In India, Reliance Power and Reliance Infrastructure shares fell 5% after investor concerns over regulatory scrutiny linked to Reliance Communications. Both firms clarified that their operations remain unaffected, with no financial or governance linkage to the case.

Shares of Reliance Power and Reliance Infrastructure declined sharply in India on Monday, with both companies hitting a 5% lower circuit in early trade. Reliance Power closed at ₹46.46, while Reliance Infrastructure slipped to ₹275.65 on the NSE.

The market reaction followed heightened regulatory scrutiny linked to Reliance Communications and its former promoter Anil D. Ambani. However, Reliance Power and Reliance Infrastructure issued formal statements clarifying that they are independently listed companies, with no operational, financial, or governance ties to Reliance Communications.

The companies emphasized that Anil Ambani has not been associated with Reliance Power’s Board for more than three and a half years. As such, regulatory action related to Reliance Communications has no bearing on their management, financial performance, or strategic direction.

Also Read: Value of Top 3 Indian Family Businesses Matches Philippines’ GDP

Both firms reiterated their commitment to stakeholders, with Reliance Power focusing on its 5,305 MW generation portfolio, including the 3,960 MW Sasan Power Ltd., one of the world’s largest integrated coal-based power plants. Meanwhile, Reliance Infrastructure continues to operate across high-growth sectors such as roads, metro rail, power distribution, and defense through various special-purpose vehicles (SPVs).

Market experts note that while short-term volatility has impacted share prices, the long-term fundamentals of both companies remain tied to sector-specific growth. In particular, India’s push toward infrastructure development and stable energy capacity may provide resilience for both Reliance Power and Reliance Infrastructure.

At the same time, banks including State Bank of India and Bank of India have intensified oversight of Reliance Communications due to legacy loan exposures, with insolvency proceedings ongoing. However, Reliance Power and Reliance Infrastructure stressed that these developments do not affect their governance or operations.

Both companies reaffirmed their focus on executing business plans and creating long-term shareholder value, despite current market sentiment.

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Read the full article here: Fraud Allegations Slam Reliance Stocks Into Lower Circuit — For more updates, visit Wittiya – Top Business News, Stock Market Insights & Financial Updates (Wittiya).

Reliance Industries has written off its $200 million investment in Dunzo, a hyperlocal delivery startup in India. Despite significant funding and rapid expansion, Dunzo struggled with cash burn, competition, and perception issues, ultimately leading to the shutdown of its platform.

Reliance Industries India has officially written off its $200 million investment in Dunzo, marking a significant exit from the hyperlocal delivery sector. This move, detailed in the conglomerate’s FY25 annual report, comes after Dunzo’s failure to maintain operations in India’s intensely competitive quick commerce market.

In January 2022, Reliance Retail, a subsidiary of Reliance Industries, led a $240 million (approx. ₹1,800 crore) funding round in Dunzo, acquiring a 26% equity stake in the Bengaluru-based startup. By FY24, this stake was valued at ₹1,645 crore. The strategic objective was to expand Reliance’s footprint in the fast-growing quick commerce space.

However, Dunzo’s operational model was heavily reliant on capital-intensive expansion strategies. Its monthly burn rate surged past ₹100 crore during its peak, largely due to its Dunzo Daily service that promised 15–20-minute grocery deliveries. Despite securing over $450 million in total funding, the company struggled with unsustainable financial metrics.

Also Read: The Unsustainability of Quick Commerce in India

Aggressive customer acquisition campaigns, including premium branding exercises, failed to transition Dunzo from a courier-centric image to a trusted quick commerce platform. Meanwhile, internal leadership instability only accelerated the decline. From late 2023 onwards, Dunzo witnessed a series of high-level exits, including cofounders and board members, as it grappled with capital scarcity.

Amid a broader slowdown in India’s startup funding landscape, Dunzo extended delivery timelines from 15 to 60 minutes in an attempt to reduce costs through batching. This pivot further diluted its quick commerce proposition, driving customers toward more reliable players.

By early 2025, Dunzo’s app and website went offline, confirming a complete operational collapse. The exit of cofounder and CEO Kabeer Biswas, who now leads Flipkart’s quick commerce division, was seen as the final indicator of closure.

The write-off not only reflects a failed investment but also underscores the high-risk nature of India’s quick commerce ecosystem. Analysts highlight that aggressive scaling without a clear path to profitability often backfires in markets with price-sensitive consumers and low-margin logistics.

