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The Ambanis said the GST overhaul will not only strengthen consumer confidence but also create opportunities across the retail value chain — from farmers and MSMEs to producers, suppliers, kiranas and end-consumers.
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In Kutch, RIL also plans to build facilities for production of green ammonia, green methanol, and sustainable aviation fuel.
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Mukesh Ambani announced that the group will invest Rs 40,000 crore ($4.7 billion) to create Asia's largest integrated food parks with AI-driven automation and robotics, over the next three years.
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Outlining the group’s 'Value Creation Roadmap', Mukesh Ambani said the focus will be on building new growth engines while strengthening existing businesses to ensure sustained, long-term value creation.
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Production from the company’s Krishna Godavari basin block or KG-D6 block rose 4 percent in fiscal 2024-25 to 28 million metric standard cubic metre per day (MMSCMD) of gas and 21,000 barrels of oil per day (BOPD).
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Reliance AGM 2025 LIVE Updates: Major announcements regarding the IPOs of Reliance Jio and Retail are anticipated as Reliance Industries Ltd. (RIL) hosts its 48th Annual General Meeting on August 29.
The AGM is also likely to include a dividend declaration. Markets will be watching closely as RIL Chairman Mukesh Ambani addresses over 4.4 million shareholders during the key annual event
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However, Reliance expects oil demand to rise despite growing EV penetration, driven by strong economic growth, China stimulus measures and possible easing of geopolitical tensions
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Bandhan Bank, Hindustan Zinc, Indian Overseas Bank, JSW Steel and L&T Finance also announced their June quarter results today.
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Jio was the 'biggest risk' we have taken so far, said Mukesh Ambani, adding that it was own money being invested, and he was the majority shareholder. "Our worst-case scenario was that it might not work out financially," said Ambani,
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‘This is our contribution to saving planet Earth from the looming climate crisis,’ says Reliance Industries Chairman
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Reliance's ambition for deep-tech began with the telecom foray, said Mukesh Ambani, when Jio launched 5G in 2021, building every aspect of the service within the company.
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A London-bound Air India plane carrying 242 passengers and crew crashed into a medical college complex in Ahmedabad and burst into a ball of fire on Thursday moments after takeoff.
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Speaking at the Institute of Chemical Technology in Mumbai during the launch of Prof. Sharma’s biography, Divine Scientist, Ambani announced a grant of ₹151 crore to the institute.
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At the event, Mukesh Ambani announced an unconditional grant of Rs 151 crore to the Institute of Chemical Technology, Mumbai, from where he graduated in the 1970s.
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Reliance Industries Chairman & MD Mukesh Ambani speaks at the Rising Northeast Investors Summit 2025. His remarks come during a pivotal moment for regional investment, development, and national pride. Watch his full address from Bharat Mandapam, Delhi.
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They met at the state dinner that the Emir of Qatar hosted for Trump
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The RIL Chairman also said that “under the bold and decisive leadership of Prime Minister Narendra Modi, the Indian Armed Forces have responded with precision and power."
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Ambani was speaking at the World Audio Visual Entertainment Summit (WAVES), which is being held at the Jio World Centre in Mumbai from May 1 to May 4.
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Highlighting the need for a control center, the report stated that it would be crucial in situations where sudden changes in law and order require the suspension of satellite communication services.
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SpaceX submitted the required details for Starlink and agreed to most key conditions to obtain a Global Mobile Personal Communication by Satellite (GMPCS) license and authorisation approval from IN-SPACe, Moneycontrol previously reported.
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Jefferies reiterated its 'Buy' call on RIL with a target price of Rs 1,600 per share, while Kotak Institutional upgraded the stock to 'Buy', stating that the risk-reward appear favourable now.
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In a clip shared by Harsh Goenka, a former president of Reliance Industries gave an insight into Mukesh Ambani's 'incredible' leadership capabilities. 'Here I was thinking of a drone and he was thinking of satellites,' he said.
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"At the 2018 investment summit, I announced an investment of Rs 5,000 crore. Since then, the investments have crossed Rs 12,000 crore. This amount will quadruple and we will invest Rs 50,000 crore in the next five years," he said.
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The Chairman of Reliance Industries Limited Mukesh Ambani announced a ₹50,000 crore investment in Assam over five years at Advantage Assam 2.0. He highlighted Assam’s potential as a global growth hub and predicted it would become a "technological paradise." Ambani also praised the state's tech-savvy youth, stating they would redefine AI as "Assam Intelligence," driving innovation and development in the region.
