Reliance Industries Limited (RIL), led by Mukesh Ambani, reported a consolidated net profit of Rs 18,645 crore in Q3FY26, a marginal increase of 0.56 per cent year-on-year. Ambani highlighted the company’s resilience and Jio’s deepening digital ecosystem, while noting the consumer products demerger during the quarter.
Jio Platforms reported a 12.8 per cent year-on-year rise in net profit to Rs 7,379 crore for Q2 FY26, driven by higher ARPU and strong uptake of JioAirFiber. Reliance Jio added 8.3 million subscribers, with data usage rising to 38.7 GB per user monthly.
Under the collaboration, for which the two partners have signed an initial pact, PURE EV will explore JioThings' smart digital clusters, which include end-to-end IoT solutions, into its electric two-wheelers to enhance their functionality and interactivity
Zuckerberg made the remark during a conversation with Mukesh Ambani, Chairman and Managing Director, Reliance Industries at the first Facebook Fuel for India 2020 event.
The social networking platform said the 'Nayi Shuruaat' campaign launched during its 'Fuel for India' event is an ode to the resilience of small businesses amid crisis.
According to global market research firm PwC's ‘Global Entertainment & Media Outlook 2020-2024,' the Indian E&M industry is expected to grow at 10.1 per cent CAGR to reach $55 billion by 2024.
. Earlier, on September 23, RIL had announced that KKR will make the investment in its subsidiary Reliance Retail Ventures Ltd (RRVL) to buy 1.28 per cent equity stake
