News for 'Reliance'

CBI Probes Reliance Anil Ambani Group Over 73,000 Crore Loan Fraud

CBI Probes Reliance Anil Ambani Group Over 73,000 Crore Loan Fraud

Rediff.com6 Apr 2026

The Central Bureau of Investigation (CBI) is investigating the Reliance Anil Ambani Group for alleged bank loan frauds totalling 73,000 crore across seven cases. The Supreme Court is monitoring the investigation, which also involves the Enforcement Directorate (ED).

RIL Flags 'Extreme Volatility' Risks from West Asia Conflict, Silent on Jio IPO

RIL Flags 'Extreme Volatility' Risks from West Asia Conflict, Silent on Jio IPO

Rediff.com5 Jun 2026

Reliance Industries Ltd (RIL) has expressed caution regarding 'extreme volatility' risks stemming from the West Asian conflict, which could impact global oil demand and the company's margins, while also noting that near-term retail consumption demand may remain sensitive to macro conditions. Chairman Mukesh Ambani, in the annual report, remained silent on the timeline for Jio Platforms' anticipated public listing, stating the group will 'continue to evaluate strategic pathways'.

HAL, Tata, Adani, L&T among firms in race for IAF's Rs 30K cr UAV deal

HAL, Tata, Adani, L&T among firms in race for IAF's Rs 30K cr UAV deal

Rediff.com6 days ago

In the race for 87 Medium-Altitude Long-Range, Endurance unmanned aerial vehicles deal, around 10 bids have been received from Indian private and public sector firms.

Check out Toshiba's MiniLED TVs

Check out Toshiba's MiniLED TVs

Rediff.com4 days ago

Toshiba has introduced its Z670SP MiniLED TV series in India, featuring front-firing speakers, MiniLED display technology, a 144Hz refresh rate for gaming and support for Dolby Vision Atmos, with prices starting from Rs 64,990.

Tejas Shirse breaks Nat. hurdles mark, qualifies for C'wealth Games

Tejas Shirse breaks Nat. hurdles mark, qualifies for C'wealth Games

Rediff.com13 Jun 2026

Tejas Shirse has broken his own national record in the men's 110m hurdles, clocking 13.27 seconds at the Indian Athletics Series 9. This performance also secured his qualification for the Commonwealth Games and ranks as the sixth best in Asia this season.

Bank of Baroda and Reliance Jio Team Up to Expand Mobile Banking for Feature Phone Users

Bank of Baroda and Reliance Jio Team Up to Expand Mobile Banking for Feature Phone Users

Rediff.com13 Apr 2026

Bank of Baroda has partnered with Reliance Jio to provide access to its mobile banking application, 'bob World Lite', for users of Jio feature phones, aiming to promote financial inclusion and digital payments.

Mukesh Ambani draws nil salary for sixth consecutive year

Mukesh Ambani draws nil salary for sixth consecutive year

Rediff.com28 May 2026

Mukesh Ambani, Asia's second richest man, has not drawn a salary from Reliance Industries for the sixth consecutive year, with dividends from his extensive shareholdings serving as his primary source of income.

India's defence output hits record 1.78 lakh crore in 2025-26

India's defence output hits record 1.78 lakh crore in 2025-26

Rediff.com5 days ago

India's annual defence production has reached an all-time high of Rs 1.78 lakh crore in FY 2025-26, marking a significant 15.6 per cent growth over the previous fiscal year. This achievement reflects a 110 per cent increase since 2020-21 and highlights the country's expanding defence industrial base, driven by policy support and increased private sector participation.

How India's Indigenous Quantum Refrigerator Achieved A Major Milestone

How India's Indigenous Quantum Refrigerator Achieved A Major Milestone

Rediff.com3 days ago

India's indigenous Dilution Refrigerator, developed by AQV, has successfully reached four Kelvin (-269C) at the Quantum Reference Facility in Amaravati, marking a significant milestone in the country's quantum technology development and cryogenic engineering capabilities.

Stock Markets Today: Sensex, Nifty Pare Early Losses

Stock Markets Today: Sensex, Nifty Pare Early Losses

Rediff.com4 days ago

Indian benchmark indices Sensex and Nifty recovered early losses to trade higher, supported by encouraging developments on the geopolitical front, specifically the US-Iran peace deal, and easing crude oil prices.

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.

Talismanic Kane holds key to end England's World Cup woes

Talismanic Kane holds key to end England's World Cup woes

Rediff.com2 Jun 2026

The challenge for manager Thomas Tuchel has a tough task in a tricky group with Croatia, Ghana and Panama, while ensuring reliance on Harry Kane does not become over-dependence by encouraging tactical flexibility.

