News for 'Reliance'

US: 'India Has Taken Advantage Of Ukraine War'

US: 'India Has Taken Advantage Of Ukraine War'

Rediff.com7 Aug 2025

'India has intentionally taken advantage of the war in Ukraine to dramatically increase its purchases of Russian crude, when there are roughly 40 major crude providers that could satisfy Indian demand.'

India's imports of Russian oil under spotlight after Trump tariffs

India's imports of Russian oil under spotlight after Trump tariffs

Rediff.com31 Jul 2025

From just 0.2 per cent before the Russia-Ukraine war to now accounting for 35-40 per cent of total crude imports, India's reliance on Russian oil has surged -- drawing fresh scrutiny with US President Donald Trump announcing a penalty on top of a 25 per cent tariff, or tax, on all goods going to the US.

Stock markets close flat; Eternal jumps nearly 11%

Stock markets close flat; Eternal jumps nearly 11%

Rediff.com22 Jul 2025

Food delivery and quick commerce firm Eternal, which owns the Zomato and Blinkit brands, on Monday reported a consolidated net profit of Rs 25 crore for the June quarter, as continuing investments in quick commerce and going-out businesses weighed on its bottom line. Titan, Hindustan Unilever, Bharat Electronics, Maruti, ICICI Bank and Mahindra & Mahindra were also among the gainers. However, Tata Motors, Adani Ports, State Bank of India and Reliance Industries were among the laggards.

Coming Soon! Simplified Bank Customer Claim Rules

Coming Soon! Simplified Bank Customer Claim Rules

Rediff.com7 Aug 2025

The move is aimed at making settlement of claims or return of articles from a locker smooth for relatives after the death of a customer.

Sebi's new reforms aim to streamline mega IPOs

Sebi's new reforms aim to streamline mega IPOs

Rediff.com9 Aug 2025

The Securities and Exchange Board of India (Sebi) is set to introduce key reforms aimed at facilitating smoother mega initial public offerings (IPOs). Key among the proposals is a reduction in the quota reserved for individual investors - those applying for less than Rs 2,00,000 per application - from the current 35 per cent to 25 per cent for large IPOs (issue size above Rs 5,000 crore).

Blue-chip stocks drag Sensex down by 542 points

Blue-chip stocks drag Sensex down by 542 points

Rediff.com24 Jul 2025

From the Sensex firms, Trent, Tech Mahindra, Bajaj Finserv, Reliance Industries, Infosys, Kotak Mahindra Bank, HCL Technologies, and NTPC were among the biggest laggards. However, Eternal, Tata Motors, Sun Pharma, Tata Steel, and Titan were the gainers.

Small is big for PEs, companies as M&As rise to $45.4 billion in H1

Small is big for PEs, companies as M&As rise to $45.4 billion in H1

Rediff.com11 Jul 2025

India's mergers & acquisitions (M&As) market recorded deals worth $45.44 billion in the first half of 2025, up nearly 3.3 per cent from a year ago, even as ultra large-ticket transactions remained subdued. During the first half, the 7.1 per cent rise in deal count to 1,614 signals continuing appetite among domestic conglomerates and private equity (PE) funds for mid-sized and smaller assets.

Sensex jumps 1,000 points; Nifty surges over 1%

Sensex jumps 1,000 points; Nifty surges over 1%

Rediff.com26 Jun 2025

From the Sensex constituents, Tata Steel, Bajaj Finance, Bharti Airtel, Adani Ports, Eternal, Bajaj Finserv, NTPC, HDFC Bank, Reliance Industries and Axis Bank were among the major gainers. In contrast, Trent, State Bank of India, Tech Mahindra, Maruti and Mahindra & Mahindra were among the laggards.

Sensex gains 300 pts on fresh foreign fund inflows and buying in ICICI Bank, RIL

Sensex gains 300 pts on fresh foreign fund inflows and buying in ICICI Bank, RIL

Rediff.com27 Jun 2025

From the Sensex pack, Asian Paints, UltraTech Cement, Power Grid, ICICI Bank, Reliance Industries, Hindustan Unilever, Bharat Electronics and Sun Pharma were among the major gainers. In contrast, Trent, Eternal, Axis Bank and Titan were among the laggards.

