Reliance Industries

Aug 18 (Reuters) - Reliance Industries Ltd RELI.NS:

• RELIANCE INDUSTRIES - CLARIFIES ON REPORT "SC SLAPS 1 MILLION RUPEES FINE ON RELIANCE INDUSTRIES FOR DELAYING NTPC GAS SUPPLY SUIT"

• RELIANCE INDUSTRIES - NO FINE OR PENALTY LEVIED ON THE COMPANY BY THE SUPREME COURT OF INDIA

Source text: [ID:]

Further company coverage: RELI.NS

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By Trixie Yap

SINGAPORE, Aug 17 (Reuters) - Vietnam received its first direct diesel shipment from India's Reliance Industries refinery via traders in eight years, according to data from shiptrackers and trade sources, after the removal of import taxes for fuels facilitated the trade.

Vietnam removed import taxes for all fuels from March, a policy aimed at widening its supply pool as shipping risks in the Middle East arising from the U.S.-Iran conflict forced buyers to seek fuel beyond their regular suppliers.

Around 70,000 metric tons of the transport and industrial fuel were loaded onto the Panamax-sized tanker Magic Victoria at Reliance's refinery in Jamnagar, according to the shipping data and one of the two trade sources, with the cargo discharged at the Van Phong terminal in Khanh Hoa province operated by Petrolimex on August 14-16.

It was not immediately clear who sold the cargo to Petrolimex. A Petrolimex spokesperson declined to comment while Reliance did not immediately respond to a request for comment.

Earlier in March, some India-origin barrels were also transported to Vietnam via ship-to-ship transfer off the Strait of Singapore and Malacca, Kpler and Vortexa shiptracking data showed.

By opening up its market to other supplies, Vietnam has enabled India to step up fuel exports and capitalise on its position as a swing supplier to markets in the east and west of Suez, analysts said.

India's supply has also helped cap cash premiums for 10-ppm gasoil at $5 to $6 a barrel in Asia, despite concerns on tightening supplies in west of Suez markets. GO10-SIN-DIF

Vietnam mostly imported its diesel from South Korea and the rest of southeast Asia last year, LSEG and Kpler shiptracking data showed.

For now, it is still more profitable for India-origin cargoes to head to west of Suez markets instead of southeast Asia, another trade source said.

(Reporting by Trixie Yap in Singapore, additional reporting by Khanh Vu in Hanoi; editing by Alexandra Hudson)

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NEW DELHI, Aug 16 (Reuters) - India has set a maximum daily cooking gas production target of 63,810 metric tons for state-run and private refineries to ensure domestic supplies and build buffers after U.S.-Israeli war against Iran disrupted supplies of the essential fuel, according to an August 13 government order.

Here are more details from the order:

• Companies are required to maintain adequate infrastructure for storing and transporting liquefied petroleum gas (LPG), either directly or through railways and road tankers, to meet specified quantities.

• The federal government will update the targets every January and July to reflect new production and additional output from existing refineries.

• India was buying about 90% of its cooking gas imports from the Middle East before the war on Iran disrupted supplies from March due to the blockade of the Strait of Hormuz.

• India has set production targets for individual refiners with Reliance Industries Ltd's RELI.NS domestic-market-focused refinery tasked to produce 18,000 tons a day of LPG.

• State-run explorers Oil and Natural Gas Corp ONGC.NS and Oil India Ltd OILI.NS, and gas utility Gail India Ltd GAIL.NS are expected to contribute 10% of the nationwide target.

(Reporting by Nikunj Ohri and Nidhi Verma; Editing by Christian Schmollinger)

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Reliance Industries and Rolls-Royce announced a strategic intent to partner on the design, development, manufacture and delivery of an indigenous combat engine for India’s Advanced Medium Combat Aircraft programme. The companies said they would explore a dedicated Aerospace Gas Turbine Complex in India covering power and propulsion technology. Reliance’s activities spanned hydrocarbons, petrochemicals, retail, digital services, media and entertainment, and renewables. It reported consolidated revenue of ₹11,75,919 crore and net profit of ₹95,754 crore for the year ended March 2026.