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.

Stock markets today: Sensex, Nifty Climb in Early Trade

Stock markets today: Sensex, Nifty Climb in Early Trade

Rediff.com5 Jun 2026

Indian stock market benchmarks, Sensex and Nifty, saw gains in early trading, driven by anticipation surrounding the Reserve Bank of India's monetary policy decision, despite mixed global cues and significant FII outflows.

Defence Commanders Get Bigger Financial Powers

Defence Commanders Get Bigger Financial Powers

Rediff.com5 Jun 2026

Army, Navy and Air Force commanders received enhanced powers to address urgent operational requirements quickly.

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.com27 Mar 2026

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.

AI Boom Displaces India Inc from MSCI EM Top 10 for First Time in 26 Years

AI Boom Displaces India Inc from MSCI EM Top 10 for First Time in 26 Years

Rediff.com9 Jun 2026

The unprecedented rally in artificial intelligence (AI)-linked stocks has led to Indian companies being excluded from the top 10 constituents of the MSCI Emerging Markets (EM) Index for the first time in over two decades, raising concerns about concentration risk.

'Peace has never been this close': Pak PM Shehbaz on US-Iran deal

'Peace has never been this close': Pak PM Shehbaz on US-Iran deal

Rediff.com13 Jun 2026

Pakistan Prime Minister Shehbaz Sharif on Friday said that the US and Iran have agreed on the text of a peace deal, kindling hope of a diplomatic breakthrough in the region.

India's fertiliser subsidy bill set to double to Rs 3.4 trillion in FY27

India's fertiliser subsidy bill set to double to Rs 3.4 trillion in FY27

Rediff.com5 days ago

India's Central government is likely to see its fertiliser subsidy bill double to a record 3.4 trillion in FY27, up from the Budget estimate of 1.7 trillion, due to surging global fertiliser prices exacerbated by the West Asia war. This significant increase, coupled with revenue losses from excise duty cuts for oil-marketing companies, is straining the government's fiscal space, though capital expenditure plans remain unchanged.

Fiscal Strain: 18 States Exceed Deficit Ceiling, Revenue Surplus Declines

Fiscal Strain: 18 States Exceed Deficit Ceiling, Revenue Surplus Declines

Rediff.com5 days ago

Eighteen of India's 28 states exceeded the fiscal deficit ceiling of 3 per cent of GSDP in FY25, a deterioration comparable to the Covid year of 2020-21, according to the Comptroller and Auditor General (CAG). The report also noted a decline in states reporting a revenue surplus, with Bihar, Mizoram, and Telangana moving into deficit.

US-Iran Peace Deal: Analysts Eye OMCs, Aviation, Infra as Key Beneficiaries

US-Iran Peace Deal: Analysts Eye OMCs, Aviation, Infra as Key Beneficiaries

Rediff.com6 days ago

A potential US-Iran peace deal, expected to be signed on June 19, is anticipated to ease geopolitical stress and benefit various sectors, particularly in India, with analysts suggesting investors await finer details before making significant moves.

Anil Ambani, Reliance Communications Face New CBI Case Over Alleged Rs 3,750 Crore LIC Loss

Anil Ambani, Reliance Communications Face New CBI Case Over Alleged Rs 3,750 Crore LIC Loss

Rediff.com1 Apr 2026

The CBI has registered a new case against Anil Ambani and Reliance Communications Ltd for allegedly causing a loss of Rs 3,750 crore to the Life Insurance Corporation (LIC) of India.

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.

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.

Will India miss out on FIFA World Cup Broadcast?

Will India miss out on FIFA World Cup Broadcast?

Rediff.com19 May 2026

FIFA officials are visiting India this week to try and resolve a deadlock over broadcast rights for next month's World Cup, with millions of Indian soccer fans potentially missing out on the tournament.

England shift India T20Is for massive TV audience

England shift India T20Is for massive TV audience

Rediff.com8 Jun 2026

The England and Wales Cricket Board has moved the start times of the upcoming five T20 Internationals against India an hour earlier to 10:00 pm IST, aiming to maximise television viewership in the subcontinent. This decision, made after consulting broadcasters, highlights English cricket's financial reliance on high-value series featuring India. The tour also includes a sold-out ODI series, with uncertainty surrounding Virat Kohli's participation due to injury.