Reliance’s exit follows a pattern where even well-capitalized ventures can falter without sustainable unit economics. It serves as a cautionary tale for retail investors and conglomerates alike eyeing India’s rapidly evolving last-mile delivery space.

While Dunzo’s downfall erases significant capital from Reliance’s balance sheet, the conglomerate appears to be shifting focus toward ventures with more stable margins and synergies across its retail and digital verticals.

Meanwhile, fellow investor Google also held a 20% stake in Dunzo, which now appears to be severely impaired.

As the quick commerce race intensifies, market consolidation is expected to continue, favoring players with disciplined cost control and strong infrastructure integration.

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Read the full article here: Dunzo Is Gone—And So Is $200 Million of Reliance’s Capital — For more updates, visit Wittiya – Top Business News, Stock Market Insights & Financial Updates (Wittiya).

Reliance Jio, part of Reliance Industries Ltd (India), plans to take its homegrown 5G and digital network technology global after completing its pan-India rollout. The company is focusing on future-ready technologies, including 6G and satellite communications, to sustain growth and deliver shareholder value.

Reliance Industries Ltd. (RIL) – India’s largest private sector conglomerate – announced in its annual report on August 7 that its telecom arm, Jio, will roll out its indigenously developed telecom technologies to global markets following a successful nationwide deployment.

Jio has already established itself as the world’s largest data network, with 488 million users, of which nearly 191 million are 5G subscribers. According to RIL, this base accounts for nearly 45% of all wireless data traffic on its network as of March 2025 — a key indicator of how its 5G adoption has scaled both in volume and user engagement.

RIL emphasized that Jio’s internally developed platforms for 5G, fixed broadband, and converged network technologies form the foundation of its strategy to support next-generation AI-driven services. The company believes this vertically integrated approach will enable sustainable growth while enhancing shareholder value through stable returns.

In addition to its 5G dominance, Jio is investing in future-ready infrastructure. It is actively developing 6G technologies and is positioning itself to lead globally in both research and commercial deployment.

Also Read: Airtel Q1 Profit Jumps 43% to 5948 Crores, Widens Gap with Jio

To complement its terrestrial infrastructure, Jio is also building a satellite communication platform. This hybrid approach is expected to support underserved and remote areas in India, expanding the company’s reach beyond urban markets and reinforcing its digital dominance.

From a financial perspective, Jio Platforms reported a 25% year-on-year increase in net profit to ₹7,110 crore for the quarter ending June 30, FY26. Gross revenue rose by 19% to ₹41,054 crore, backed by a growing subscriber base across mobility and home broadband services, higher data usage, and a broader digital services portfolio.

Jio’s aggressive domestic rollout of advanced telecom infrastructure positions it favorably as a technology exporter. Analysts tracking the sector note that the ability to productize and monetize in-house technologies internationally—especially in developing markets—could unlock a new revenue vertical for RIL’s digital business.

Additionally, Jio’s unified architecture across fiber, 5G, AI, and satellite provides it with unique scalability and cost advantages. The move aligns with broader trends in the global telecom industry, where convergence and control over tech stacks are emerging as long-term strategic moats.

As Jio scales globally, its performance will likely set a precedent for how India-based digital infrastructure firms can compete on the world stage using homegrown innovation as a core differentiator.

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Read the full article here: Jio’s Global Ascent: India’s Tech Titan Sets Its Sights Worldwide — For more updates, visit Wittiya – Top Business News, Stock Market Insights & Financial Updates (Wittiya).

Cognizant, the U.S.-based IT services firm, reported a strong Q2 FY25 performance with better-than-expected revenue growth driven by large deals and demand in the BFSI sector. However, the firm’s overreliance on acquisitions and soft organic growth raises sustainability concerns.

Cognizant Technology Solutions Corp., the U.S.-based IT services leader, reported a robust second-quarter performance for FY25, supported by strong traction in its Banking, Financial Services, and Insurance (BFSI) vertical. Despite the revenue beat, investor sentiment remains tempered by the company’s growing reliance on acquisitions and mounting pressure on profitability.

Cognizant posted $5.25 billion in revenue, up 2.54% quarter-over-quarter and 8.14% year-over-year, exceeding analyst expectations. Notably, the BFSI segment contributed over 60% of the $130 million in incremental quarterly revenue, underscoring the firm’s deepening ties with global banking clients.

While other leading Indian IT companies posted mixed growth for the same period, Cognizant maintained its momentum. The company operates on a January-December fiscal calendar, unlike many Indian peers, making direct comparisons limited but still insightful.