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** Nifty 50 .NSEI and Sensex .BSESN down 0.2% and 0.3%, respectively

** Benchmark indexes down 0.9% each for the week, following two weekly gains

** Brent crude futures LCOc1 up 1.5% at $88/bbl as U.S. threatens indefinite naval blockade of Iran O/R

** 13 of 16 major sectors trade lower; small-caps .NIFSMCP100 and mid-caps .NIFMDCP100 down 0.5% and 0.3%, respectively

** Heavyweight financials .NIFTYFIN down 0.4%, Reliance Industries RELI.NS drops 0.9%

** Tata Motors PV TAMO.NS down 4.8%, top Nifty loser, after reporting 80% slide in Q1 profit

** LG Electronics India LGEL.NS and Galaxy Surfactants GALX.NS jump 9% and 20%, respectively, after quarterly results

(Reporting by Vivek Kumar M)

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By Bharath Rajeswaran

Aug 13 (Reuters) - Global index provider MSCI said on Thursday it will add four Indian companies to its widely tracked Global Standard index and remove three as part of its August review, underscoring the continuing churn in India's representation within global passive portfolios.

The changes will be implemented after the close of trading on August 31, 2026, and take effect on September 1, MSCI said.

Laurus Labs LAUL.NS, an active pharmaceutical ingredients manufacturer; Lenskart LENS.NS, an omnichannel eyewear retailer; Adani Energy Solutions ADAI.NS, the Adani Group's power transmission and distribution arm, and Groww BILO.NS, a digital investment and broking platform, will enter the index.

They will replace tyre maker Balkrishna Industries BLKI.NS, credit-card issuer SBI Cards SBIC.NS, and building-materials company Astral ASTL.NS. Following the reshuffle, the number of Indian constituents in the key MSCI index will rise to 166 from 165.

India's weightage in the global standard index will also rise to 11.9% from 11.8%, according to Nuvama Alternative and Quantitative Research.

The inclusion is expected to trigger significant buying by exchange-traded funds and other passive investors that replicate MSCI benchmarks.

Nuvama Alternative and Quantitative Research estimates potential inflows of about $598 million for Laurus Labs, $352 million for Lenskart, $310 million for Adani Energy Solutions and $256 million for Groww.

Conversely, Balkrishna Industries, SBI Cards and Astral could see estimated passive outflows of $169 million, $143 million and $138 million, respectively.

The review also recalibrated weights among existing index members. Eternal ETEA.NS is projected to attract the largest incremental passive inflow, at around $674 million, following an increase in its weight. Adani Enterprises ADEL.NS and Adani Ports APSE.NS could receive about $202 million and $77 million, respectively.

Reliance Industries RELI.NS is estimated to face outflows of roughly $523 million, while Jio Financial Services JIOF.NS may see $61 million in outflows.

Separately, MSCI's Small Cap index review added companies including Amagi Media Labs AMAI.NS, Ather Energy ATHR.NS, Clean Max CLEM.NS, E2E Networks EENE.NS, Embassy Developments EMBS.NS, Patanjali Foods PAFO.NS, Rubicon Research RUBI.NS, Sedemac Mechatronics SEDE.NS, Sky Gold and Diamonds SKYG.NS, United Breweries UBBW.NS, Urban Company URBN.NS and WeWork India WEWO.NS, while removing 19 stocks.

(Reporting by Bharath Rajeswaran in Bengaluru; Editing by Rashmi Aich)

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By Nidhi Verma and Jonathan Saul

NEW DELHI/LONDON, Aug 7 (Reuters) - India's Reliance Industries RELI.NS has paid a record $23 million to $25 million to charter a supertanker to lift Iraqi crude, pointing to a limited pool of ships available in the Gulf and the soaring costs of every voyage, three shipping sources said.

