News for 'Reliance'

Govt clears Rs 62,000 cr deal to buy 97 LCA Mark 1A jets for IAF

Govt clears Rs 62,000 cr deal to buy 97 LCA Mark 1A jets for IAF

Rediff.com20 Aug 2025

The final approval for the acquisition of 97 LCA Mark 1A fighters was given by a high-level meeting on Tuesday and will pave the way for Hindustan Aeronautics Limited to produce the aircraft, defence sources told ANI.

Ambani's Rs 86 Cr Bet On Trump Card

Ambani's Rs 86 Cr Bet On Trump Card

Rediff.com18 Jun 2025

Reliance 4IR Realty Development, a unit of Mukesh Ambani's Reliance Industries, paid a Rs 86.5 crore 'development fee' to license the Trump brand for a forthcoming real estate project in Mumbai.

No half measures: Gooch sees similarity in Siraj and Stokes

No half measures: Gooch sees similarity in Siraj and Stokes

Rediff.com3 Aug 2025

'Stokes, to me, has been a phenomenon this season'

The Hundred keen to feed off IPL's 'phenomenal growth'

The Hundred keen to feed off IPL's 'phenomenal growth'

Rediff.com31 Jul 2025

The Hundred looking to feed off IPL's "phenomenal growth" after drawing Indian investment

Maratha Quota Stir: 'Business Is Affected'

Maratha Quota Stir: 'Business Is Affected'

Rediff.com2 Sep 2025

'All commercial and banking transactions happen in South Mumbai.'

Sensex drops 308 pts; RIL, HDFC Bank major drags

Sensex drops 308 pts; RIL, HDFC Bank major drags

Rediff.com5 Aug 2025

Among Sensex shares, Adani Ports, Reliance Industries, Infosys, ICICI Bank, Eternal, BEL, HDFC Bank, Power Grid, ITC and Sun Pharmaceutical were the major laggards. However, Titan, Maruti, Trent, Bharti Airtel, Bajaj Finance, Tech Mahindra, State Bank of India, L&T, HCL Technologies and NTPC were among the gainers.

Maha steps up efforts to bring back elephant Mahadevi from Guj after stir

Maha steps up efforts to bring back elephant Mahadevi from Guj after stir

Rediff.com2 Aug 2025

Maharashtra minister Prakash Abitkar said efforts are underway to bring back elephant Mahadevi from a rescue center in Gujarat. The elephant was relocated following a court order due to health concerns. Local leaders are protesting the relocation and seeking her return.

India-China trade: Deficit widens to $99.2 bn

India-China trade: Deficit widens to $99.2 bn

Rediff.com30 Aug 2025

The bilateral trade between India and China has been growing at a healthy rate, but the trade gap remains sharply tilted in Beijing's favour. India has time and again flagged its concern over the ballooning trade deficit and the non-trade barriers faced by Indian goods in the Chinese market.

LIC's stock portfolio sees Rs 46,000 cr dent in July

LIC's stock portfolio sees Rs 46,000 cr dent in July

Rediff.com5 Aug 2025

Life Insurance Corporation (LIC) , the country's largest domestic institutional investor (DII), has seen a Rs 46,000 crore erosion in the value of its equity holdings amid market downturns in July. The benchmark indices, Nifty 50 and BSE Sensex, have slipped 2.6 per cent from their June 2025-end level to 24,837 and 81,463.09 respectively.

India hopeful of concluding trade pact with US by 'Nov or so': Piyush Goyal

India hopeful of concluding trade pact with US by 'Nov or so': Piyush Goyal

Rediff.com2 Sep 2025

Commerce and Industry Minister Piyush Goyal on Tuesday expressed hope that India will conclude the proposed bilateral trade agreement (BTA) with the US by the fall or November this year. He said that "a little bit" of geopolitical issues overtook the trade matters in the negotiations for the pact between the two countries.

'We May Have Hiccups Now, On Track To Solving It'

'We May Have Hiccups Now, On Track To Solving It'

Rediff.com12 Sep 2025

'While the President has been critical of India, he has gone out of his way to compliment PM Modi. They have an incredible relationship.'

Tribunal stays insolvency proceedings against RInfra

Tribunal stays insolvency proceedings against RInfra

Rediff.com4 Jun 2025

In a big relief to Reliance Infrastructure, appellate tribunal NCLAT on Wednesday stayed the insolvency proceedings against the company. Reliance Infrastructure in a regulatory filing said that the National Company Law Appellate Tribunal (NCLAT) suspended the order passed by the NCLT over an appeal filed by it.

India may emerge as second-largest economy by 2038

India may emerge as second-largest economy by 2038

Rediff.com28 Aug 2025

India's economy could reach $20.7 trillion in terms of purchasing power parity (PPP) by 2030 and may emerge as the second-largest economy by 2038 with $34.2 trillion GDP, an EY report said on Wednesday. The report also said that with appropriate countermeasures, India can limit the adverse impact of higher US tariffs on selected Indian imports to about 10 basis points of real GDP growth.

