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At the India AI Impact Summit 2026, Reliance Industries Chairman Mukesh Ambani described AI as a transformative force beyond mere technology, likening it to the mythical Akshay Patra that provided infinite food. He highlighted AI’s potential to boost knowledge, efficiency, and productivity for all
Reliance and Adani executives are aggressively recruiting top young engineers at the ongoing India AI Impact Summit, turning the event into a massive talent hunt amid booming AI investments in India. With global leaders like Sundar Pichai and Sam Altman speaking, qualified candidates are showcasing GitHub projects for high-growth roles in a still-niche but exploding sector.
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After a pause, Reliance industries may resume importing 150,000 bpd of sanctions-compliant Russian oil in February, diversifying supply through non-sanctioned sellers to maintain its refining operations.
Reliance Industries has temporarily halted plans to manufacture lithium-ion battery cells in India due to inability to secure key technology from Chinese supplier Xiamen Hithium Energy Storage. Beijing’s restrictions on overseas tech transfers stalled the licensing deal, forcing Reliance to shift focus to battery energy storage systems (BESS) assembly for its renewable projects.
Reliance Jio Platforms intends to launch a major IPO, offering about 2.5 percent of its shares to raise over USD 4 billion, supported by artificial intelligence initiatives and a robust market. The move could position India for its largest-ever public offering, pending regulatory approval and final pricing.
Reliance Consumer Products Limited (RCPL), the FMCG division of Reliance Industries, has roped in legendary actor Amitabh Bachchan as brand ambassador for its affordable packaged water brand Campa Sure on a one-year deal. Priced 20-30% lower than competitors like Bisleri, Kinley, and Aquafina, Campa Sure targets mass market appeal. This marks RCPL’s third celebrity endorsement recently, following
Indian energy giants Reliance Industries and ONGC are poised for major gains from potential US-driven reforms in Venezuela’s oil sector. Reliance could resume sourcing low-cost heavy crude for its Jamnagar refinery, boosting margins amid high valuations, after a 2012 deal halted by 2019 sanctions. Meanwhile, ONGC eyes recovery of over $500 million in unpaid dividends from San Cristobal and revival
Reliance Industries secured a previously unreported one-month US waiver to continue importing Russian oil from sanctioned Rosneft, receiving around 15 cargoes since November 22, 2025 per Kpler data. Under long-term deal supplying 500,000 bpd to world’s largest refining complex, transactions comply with wind-down rules post-October sanctions deadline. EU’s January 21 restriction on Russian oil-proc
