Recent events
Recent events tied to this brand in public sources.
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2026
Jio Platforms sets price band for up to $3.2 billion IPO
Reliance Industries said in a stock exchange filing on October 14, 2026 that Jio Platforms had set a price band of ₹1,065 to ₹1,119 (about $11.19 to $11.76) per share for an offering of up to 270 million new shares, seeking to raise as much as $3.2 billion in what could be India's biggest IPO. Subscription is set to open on October 21 and close on October 23, with anchor-investor bidding scheduled for October 19; at the upper end of the band Jio would be valued at about ₹10.3 trillion (around $108.3 billion). Jio plans to use up to ₹275 billion ($2.9 billion) of proceeds to repay debt at its telecom subsidiary Reliance Jio Infocomm, with the remainder for general corporate purposes.
2026
Reliance Industries emerges as biggest buyer of Venezuelan crude outside the U.S.
Mukesh Ambani's Reliance Industries has emerged as the biggest buyer of Venezuelan crude outside the United States. According to Kpler data, India imported 257,000 barrels per day of Venezuelan crude in September, of which 76% went to Reliance Industries, whose Jamnagar complex has been the main destination for these barrels; for October, 350,000 barrels per day of Venezuelan crude are bound for India, and Reliance is expected to remain the primary buyer.
2022
Reliance and Sanmina agree to form Indian manufacturing joint venture
Reliance Strategic Business Ventures Limited, a wholly owned subsidiary of Reliance Industries, and Sanmina agreed to create a joint venture through investment in Sanmina’s existing Indian entity. RSBVL is to hold a 50.1% stake and Sanmina the remaining 49.9%.
2022
Reliance completes acquisition of 40% stake in Sterling & Wilson Renewable Energy
Reliance Industries said its subsidiary Reliance New Energy completed the acquisition of a 40% stake in Sterling & Wilson Renewable Energy, including a purchase of shares on Wednesday.
2021
Reliance announces purchase of 40% stake in Sterling & Wilson Solar
Reliance announced a multi-stage transaction to purchase a 40% stake in Sterling & Wilson Solar for about Rs 2,845 crore. The transaction was to include a preferential allotment, a secondary purchase and an open offer.
2021
Reliance New Energy Solar acquires REC Solar
Reliance New Energy Solar, a wholly owned subsidiary of Reliance Industries, acquired 100% of REC Solar Holdings from China National Bluestar for an enterprise value of $771 million.
2021
Reliance announces Saudi Aramco chairman's board appointment
Reliance Industries told shareholders that Saudi Aramco Chairman Yasir Al-Rumayyan would join Reliance's board.
2021
Reliance subsidiary completes acquisition of Stoke Park
Reliance Industrial Investments and Holdings Ltd, a wholly owned subsidiary of Reliance Industries Limited, acquired the entire issued share capital of Stoke Park Limited for £57 million on April 22, 2021.
2021
Reliance, Google and Facebook partner to seek an NUE license
Reliance Industries partnered with Google and Facebook to seek a license to set up a New Umbrella Entity for retail payments in India, according to a report cited by the source.
2021
Indian court overturns order barring Reliance's acquisition of Future Retail
An Indian court overturned an order barring Reliance Industries from acquiring Future Retail. The article reports that the ruling was not yet final.
2021
RIL agrees to sell Pennsylvania shale gas assets
Reliance Marcellus, an arm of Reliance Industries, said it had signed an agreement to sell shale gas assets in southwestern Pennsylvania to Northern Oil and Gas for $250 million; closing was expected in April 2021, subject to customary conditions.
2021
Reliance sells Marcellus shale assets
Reliance Marcellus agreed to sell its entire stake in certain upstream assets in Pennsylvania's Marcellus shale play to Northern Oil and Gas for $250 million in cash and warrants; the transaction remained subject to customary closing conditions.
2021
Reliance completes oil-to-chemicals business spin-off
Reliance Industries completed the spin-off of its oil-to-chemicals business into a new unit. The unit holds the company's oil refinery, petrochemical assets, and retail fuel business.
2021
SEBI fines Reliance Industries and other parties over 2007 trading
India’s Securities and Exchange Board imposed penalties on Reliance Industries Limited, its chairperson Mukesh Ambani, Navi Mumbai SEZ and Mumbai SEZ over alleged manipulation of Reliance Petroleum share trading in November 2007. The regulator’s order described the trades as fraudulent and said they harmed other investors.
2021
SEBI fines Reliance Industries over RPL share trades
SEBI imposed a Rs 25 crore penalty on Reliance Industries over alleged manipulative trading in erstwhile Reliance Petroleum shares in November 2007. The order said the trades affected the price of RPL securities and harmed other investors.
2020
Reliance Industries completes acquisition of IMG Reliance
Reliance Industries completed its acquisition of equity shares in IMG Reliance from IMG Singapore, making IMG Reliance a wholly owned subsidiary. Reliance Industries and IMG Reliance together hold 65% of Football Sports Development, which became a subsidiary of Reliance Industries.
2020
Reliance Retail Ventures completes ₹47,265 crore fundraising
Reliance Retail Ventures completed the current phase of its partner induction and fundraising, receiving cumulative subscriptions of ₹47,265 crore and allotting equity shares to its financial partners.
2020
Reliance Industries reports Q2 earnings
Reliance Industries reported strong Q2 earnings, with its telecom and retail businesses driving growth and its media business improving performance.
2020
Reliance Industries acquired a 60% stake in Netmeds
Reliance Industries acquired a 60% stake in online pharmacy retailer Netmeds for Rs 620 crore. The deal was announced late on Tuesday; Reliance Retail Ventures routed the acquisition through its subsidiary, and the transaction allows Reliance Retail to increase its stake in Netmeds' holding company Vitalic to 80% by April 2024.
2020
Government approval of Reliance–Brookfield tower deal
The government approved a deal between a Reliance Industries subsidiary and Brookfield Infrastructure Partners involving the sale of more than 135,000 mobile towers. A Brookfield regulatory filing cited Department of Telecommunications approval dated August 11, 2020.