Shipping traffic via the Strait of Hormuz, through which Iraq's seaborne oil must pass, is still well below the average of 125 to 140 vessels a day seen before the Iran war began at the end of February, putting further strain on buyers seeking to get cargoes out.

Reliance, the operator of the world's biggest refining complex in India's western state of Gujarat, booked the tanker to load 2 million barrels of oil at 1200 World Scale - a measure of freight costs, which was 12 times the benchmark freight rate, to lift Iraqi crude, the sources said.

That translated into a total cost of $23 million to $25 million for the charter hire - among the highest prices paid during the conflict, according to calculations by ship brokers.

Before the war, freight costs were 0.8 to 0.9 times the benchmark, working out at about $2 million.

Despite paying the record freight rate, Reliance is still expected to save millions of dollars on the cargo because of steep discounts offered by Iraq's state oil marketer SOMO, the sources said.

The vessel will be supplied by South Korea's Sinokor, one of the few shipowners continuing to send tankers through the Strait of Hormuz as attacks on commercial vessels have increased the risks of navigating the waterway.

Reliance and Sinokor did not respond to emailed requests for comment.

Iraq is offering its crude at a discount of about $25 to $30 per barrel to Dubai benchmarks to entice buyers to lift cargoes from terminals inside the Strait of Hormuz, a document seen by Reuters this week showed.

Several Indian and Chinese refiners have sought vessels this week to enter the Strait and load crude at Iraq's Basrah Oil Terminal, attracted by the steep discounts, other shipping sources said.

However, no vessels have been fixed so far as shipowners are wary of entering the waterway, they said.

(Reporting by Nidhi Verma and Jonathan Saul; Editing by Kirsten Donovan)

(([email protected]; X: @nidhi712;))

** Oil-to-telecom conglomerate Reliance Industries' shares RELI.NS rise as much as 3.53%, on course for the sharpest rise in over five months, to 1,325.2 rupees apiece

** Co's luxury retail arm Reliance Retail partners with Kim Kardhashian's SKIMS to bring shapewear brand to India

** RELI top gainer on Nifty 50 .NSEI, which is flat

** RELI had dropped about 3% over the last two sessions

** About 1.61 million shares change hands in 26 block deals, at a premium of 0.63%-3.14% over last close of 1,280 rupees, data compiled by LSEG shows

** Rise also aided by falling oil prices on prospects of U.S.-Iran peace negotiations

** Lower crude reduces Reliance's input and energy costs, support refining and petrochemical margins

** Shares down 15.8% YTD, lagging the 5.7% drop in Nifty

(Reporting by Bharath Rajeswaran in Bengaluru)

(([email protected]; +91 9769003463;))

Aug 5 (Reuters) - Reliance Industries Ltd RELI.NS:

• SKIMS AND RELIANCE BRANDS PARTNER TO LAUNCH IN INDIA - STATEMENT

• RBL WILL OPERATE SKIMS BRAND IN INDIA ACROSS PHYSICAL, DIGITAL CHANNELS - STATEMENT

Further company coverage: RELI.NS

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Adds details paragraph 3 onwards

August 4 (Reuters) - India's second-largest telecom operator Bharti Airtel BRTI.NS posted a 37.3% rise in first quarter profit on Tuesday, driven by subscriber additions and users upgrading to costlier plans.

The company's consolidated net profit rose to 81.67 billion rupees ($856.28 million) for the quarter ended June 30, from 59.48 billion rupees a year ago.

India's telecom operators have been relying on users upgrading to higher-value plans to boost average revenue per user (ARPU) - a key telecom metric - with no broad-based tariff hikes since July 2024.

Airtel and market leader Reliance Jio RELJ.NS revised select recharge plans and expanded premium offerings to encourage higher spending and migration to 4G and 5G services.

Airtel's industry-leading ARPU rose 5.6% year-on-year to 264 rupees during the first quarter, helped by a 7.5% increase in its 4G and 5G user base.

India's telecom sector has witnessed intense competition since Jio's entry in 2016, with the Reliance unit overtaking peers to command the country's largest user base.

