News for 'Reliance'

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.com16 Jun 2026

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.

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.com17 Jun 2026

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.com17 Jun 2026

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.

Four of top valued firms lose Rs 1 lakh crore in market cap; SBI biggest laggard

Four of top valued firms lose Rs 1 lakh crore in market cap; SBI biggest laggard

Rediff.com10 May 2026

The combined market valuation of four of India's top-10 most valued firms, including State Bank of India, Bharti Airtel, Tata Consultancy Services, and Larsen & Toubro, eroded by Rs 1 lakh crore last week amidst a volatile and range-bound equity market.

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.

Zee To Broadcast 2026 Football World Cup In India

Zee To Broadcast 2026 Football World Cup In India

Rediff.com1 Jun 2026

Zee Entertainment said on Monday it had secured the rights to broadcast the 2026 FIFA World Cup and 38 other FIFA events through 2034.

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.

IAF, DRDO conducts flight-tests of RudraM-II air-to-surface missile

IAF, DRDO conducts flight-tests of RudraM-II air-to-surface missile

Rediff.com2 Jun 2026

The Defence Research and Development Organisation (DRDO) and the Indian Air Force (IAF) have successfully conducted flight tests of the RudraM-II air-to-surface missile, marking a significant milestone in indigenous defence technology.

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.

Geopolitical Risks Could Push Jio Platforms IPO to H2 FY27

Geopolitical Risks Could Push Jio Platforms IPO to H2 FY27

Rediff.com29 Apr 2026

Reliance Industries' digital arm, Jio Platforms, may see its initial public offering (IPO) delayed to the second half of fiscal 2027, according to CreditSights. The delay is primarily attributed to ongoing geopolitical tensions in the Middle East, which could impact market conditions and investor sentiment.

ED questions Yes Bank's Rana Kapoor in Reliance Anil Ambani group case

ED questions Yes Bank's Rana Kapoor in Reliance Anil Ambani group case

Rediff.com15 Dec 2025

The Enforcement Directorate on Monday questioned Yes Bank co-founder Rana Kapoor as part of a money laundering investigation against Reliance Anil Ambani group companies, officials said.

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.

Gulveer Singh Smashes Indian Mile Record In USA

Gulveer Singh Smashes Indian Mile Record In USA

Rediff.com30 May 2026

Indian long-distance runner Gulveer Singh became the first Indian to run a mile race in under four minutes, winning the title at the 24th Annual Music City Track Carnival in Cleveland, USA.

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.

New Army Chief Set To Accelerate Modernisation

New Army Chief Set To Accelerate Modernisation

Rediff.com15 Jun 2026

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.

'You need wickets': Patidar's IPL 2026 final masterplan

'You need wickets': Patidar's IPL 2026 final masterplan

Rediff.com30 May 2026

Royal Challengers Bengaluru skipper Rajat Patidar expresses confidence in his team's bowling attack, led by Bhuvneshwar Kumar, to secure their second consecutive IPL title against Gujarat Titans.

Modi calls on states to leverage AI, tackle cyber fraud and prepare for El Nino impact

Modi calls on states to leverage AI, tackle cyber fraud and prepare for El Nino impact

Rediff.com11 Jun 2026

Prime Minister Narendra Modi has urged states to balance the opportunities presented by artificial intelligence with the need to safeguard against social challenges like cyber fraud and drug abuse. He also warned of the risks posed by El Nino conditions, calling for stronger water conservation measures and emphasising the collective resolve towards a 'Viksit Bharat'.

Moody's Slashes India's 2026 GDP Growth Forecast To 6%

Moody's Slashes India's 2026 GDP Growth Forecast To 6%

Rediff.com12 May 2026

Moody's Ratings has reduced India's GDP growth forecast for 2026 to 6 per cent, citing subdued private consumption, capital formation, and industrial activity due to higher energy costs and global uncertainties.

What Jawaharlal Nehru Did for India

What Jawaharlal Nehru Did for India

Rediff.com16 Jun 2026

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.

Gurindervir Singh Smashes 100m National Record; Vishal TK Creates History

Gurindervir Singh Smashes 100m National Record; Vishal TK Creates History

Rediff.com23 May 2026

Gurindervir Singh set a new national record in the men's 100m, clocking 10.09 seconds, while Vishal TK became the first Indian to run the 400m in under 45 seconds at the National Senior Federation Competition.

Oval Invincibles renamed MI London after Reliance-Surrey deal

Oval Invincibles renamed MI London after Reliance-Surrey deal

Rediff.com3 Dec 2025

Indian multinational conglomerate Reliance Industries and Surrey County Cricket Club on Wednesday announced their partnership in The Hundred and expectedly renamed the franchise MI London.

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

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

Rediff.com17 Jun 2026

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

'Save the farmland': Yuvraj Singh urges Punjab's farmers to reduce chemical fertilisers

'Save the farmland': Yuvraj Singh urges Punjab's farmers to reduce chemical fertilisers

Rediff.com21 May 2026

Former India cricketer Yuvraj Singh has called for a shift away from chemical fertilisers in Punjab, warning that their overuse was degrading soil quality across the state.

National Record Broken Twice In Thrilling 100m Race

National Record Broken Twice In Thrilling 100m Race

Rediff.com22 May 2026

The national record in the men's 100m race was broken twice within minutes at the National Senior Athletics Federation Competition, with Gurindervir Singh initially breaking the record before Animesh Kujur reclaimed it.

