Reliance News

Rafale contract went to Reliance, which doesn’t even know how to make paper planes: Sharad Pawar

Sharad Pawar said the Rafale deal was struck by the UPA government for Rs 350 crore. “In 2015, its price was Rs 750 crore. Now, how come it has gone up to Rs 1,660 crore,” he asked.

Mukesh Ambani may reap rewards from Anil's telecom woes

In a last-minute rescue Monday, Mukesh stepped in to help younger brother Anil pay $80 million in dues to a local unit of Ericsson AB and avert a three-month jail sentence. On the same day, his Reliance Jio Infocomm Ltd. and Anil’s RCom terminated a 2017 deal that had helped the latter stave off bankruptcy.


Saudi Aramco in talks with Reliance for joint investment in petrochemical, refinery projects

Saudi Aramco, the world's biggest oil company, and its partner Abu Dabhi National Oil Co (ADNOC) have picked up 50 per cent stake in a planned USD 44-billion refinery in Maharashtra but the project is facing problems in acquiring land due to protests from local politicians.

Reliance ADA group stocks plummet

Reliance Communications has decided to opt for insolvency following failure to sell assets to pay lenders.

RIL profit rises to Rs 10,251 cr on petrochem, Jio biz growth

RIL’s telecom unit Reliance Jio notched up a fifth consecutive profitable quarter with the net profit rising 64.88 per cent at Rs 831 crore as against Rs 504 crore a year ago.

SC orders Centre to grant NoC to RCom

Reliance Realty, a unit of RCom, has furnished redeemable preferential shares worth Rs 1,000 crore as corporate guarantee towards outstanding spectrum usage charges of Rs 2,940 crore, as sought by DoT.


CEO of Dassault counters Rahul: I don’t lie... new Rafale 9% cheaper

Dassault Aviation CEO Eric Trappier Tuesday reiterated that his company had chosen Reliance as an offset partner, and denied allegations of corruption in the Rafale jet deal with India saying it was a "clean deal".

Reliance naval launches 3500-tonne training ship ICGS Varuna for Indian coast guard

The 105-meter long vessel having an ability to carry 242 personnel is capable of operating a twin-engine helicopter for long-range operations while undertaking maritime reconnaissance.

The $41 bn wealth gap that divides India's richest brothers

The tale of the two brothers’ diverging fortunes began 16 years ago, when their rags-to-riches father Dhirubhai Ambani, whose life inspired a Bollywood film, died of a stroke without leaving a will.

Versova-Bandra Sea Link project: MSRDC signs pact with Reliance-Astaldi

The total length of the sea link is 9.6 kilometre, which will include connectors, and will in total measure 17.17 km. The sea link will be connected at Bandra, Carter Road, Juhu Koliwada and Nana Nani Park.

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Reliance Jio 4G-ready SIM: Here is how you can get hold of one

Reliance Jio has expanded its 4G service beyond its employees with the employee referral programme. Here is how to get hold of RJio SIM card

Reliance LYF Wind 6, Earth 1, Water 2 and more: All you need to know about LYF devices

Reliance Jio’s LFY brand has launched a slew 4G-enabled smartphones starting at Rs 6,490. Here is all you need to know about the LYF devices.


Reliance Jio Earth 1, LYF Water 1, LYF Water 2 spotted online: Key specs, price and more

Reliance Jio’s LYF Earth 1, LYF Water 1 and LYF Water 2 smartphones are priced the phones between Rs 14,690 and Rs 23,990.

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What the Jio institute is expected to earn in its first year: News in Numbers

Reliance’s Jio institute, recently declared an ‘Institute of Eminence,’ puts it at par with the likes of IIT-Delhi, IIT-Bombay, IISc and BITS . Here's a look at its earnings projection in today's News in Numbers. See more:


Reliance Defence to set up shipyard in Visakhapatnam

Mumbai, Jan 11 (ANI): Reliance Defence has signed an accord with Andhra Pradesh Government to set up a naval facility along the country’s coast with an initial investment of Rs.50 billion. Reliance Defence, a unit of billionaire Anil Ambani’s Reliance Infrastructure, plans to build submarines and aircraft carriers as well as to provide services including maintenance and refitting of ships at the facility. Reliance Chairman Ambani cited estimates saying the Indian navy could spend nearly 200 billion rupees annually over the next 15 years on acquisitions and fleet modernisation of submarines and aircraft carriers.