Some analysts expect another round of tariff increases of 12%–15% in the coming months, which could provide a further boost to the industry ARPU.

Airtel's India user base grew 12.8% year-on-year to about 492 million as of June 30, lagging behind Jio's 533.3 million.

Revenue from Airtel's AfricaAAF.L business, which operates in 14 countries across sub-Saharan Africa and accounts for over a quarter of group revenue, rose 45.4%.

Its overall revenue rose 18.4% to 585.39 billion indian rupees ($6.14 billion), above analysts' expectation of 573.1 billion rupees.

Last month, rival Jio reported a 6.8% rise in quarterly profit. Smaller rival Vodafone Idea VODA.NS has yet to post results.

($1 = 95.3775 Indian rupees)

(Reporting by Aleef Jahan in Bengaluru; Editing by Nivedita Bhattacharjee)

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NEW DELHI, July 24 (Reuters) - The Indian government has extended a mobile internet shutdown in central Delhi until midnight on Friday, two industry sources told Reuters, as thousands converged on the area for protests demanding the education minister's resignation over exam paper leaks.

(Reporting by Aditya Kalra and Munsif Vengattil, writing by Sakshi Dayal; Editing by YP Rajesh)

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By Marianna Parraga

HOUSTON, July 21 (Reuters) - Refiners and oil-producing firms in the U.S. and elsewhere are gaining market share in Venezuela's crude as they sign direct contracts with state-run PDVSA, challenging the global traders that inked earlier deals with the government of interim President Delcy Rodriguez.

Trading houses Vitol and Trafigura currently control the lion's share of Venezuela's oil exports through agreements signed in January with Caracas that are overseen by Washington, allowing them to take more than 100 million barrels for resale to final buyers in six months.

PDVSA, however, is slowly going back to the business model it had before U.S. energy sanctions were imposed on the OPEC country in 2019, which prioritizes supply contracts with its joint-venture partners and refineries over intermediaries.

The model could secure better prices for PDVSA in longer sale deals, sources involved in the negotiations said.

U.S. refiner Phillips 66 PSX.N in May began buying spot cargoes from PDVSA after a seven-year pause. In July, the company was allocated three cargoes of flagship Merey 16 heavy crude for delivery at the country's main oil port, Jose, shipping documents showed.

India's refiner Reliance Industries RELI.NS also began direct crude purchases from PDVSA in May, according to the documents, with those barrels now complementing cargoes bought from Vitol, Trafigura and Chevron CVX.N to secure volumes large enough to meet demand.

Valero Energy VLO.N and Thailand's Tipco Asphalt TASCO.BK are expected to begin direct purchases in the coming months, the sources said. But, as of mid-July, they had not been assigned loading windows yet, according to the documents.

The four companies had crude supply contracts with PDVSA until early 2019, when U.S. sanctions cut Venezuela's oil exports to the U.S., Europe and some Asian countries. The state company wants them to return to its pool of customers to diversify destinations and prices, while securing long-term pacts to allocate heavy grades that can be otherwise difficult to market, a company source said.

PDVSA, Venezuela's oil ministry, Chevron, Phillips 66, Valero and Reliance did not reply to requests for comment. Tipco said the company has not completed any purchases yet.

The U.S. Energy Department in May said Venezuela's overall oil sales were representing $2 billion to $3 billion per month, with about half of the volume bound for the U.S. The department has listed units of TotalEnergies TTEF.PA, Aramco, Chevron, Citgo Petroleum, Exxon Mobil XOM.N, Marathon Petroleum MPC.N, Pemex, PBF Energy PBF.N, Phillips 66, Trafigura, Valero and Vitol as importers in the U.S. this year, without elaborating on sale terms.

PARTNERS EXPANDING

With Venezuela now exporting over 1.2 million barrels per day (bpd) of oil and fuel -- an increase from an average of 847,000 bpd in 2025 -- PDVSA's largest partners are also expanding their intake of Venezuelan oil, according to the documents and data based on tanker movements.

