Reliance Group

At its 48th Annual General Meeting on August 29, 2025, Reliance Industries unveiled a suite of AI-powered offerings, signaling its aggressive pivot into artificial intelligence across media and technology. Introducing Riya, JioPC, JioFrames, JioLenZ, and JioStar, the conglomerate framed these as catalysts for transforming user engagement and digital infrastructure in India. Concurrently, Reliance revealed plans for the Reliance Intelligence AI-centric subsidiary and announced the IPO of Reliance Jio, anticipated in the first half of 2026.

Reliance Group Chairman Anil Ambani recently recorded his statement before the Enforcement Directorate (ED) in connection with an ongoing investigation under the Foreign Exchange Management Act (FEMA). The development marks a critical step in the agency’s probe into alleged irregularities involving foreign transactions. While specific case details remain undisclosed, the appearance of a high-profile industrialist signals the government’s intensifying scrutiny of cross-border financial dealings.