News for 'reliance'

SBI@70: Who Says The Elephant Can't Dance?

SBI@70: Who Says The Elephant Can't Dance?

Rediff.com7 Jul 2025

While a giant, it's a nimble-footed one, and is growing at a speed that even some of its private sector peers find enviable.
Between FY18 and FY24, it doubled its balance sheet. Despite being a late entrant in some segments, it has been able to grab market share, observes Tamal Bandyopadhyay.

Iran-Israel war: India ramps up oil imports from Russia, US in June

Iran-Israel war: India ramps up oil imports from Russia, US in June

Rediff.com22 Jun 2025

Indian refiners are likely to import 2-2.2 million barrels per day of Russian crude oil in June - the highest in the last two years and more than the total volumes bought from Iraq, Saudi Arabia, the UAE and Kuwait, preliminary data by global trade analytics firm Kpler showed.

How AI Will Disrupt The Job Market: Should India Worry?

How AI Will Disrupt The Job Market: Should India Worry?

Rediff.com25 Jun 2025

Despite the alarming figures on job displacement, AI is expected to generate millions of new roles, echoing historical trends of technological transformation.

India well-positioned to deal with negative effects of US tariffs: Moody's

India well-positioned to deal with negative effects of US tariffs: Moody's

Rediff.com21 May 2025

India is well-positioned to deal with the negative effects of US tariffs and global trade disruptions as domestic growth drivers and low dependence on exports anchor the economy, Moody's Ratings said on Wednesday.

10 Investment Options Better Than FDs

10 Investment Options Better Than FDs

Rediff.com1 Jul 2025

The fear of losing purchasing power due to inflation and low-interest rates has led many to explore safe alternatives to fixed deposits with high returns

Amazon to invest Rs 2,000 cr in India to expand logistics, improve safety

Amazon to invest Rs 2,000 cr in India to expand logistics, improve safety

Rediff.com20 Jun 2025

Amazon will invest more than Rs 2,000 crore (about $233 million) in India in 2025 as it strengthens its logistics and safety standards, said the ecommerce company on Thursday.

'Weaponising Water Poses Serious Risks For India'

'Weaponising Water Poses Serious Risks For India'

Rediff.com5 May 2025

'Militarily, it risks escalating tensions with Pakistan, potentially triggering conflict due to Pakistan's heavy reliance on the Indus.'

Reliance net profit drops 5% in Q1 on weak O2C business

Reliance net profit drops 5% in Q1 on weak O2C business

Rediff.com19 Jul 2024

Reliance Industries Ltd, India's most valuable company, on Friday reported a 5 per cent drop in its June quarter net profit as lower fuel cracks and petrochemical margins outdid gains in telecom and retail businesses. The oil-to-retail-to-telecom conglomerate's consolidated net profit was at Rs 15,138 crore, or Rs 22.37 per share, in April-June -- the first quarter of the current 2023-24 fiscal year -- compared to Rs 16,011 crore, or Rs 23.66 a share, earnings a year back, according to a company's statement.

When Guru Dutt Demolished His House...

When Guru Dutt Demolished His House...

Rediff.com9 Jul 2025

'The pain of not having a home is bearable, but the pain of having one -- and not finding peace in it -- is far worse.'

Airtel keen to tie up with Jio, VIL to fight fraud

Airtel keen to tie up with Jio, VIL to fight fraud

Rediff.com25 May 2025

Airtel has informed the government and regulator Trai that it has approached Reliance Jio and Vodafone Idea with a proposal for a joint initiative to unite the industry against rising telecom fraud and scams.

Sensex falls 802 points; Reliance drags

Sensex falls 802 points; Reliance drags

Rediff.com30 Jan 2024

Titan, UltraTech Cement, Bajaj Finserv, Reliance Industries, ITC and NTPC were among the other major laggards. Tata Motors, State Bank of India, Hindustan Unilever, Power Grid, Tech Mahindra and Tata Consultancy Services were the gainers.