Executives expressed confidence in the market’s direction, highlighting a shift toward innovation-led contracts.

The firm raised its full-year guidance to between $20.7 billion and $21.1 billion, translating to an annual growth of 4.7% to 6.7%, citing a 6% increase in bookings year-over-year to $27.8 billion, its strongest in five quarters. These were anchored by two large deals valued over $500 million each, in the healthcare and telecom verticals.

Also Read: Cognizant’s 2024 Revenue Rise Driven by Strategic Acquisitions

Revenue Guidance Raised Amid Strong Deal Momentum

Reliance on Acquisitions Raises Sustainability Questions

Despite top-line growth, Cognizant’s increasing dependence on acquisitions is raising eyebrows. The Belcan acquisition, completed in August 2024 for $1.3 billion, contributed to nearly 50% of the company’s YoY growth. This trend mirrors the previous quarter and signals softening organic momentum.

In Q2, revenue from Belcan—a U.S.-based engineering services firm—contributed approximately 4 percentage points to the overall growth. That figure nearly eclipses growth rates reported by rivals with organically-driven models, intensifying concerns about long-term sustainability.

The Thirdera and Belcan acquisitions combined contributed a significant share in Q1 as well. Such dependence on inorganic drivers could pose a challenge as cost synergies diminish and integration complexities rise.

Margin Compression and Tax Impact Weigh on Profitability

Cognizant’s operating margin declined to 15.6%, from 16.7% in Q1, partly impacted by the absence of one-off gains like the $62 million office sale recorded in the previous quarter. Net profit also slipped by 2.7% sequentially to $645 million, signaling margin compression.

Comparative industry trends show TCS improving margins slightly, while others reported compressions similar to Cognizant. As price pressures persist and discretionary spending remains limited, sustaining profitability may require stronger cost optimization efforts.

Additionally, a one-time tax hit of $400 million is anticipated in Q3 FY25 due to recent U.S. tax law changes, further weighing on bottom-line prospects.

Sector-Specific Weakness Evident in Healthcare Vertical

Cognizant’s healthcare vertical, accounting for nearly one-third of total revenue, witnessed a 1.27% decline to $1.55 billion. Regulatory uncertainties and macro concerns in the U.S. healthcare space contributed to this softness.

Workforce Expansion Signals Growth Expectations

The company remains aggressive on hiring, adding 7,500 employees in the quarter, taking total headcount to 343,800. This figure surpasses peers, reflecting expectations of continued deal ramp-ups. Whether this workforce growth aligns with long-term deal conversions remains to be seen.

While Cognizant has succeeded in winning high-value deals and strengthening its BFSI portfolio, its dependency on acquisitions, weak organic growth, and declining margins raise red flags. The revised revenue outlook offers optimism, but investors are likely to remain cautious until structural growth trends stabilize.

For Cognizant, the path forward will depend on balancing acquisition-led expansion with organic innovation, improving margin efficiency, and navigating sector-specific challenges, especially in healthcare and regulated industries.

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Read the full article here: Q2 Victory for Cognizant Comes With a Warning Sign on Organic Gains — For more updates, visit Wittiya – Top Business News, Stock Market Insights & Financial Updates (Wittiya).

India is poised for its largest-ever public market debut as Reliance Industries plans a ₹52,200 crore IPO for Jio Infocomm. The move marks a pivotal step in the conglomerate’s long-term strategy to unlock shareholder value through strategic listings of its consumer-facing businesses.

In a move that could redefine India’s capital markets, Reliance Industries Ltd. (RIL) is reportedly preparing for a ₹52,200 crore (approx. $6.25 billion USD) initial public offering (IPO) of its telecom arm, Jio Infocomm. If realized, this would be the largest IPO in Indian history, surpassing all previous listings by a significant margin.

According to sources familiar with the matter, Reliance has initiated informal consultations with SEBI (Securities and Exchange Board of India) to evaluate regulatory compliance and market timing. The conglomerate is expected to offload a 5% stake in Jio Infocomm through the proposed issue.

Also Read: Jio BlackRock: 4 New Funds, One Clear Signal from SEBI

Strategic Rationale and Market Positioning

The listing plan is in line with Reliance’s long-term strategy of monetizing its consumer and digital assets while maintaining operational control. Analysts estimate Jio Infocomm’s valuation at over $100 billion, given its deep market penetration, high data consumption per user, and growing digital services portfolio.

