Mumbai: The 46th Annual General Meeting (Post-IPO) of Reliance Industries Limited (RIL) was held today via Video Conferencing. RIL’s Chairman and Managing Director, Shri Mukesh D Ambani, addressed the AGM and made several key announcements, including the appointment of Isha, Akash and Anant Ambani - as members of the RIL board, the plans to venture into the artificial intelligence (AI) space, and the launch date of the much-awaited Jio AirFiber, among others. Here are the top 10 takeawa...Read More

Mumbai: Brookfield Asset Management has signed a Memorandum of Understanding (MoU) with Reliance Industries, a Fortune 500 company and India’s largest private sector enterprise, to explore opportunities to manufacture renewable energy and decarbonization equipment in Australia. The MoU aims to both accelerate and de-risk Australia’s energy transition by enabling it to locally produce clean energy equipment such as PV modules, long duration battery storage and components for wind energy. ...Read More

New York: ‘Tree & Serpent: Early Buddhist Art in India, 200 BCE–400 CE’ opens at The Metropolitan Museum of Art (The Met) on July 21st. The spectacular exhibition, tracing the origins of Buddhist art, was made possible through support from Reliance Industries Limited and Mrs. Nita Ambani, Founder and Chairperson of Reliance Foundation, an Indian philanthropic organization. A longtime, passionate supporter of the museum, Mrs. Nita Ambani was named an Honorary Trustee of The Met in 2019...Read More

Mumbai: Reliance Consumer Products Limited (“RCPL”), the FMCG arm and a wholly owned subsidiary of Reliance Retail Ventures Limited. (“RRVL”), today announced it will acquire 50% equity stake in Gujarat-headquartered Sosyo Hajoori Beverages Private Limited (“SHBPL”), which owns and operates a beverage business under the flagship brand ‘Sosyo’. The existing promoters, Hajoori family, will continue to own the remaining stake in SHBPL. Sosyo is a heritage Indian brand with around...Read More

NBA-Branded Merchandise Includes a Comprehensive Range of Adult and Youth Apparel, Accessories, Back-to-School Supplies and Collectibles   Mumbai: The National Basketball Association (NBA) and Reliance Retail Ltd., India’s largest retailer with more than 15,800 stores nationwide, today announced a multiyear collaboration to launch an extensive range of NBA merchandise in India. As part of the collaboration, Reliance Retail today introduced a wide selection of NBA team and league-b...Read More

Joint Venture Supports “Make in India” initiative for State-of-the-Art Electronics Hardware  Mumbai: Sanmina Corporation (Sanmina) (NASDAQ:  SANM), a leading integrated manufacturing solutions company and Reliance Strategic Business  Ventures Limited (RSBVL), a wholly-owned subsidiary of Reliance Industries Limited (RIL), India’s largest private sector company, today announced they have completed the previously announced joint venture transaction.   This partnership will leverag...Read More

Tirupati: Reliance Industries Chairman Mukesh Ambani on Friday visited and offered prayers to Lord Venkateshwara at Tirumala Tirupati Devastahanam temple in Andhra Pradesh. He was accompanied by his youngest son Anant Ambani's fiancée Radhika Merchant on the visit. Ambani along with his family participated in Abhishekam and Nijapada Darshan Seva on Friday morning. Tirumala Tirupati Devasthanam (TTD) Executive Officer Dharma Reddy welcomed Ambani and made darshan arrangements. ...Read More

Mumbai: MI Cape Town today announced its coaching  team ahead of the inaugural SA20 player auction scheduled on 19th September in Cape Town.  SA20, in its inaugural year, is the premier T20 cricket League in South Africa.  Former Australia batsman Simon Katich will hold the position of head coach, while South  African legend Hashim Amla will join the team as batting coach. Simon comes with extended  experience on the field and is recognized for his straightforward and intelligent approac...Read More

Mumbai: The Mumbai Indians ownership has elevated  Mahela Jayawardene and Zaheer Khan to take on new roles with the aim to build a  global cricket legacy for MI.   With the expansion of MI #OneFamily which now includes MI Emirates and MI Cape  Town along with Mumbai Indians, the team management recognized the need for a  central team. This would ensure consistency across the ‘One family of teams’, on  ethos, values, and learning, that have made MI one of the most loved cricket bran...Read More

Mumbai: Reliance Industries Ltd (“RIL”), has today signed definitive  agreements to acquire a majority stake in SenseHawk Inc (“SenseHawk”) for a total  transaction value of USD 32 million, including funding for future growth, commercial rollout  of products, and R&D.  Founded in 2018, SenseHawk is an early-stage California-based developer of software based management tools for the solar energy generation industry. SenseHawk helps  accelerate solar projects from planning to p...Read More