Akashteer emerges as key asset in Operation Sindoor

Akashteer emerges as key asset in Operation Sindoor

Rediff.com23 May 2025

India's indigenously developed 'Akashteer' air defense system performed exceedingly well during 'Operation Sindoor,' according to Defence Research and Development Organisation (DRDO) chief Samir V Kamat. The fully automated system, deployed against terror sites in Pakistan and Pakistan-occupied Kashmir, integrates various radar systems, sensors, and communication technologies. Kamat expressed confidence in the system's success drawing international interest, highlighting India's progress toward self-reliance in the defense sector. He also addressed the future of warfare, emphasizing the need for a blend of traditional and emerging technologies, and outlined the development timeline for the indigenous 5.5-generation stealth fighter aircraft, the Advanced Medium Combat Aircraft (AMCA).

Mcap of ten most valued firms jumps Rs 3.84 lakh cr

Mcap of ten most valued firms jumps Rs 3.84 lakh cr

Rediff.com20 Apr 2025

The combined market valuation of the top-ten most valued firms jumped by a whopping Rs 3,84,004.73 crore in the holiday-shortened last week, in-tandem with a smart rally in equities, with HDFC Bank and Bharti Airtel emerging as the biggest gainers. Last week, the BSE benchmark Sensex jumped 3,395.94 points or 4.51 per cent, and the NSE Nifty surged 1,023.1 points or 4.48 per cent.

Sensex, Nifty rebound as Reliance, ITC gain

Sensex, Nifty rebound as Reliance, ITC gain

Rediff.com10 May 2024

From the Sensex basket, Power Grid, NTPC, JSW Steel, Asian Paints, ITC, Bharti Airtel, Hindustan Unilever and Tata Motors were the biggest gainers. On the other hand, Tata Consultancy Services, Kotak Mahindra Bank, Infosys, Wipro, Mahindra & Mahindra and HDFC Bank were among the laggards.

Sensex jumps 1,200 pts, Nifty reclaims 25K after 7 months

Sensex jumps 1,200 pts, Nifty reclaims 25K after 7 months

Rediff.com15 May 2025

HCL Tech, Adani Ports, Eternal, Maruti, Reliance Industries and Asian Paints were among the gainers. HDFC Bank, ICICI Bank, Bharti Airtel and Infosys added to the rally. IndusInd Bank emerged as the only laggard.

Pakistan Upgrading Nukes To Counter India: US

Pakistan Upgrading Nukes To Counter India: US

Rediff.com27 May 2025

The US intelligence assessment highlights Pakistan's near-certain procurement of weapons of mass destruction-applicable goods from foreign suppliers, primarily through Chinese support.

Anant Ambani Rescues Chickens From Slaughter

Anant Ambani Rescues Chickens From Slaughter

Rediff.com1 Apr 2025

A viral video of Anant Ambani saving chickens from getting slaughtered is doing the rounds on the Internet.

A Nuclear Scientist Who Advocated Disarmament

A Nuclear Scientist Who Advocated Disarmament

Rediff.com4 Jun 2025

M R Srinivasan focused on the peaceful use of nuclear power at a time when the popular view among the 'hawks' was that India should build a nuclear arsenal as a deterrent.

'Greats should play till 50'

'Greats should play till 50'

Rediff.com14 May 2025

Yograj, father of former India all-rounder Yuvraj Singh, reflected on the massive void the two icons leave behind.

6 Reasons Why India Lost Leeds Test

6 Reasons Why India Lost Leeds Test

Rediff.com25 Jun 2025

This was India's seventh defeat in their last nine matches as their poor run in Test cricket continues following successive series defeats against New Zealand at home and in Australia.

RIL, Airtel stocks rise after SpaceX deal

RIL, Airtel stocks rise after SpaceX deal

Rediff.com12 Mar 2025

Shares of Reliance Industries as well as Bharti Airtel began the trade on a positive note on Wednesday after the two firms announced their partnerships with Elon Musk's SpaceX for providing high-speed internet services in India. Bharti Airtel stock opened with a gain of 5.49 pc to hit a high of Rs 1,388.25 apiece on the National Stock Exchange (NSE). Soon, it pared all gains and traded 0.77 per cent lower to Rs 1,650.10 per piece.

