Market News
Stay updated with the latest market trends, earnings, and economic indicators.
CBI Arrests Former CEOs Of RCFL, RHFL In Rs 7,623 Crore Bank Fraud
The CBI has registered seven FIRs against RCom, RHFL, RCFL and RTL based on complaints received from various PSBs.
Reliance AGM: From Satellite broadband to AI infrastructure - Jio’s five-point growth agenda
Reliance Jio is focusing on AI, satellite communications, and digital infrastructure for growth. Chairman Akash Ambani announced plans for an IPO and a shift to 5G by 2030, along with investments in AI and a satellite broadband ecosystem for underserved regions.
Reliance Jio Telecom Business: Ambanis bet on 5G, AI and broadband in five-point blueprint for Jio's next chapter
Reliance Jio remains India's telecom leader with aggressive 5G expansion, growing subscriber numbers, and new digital services featured prominently at the AGM. Reliance Jio announced five strategic growth commitments, including expanding 5G adoption and broadband access, as its subscriber base surpassed 524 million. The company is also venturing into satellite communications with a proposed LEO constellation and is preparing for a potential $4 billion IPO, solidifying its position as India's largest telecom operator.
Bharti Airtel's Rahul Vatts named COAI Chairperson for 2026-27
Rahul Vatts of Bharti Airtel will lead COAI as Chairperson for 2026-27. Ravi Gandhi of Reliance Jio will be Vice-Chairperson. The announcement came after COAI's Annual General Body Meeting. The telecom industry body reviewed sector developments and discussed future priorities. This leadership change marks a new phase for strengthening India's digital communications ecosystem.
CBI Arrests RCom's Former Group MD Amitabh Jhunjhunwala In SBI Loan Fraud Case
The CBI has also registered six more FIRs against RCom, Reliance Home Finance Ltd, Reliance Commercial Finance Limited and RTL based on the complaints.
CBI Files First Chargesheet In Anil Ambani-Linked Reliance Communications Loan Fraud Case
CBI files first chargesheet in alleged Anil Ambani-linked Reliance ADA Group case.
'Maybe he was cheated': Anil Ambani's lawyers respond as SC hears ₹27,300 crore bank fraud probe
The Supreme Court heard the Reliance Communications case as CBI alleged ₹27,300 crore fund diversion, while Anil Ambani’s lawyers questioned the investigation and attachments.
Reliance Industries shares in focus as Mukesh Ambani eyes satellite foray to take on Starlink
Reliance Industries is evaluating a multi-billion-dollar entry into satellite communications, focusing on low Earth orbit networks under Jio Platforms. The initiative aims to strengthen India’s strategic capabilities amid rising global competition, with discussions underway on technology partnerships, orbital slots and potential acquisitions as the company explores long-term opportunities in future.
Reliance eyes billions in LEO satellites to build India's answer to Starlink
Reliance Industries is set to make a significant entry into satellite communications. The company plans a multi-billion dollar investment in the low earth orbit segment. This move positions Reliance against global players like Starlink and Amazon Leo. Six teams are working on various project aspects. The initiative aligns with India's goal for a domestic satcom presence.
Penny stock under Re 1 Reliance Communications hits 5% upper circuit after this update
RCom's stock rose 5% to ₹0.90, reflecting a four-day gain of 18.42%. The stock witnessed a massive correction in 2008, declining 69.56% during the year, and the downward trend has continued to date, with it slipping to ₹0.75 earlier this year.