Reliance Industries Ltd

At its 48th Annual General Meeting, Reliance Industries (RIL) announced a fresh line of digital products designed to strengthen its ecosystem and push forward its vision of 'AI Everywhere.' Mukesh Ambani said Jio would herald the AI revolution in India, adding that the company's motto was 'AI for everyone, everywhere.' Among the new offerings, Jio introduced its Smart Home and Digital Services portfolio, which includes Jio Smart Home, JioTV+, and Jio TV OS. These solutions aim to make households more connected through seamless automation and digital integration. Akash Ambani unveiled JioPC, a device that can turn any television or screen into a full-featured, AI-ready computer powered by Jio Cloud. The product is designed as a flexible, pay-as-you-use service that removes the need for heavy upfront investment in hardware. He also introduced JioFrames, an AI-powered wearable platform equipped with a multilingual voice assistant. The glasses are positioned as a hands-free companion built for India's diverse needs, enabling users to work, play, and connect in new ways. The announcements underscored Jio's growing ambition to move beyond connectivity into consumer technology and AI-driven solutions, reinforcing its role in shaping India's digital future. Powered by Capital Market - Live

Reliance Jio Platforms will file for its much-awaited Initial Public Offering (IPO) by the first half of 2026, Reliance Industries chairman and managing director Mukesh Ambani announced on Friday at the company's 48th Annual General Meeting (AGM). 'Jio is making all arrangements to file for its IPO. We are aiming to list Jio by the first half of 2026, subject to approvals,' Ambani said, adding that the listing will showcase Jio's ability to create value comparable to global peers. The announcement comes as Jio marks its 10th anniversary with a subscriber base exceeding 500 million customers. Ambani also set out five priorities for Jio's next growth phase'connecting every Indian through mobile and broadband, equipping homes with digital services, digitising businesses with secure platforms, leading an 'AI Everywhere for Everyone' push, and expanding operations overseas. Powered by Capital Market - Live

Reliance Industries Ltd (RIL) has expanded its partnership with Google Cloud to set up a dedicated AI cloud region in Jamnagar. The facility, designed and powered by Reliance, will meet Google Cloud's global service standards to handle advanced AI workloads. It will support Reliance's retail ecosystem and provide AI-first services to enterprises, SMBs, startups, developers, and public sector organizations. Google Cloud will deploy its AI hypercomputer and integrated AI stack, including generative AI models and development platforms. Reliance Jio will provide fiber connectivity linking Jamnagar with Mumbai and Delhi. The data center will run on Reliance's green energy, ensuring sustainable operations. The partnership builds on a decade of joint work by Reliance and Google to expand India's digital access and will now extend into enterprise-grade AI infrastructure. Mukesh D. Ambani, chairman & managing director, Reliance Industries, said: This partnership with Google Cloud marks a new chapter in India's technology journey. By bringing Google Cloud's AI capabilities to Jamnagar, supported by Reliance's infrastructure, renewable energy, and nationwide network, we are laying the foundation for India to become a global leader in AI. Just as Jio and Google came together to democratize the internet for every Indian, we will now democratize intelligence for every Indian.Powered by Capital Market - Live

The board of Reliance Industries Ltd (RIL) on Friday approved the incorporation of a wholly owned subsidiary, Reliance Intelligence, with an initial paid-up capital of Rs 1 crore (10 lakh equity shares of Rs 10 each). The new entity will focus on setting up, acquiring, holding, and investing in ventures related to artificial intelligence. RIL also announced a joint venture with Meta Platforms, Inc., under which a new company (JVCo) will be formed with RIL holding 70% and Meta 30% of shares. Both companies have committed an initial investment of around Rs 855 crore (approximately US$ 100 million). JVCo will develop, market, and distribute Enterprise AI Services. The transaction, which is not a related party deal, is subject to regulatory and customary approvals and is expected to close in the fourth quarter of 2025. The announcement was made by chairman Mukesh Ambani at RIL's AGM shortly after the board meeting. Powered by Capital Market - Live

The Nifty September 2025 futures closed at 24,577.30, a premium of 150.45 points compared with the Nifty's closing at 24,426.85 in the cash market. In the cash market, the Nifty 50 index lost 74.05 points or 0.30% to 24,426.85. The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, slipped 3.49% to 11.75. Reliance Industries, Infosys and RBL Bank were the top-traded individual stock futures contracts in the F&O segment of the NSE. The September 2025 F&O contracts will expire on 30 September 2025. Powered by Capital Market - Live