Markets tumble as India-Pak conflict flares up; Sensex sinks 880 points

Markets tumble as India-Pak conflict flares up; Sensex sinks 880 points

Rediff.com9 May 2025

Stock market benchmark indices Sensex and Nifty tumbled over 1 per cent each on Friday as tensions soared between India and Pakistan, fuelling fears of a wider conflict.

Is Your Alarm Costing You 6 Hrs of Sleep?

Is Your Alarm Costing You 6 Hrs of Sleep?

Rediff.com3 Jun 2025

Here's why the snooze button on your alarm clock costs you precious sleep every month.

Strait of Hormuz closure: How it will impact India

Strait of Hormuz closure: How it will impact India

Rediff.com22 Jun 2025

US strikes on Iran's three main nuclear facilities have once again raised concerns that Tehran might shut down the Strait of Hormuz - one of the world's most critical chokepoints, through which a fifth of global oil and gas supply flows.

Growth worries, competitive pressures weigh on Trent stock performance

Growth worries, competitive pressures weigh on Trent stock performance

Rediff.com15 Apr 2025

The stock of India's largest listed pure play retail major Trent was down 14.76 per cent at close on Monday after a fall in revenue growth for the March quarter of 2024-25 (Q4FY25). The sales growth trajectory has been in a declining trend over the last few quarters, which, coupled with falling operational metrics, higher competitive intensity, and expensive valuations, has seen the stock crack about 44 per cent since its 52-week highs in October last year.

'Don't think Bumrah will be available for all 5 Tests'

'Don't think Bumrah will be available for all 5 Tests'

Rediff.com24 May 2025

"Don't think he'll be available for all 5 Tests...": Ajit Agarkar on Jasprit Bumrah's availability for England series

JioStar to Earn 6,000 Cr from IPL

JioStar to Earn 6,000 Cr from IPL

Rediff.com19 Mar 2025

With 90% of the inventories sold out, JioStar expects to ring in more than a 58% increase over last year's IPL, when it clocked Rs 3,900 crore.

Ambani to invest another Rs 50K cr in Bengal by 2030

Ambani to invest another Rs 50K cr in Bengal by 2030

Rediff.com5 Feb 2025

Reliance Industries chairman Mukesh Ambani on Wednesday announced a fresh investment commitment of Rs 50,000 crore in West Bengal by the end of this decade. Speaking at the Bengal Global Business Summit (BGBS) 2025, Ambani said the investment would generate one lakh jobs in the state.

'India Is In A State Of 'Not War, Not Peace'

'India Is In A State Of 'Not War, Not Peace'

Rediff.com11 Mar 2025

'And this will persist given the two-and-a-half-front threat we face.'

Flipkart CEO Krishnamurthy signals strong growth amid India IPO plans

Flipkart CEO Krishnamurthy signals strong growth amid India IPO plans

Rediff.com27 May 2025

Flipkart Group Chief Executive Kalyan Krishnamurthy on Monday said the firm was advancing preparations for a potential initial public offering (IPO) in India, which included shifting its holding company to India from Singapore. Speaking at an internal town hall, Krishnamurthy said the company's leadership structure is strengthening and that the steps toward relocating Flipkart's legal base to India are progressing as planned, according to people familiar with the matter.

Sensex, Nifty rebound as Reliance, ITC shares rally

Sensex, Nifty rebound as Reliance, ITC shares rally

Rediff.com20 Mar 2024

Benchmark equity indices Sensex and Nifty rebounded on Wednesday, propelled by bargain hunting in index majors Reliance Industries, ITC and SBI amid a largely firm trend in global equities. In a highly volatile trade, the 30-share BSE Sensex rebounded 89.64 points or 0.12 per cent to settle at 72,101.69. During the day, it jumped 390.62 points or 0.54 per cent to 72,402.67.

