SBI classifies Reliance Communications, promoter Anil Ambani as ‘fraud’, CBI grievance in course of

State Financial institution of India has categorized Reliance Communications together with promoter director Anil D Ambani as ‘fraud’ and can be within the means of lodging grievance with CBI, Parliament was knowledgeable on Monday. The entities have been categorized as fraud on June 13, 2025 in accordance with the RBI’s Grasp Instructions on Fraud Danger … Read more

Supreme Courtroom to look at service tax on Reliance constitution flights for executives

New Delhi: The Supreme Courtroom on Tuesday agreed to listen to a plea by the tax division searching for to impose larger service tax on constitution flight providers utilized by Reliance Industries executives by its subsidiary, Reliance Business Sellers Ltd (RCDL). RCDL operates constitution flights for RIL’s nominees, transporting passengers on demand based mostly on … Read more

Reliance Energy, Reliance Infra raids: Anil Ambani-owned corporations say ‘motion by ED concluded’ — Full assertion

Former Managing Director and Chairman of the Reliance Group of Corporations, Anil Ambani-owned listed companies Reliance Energy and Reliance Infrastructure, on Sunday, 27 July 2025, knowledgeable the inventory exchanges that the motion by the Enforcement Directorate (ED) has now concluded. “The motion by ED has concluded in any respect places. The corporate and all its … Read more

Anil Ambani’s Reliance Group breaks silence on ED raids, says ‘transactions involving Sure Financial institution…’

Anil Ambani’s Reliance Group issued an official clarification relating to the allegations which has appeared in current media reviews and the actions initiated by India’s Enforcement Directorate (ED) on Thursday, 24 July 2025. “Reliance Group needs to make clear sure current media reviews regarding the actions initiated by an enforcement company. These reviews seem to … Read more

Reliance Jio Q1 results 5G home broadbarnd Arpu growth

Reliance Jio reported a surge in average revenue per user for the April-June quarter, boosted by strong subscriber growth across mobile and home broadband and increased data consumption on the network. Jio Platforms Ltd, which houses Reliance Industries Ltd’s telecom and digital services business, reported a 1.2% sequential growth in consolidated net profit to ₹7,110 crore … Read more

Reliance Retail Acquires Home Appliances Brand Kelvinator

Reliance Retail Ltd on Friday announced the acquisition of the home appliances brand Kelvinator for India from the Swedish manufacturer Electrolux AB after holding manufacturing and distribution rights for the brand since 2019. This takeover strengthens Reliance Retail’s presence in the consumer electronics market, wherein it already operates the well-known chain of electronics stores, Reliance … Read more

Avendus-Hurun U30 India: Mumbai leads among cities with featured millionaires, Anant Ambani on list

Avendus Wealth – Hurun India have released their U30 List for 2025, which recognises 79 young leaders in India, aged 30 and below, “who are redefining the future of Indian enterprise”, according to the report. The list curates two catgories of leaders — visonary first-generation founders valued at $25 million or more, and dynamic next-generation … Read more

Anil Ambani’s Reliance Infra sets eyes on global aerospace with a ₹10,000-cr purse and India’s first commercial aircraft

Anil Ambani’s Reliance Infra sets eyes on global aerospace with a ₹10,000-cr purse and India’s first commercial aircraft ₹10,000-crore bet on aerospace and global tie-ups. It’s also aiming to get India’s first homegrown commercial jet flying by 2028.”/> Source link

Even 190% Tariffs Can’t Shake US Shoemaker’s Reliance on China

When an $80,000 tariff bill landed on her desk in May, Haley Pavone did what many small business owners might do: she froze hiring and added an online checkout fee to help cover the cost. Pavone, founder of California-based Pashion Footwear, which imports shoes from China, hasn’t moved production out of the country. Not because … Read more