India looks to bet big on foreign drillers

India looks to bet big on foreign drillers

Rediff.com21 Jul 2025

India, the biggest contributor to world demand for oil, will bring into effect in an overhaul of its drilling policy. This comes after more than a year of preparation and will boost the exploration and development of India's oil and gas sector along with increased participation by foreign drillers

Why Sholay's Basanti Is Every Woman's Hero

Why Sholay's Basanti Is Every Woman's Hero

Rediff.com15 Aug 2025

Sholay's Basanti is the face of women's empowerment and gender equality. That's why, half a century after the movie first released, we're still talking about her.

To The Rescue After The Cloudburst

To The Rescue After The Cloudburst

Rediff.com6 Aug 2025

Glimpses from India and around the world that will make you smile and cry.

Reliance Infra cuts standalone debt by 87%; shares surge 20%

Reliance Infra cuts standalone debt by 87%; shares surge 20%

Rediff.com18 Sep 2024

Anil Ambani's Reliance Infrastructure Ltd has slashed its standalone debt by 87 per cent to Rs 475 crore after it cleared outstanding dues of Life Insurance Corporation of India, ICICI Bank and other lenders, the firm said on Wednesday. In stock exchange filings and press statements, Reliance Infrastructure said its standalone external debt has reduced from Rs 3,831 crore to Rs 475 crore. "Consequently, the net worth of the company will stand at Rs 9,041 crore."

Sensex climbs 443 pts on buying in HDFC Bank, ICICI Bank

Sensex climbs 443 pts on buying in HDFC Bank, ICICI Bank

Rediff.com21 Jul 2025

ICICI Bank jumped 2.76 per cent after the company posted a 15.9 per cent jump in its consolidated net profit for the June quarter to Rs 13,558 crore compared to Rs 11,696 crore in the year-ago period. HDFC Bank climbed 2.19 per cent despite the firm reporting a 1.31 per cent decline in its consolidated net profit to Rs 16,258 crore for the June 2025 quarter. Mahindra & Mahindra, Bharat Electronics, Kotak Mahindra Bank and Tata Motors were also among the gainers.

Suffering From Heartbreak? Don't Ask AI For Advice

Suffering From Heartbreak? Don't Ask AI For Advice

Rediff.com7 Aug 2025

AI can help you reflect but only real experts can guide you through heartbreak, conflict or emotional chaos.

Time To Tackle The Digital Fraud Surge

Time To Tackle The Digital Fraud Surge

Rediff.com14 Aug 2025

We propose an expert group be set up to form a national strategy on digital fraud. This group would bring together skills in financial regulation, security economics, cyber defence, and public communications, and an understanding of the Indian financial and security systems. It should lay the foundations of a coordinated approach by the Indian State in fighting digital fraud, suggest Ajay Shah and Nandkumar Saravade.

Look Who Riddhima Walked The Ramp For!

Look Who Riddhima Walked The Ramp For!

Rediff.com25 Jul 2025

"If something look nice on someone, it's not necessary that it will look nice on you too. So just have your own style. Be comfortable. Be confident," says Riddhima Kapoor Sahni.

'Daam Kam, Dum Zyada': Top quotes from Modi's I-Day speech

'Daam Kam, Dum Zyada': Top quotes from Modi's I-Day speech

Rediff.com15 Aug 2025

Prime Minister Narendra Modi addressed the nation on Independence Day, focusing on economic growth, self-reliance, and national security. He emphasized manufacturing quality products at affordable prices, supporting farmers, and combating terrorism and infiltration.