Dubai-based siblings to transfer jiohotstar.com domain to Reliance 'free of cost'

Dubai-based siblings to transfer jiohotstar.com domain to Reliance 'free of cost'

Rediff.com17 Nov 2024

Dubai-based siblings Jainam and Jivika, the owners of jiohotstar.com domain, have decided to transfer it to Reliance "free of cost", resting speculations on social media platforms. The story of the internet domain name, which grabbed a lot of attention on social media platforms in the recent past, ended with "seva and kindness", according to the duo.

RIL sells 85 lakh shares of Asian Paints for Rs 1,876 cr

RIL sells 85 lakh shares of Asian Paints for Rs 1,876 cr

Rediff.com17 Jun 2025

Billionaire Mukesh Ambani-led Reliance Industries on Monday sold 85 lakh shares of Asian Paints for Rs 1,876 crore through an open market transaction.

Why Disney-Reliance merger faces hurdle

Why Disney-Reliance merger faces hurdle

Rediff.com21 Aug 2024

The CCI has asked the companies to explain within 30 days why an investigation should not be ordered.

How Onam Is Making Kerala's Women Prosperous

How Onam Is Making Kerala's Women Prosperous

Rediff.com4 Sep 2025

Kudumbashree's new initiatives like onasadya, Onam kits and gift hampers are a huge hit.

Bengaluru FC stops salaries of players with ISL in limbo

Bengaluru FC stops salaries of players with ISL in limbo

Rediff.com5 Aug 2025

2018-19 ISL champions Bengaluru FC said they had taken the decision "in view of the uncertainty surrounding the future of the Indian Super League season."

Reliance, BP partnership to continue despite end of exclusivity

Reliance, BP partnership to continue despite end of exclusivity

Rediff.com2 Oct 2024

Global supermajor BP Plc's exclusivity with Reliance Industries Ltd has ended but the energy giant will continue to pursue oil and gas as well as mobility ventures in India with the Mukesh Ambani firm owing to an unwritten strategic partnership, BP's outgoing India head Sashi Mukundan said. BP in 2011 spent $7.2 billion to acquire 30 per cent interest in 23 oil and gas blocks of Reliance. Eastern offshore KG-D6 block was the cornerstone of the deal that also provided for a 10-year exclusivity period which meant that BP would take up energy projects or investments in India only in partnership with Reliance.

Prez hails Op Sindoor, Atmanirbhar Bharat in I-Day address

Prez hails Op Sindoor, Atmanirbhar Bharat in I-Day address

Rediff.com15 Aug 2025

President Droupadi Murmu addressed the nation on the eve of Independence Day, praising the response to terrorism, highlighting achievements in defense self-reliance, and emphasizing unity and progress.

54 MiGs Have Crashed In 17 Years

54 MiGs Have Crashed In 17 Years

Rediff.com9 Aug 2025

Between FY09 and FY25, 101 IAF fighter jets have crashed, costing the lives of 28 pilots.

Space Milestones For India On Ganesh Chaturthi

Space Milestones For India On Ganesh Chaturthi

Rediff.com28 Aug 2025

India took another leap in space infrastructure with the foundation stone laid for a new launch pad at the country's second rocket port in Kulasekarapattinam.

After cola play, Reliance Consumer takes trade margin fight to snacks

After cola play, Reliance Consumer takes trade margin fight to snacks

Rediff.com11 Nov 2024

After trying to make a dent in the cola market with Campa by offering higher trade margins to the supply chain, Reliance Consumer Products is betting on the same strategy to capture the chips, namkeen, and biscuits market in the country's booming snacks sector.

Reliance Q3 net rises 7.4% on rebound in retail, higher telecom earnings

Reliance Q3 net rises 7.4% on rebound in retail, higher telecom earnings

Rediff.com16 Jan 2025

Reliance Industries Ltd on Thursday reported a 7.4 per cent rise in its December quarter net profit, as its retail business rebounded and telecom earnings rose. Its consolidated net profit of Rs 18,540 crore, or Rs 13.70 per share, in October-December - the third quarter of April 2024 to March 2025 fiscal (FY25) - compared to Rs 17,265 crore, or Rs 12.76 a share, in the same period a year back, according to a stock exchange filing by the company.

Beware India's Enemies, Akash Prime Is Here!

Beware India's Enemies, Akash Prime Is Here!

Rediff.com18 Jul 2025

The successful validation will speed up induction and significantly bolster India's air defence posture in sensitive frontier zones.

ED raids Anil Ambani-linked cos in loan fraud case, Yes Bank

ED raids Anil Ambani-linked cos in loan fraud case, Yes Bank

Rediff.com24 Jul 2025

The Enforcement Directorate on Thursday conducted simultaneous raids as part of a money laundering investigation linked to an alleged bank loan fraud of Rs 3,000 crore against Anil Ambani group companies and Yes Bank, official sources said.