Chevron in the second quarter exported some 293,000 bpd of Venezuelan crude to its refineries and others, an increase from 223,000 bpd in the previous quarter and a concrete step towards its goal of expanding output and exports in Venezuela.

Spain's Repsol REP.MC began loading directly Merey 16 crude at Jose in July after buying from traders in previous months, while Italy's Eni ENI.MI also was allocated a cargo bound for Europe this year, the documents showed. The oil is amortizing pending debt to the companies, sources said.

Chevron, Repsol and Eni are among firms that have this year announced oil and gas project expansions in Venezuela. Exports from their joint ventures are expected to grow in another challenge to the volumes allocated to trading firms.

The global traders, on their side, are also seeking to expand businesses in Venezuela. Trafigura has a small team already operating from Caracas, while Vitol is preparing to hire about a dozen people there.

Venezuela expects crude output to rise to 1.37 million bpd by year-end from current 1.2 million bpd, creating room for more supplies and competition.

(Reporting by Marianna Parraga; Additional reporting by Nicole Jao and Sheila Dang; Editing by Andrea Ricci )

(([email protected]; +1 713 371 7559; Reuters Messaging: @mariannaparraga))

The author is a Reuters Breakingviews columnist. The opinions expressed are her own.

By Shritama Bose

MUMBAI, July 20 (Reuters Breakingviews) - India's economy and currency are getting battered by the latest energy shock, but the performance of its largest company stands in stark contrast. The cash cow refining unit of Mukesh Ambani's $186 billion Reliance Industries RELI.NS grew earnings strongly last quarter despite crude supply pressures. Its accomplishment is as much a marker of its growing challenges as a testament to the group's operational resilience.

In an investor meeting on Friday, Chief Financial Officer V Srikanth described as "extraordinary" the economic conditions and supply disruptions of the three months to the end of June. Yet revenue at Reliance's oil-to-chemicals business reversed the previous year's decline to surge 30%. EBITDA grew 17%, faster than its pace a year ago.

That offers some respite for Ambani's conglomerate, which derives well over half of its annual revenue from the refining unit. Concerns around the Iran war have dragged Reliance shares down 15% so far this year, twice as much as the benchmark Nifty 50 Index .NSEI.

The company improved its performance by switching crude sourcing from the Middle East to Russia, Latin America and Africa. It helped that its complex refining capabilities can profitably process heavier grades of crude. Reliance also redirected its refined goods from Europe to markets like Singapore and Australia, where higher supply deficits supported margins.

That wasn't enough, though, to offset the hit from absorbing higher crude prices on fuel sales at Indian pumps. An official mandate to divert capacity to producing liquefied petroleum gas for domestic consumption from more lucrative export-bound products weighed on the unit's EBITDA margin, which fell by a full percentage point to 8.4%.

That shows the limits to Reliance's operational strengths. As hostilities in the Middle East flare up again after a short-lived ceasefire, the group will be forced to keep up its delicate balancing act for longer.

Pressure on earnings could intensify after New Delhi hiked levies on diesel and jet fuel exports earlier this month, after two months of gradual cuts. Crude price spikes may also become harder to manage whenever China, whose considerable stockpiles have allowed it to stay away from oil buying, returns to the market.

The spate of extraordinary conditions looks poised to last. That means Ambani's flagship has to fight to keep to its winning ways.

Follow Shritama Bose on LinkedIn and X.

CONTEXT NEWS

Reliance Industries on July 17 reported a 25% year-on-year decline in consolidated net profit to 231.96 billion rupees ($2.4 billion) for the three months to the end of June. Profit fell due to the effect of a high base caused by a one-off sale of the company's shares in Asian Paints in the corresponding period last year.

The company's flagship oil-to-chemicals division logged a 30% increase in revenue to 2 trillion rupees and a 17% rise in EBITDA to 170 billion rupees during the reporting quarter.