Jio Infocomm has transformed India’s telecom landscape since its commercial launch in 2016, now boasting over 470 million subscribers, the largest user base in India. Its integrated digital ecosystem—spanning mobility, broadband, cloud, and content—positions it as a critical pillar of Reliance’s consumer growth engine.

Market watchers believe the IPO is likely to be timed based on favorable equity market conditions and internal benchmarks such as user base growth, average revenue per user (ARPU), and revenue from non-telco services.

Potential Milestone in India’s Capital Markets

Should the ₹52,200 crore IPO proceed as planned, it would eclipse previous Indian IPO records and significantly expand the size and depth of Dalal Street. The current record holder is a ₹21,000 crore issue, and Jio’s would more than double that.

The public issue is also expected to attract global institutional investors, many of whom are keen on gaining exposure to India’s digital infrastructure growth story amid a broader emerging market rebalancing.

Also Read: Jio Financial Share Price Falls Again Despite Robust Q4 Results

Waiting on the AGM Signal

The market is now turning its attention to Reliance’s upcoming Annual General Meeting (AGM), expected in August, where the company could formally disclose or hint at the IPO roadmap. While earlier reports suggested the IPO might be delayed until revenue and profitability targets are achieved, recent developments signal that the groundwork is being laid in advance.

The proposed Jio Infocomm IPO is not just a capital-raising event—it’s a statement of intent from one of India’s most influential conglomerates. It signals Reliance’s confidence in India’s digital consumption trajectory and its own ability to deliver long-term value to shareholders.

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Read the full article here: Ambani Unleashes India’s Largest IPO—A Financial Earthquake Awaits — For more updates, visit Wittiya – Top Business News, Stock Market Insights & Financial Updates (Wittiya).

India’s Reliance Retail acquires Kelvinator, aiming to solidify its footprint in the consumer durables market. The acquisition is poised to enhance product offerings and accelerate growth in premium home appliances.

In a strategic step to consolidate its presence in India’s rapidly expanding consumer durables sector, Reliance Retail has acquired iconic home appliances brand Kelvinator. The move underscores Reliance Retail’s intent to dominate the premium home appliance segment by integrating a globally recognized brand into its portfolio.

Kelvinator, long known for its role in pioneering refrigeration in Indian households and its nostalgic “The Coolest One” brand identity, is expected to significantly elevate Reliance Retail’s value proposition. With deep-rooted consumer trust and a legacy of innovation, Kelvinator brings established brand equity that aligns well with Reliance’s consumer-first approach.

“This is a significant step in our mission to bring trusted global innovations to Indian consumers,” said Isha Ambani, Executive Director of Reliance Retail Ventures Ltd., emphasizing that the group’s unmatched scale and distribution network will be instrumental in expanding Kelvinator’s reach across India.

Industry experts note that the acquisition positions Reliance Retail strategically to capture a greater share of the premium appliances market — a segment witnessing sustained double-digit growth amid rising disposable incomes and urbanization. By blending Kelvinator’s product recognition with Reliance’s extensive retail infrastructure, the company aims to deliver accessible, high-quality appliances that meet modern consumer expectations.

The deal is also seen as a strategic bet on value-chain integration. With a retail network spanning metros and tier-2 cities alike, Reliance can leverage economies of scale, domestic manufacturing capabilities, and supply chain efficiencies to revamp Kelvinator’s offerings and extend them across cooling, kitchen, and laundry categories.

As the Indian appliance market continues to evolve, Reliance Retail’s acquisition of Kelvinator signifies a bold move toward premiumization and product diversification — enhancing not just brand recall, but also competitive resilience in a fragmented sector.

Read the full article here: Reliance Sets the Stage for Appliance Supremacy with Kelvinator Acquisition — For more updates, visit Wittiya – Top Business News, Stock Market Insights & Financial Updates (Wittiya).

Anil Ambani-led Reliance Power, based in Maharashtra, India, hit a 52-week high on May 30 after its subsidiary Reliance NU Energies received a major order from the Navratna PSU, SJVN. The project includes a 350 MW solar unit and a 175 MW/700 MWh Battery Energy Storage System (BESS). This addition boosts Reliance Power’s clean energy portfolio to 2.4 GW in solar capacity and 2.5 GWh in BESS, positioning it as India’s largest integrated solar and BESS player.