Sensex rises 419 pts to close above 81K

Sensex rises 419 pts to close above 81K

Rediff.com4 Aug 2025

Among Sensex firms, Tata Steel, BEL, Adani Ports, Tata Consultancy Services, Tech Mahindra, Bharti Airtel, HCL Technologies, Trent, Mahindra & Mahindra, Reliance Industries, UltraTech Cement and Larsen & Toubro were the major gainers. However, Power Grid, HDFC Bank, ICICI Bank, Hindustan Unilever were among the laggards.

5 Reasons Your Start-Up Isn't Growing

5 Reasons Your Start-Up Isn't Growing

Rediff.com28 Aug 2025

Many start-ups crash when they pursue growth without a brand identity, fail to act on market research or rely only on design instead of investing in trust and value, explains Vinayak Burman.

RIL to be a deep-tech, advanced manufacturing powerhouse: Mukesh Ambani

RIL to be a deep-tech, advanced manufacturing powerhouse: Mukesh Ambani

Rediff.com26 Jun 2025

Reliance Industries (RIL), India's largest conglomerate, is set to pivot into a deeptech and advanced manufacturing enterprise, chairman and managing director (CMD) Mukesh Ambani said. "In artificial intelligence, our purpose is clear: to address complex societal challenges and create wealth for the nation and its people.

'Need GST Council-like bodies to boost infra growth'

'Need GST Council-like bodies to boost infra growth'

Rediff.com22 Aug 2025

India needs Goods and Services Tax (GST) Council-like common platforms between states and the Centre in areas such as land clearances, power, and water to fast-track infrastructure projects to achieve double-digit growth going ahead, said Praveer Sinha, chief executive officer and managing director of The Tata Power Company.

CDS reveals how India thwarted Pak drone attack

CDS reveals how India thwarted Pak drone attack

Rediff.com16 Jul 2025

Chief of Defence Staff General Anil Chauhan emphasizes the importance of self-reliance in Unmanned Aerial Vehicles (UAVs) and Counter-Unmanned Aerial Systems (C-UAS) for India, citing recent global conflicts and Operation Sindoor as examples of their strategic importance.

'Sudarshan Chakra' will be India's own 'Iron Dome': CDS

'Sudarshan Chakra' will be India's own 'Iron Dome': CDS

Rediff.com26 Aug 2025

Gen Chauhan said a "whole of the nation" approach will be required to develop the shield.

Tariffs: India Inc Cautions Against Knee-jerk Reaction

Tariffs: India Inc Cautions Against Knee-jerk Reaction

Rediff.com19 Aug 2025

Industry leaders urge India to pursue diplomatic talks with the US, strengthen manufacturing, and consider China ties to gain leverage against tariff pressures.

The Teen Who Stunned Sindhu!

The Teen Who Stunned Sindhu!

Rediff.com18 Aug 2025

'When I played against Sindhu didi in China, I am happy I managed to play better than I did last time.'

Never suggested Modi should retire at 75: Mohan Bhagwat

Never suggested Modi should retire at 75: Mohan Bhagwat

Rediff.com29 Aug 2025

RSS chief Mohan Bhagwat clarified that he never stated he would retire or that others should retire at 75, addressing speculation following his recent remarks.

Sensex, Nifty end in red on concerns over US tariff

Sensex, Nifty end in red on concerns over US tariff

Rediff.com31 Jul 2025

Equity benchmark indices Sensex and Nifty ended lower on Thursday after US President Donald Trump announced the imposition of a 25 per cent tariff on all goods coming from India starting August 1 and an unspecified penalty for buying Russian crude oil and military equipment.

Tehran Review: Middling Movie About Middle East Woes

Tehran Review: Middling Movie About Middle East Woes

Rediff.com14 Aug 2025

Tehran's dull treatment of a dry premise never makes us feel the complexity of the ongoing Middle East crisis nor the patriotic fervour in John Abraham's voice, notes Sukanya Verma.

Pixxel to build India's 1st private Earth observation satellite

Pixxel to build India's 1st private Earth observation satellite

Rediff.com13 Aug 2025

The private consortium would invest more than Rs 1,200 crore over the next five years to launch a constellation of 12 state-of-the-art Earth Observation satellites equipped with panchromatic, multispectral, hyperspectral, and microwave SAR (synthetic aperture radar) sensors.

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."

Kolhapur: Thousands march to bring back Mahadevi from Vantara

Kolhapur: Thousands march to bring back Mahadevi from Vantara

Rediff.com3 Aug 2025

Thousands of people participated in a 'silent march' in Kolhapur on Sunday, demanding that 36-year-old female elephant Mahadevi (also called Madhuri), be brought back from Vantara wildlife rescue, treatment, and rehabilitation centre in Gujarat's Jamnagar district.