Anil Ambani's loan account is NOT 'fraudulent': Canara Bank to HC

Anil Ambani's loan account is NOT 'fraudulent': Canara Bank to HC

Rediff.com10 Jul 2025

The Canara Bank on Thursday informed the Bombay high court that it has withdrawn its order classifying as "fraudulent" the loan account of a firm linked to industrialist Anil Ambani. After the bank's disclosure, a bench of Justices Revati Mohite Dere and Neela Gokhale disposed of the petition filed by Ambani challenging the bank's order, saying nothing survives in it.

Trump's Tariffs: Why India Needs To Be Strategic

Trump's Tariffs: Why India Needs To Be Strategic

Rediff.com12 Aug 2025

In trade negotiations, as in chess, sometimes you need to accept a temporary disadvantage to secure a better long-term position, points out Sonal Varma, chief economist (India and Asia ex-Japan) at Nomura.

How To Tackle Credit Card Debt

How To Tackle Credit Card Debt

Rediff.com12 Aug 2025

'Revolving credit without full repayment causes interest to outpace repayment capacity, and leads to financial distress.'

'Companies Will Be More Powerful Than Nations'

'Companies Will Be More Powerful Than Nations'

Rediff.com19 Aug 2025

'If you align your ambition with India's rise, the peak of your careers will unfold alongside the peak of India's power.'

Did Tara Send Veer A Flying Kiss?

Did Tara Send Veer A Flying Kiss?

Rediff.com26 Jul 2025

This is what unfolded at the India Couture Week ramp.

Little group called BRICS is fading out fast: Trump

Little group called BRICS is fading out fast: Trump

Rediff.com19 Jul 2025

United States President Donald Trump has warned that countries aligning with the BRICS economic bloc will face additional 10 per cent tariffs on their goods, as he seeks to protect the dollar's global dominance.

Ambani flies to Qatar to meet Trump, 2nd meeting since inauguration

Ambani flies to Qatar to meet Trump, 2nd meeting since inauguration

Rediff.com14 May 2025

The richest Asian Mukesh Ambani is flying to Doha to meet US President Donald Trump, his second meeting since Trump returned to presidency in January this year.

Time For India's Defence Reality Check

Time For India's Defence Reality Check

Rediff.com25 Jul 2025

When the technology gap between China and India will remain large, cost-effective hardware of the kind that proved their worth in Operation Sindoor should be our priority, points out R Jagannathan.

Three CEOs to lead Reliance-Disney media behemoth

Three CEOs to lead Reliance-Disney media behemoth

Rediff.com15 Nov 2024

Reliance Industries Limited (RIL), Viacom18 Media (Viacom18), and The Walt Disney Company announced on Thursday that they have completed the merger of Viacom18's media and JioCinema businesses into Star India (SIPL), creating a mega joint venture valued at Rs 70,352 crore. The new entity will be guided by three chief executive officers (CEOs), "who will lead the company into a new era of ambition and disruption", according to a joint statement. Kevin Vaz will lead the entertainment division across all platforms, Kiran Mani will head the combined digital division, and Sanjog Gupta will oversee the sports operations.

When Tamannaah Became Love!

When Tamannaah Became Love!

Rediff.com24 Jul 2025

Tamannaah dazzled not in one but two outfits for Designer Rahul Mishra.

Sensex, Nifty extend losses; Reliance, Airtel drag

Sensex, Nifty extend losses; Reliance, Airtel drag

Rediff.com5 Sep 2024

Among the 30 Sensex firms, Reliance Industries declined over 1 per cent. Tata Motors, Nestle, Bharti Airtel, Bajaj Finance, Larsen & Toubro, JSW Steel and Mahindra & Mahindra were other big laggards. In contrast, Titan, ITC, Infosys, HCL Technologies, Tata Steel and State Bank of India were among the biggest gainers.

Reliance not pursuing short-term profit, says Mukesh Ambani

Reliance not pursuing short-term profit, says Mukesh Ambani

Rediff.com29 Aug 2024

Asia's richest man Mukesh Ambani on Thursday said his oil-to-telecom-and-retail conglomerate is not seeking short-term profit but is in the business of creating wealth for the nation. Speaking at the company's annual shareholder meeting, he said all businesses of Reliance Industries Ltd continue to be key drivers of the Indian economy and have become a success story. "We are not in the business of pursuing short-term profit and hoarding wealth. "We are in the business of creating wealth for India," he said.