(Editing by Antony Currie; Production by Aditya Srivastav)

((For previous columns by the author, Reuters customers can click on BOSE/[email protected]))

July 17 (Reuters) - Reliance Industries Exec RELI.NS:

• RELIANCE INDUSTRIES EXEC: WILL 'EFFECTIVELY LOOK AT' OIL OFFERED BY PRODUCERS IN THE WEST OF STRAIT OF HORMUZ

• RELIANCE INDUSTRIES EXEC: TRYING TO ARREST HYDROCARBON DECLINE FROM THE KG-D6 EAST COAST BLOCK

• RELIANCE INDUSTRIES EXEC: WILL INCREASE CO'S PETROCHEMICALS PRODUCTION

• RELIANCE INDUSTRIES EXEC ON O2C SEGMENT: BOUGHT SOME MIDDLE EASTERN CRUDES SOLD AT DISCOUNT

• RELIANCE INDUSTRIES EXEC: UKRAINE ATTACKS ON RUSSIAN REFINERIES CAUSING PANIC IN MARKET

• RELIANCE INDUSTRIES EXEC: PLANS TO ENTER AUSTRALIA AND AFRICA MARKETS IN FMCG SEGMENT

• RELIANCE EXEC: RETAIL OPERATIONS 3 YEAR OBJECTIVE TO DOUBLE OPERATING EBITDA

• RELIANCE EXEC: MULTIPLE FOOD PARKS BEING DEVELOPED AT STRATEGIC LOCATIONS TO DRIVE FMCG PRODUCTION

• RELIANCE INDUSTRIES - REFINERY MARGINS LIKELY TO STAY ROBUST IN NEAR TERM AMID STRONG SUMMER DEMAND AND TIGHT BALANCES

• RELIANCE INDUSTRIES - TO ADD 3 NEW VERY LARGE ETHANE CARRRIERS TO FLEET IN THE COMING QUARTER

• RELIANCE INDUSTRIES - LNG PRICES EXPECTED TO REMAIN VOLATILE DUE TO UNCERTAINTY OVER FLOWS THROUGH THE SOH

• RELIANCE INDUSTRIES - TO ADD 3 NEW VERY LARGE ETHANE CARRIERS TO FLEET IN THE COMING QUARTER

Further company coverage: RELI.NS

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BENGALURU, July 16 (Reuters) - Jio Financial Services' JIOF.NS quarterly profit more than doubled, it reported on Thursday, boosted by broad-based growth across its businesses.

Here are some details:

• Jio Financial, which listed in 2023 after a demerger from Indian billionaire Mukesh Ambani's Reliance Industries RELI.NS, operates a range of businesses, including digital lending, payments, insurance broking, and asset management services

• Backing of the country's largest conglomerate and cross-selling through the wider Jio ecosystem are helping the firm scale rapidly

• Net profit rose to 8.3 billion rupees ($86.2 million) for the quarter ended June 30, from 3.25 billion rupees a year earlier and 2.72 billion in the previous quarter

• Revenue from operations jumped to 20.04 billion rupees from 6.12 billion rupees a earlier ago and 10.19 billion rupees three months earlier

• Revenue from investing and lending businesses nearly tripled

• Gross assets under management for the lending segment nearly tripled to 306.67 billion rupees; disbursements jumped 173%

• AUM of its asset management joint venture with BlackRock rose 21% from three months earlier

($1 = 96.3450 Indian rupees)

(Reporting by Nishit Navin; Editing by Mrigank Dhaniwala)

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By Munsif Vengattil and Aditya Kalra

BENGALURU, July 15 (Reuters) - Ransomware group World Leaks has posted on the dark web a huge cache of files related to India's largest nuclear plant, including purported blueprints of parts of its facilities and supplier details — information it labelled as coming from Reliance Group.

The Kudankulam Nuclear Power Plant, located in the southern state of Tamil Nadu, is the largest of India's seven nuclear plants and central to Prime Minister Narendra Modi's ambitious plans to expand the country's atomic energy capacity.

