The recent Reliance-Hithium episode has highlighted a structural vulnerability in India’s electric vehicle and clean energy ambitions. Bloomberg reported that Chinese battery startup Xiamen Hithium Energy Storage Technology Co. withdrew from technology-sharing talks with Reliance Industries due to Beijing’s tightened export controls, exposing India’s dependence on foreign technology for critical…
Tag: #RelianceIndustries
News
Reliance Q3 FY26 Results: Marginal Profit, 11% Growth
Reliance Industries Limited (RIL), led by Chairman Mukesh Ambani, reported a marginal rise in consolidated net profit for the third quarter of FY26, even as revenues recorded double-digit growth. The diversified conglomerate posted a profit of ₹18,645 crore for the December quarter, marking a 0.56% increase year-on-year, while revenue from…
News
Mukesh Ambani Hails PM Modi as India’s Protective Wall
Amid intensifying geopolitical uncertainty across the world, Reliance Industries Chairman and Managing Director Mukesh Ambani has expressed strong confidence in Prime Minister Narendra Modi’s leadership, describing him as India’s “invincible protective wall.” Speaking at the Vibrant Gujarat Regional Conference in Rajkot, Ambani said the country remains insulated from global turbulence…
News
Reliance Shares Slide 5% on US-Venezuela Tensions: Buy Now?
Reliance Industries Ltd (RIL) shares witnessed a sharp sell-off on Tuesday, January 6, sliding over 5% in intraday trade as global markets reacted nervously to escalating tensions between the United States and Venezuela. The decline marked the second consecutive day of losses for India’s most valuable listed company, sparking debate…