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Reliance AGM: Reliance Retail bets on AI and consumer intelligence to power next phase of growth
Reliance Retail reported strong growth in FY26, driven by quick commerce, grocery network expansion, and rising consumer demand in fashion and electronics. The company plans to leverage AI and consumer insights for future growth, aiming for ₹1 lakh crore revenue by FY30.
RIL AGM Highlights: Five drivers for future growth
Reliance is transforming into a deep-tech and advanced manufacturing leader, highlighting five verticals within the company as those with potential for exponential value creation, Chairman Mukesh Ambani said in speech at the latest annual general meeting. These five are: Jio, AI, Retail, FMCG and New Energy.
Reliance Jio set to file IPO DRHP with SEBI today, Chairman Mukesh Ambani says at AGM
Reliance Industries' Chairman & Managing Director Mukesh Ambani said that the proposed listing of Jio will demonstrate to the world that India can build technology companies of global scale, global capabilities and global value. "I assure you, and all prospective new investors, that a brighter future awaits Jio," he added.
GenAI could deliver up to 50% higher sales velocity and faster launches for India’s real estate sector
Generative AI promises to revolutionize Indian real estate, boosting sales velocity by up to 50% and slashing project launch times by 30%. Experts predict significant cost reductions and a 2-3X increase in enterprise value. Early adopters can expect improved productivity and lower customer acquisition costs, making AI adoption a strategic imperative for future growth.
Tulip group to invest Rs 6,000 crore in future expansion
Tulip Group is set to invest Rs 6,000 crore in Gurugram's residential projects, including the 495-foot-tall Tulip Melrose on Southern Peripheral Road (SPR). This significant investment underscores SPR's emergence as a prime luxury destination, driven by infrastructure upgrades and growing commercial hubs.
NSE IPO could attract billions in foreign inflows to India: Former MCX CEO
Former MCX chief Mrugank Paranjape said the NSE IPO could attract long-term capital from sovereign funds and other global investors, while unlocking capital held by institutions such as SBI and LIC for future investments.
Natural gas prices rebound as inventories tighten, LNG exports rise: Motilal Oswal
Natural gas prices are climbing back up. This recovery is driven by lower stored gas, increased power sector use, and more US liquefied natural gas exports. Future growth is expected as new export facilities come online. Data centers are also becoming a new source of demand. The market is seeing a significant shift.
Tata Motors PV shares plunge 10% after weaker than expected JLR FY27 guidance
Tata Motors Passenger Vehicles shares dropped significantly. This followed Jaguar Land Rover's investor day where its financial outlook for fiscal year 2027 was revealed. Profitability guidance fell short of analyst expectations. JLR projects revenue growth and improved EBIT margins. North America remains a key focus for future growth. The company plans to invest in new segments and high-potential markets.
JLR plans double digit revenue growth with refocus on North America market
Reiterates existing five-year commitment to invest 18bn in future technologies
All eyes on Kevin Warsh: Will the new US Fed Chair set the tone for rate cuts?
The Federal Reserve, under new Chair Kevin Warsh, starts a two-day meeting on June 16, likely keeping rates unchanged. Investors are focused on inflation and growth outlooks, with mixed economic data and easing oil supply concerns potentially influencing future policy decisions.
India may take a leaf from China's book for oil pool
India may adopt a China-like strategy for its oil reserves. Refiners could be required to hold significantly more crude oil. This move aims to protect the nation from future supply shocks. The proposal is in its early stages. Refiners might face substantial costs for storage and oil purchases. This policy could bolster India's energy security.
Public-private projects key to expand access to Kidney care: NephroPlus
NephroPlus, India's leading provider of dialysis services, is on a mission to reshape the future of kidney health with an innovative tech-based platform aimed at preventing chronic kidney disease. As it scales up its network of dialysis centers both domestically and in global markets, this forward-thinking initiative seeks to combat the advancement of kidney ailments.