Unsold Tanush Kotian roped in by Punjab Kings as net bowler

Unsold Tanush Kotian roped in by Punjab Kings as net bowler

Rediff.com25 Apr 2025

Kotian, who played a vital role in Mumbai's Syed Mushtaq Ali triumph this season, has been a consistent performer on the domestic circuit.

Sensex climbs over 250 pts on buying in Reliance, M&M

Sensex climbs over 250 pts on buying in Reliance, M&M

Rediff.com17 May 2024

M&M was the biggest gainer on the Sensex chart, rising 5.97 per cent, followed by JSW Steel, Ultra Cement, Kotak Bank, ITC and NTPC. Reliance Industries gained 0.73 per cent to close at Rs 2,871 apiece. In contrast, TCS, HCL Tech, HUL, Nestle Industries, Bajaj Finserv, Wipro and Infosys were among the losers.

Four generations of Ambanis take a dip at Maha Kumbh

Four generations of Ambanis take a dip at Maha Kumbh

Rediff.com11 Feb 2025

Reliance Industries Chairman Mukesh Ambani and his family participated in the Maha Kumbh on Tuesday, taking a dip in the Sangam and attending a yagya at Parmarth Triveni Pushp in Arail. The family, including Ambani's mother, sons, daughters-in-law, grandchildren, and siblings, were accompanied by Ambani's mother-in-law and sister-in-law. They joined millions at the spiritual pilgrimage at the confluence of the sacred waters of Ganga, Yamuna, and mythical Saraswati. The family also prayed for "global peace and welfare" at the Vishwa Shanti Yagya.

What Is Mukeshbhai Praying For?

What Is Mukeshbhai Praying For?

Rediff.com27 Feb 2025

Reliance Industries Chairman Mukesh Ambani worshipped at the Kamakhya temple in Guwahati on Tuesday, February 25, 2025.

Sensex, Nifty join global selloff on trade war fears

Sensex, Nifty join global selloff on trade war fears

Rediff.com4 Apr 2025

Tata Steel was the biggest loser in the Sensex pack, sliding 8.59 per cent, followed by Tata Motors, Larsen & Toubro, Adani Ports, IndusInd Bank, Tech Mahindra, Reliance Industries, Sun Pharmaceutical, HCL Technologies, Tata Consultancy Services, Infosys, and NTPC, were the major laggards. On the other hand, Bajaj Finance, HDFC Bank, Nestle India, ICICI Bank, ITC, Asian Paints and Axis Bank were among the gainers.

Future of Reliance belongs to Akash, Isha, Anant, and...: Ambani

Future of Reliance belongs to Akash, Isha, Anant, and...: Ambani

Rediff.com28 Dec 2023

Having created businesses ranging from world's largest single-location oil refining complex to nation's largest mobile network operators in just few years, billionaire Mukesh Ambani says his group Reliance Industries Ltd will never be complacent and will grow to be among the top 10 business conglomerates of the world. Addressing employees on Reliance Family Day - the birthday of the group's founder Dhirubhai Ambani, he said Reliance is now aiming to consolidate a place among global leaders in digital data platforms and AI adoption. "Today, the domestic and global environments for business are changing very fast.

Titans In Turmoil: Major Concerns Ahead Of Playoffs

Titans In Turmoil: Major Concerns Ahead Of Playoffs

Rediff.com26 May 2025

Was it complacency or a case of easing off after securing qualification?

Fleming drops big hint on CSK's rebuilding process

Fleming drops big hint on CSK's rebuilding process

Rediff.com19 May 2025

I am a fan of experience, experience wins tournaments: Fleming

UP traders to boycott Turkish imports over Pak support

UP traders to boycott Turkish imports over Pak support

Rediff.com14 May 2025

India imports goods worth over Rs 1,200 crore from Turkey annually, including a significant share of fruits like apples.