bernstein has warned Prime Minister Narendra Modi that India risks squandering recent economic gains unless it accelerates structural reforms, particularly in jobs, manufacturing and innovation.
India's first trillion-dollar company will be built on technology it owns, not just operates, predicts Ajay Kumar.
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.
The Unique Identification Authority of India (UIDAI) has announced that nearly 100 entities have been onboarded as offline verification seeking entities (OVSEs), marking a significant step in enabling secure, consent-based, and paperless verification through the Aadhaar offline mechanism.
Billionaire Mukesh Ambani's Reliance Industries Ltd may spend about $12-15 billion over the next few years on AI infrastructure that could include a giant 1GW data centre, Morgan Stanley said in a report. Ambani had at the company's annual shareholder meeting in August announced a major push into AI through a new subsidiary and strategic partnerships.
The Anil Dhirubhai Ambani group company hasn't yet got the contract for executing the second phase of the Mumbai Metro, but Jalan's team has already started negotiating with domestic banks to tie up funds for the estimated Rs 11,000-crore (Rs 110-billion) project.
ISRO and TIFR have signed a Memorandum of Understanding to collaborate on space science, technology, and exploration, marking a significant milestone for India's space programme.
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.
'The BJP successfully merged governance with identity. That's a powerful combination in Assam's political context.'
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.
Experts at a discussion in Delhi emphasised the importance of ethical governance and indigenous capability in India's pursuit of becoming a global artificial intelligence power, ensuring technology serves the public good and maintains strategic autonomy.
Italian football is experiencing a significant crisis following the failure of its clubs in European competitions and the national team's continued absence from the World Cup.
Historically, India was a major buyer of Iranian crude, importing significant volumes of Iranian light and heavy grades due to strong refinery compatibility and favourable commercial terms.
The Delhi government is set to equip its industrial training institutes (ITIs) with advanced labs to train young people in power electronics, electric vehicles, and the automotive sector, aiming to create a skilled workforce ready for industry demands.
Analysts are increasingly optimistic about India's capital markets, with HDFC AMC, CAMS, and KFin Technologies identified as top investment picks. This optimism stems from a structural shift in household savings towards financial instruments and an expected multi-year earnings expansion for market infrastructure providers and asset management companies.
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.
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.
'FPIs are unlikely to return unless there is equilibrium between valuation premium and earnings growth.'
The India AI Impact Summit 2026 saw investment pledges of USD 240 billion from major players like Reliance, Adani, Google, Lightspeed Ventures, and Tata, signalling a significant boost to India's AI infrastructure and development.
India has expressed strong concerns over attacks on commercial ships in the Strait of Hormuz, citing its importance to India's energy and economic security. Ambassador Yojna Patel highlighted the need to respect international law and ensure the safety of seafarers, while also addressing broader Middle East issues including the situation in Gaza and Lebanon.
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.
'Samrat Chaudhury's limited independent standing within the party, his reliance on the central leadership for his elevation, and his lack of a personal mass base all point toward this outcome.'
'Infertility and reproductive health challenges, much like other chronic conditions, are rising globally.'
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.
The Indian defence ministry has initiated a project to indigenously design and develop a 1000-kg aerial bomb for the Indian Air Force (IAF), aiming to enhance self-reliance in the defence sector.
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.
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