Reliance Industries announced a joint venture that will build and scale enterprise artificial‑intelligence (AI) solutions for enterprises in India and select international markets. Under the JV agreement, RIL and Meta have jointly committed to an initial investment of ~Rs 855 crore (~US$ 100 million) to capitalize the JV in ratio of 70% and 30% respectively. Powered by Meta's advanced open‑source Llama models, the JV will offer: Enterprise AI Platform‑as‑a‑Service: A secure, full‑stack environment for organisations to customise, deploy and govern generative‑AI models for specific use cases across sales and marketing, information technology development and operations, customer service, finance, and a wide range of other enterprise workflows; and A suite of pre‑configured AI solutions designed to address both cross‑functional and industry‑specific use cases This partnership combines Meta's open‑source Llama models with RIL's digital backbone to deliver enterprise‑grade AI at affordable price points for Indian enterprises and SMBs. The JV will be able to deploy AI solutions at-scale given 'Enterprise Grade' readiness of Llama - which has been proven across several production environments. More importantly, the JV will be able to scale high-performance models at a fraction of the cost given Llama's lower total cost of ownership. The JV will also have greater flexibility to deploy over cloud, on-premises, and across its own infrastructure. This will allow the JV to proactively manage infrastructure costs. The closing of the transaction is subject to customary regulatory approvals and is expected to close in the fourth quarter of 2025.Powered by Capital Market - Live

The Nifty September 2025 futures closed at 24,668.40, a premium of 167.50 points compared with the Nifty's closing at 24,500.90 in the cash market. In the cash market, the Nifty 50 index tumbled 211.15 points or 0.85% to 24,500.90. The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, shed 0.12% to 12.18. Reliance Industries, HDFC Bank and InterGlobe Aviation were the top-traded individual stock futures contracts in the F&O segment of the NSE. The September 2025 F&O contracts will expire on 30 September 2025. Powered by Capital Market - Live

The Nifty August 2025 futures closed at 24,724.10, a premium of 12.05 points compared with the Nifty's closing at 24,712.05 in the cash market. In the cash market, the Nifty 50 index tumbled 255.70 points or 1.02% to 24,712.05. The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, rallied 3.69% to 12.19. Reliance Industries, Tata Consultancy Services and HDFC Bank were the top-traded individual stock futures contracts in the F&O segment of the NSE. The August 2025 F&O contracts will expire on 28 August 2025. Powered by Capital Market - Live

Reliance Consumer Products (RCPL), the FMCG arm of Reliance Industries (RIL), has forayed into the fast-growing healthy functional beverage space with the acquisition of majority stake in a Joint Venture with Naturedge Beverages. Through this JV, RCPL is focused on offering consumers a range of herbal-natural beverages, thus further enhancing its presence as a Total Beverage Company. The healthy functional beverage space presents a large and rapidly expanding opportunity, driven by a strong consumer shift toward healthier, natural alternatives. Founded in 2018 by Siddhesh Sharma, a third-generation entrepreneur from one of India's most trusted manufacturers of Ayurvedic products - the Baidyanath Group, Naturedge Beverages has since focused on solutions that seamlessly infuse the benefits of Indian Ayurveda and contemporary beverage choices. Its flagship offering 'Shunya' is herb infused functional packaged beverage with zero-sugar & zero calories that has already gained the attention of the consumers across India. Shunya is packed with the goodness of Indian super herbs like Ashwagandha, Brahmi, Khus, Kokum and Green Tea, that provides for that extra boost to help consumers stay ahead. RCPL is on a mission to transform the beverages experience for Indian since its inception 2022. Apart from rapidly expanding its portfolio through key acquisitions like Campa, launch of Campa Energy and Raskik beverages, the addition of Shunya in RCPL's portfolio of brands further reaffirms its commitment to offering consumers a total beverage portfolio. This partnership would enable RCPL to expand the beverages portfolio by adding healthy product offerings, including Energy drinks, Stills, Energy Shots, Herb-infused water, among others. Powered by Capital Market - Live

Reliance Industries announced that the 48th Annual General Meeting(AGM) of the company will be held on 29 August 2025.Powered by Capital Market - Live