India's Foreign Policy Needs Strategic Expansion

India's Foreign Policy Needs Strategic Expansion

Rediff.com12 Aug 2025

The era where nations thrived through rigid alignments is giving way to an age where the connective State defines power. For India, that era has arrived, points out Dr Nishakant Ojha.

Doping scandal rocks wrestling: 5 minors, 1 Olympian face ban

Doping scandal rocks wrestling: 5 minors, 1 Olympian face ban

Rediff.com23 Jul 2025

A look at NADA's list of suspended athletes reveals that wrestling has the second most dope offenders among all sporting disciplines in India.

Sensex ends down 176 points; IT, oil stocks drag

Sensex ends down 176 points; IT, oil stocks drag

Rediff.com9 Jul 2025

From the Sensex firms, HCL Tech, Tata Steel, Tech Mahindra, Reliance Industries, Bharat Electronics and ICICI Bank were among the laggards. Bajaj Finance, Hindustan Unilever, UltraTech Cement and Power Grid were among the gainers.

Foreign fund inflows, ICICI Bank and RIL boost markets

Foreign fund inflows, ICICI Bank and RIL boost markets

Rediff.com5 Jun 2025

Eternal was the biggest gainer in the Sensex pack, jumping 4.50 per cent, followed by Power Grid, ICICI Bank, Reliance Industries, UltraTech Cement, Adani Ports, Sun Pharma, ITC and Hindustan Unilever were also among the winners. In contrast, IndusInd Bank, Axis Bank, Bajaj Finserv and Bajaj Finance were among the laggards.

Animal Hangover In Ranveer's Dhurandhar Teaser

Animal Hangover In Ranveer's Dhurandhar Teaser

Rediff.com7 Jul 2025

Aditya Dhar's penchant for action and high-pitched dramatic moments hover over Dhurandhar's teaser. And there shouldn't be any doubt that the director will deliver the goods, expects Mayur Sanap.

Sensex climbs 261 points tracking rally in global equities

Sensex climbs 261 points tracking rally in global equities

Rediff.com4 Jun 2025

From the Sensex firms, Eternal climbed 3.32 per cent. Bharti Airtel, IndusInd Bank, Tech Mahindra, Reliance Industries, Tata Motors, HDFC Bank, Tata Steel and Hindustan Unilever were the other major gainers. However, Bajaj Finserv, Axis Bank, Tata Consultancy Services, Titan and Larsen & Toubro were among the laggards.

Sensex drops 452 points dragged by bank stocks

Sensex drops 452 points dragged by bank stocks

Rediff.com30 Jun 2025

From the Sensex firms, Axis Bank, Kotak Mahindra Bank, Maruti, UltraTech Cement, Bajaj Finance, ICICI Bank, Reliance Industries, Tata Steel, Bharti Airtel and HDFC Bank were among the major laggards. However, Trent, State Bank of India, Bharat Electronics, Titan and Bajaj Finserv were among the gainers.

FULL TEXT: President's address to the nation on I-Day eve

FULL TEXT: President's address to the nation on I-Day eve

Rediff.com15 Aug 2025

President Droupadi Murmu's address to the nation on the eve of the 79th Independence Day.

'No Sane Pilot Would Shut Off Fuel'

'No Sane Pilot Would Shut Off Fuel'

Rediff.com21 Jul 2025

'In multi-pilot operations, no critical switch can be moved without the other pilot's consent.'

Trump slaps 25% tariff on India from Aug 1

Trump slaps 25% tariff on India from Aug 1

Rediff.com30 Jul 2025

US President Donald Trump has announced a 25 per cent plus tariff on India from Aug 1. Trump, describing India as a "friend", said the US has done relatively "little business" with the country because of its high tariffs.