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

ByNews Polite

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…

Reliance to Demerge Financial Services Arm, List Jio Financial Services on Stock Exchanges

Reliance to Demerge Financial Services Arm, List Jio Financial Services on Stock Exchanges

ByNews Polite

Billionaire Mukesh Ambani’s Reliance Industries Limited on Friday said it will demerge its financial services arm and list it on the stock exchanges. In a statement, the firm said Reliance shareholders will be issued one equity share of Jio Financial Services Limited (JFSL) for every share they hold in the…

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

ByNews Polite

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…