Reliance Showcases Multipurpose, Swappable Batteries for Electric Vehicles

Reliance Showcases Multipurpose, Swappable Batteries for Electric Vehicles

Reliance Industries showcased its swappable and multipurpose battery storage technology for electric vehicles (EVs) on Wednesday, as it makes a big push on clean energy. Reliance, led by billionaire Mukesh Ambani, displayed removable and swappable batteries for EVs that can also be used to power household appliances through an inverter…

Reliance Said to Be Exploring Foray Into Chip Manufacturing; in Talks With Potential Partners

Reliance Said to Be Exploring Foray Into Chip Manufacturing; in Talks With Potential Partners

Billionaire Mukesh Ambani’s Reliance Industries has begun exploring a foray into semiconductor manufacturing, a move that could address its supply chain needs and cater to growing chip demand in India, two people familiar with its strategy said. The telecoms-to-energy conglomerate, encouraged by the Indian government, has held early-stage talks with…

Reliance Chairman Mukesh Ambani Push Artificial Intelligence Plans: Jio Promises AI to Everyone, Everywhere in India

Reliance Chairman Mukesh Ambani Push Artificial Intelligence Plans: Jio Promises AI to Everyone, Everywhere in India

Jio Platforms is keen to lead efforts in developing India-specific AI models and AI-powered solutions across domains, delivering the benefit of this new-age technology to Indian citizens, businesses and government, RIL Chairman Mukesh Ambani said on Monday promising “AI to everyone, everywhere.” Terming Artificial Intelligence (AI) as the most exciting…

5G Services in India to Attract Rs. 1.5 Lakh Crore in Investments in 2023, Tariff Hikes Likely: Report

5G Services in India to Attract Rs. 1.5 Lakh Crore in Investments in 2023, Tariff Hikes Likely: Report

From connecting people with 5G services to lowering the cost of operations, the country’s revitalised telecom sector is witnessing the bloom of reforms, and is set to attract more than Rs 1.5 lakh crore investments to build up networks in the new year. Once the poster boy of India’s growth…

Reliance to Acquire Majority Stake in Solar Energy Software Developer SenseHawk for $32 Million

Reliance to Acquire Majority Stake in Solar Energy Software Developer SenseHawk for $32 Million

Reliance Industries Limited (RIL) announced on Monday that it has signed an agreement with California-based solar energy software developer SenseHawk to acquire a majority stake in the company. The deal is worth $32 million (roughly Rs. 260 crore), “including funding for future growth, commercial rollout of products, and R&D.” Reliance…