Reliance Jio, Uber announce strategic partnership

Mumbai (Maharashtra) [India], March 12: Reliance Digital announces the offline retail availability of iQOO, the high-performance smartphone brand built for today's youth and tech-forward consumers. Following strong traction in online channels, iQOO is now extending its presence into physical retail, allowing customers to experience and purchase its devices first-hand at Reliance Digital stores across India.

Reliance Industries said on Tuesday that it is taking proactive steps in line with the Government guidelines to maximize LPG production from its refining and petrochemicals complexes at Jamnagar, the world's largest integrated refining hub.

In an interview with ANI, Mishra highlighted that India's heavy reliance on imported "dense energy" makes it a primary target for global price volatility. "Every dollar increase per barrel costs approximately $1.8 billion annually. For instance, a $50 increase in oil prices represents a $90 billion impact, which is more than 2% of our GDP if sustained for a year."

Bengaluru (Karnataka) [India], March 6: Marking Women's Day with intent rather than symbolism, Zivame, the leading lingerie brand backed by the Reliance Group, as part of its Women's Day campaign hosted a curated women leadership panel titled Not Just Another Women's Day to examine the gap between messaging and meaningful change. The initiative aimed to challenge performative narratives and emphasise the need for structural change and everyday action.

Reliance Consumer Products Limited (RCPL), the FMCG arm of Reliance Industries Limited, signed a Memorandum of Understanding (MoU) with Finnish food major Fazer to establish a long-term strategic partnership in India.

Every USD 10 per barrel increase in global crude oil prices could reduce India's GDP growth by about 0.5 per cent and add pressure on economic activity, inflation and currency stability, given the country's heavy reliance on imported crude, Vandana Bharti, Research Head - Commodity, SMC Global Securities, told ANI.

Speaking at the Mobile World Congress 2026 in Barcelona, Spain, Mathew Oommen Group CEO, Jio Platforms Limited, outlined the shift from connectivity to intelligence - highlighting the transformative role of innovation, collaboration, and resilient digital infrastructure in shaping a more connected world. He said "AI era isn't an upgrade. It's a reset."

Asia remains the most vulnerable region globally to sustained increases in oil prices due to its heavy reliance on imported energy and high trade openness, asserted a report by Invesco headlined 'Middle East Tensions - Impact on Asia.'

Jio Platforms Limited today announced the appointment of Dan Bailey as its new President. Jio Platform announced the appointment through a press release which stated, "he will lead the company's international business initiatives. Based in London, Dan will report to Akash Ambani, Chairman of Reliance Jio Infocomm Limited."

Canadian Prime Minister Mark Carney held discussions with Reliance Industries Chairman Mukesh Ambani on partnering with Canadian businesses, as Ottawa looks to expand economic engagement with India and boost bilateral trade.