Cabinet passes resolution lauding Modi for 4,399-days record

Cabinet passes resolution lauding Modi for 4,399-days record

Rediff.com10 Jun 2026

The Union Cabinet applauded Prime Minister Narendra Modi for becoming India's longest continuously serving elected Prime Minister, surpassing Jawaharlal Nehru's record. Modi first took office in 2014, was re-elected in 2019, and began his third consecutive term in June 2024.

Army inducts 106 indigenous Agniveg drones for deep precision strikes

Army inducts 106 indigenous Agniveg drones for deep precision strikes

Rediff.com11 Jun 2026

A tech firm has delivered to the Army 106 turbojet-powered kamikaze drones designed to engage high-value targets deep inside enemy territory and operate in contested electromagnetic environments, according to a statement.

Zee Entertainment in talks to stream 2026 FIFA World Cup in India

Zee Entertainment in talks to stream 2026 FIFA World Cup in India

Rediff.com27 May 2026

With the 2026 FIFA World Cup just weeks away, uncertainty over India's broadcast rights continues amid legal intervention and concerns over free-to-air access for football fans.

Airtel Defends Its Priority Postpaid Plans

Airtel Defends Its Priority Postpaid Plans

Rediff.com6 Jun 2026

Airtel, which upgraded all postpaid customers to priority plans, argued that the service did not throttle or degrade the experience for its prepaid customers, forming the majority of its 368 million customers in the country.

Half of Indian companies to adopt AI payroll in a year, ADP report finds

Half of Indian companies to adopt AI payroll in a year, ADP report finds

Rediff.com12 Jun 2026

A new report by ADP reveals that one in two Indian companies plan to adopt AI-powered payroll systems within the next 12 months, driven by the need for automation in workforce management, compliance, and compensation decisions. However, firms are increasingly cautious about data protection risks, especially with the implementation of the Digital Personal Data Protection (DPDP) Act, 2023.

India's Era Has Arrived: Birla

India's Era Has Arrived: Birla

Rediff.com5 Jun 2026

Kumar Mangalam Birla urged young people to 'build in India, build for India and build for the world'.

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.

New Army Chief Set To Accelerate Modernisation

New Army Chief Set To Accelerate Modernisation

Rediff.com7 days ago

Lieutenant General Seth's involvement in the army's capability development and modernisation efforts is evident from the key appointments he has held in the Strategic Planning and Capability Development Directorates, including Colonel Capability Development for Mechanised Forces, Brigadier Perspective Plans and Acquisition, and Additional Director General Capability Development.

What Jawaharlal Nehru Did for India

What Jawaharlal Nehru Did for India

Rediff.com6 days ago

Through his commitment to democratic norms, debate, dissent and constitutionalism, Jawaharlal Nehru helped ensure that parliamentary democracy took deep root in independent India. Utkarsh Mishra evaluates Nehru's 17 years as India's first prime minister, examining his role in nation-building, democratic institution-building, economic planning, scientific advancement and foreign policy.

Sensex, Nifty rebound; RIL leads gains

Sensex, Nifty rebound; RIL leads gains

Rediff.com20 May 2026

Indian benchmark equity indices, Sensex and Nifty, rebounded on Wednesday, recovering intraday losses, primarily driven by strong fag-end buying and a significant rally in blue-chip Reliance Industries.

Afghanistan coach Richard Pybus admits team's DRS rustiness

Afghanistan coach Richard Pybus admits team's DRS rustiness

Rediff.com7 Jun 2026

Afghanistan head coach Richard Pybus admitted his team's "rusty" performance in making correct DRS calls, citing a lack of conviction and poor decision-making during matches against India, which cost them crucial wickets. He also offered insights into the rigorous review process for on-field umpires.

'When You Empower A Woman, You Empower A Family'

'When You Empower A Woman, You Empower A Family'

Rediff.com5 days ago

'You empower a man, you are not necessarily empowering a family, you are just empowering him.'

Sensex tanks 719 points as global cues, surging oil prices weigh on markets

Sensex tanks 719 points as global cues, surging oil prices weigh on markets

Rediff.com8 Jun 2026

Indian benchmark indices Sensex and Nifty experienced a significant slump, with the Sensex tumbling 719.08 points, driven by escalating West Asian tensions, a sharp rise in crude oil prices, and a global sell-off in technology stocks.

Tata Motors' CV arm shifts focus to services, digital biz for growth

Tata Motors' CV arm shifts focus to services, digital biz for growth

Rediff.com8 Jun 2026

Tata Motors' commercial vehicle business is increasingly focusing on parts, services, connected-vehicle platforms, and digital businesses to drive growth and reduce dependence on cyclical vehicle sales, as outlined in its FY26 annual report.