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Reliance and Essar surge ahead in bidding for coal bed methane blocks

Reliance and Essar surge ahead in bidding for coal bed methane blocks

Reliance Industries and the Essar Group have emerged as top contenders in the coal-bed methane bidding round, after the Directorate General of Hydrocarbons offered 16 exploration blocks in two phases. Oil India has stayed in the process, while ONGC has withdrawn, narrowing the field just as interest from major energy players rises.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
RIL and IEX among six stocks that moved markets sharply today

RIL and IEX among six stocks that moved markets sharply today

Markets saw sharp trading action as Trent tumbled over 8% after underwhelming Q3 updates, cooling sentiment. Groww swung from early gains on a bullish brokerage note to later reversal. Reliance Industries slid on reports tied to Russian oil shipments, though the company denied the linkage. IEX also featured among movers today.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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RIL revives Campa Cola at half price and dares Coke Pepsi duopoly

RIL revives Campa Cola at half price and dares Coke Pepsi duopoly

Reliance Industries has relaunched Campa Cola at INR 10 per bottle, roughly half the price of rival soft drinks like Coke and Pepsi. Analysts liken the move to the pricing playbook seen during Jio’s aggressive price war, and early response looks promising. The real test: whether younger buyers will abandon longtime brand habits.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
RIL shifts from gas drilling to green electrons as Jamnagar giga factories take center stage

RIL shifts from gas drilling to green electrons as Jamnagar giga factories take center stage

Reliance Industries is repositioning its energy strategy, moving from offshore gas extraction to building a green power future around Jamnagar’s giga-scale ambitions. The shift reframes older assets like KG-D6 as “fading fumes,” while new solar-driven plans promise cleaner electrons and a new growth narrative for the company’s next phase.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Mukesh Ambani draws zero salary again for fifth straight year during pandemic era

Mukesh Ambani draws zero salary again for fifth straight year during pandemic era

Mukesh Ambani has again filed for a nil salary as Reliance Industries chairman, continuing a streak for the fifth consecutive year that began during the COVID-19 pandemic. While Ambani’s own pay is reportedly ₹0, his children Isha, Akash, and Anant earned ₹2.31 crore each as non-executive directors, alongside steady compensation for other executives.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Reliance Quietly Prints Profits in Oil and Gas While Retail and Jio Chase Growth

Reliance Quietly Prints Profits in Oil and Gas While Retail and Jio Chase Growth

While investors watch Reliance Jio’s subscriber gains and Reliance Retail’s relentless expansion, the company’s upstream oil and gas business has been quietly thriving. It delivered one of its best years ever, emerging as Reliance’s most profitable unit. The shift highlights how earnings may be driven by energy even as newer consumer bets dominate headlines.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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