Reliance Power, a major power generation company based in Maharashtra, India, and part of the Anil Dhirubhai Ambani Group (ADAG), witnessed a sharp surge in its stock price on May 30, reaching a new 52-week high. The rally followed an announcement that its subsidiary, Reliance NU Energies, secured a significant clean energy project from Navratna Public Sector Undertaking (PSU) SJVN.

Reliance NU Energies has been awarded a 350 MW solar power project coupled with a 175 MW/700 MWh Battery Energy Storage System (BESS) by SJVN. This award follows the company’s success in a competitive auction, where it emerged as the winning bidder with a fixed tariff of ₹3.33/kWh for a 25-year period.

The project is part of a larger tender floated by SJVN, which aimed to allocate 1,200 MW of solar and 600 MW/2,400 MWh of BESS capacity. The auction attracted strong participation from 19 developers, with 18 qualifying for the final e-reverse bidding round. The overwhelming interest highlights the growing demand and investment in dispatchable renewable energy solutions in India.

Once operational, this addition will take Reliance Power’s clean energy portfolio to 2.4 GW of solar DC capacity and over 2.5 GWh of BESS capacity. This makes it India’s largest player in the integrated solar and energy storage segment.

Reliance Power currently operates 5,305 megawatts of power generation capacity, including the 3,960 MW Sasan Power Ltd project in Madhya Pradesh, which is recognized as the world’s largest integrated coal-based power plant.

This latest win marks a significant step in Reliance Power’s ongoing transition toward clean energy and strengthens its leadership in India’s renewable power sector.

Read the full article here: Anil Ambani’s Reliance Power Ignites Market Frenzy With SJVN Mega Win — For more updates, visit Wittiya – Top Business News, Stock Market Insights & Financial Updates (Wittiya).

Mukesh Ambani’s Reliance Group partners with BlackRock to launch Jio BlackRock Asset Management in India’s growing mutual fund market. The venture uses BlackRock’s Aladdin platform for data-driven investment solutions.

Reliance Group led by billionaire Mukesh Ambani, has made a strategic move into India’s rapidly expanding mutual fund sector through a partnership with BlackRock Inc , the world’s largest asset manager. The joint venture, named Jio BlackRock Asset Management, is a 50:50 collaboration between Reliance’s Jio Financial Services and BlackRock.

The Securities and Exchange Board of India (SEBI) has approved the launch of this mutual fund business, enabling the venture to operate within India’s vibrant financial landscape. Jio BlackRock Asset Management aims to leverage BlackRock’s advanced Aladdin platform, a data-driven investment technology, to offer digitally accessible and efficient mutual fund products to Indian investors.

Also Read: CBI Steps In: SBI Flags Billionaire Anil Ambani as Fraud

Reliance Group, headquartered in Mumbai, Maharashtra, is one of India’s largest conglomerates with diversified interests including telecommunications, retail, and financial services. BlackRock Inc., based in New York, USA, is a global leader in investment management known for its technology-driven asset management solutions.

This collaboration reflects the growing demand for innovative mutual fund services in India and highlights Reliance’s intent to deepen its presence in financial services through technology partnerships.

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Read the full article here: Jio BlackRock: A Bright New Chapter in India’s Mutual Fund Growth Story — For more updates, visit Wittiya – Top Business News, Stock Market Insights & Financial Updates (Wittiya).

Anil Ambani-led Reliance Power stock surged 18.5% to a six-month high following strategic equity allotments, a key solar JV in Bhutan, and improved Q4 results.

Shares of Reliance Power, a key Anil Ambani-owned company under the Reliance ADA Group (ADAG), surged by a sharp 18.5% today, hitting a six-month high of ₹52.82 in intraday trade. The rally marks the stock’s most significant single-day gain since January 2024 and has brought the spotlight back onto the ADAG counters.

This upward momentum comes amid a surge in trading volumes, corporate developments, and a significant shift in the company’s strategic direction — especially toward clean energy.

What’s Fueling the Rally?

• Equity Allotment to Strategic Investors

On May 20, Reliance Power executed a preferential allotment of equity shares worth ₹43.89 crore to Reliance Infrastructure Limited and Basera Home Finance Private Limited. This involved the issuance of 1.33 crore fully paid-up equity shares at ₹33 per share (including a premium of ₹23), following the conversion of previously issued warrants.

This move has been seen by market analysts as a vote of confidence by group entities and potential signal of internal financial restructuring.

• Massive Spike in Trading Volume

Investor interest has intensified, with 232.3 million shares traded across the NSE and BSE by 1:00 p.m. — over four times the weekly average volume of 54 million shares. The volume spike points to renewed institutional and retail participation, likely driven by strong forward-looking developments.

