Market News

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.

Jio Platforms IPO: From AI ambitions to broadband expansion, 10 things to know from DRHP

Jio Platforms Ltd filed draft papers for an IPO to raise ₹37,700 crore, marking Reliance Group's first public offering in nearly 20 years. It plans to issue up to 27 crore new shares, representing 2.9% of post-issue equity capital.

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.'

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.

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.

IOCL Solarises commissioned 150 kW Rooftop Solar System at its Guwahati facility

Facing energy security challenges, Indian Oil Corporation Limited (IOCL) has installed a 150-kW rooftop solar system at its Guwahati facility. This initiative aims to enhance operational resilience, reduce reliance on conventional power, and cut costs. The system is projected to save Rs 13.8 lakh annually and offers a quick ROI, bolstering energy reliability in a region prone to grid disruptions and supporting India's clean energy goals.

RIL aims to generate 40 billion units of green energy every year, Anant Ambani says at AGM

Reliance Industries Ltd. (RIL) executive director Anant Ambani, at the 49th AGM, announced a slew of measures the conglomerate is set to take this fiscal onwards, focusing on building the world's first fully soverign clean energy ecosystem.

Reliance AGM: Key facts and numbers about Jio Platforms

Mukesh Ambani's Reliance Jio Platforms is set for a significant Mumbai listing, aiming to raise approximately $3.8 billion. This move could mark India's largest initial public offering. Jio, a major telecom player, is diversifying into AI and cloud services. The company has attracted substantial investment from global giants. This IPO represents a key step in Jio's expansion plans.

Isha Ambani unveils blueprint for ₹1 lakh crore consumer powerhouse by FY30| Reliance Industries AGM

Reliance to turn crude into carbon fibre, green chemicals, other materials in major O2C overhaul

Reliance Industries is set to reinvent its oil-to-chemicals business. The company will convert crude oil into advanced materials and green chemicals. This strategy aims to create new revenue streams and reduce exposure to global energy market volatility. Reliance is committed to ensuring India's energy security by future-proofing its legacy business and building new growth engines.

Reliance commissions solar manufacturing lines; expands fuel retail and EV charging network

Reliance Industries is accelerating its push into new energy and materials businesses, with solar PV and module manufacturing lines now commissioned at Jamnagar, Anant Ambani said at the company's annual general meeting (AGM) on Friday.

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.