National Record Broken Twice At Athletics Federation Competition

National Record Broken Twice At Athletics Federation Competition

Rediff.com22 May 2026

The national record in the men's 100m race was broken twice within minutes at the National Senior Athletics Federation Competition. Ancy Sojan won the women's long jump with a meet record, and Seema achieved the Commonwealth Games qualification mark in the women's discus throw.

Rafael Nadal opens up about health risks during career

Rafael Nadal opens up about health risks during career

Rediff.com29 May 2026

Rafael Nadal, the 22-time Grand Slam champion, has revealed the immense health risks he took to prolong his tennis career, battling a chronic foot injury and other complications.

Flex fuel to be sold at 5,000 outlets by end of next year

Flex fuel to be sold at 5,000 outlets by end of next year

Rediff.com5 Jun 2026

Oil-marketing companies (OMCs) are set to significantly expand the sale of flex fuel (E85) across India, with plans to reach 5,000 outlets in major cities by the end of next year, according to Petroleum Minister Hardeep Singh Puri. This move aims to boost ethanol demand, reduce crude oil imports, and cut carbon emissions, coinciding with the launch of India's first flex-fuel vehicles by Maruti Suzuki and Hero MotoCorp.

RIL's Q4 Profit Falls 12.5% Due to Energy Crisis, Jio Platforms Reports 13% Growth

RIL's Q4 Profit Falls 12.5% Due to Energy Crisis, Jio Platforms Reports 13% Growth

Rediff.com24 Apr 2026

Reliance Industries Ltd reported a 12.5 per cent fall in its March quarter net profit, primarily impacted by the global energy crisis affecting its oil and chemicals business, while its consumer-facing Jio Platforms unit saw a 13 per cent increase in profit after tax.

Indian Equities Bounce Back: Sensex Jumps 639 Pts, Nifty Up 194 Pts

Indian Equities Bounce Back: Sensex Jumps 639 Pts, Nifty Up 194 Pts

Rediff.com27 Apr 2026

Indian benchmark stock indices Sensex and Nifty rebounded nearly 1 per cent, snapping a three-day decline, driven by rallies in Reliance Industries and Sun Pharma, alongside positive global market trends and easing geopolitical tensions.

Why Supreme Court Deferred Hearing In Anil Ambani Group Fraud Case

Why Supreme Court Deferred Hearing In Anil Ambani Group Fraud Case

Rediff.com30 Apr 2026

The Supreme Court has deferred the hearing on a PIL alleging large-scale banking fraud involving the Anil Dhirubhai Ambani Group and its firms to May 8.

Why Spielberg Is Wary Of AI's Role In Creative Industries

Why Spielberg Is Wary Of AI's Role In Creative Industries

Rediff.com28 May 2026

Steven Spielberg voices concerns about AI's role in filmmaking, advocating for its use as a tool but cautioning against it replacing human creativity.

India widens nuke arsenal lead over Pak: SIPRI report

India widens nuke arsenal lead over Pak: SIPRI report

Rediff.com8 Jun 2026

A new report from the Stockholm International Peace Research Institute (SIPRI) indicates that India has expanded its nuclear arsenal and is developing long-range weapons capable of reaching targets across China, while also maintaining focus on its rivalry with Pakistan.

FPIs withdraw nearly Rs 33,000 crore in May, total outflow crosses Rs 2.25 lakh crore in 2026

FPIs withdraw nearly Rs 33,000 crore in May, total outflow crosses Rs 2.25 lakh crore in 2026

Rediff.com31 May 2026

Foreign Portfolio Investors (FPIs) withdrew nearly Rs 33,000 crore from Indian equities in May, bringing the total outflow for 2026 to Rs 2.25 lakh crore, driven by weak earnings growth, rupee depreciation, and more attractive opportunities in other global markets.

Will Indians Get To Watch FIFA World Cup 2026?

Will Indians Get To Watch FIFA World Cup 2026?

Rediff.com21 May 2026

With less than a month to go, football fans have all fingers -- and toes -- crossed, notes Kanika Datta.

As El Nino looms, govt making district-wise plan to tackle weak monsoon

As El Nino looms, govt making district-wise plan to tackle weak monsoon

Rediff.com29 May 2026

"Rather than worrying, preparation is required. Contingency plans will be made for affected districts and crop changes will be considered wherever necessary"

'We Are Buying Russian Oil Even Now'

'We Are Buying Russian Oil Even Now'

Rediff.com27 May 2026

India bought 1.87 million barrels of Russian oil per day in May so far, meeting approximately 40 per cent of its oil imports.

India, Venezuela vow long-term energy tie-up

India, Venezuela vow long-term energy tie-up

Rediff.com4 Jun 2026

India's procurement of Venezuelan crude oil has picked up momentum since April and the South American nation has already emerged as the third largest oil supplier to the country.

Anant Ambani steps in to save 80 hippos from Colombia cull, offers India home

Anant Ambani steps in to save 80 hippos from Colombia cull, offers India home

Rediff.com28 Apr 2026

Anant Mukesh Ambani has appealed to Colombia to suspend a plan to cull 80 hippopotamuses and instead allow their relocation to his wildlife facility in India, offering to fund and execute the operation.

Iran War Offers India Key Lessons

Iran War Offers India Key Lessons

Rediff.com9 Jun 2026

A lesson for India is to clearly define objectives beforehand, so that the adversary or other parties do not attempt to mitigate them midway.