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Govt targets solar, hydrogen components to cut import dependence
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ET Markets - Industry 15d ago

Govt targets solar, hydrogen components to cut import dependence

India is boosting domestic manufacturing across solar, green hydrogen, and wind energy sectors to curb import reliance. Key focus areas include solar inverters, electrodes, catalysts, bipolar plates, and polysilicon. This strategic move aims to strengthen the supply chain for critical components, addressing current import dependencies and fostering long-term cost competitiveness for India's burgeoning renewable energy industry.

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Banks boost renewable energy credit by 7% in April amid energy security concerns
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ET Markets - Industry 17d ago

Banks boost renewable energy credit by 7% in April amid energy security concerns

Banks are boosting credit to renewable energy projects, with a 7% jump in April, as global conflicts highlight India's reliance on oil. This surge in funding for green energy underscores the nation's commitment to energy transition. Experts note a growing demand for climate finance, urging banks to develop specialized underwriting for sunrise sectors like solar and green hydrogen, which are poised for significant growth.

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MHADA’s 925-acre Mumbai redevelopment pipeline may draw Rs 4 lakh cr investment
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ET Markets - Industry 18d ago

MHADA’s 925-acre Mumbai redevelopment pipeline may draw Rs 4 lakh cr investment

Mumbai's housing redevelopment is set for a massive Rs 4 lakh crore investment, promising 75,000 rehabilitation tenements and 30,000 MHADA units. This large-scale urban renewal, covering 925 acres across 11 projects, aims to transform ageing colonies and densely populated areas. The new Construction & Development Agency model prioritizes residents with transit rent support and maintenance funds, attracting major developers like Adani and Reliance.

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Reliance shares rise 3% as brokerages highlight AI, consumer business, New Energy to drive growth
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LiveMint - Markets 19d ago

Reliance shares rise 3% as brokerages highlight AI, consumer business, New Energy to drive growth

Reliance share price opened at ₹1,324.90 against its previous close of ₹1,309.35 and climbed 2.76% to an intraday high of ₹1,345.45.

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Jio IPO, AI push to aid RIL's next growth leg: S Meena, Swastika Investmart
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Business Standard - Markets 19d ago

Jio IPO, AI push to aid RIL's next growth leg: S Meena, Swastika Investmart

The AGM reinforces Reliance's transition from traditional energy to a tech-energy-retail powerhouse. The Jio IPO is the near-term catalyst for value unlocking

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Reliance Industries shares gain 3% as Jio files DRHP for India’s largest IPO
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ET Markets - Stocks 19d ago

Reliance Industries shares gain 3% as Jio files DRHP for India’s largest IPO

Reliance Industries share price rose 3% after Jio Platforms filed its DRHP for what could be India’s largest IPO. The issue will be entirely a fresh offer, with no OFS component. At the AGM, Mukesh Ambani outlined growth plans across AI, new energy, O2C operations, and retail expansion.

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India needs greater self-reliance, lower dependence on foreign capital, defence, energy and tech: Kotak - Moneycontrol.com
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Google News - India Markets 20d ago

India needs greater self-reliance, lower dependence on foreign capital, defence, energy and tech: Kotak - Moneycontrol.com

India needs greater self-reliance, lower dependence on foreign capital, defence, energy and tech: KotakMoneycontrol.com

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Reliance targets 40 billion units of green power annually; battery gigafactory to commission first phase this year
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ET Markets - Industry 21d ago

Reliance targets 40 billion units of green power annually; battery gigafactory to commission first phase this year

Reliance Industries aims for 40 billion units of green electricity annually, powering its Kutch hub. The company is scaling its battery cell gigafactory to 120 GWh and expects new energy to boost financial performance from 2027. Operational solar PV manufacturing lines are already producing advanced HJT modules, marking a significant step towards a sovereign clean energy ecosystem with no imported fuel or foreign technology.

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Reliance Intelligence To Make AI Dramatically More Affordable In India By 2030: Akash Ambani
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NDTV Profit 21d ago

Reliance Intelligence To Make AI Dramatically More Affordable In India By 2030: Akash Ambani

In this screengrab from a video posted on June 19, 2026, Jio Platforms Managing Director Akash Ambani addresses the 49th Annual General Meeting (post-IPO) of Reliance Industries Limited, in Mumbai, Maharashtra.

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Succession at Reliance nearly complete, Mukesh Ambani, 69, says at shareholders meeting
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LiveMint - Companies 21d ago

Succession at Reliance nearly complete, Mukesh Ambani, 69, says at shareholders meeting

While Akash, Isha and Anant lead individual business verticals, they are simultaneously working towards the holistic growth of everything under the Reliance ecosystem, Mukesh Ambani said at the RIL AGM. 'They are three bodies, one soul. Their soul is Reliance. One single indivisible Reliance.'

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Akash Ambani and team prepare Jio for a historic market debut
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LiveMint - Companies 21d ago

Akash Ambani and team prepare Jio for a historic market debut

The Reliance Group company plans to raise funds through a primary issuance of 270 million equity shares, representing around 2.9% of its post-issue share capital, with proceeds earmarked largely for repayment or prepayment of outstanding borrowings worth ₹27,500 crore.

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Ambani bets on energy 'supercycle' as Reliance expands renewables, chemicals push
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ET Markets - Industry 21d ago

Ambani bets on energy 'supercycle' as Reliance expands renewables, chemicals push

Reliance Industries is spearheading India's energy independence with a massive push into renewables, chemicals, and alternative fuels. Chairman Mukesh Ambani announced ambitious plans for solar, wind, hydrogen, and biogas, aiming to significantly reduce the nation's reliance on imported energy. This integrated strategy, spanning exploration to advanced manufacturing, seeks to bolster India's energy security and drive a cleaner fuel transition, promising substantial job creation.

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