Solar Bet in Bhutan: A Strategic Shift

In a bold international expansion, Reliance Power recently signed an agreement with Druk Holding and Investments (DHI) — Bhutan’s sovereign investment arm — to co-develop the country’s largest solar power project, with a planned capacity of 500 MW.

The ₹2,000 crore solar project will be executed under a 50:50 joint venture between DHI’s Green Digital Private Ltd and Reliance Enterprises, a company jointly owned by Reliance Power and Reliance Infrastructure. The project, to be developed on a Build-Own-Operate (BOO) basis, marks Bhutan’s largest private sector FDI in renewables.

This international partnership not only expands Reliance Power’s clean energy footprint but also positions it as India’s largest integrated solar + battery energy storage system (BESS) player, with a pipeline of 2.5 GWp solar and 2.5 GWh BESS.

Strong Q4 FY25 Performance Aids Sentiment

Adding to the optimism is a remarkable turnaround in Reliance Power’s financials for the March quarter. The company reported a net profit of ₹126 crore, recovering from a ₹397.56 crore loss in the same period last year. The turnaround is attributed to:

• Lower finance costs
  
• Reduced operational expenses
  (Down from ₹3,575 crore in Q4FY24 to ₹2,108 crore in Q4FY25)
  

While revenue from operations declined to ₹2,066 crore from ₹2,193 crore year-on-year, the focus on profitability and efficiency improvements has significantly bolstered investor confidence.

What It Means for ADAG Stocks

The rally in Reliance Power has had a positive rub-off effect on other ADAG group stocks, including Reliance Infrastructure. Market watchers view this as a re-rating phase for the group, driven by strategic capital infusions, an international renewables push, and credible efforts to reduce debt and improve governance.

From strategic equity infusions and record trading volumes to a high-profile solar JV and improved earnings, multiple factors have converged to fuel Reliance Power’s remarkable rally. As the group pivots towards clean energy and financial discipline, the momentum behind ADAG stocks is likely to remain strong — provided these initiatives continue to yield tangible results.

Read the full article here: Reliance Power Hits 6-Month High: Breaking Down the Rally — For more updates, visit Wittiya – Top Business News, Stock Market Insights & Financial Updates (Wittiya).

Reliance Power shares rose following the announcement of a 500 MW solar power project in Bhutan, developed through a 50:50 joint venture with DHI. This project marks Bhutan’s largest solar initiative and the biggest private sector FDI in its renewable energy sector. The company also posted a consolidated net profit of ₹126 crore in Q4 FY25, recovering from a loss the previous year.

Reliance Power, part of the Anil Ambani Group, saw its shares climb to ₹46.22 on the National Stock Exchange (NSE) on May 20, reflecting investor optimism after the company announced a significant new partnership. Reliance Power has entered into a commercial term sheet with Green Digital Private Limited (GDL), a subsidiary of Druk Holding and Investments Limited (DHI), the investment arm of the Royal Government of Bhutan.

Together, they will develop Bhutan’s largest solar power project with an installed capacity of 500 MW through a 50:50 joint venture. This initiative represents the largest private sector foreign direct investment (FDI) in Bhutan’s solar energy sector to date, with an estimated capital expenditure of up to ₹2,000 crore. The project will follow a Build-Own-Operate (BOO) model and is expected to be completed in phases over the next 24 months.

Reliance Power highlighted that this new venture will substantially increase Bhutan’s solar capacity, surpassing the current national infrastructure for solar power. The company is a leading player in India’s integrated Solar plus Battery Energy Storage System (BESS) segment, boasting a clean energy portfolio of 2.5 GWp solar power and over 2.5 GWh of BESS capacity.

This strategic investment reflects Reliance Group’s long-term commitment to expanding its renewable energy footprint while strengthening India-Bhutan economic cooperation.

In related news, Reliance Power also reported strong financial results for Q4 FY25. The company posted a consolidated net profit of ₹126 crore for the quarter ending March 31, 2025, a significant turnaround from a loss of ₹397.56 crore in the same period the previous year. The improvement was driven by lower expenses and operational efficiencies.

With this robust financial performance and ambitious new projects, Reliance Power is positioning itself as a key player in the region’s renewable energy transition.

Read the full article here: Bright Horizons: Reliance Power Sparks Renewable Growth in Bhutan — For more updates, visit Wittiya – Top Business News, Stock Market Insights & Financial Updates (Wittiya).