Indian businessman Anil Ambani's Reliance Group, one of the plant's contractors, told Reuters in a statement that there had been a "partial breach" of its data on a server hosted by third-party Indian data centre service provider Yotta, and that the government has been informed about the incident.

Reliance did not disclose what data had been breached.

The data breach could pose a "serious" risk to the safety of the plant, says Nickolas Roth, a senior director at the Nuclear Threat Initiative, which advises governments and benchmarks countries' preparedness on nuclear security. The breach also underscores how hacks have become more common in India, where many companies are ill-equipped to deal with such threats.

Reuters reviewed the documents, which were dated from 2016 to mid-2025, but could not verify their authenticity. In addition to some blueprints and supplier details, they purportedly show meeting and inspection records, equipment reviews and insurance policies.

The 19,000 files appeared to be the most sensitive of a total 858,000 Reliance files on the World Leaks website.

One of the conglomerate's subsidiaries, Reliance Infrastructure RLIN.NS, won a contract in 2018 to design and build infrastructure for the plant's Unit 3 and Unit 4. Both units, still under construction, are due to be operational by 2027 and are slated to provide a combined 2,000 megawatts of capacity.

World Leaks, a well-known ransomware group that has previously targeted Nike NKE.N and India's Tata Group, did not respond to Reuters queries on the Reliance data breach. The group typically posts stolen corporate data on its website after companies decline to pay the ransom demanded. Its website can only be accessed with a specialised browser.

In June, World Leaks told Reuters it had sought $1.5 million in ransom for Tata Group files that contained confidential component designs of clients Apple AAPL.O and Tesla TSLA.O, adding that it posted the data after Tata "ignored" its demand.

SUSPICIOUS ACTIVITY ON SERVER IN MAY

The Nuclear Power Corporation of India, which commissions and operates the country's nuclear power plants, has been communicating with Reliance about the breach and India's main cybersecurity agency — the Indian Computer Emergency Response Team (CERT-In) — is looking into the incident, according to a source familiar with the matter. The source declined to be identified due to the sensitivity of the issue.

Nuclear Power Corporation Chairman Rajesh Veeraraghavan, CERT-In and the government's main press office did not respond to repeated requests for comment.

Yotta said in a statement it had noted suspicious activity on May 29 on a server it hosts that belongs to Reliance Infrastructure. It said the activity was immediately terminated and that the suspected ransomware execution was prevented, but Reliance Infrastructure informed it at the end of June that there had been claims of a data breach made by "external threat actors."

Yotta said it has not been able to verify the claims of the "threat actor", but added that it has shared its detailed technical investigation with Reliance Infrastructure and supports an ongoing investigation.

India's Department of Atomic Energy declined to comment, while Modi's office did not respond to Reuters queries.

BLUEPRINTS AND INSURANCE POLICIES

The documents posted on World Leaks do not appear to relate to the nuclear reactors' core systems, which are supplied by Russia's state-owned Rosatom.

They did contain purported blueprints for the ventilation and cooling systems used in Unit 3 and Unit 4, as well as what appeared to be the complete floor layout of a "common control room".

The files also included what appeared to be vendor proposals, a list of approved suppliers, and a record of a 2024 meeting about a joint inspection by the Nuclear Power Corporation and Reliance, with photos of equipment.

Another document purports to show that Reliance Infrastructure and the Nuclear Power Corporation had taken out an insurance policy that would entitle them to $112 million if either Unit 3 or Unit 4 were to suffer an act of terrorism.

The files, in the hands of bad actors, could in theory be exploited to map the plant's support systems, identify its suppliers and pinpoint weaknesses in its security chain, according to researchers.

They could "show an adversary not just who has access to the project but which systems that access reaches," said Nuclear Threat Initiative's Roth.

India ranks third among a list of countries suffering the most data breaches, with 28.9 million accounts compromised last year, lagging only the United States and France, according to cybersecurity company Surfshark.

A report last year by the Data Security Council of India and cybersecurity firm Seqrite said that of 204 organisations surveyed across India, some 73% were "unaware if they have ever been attacked" while 57% lack cyber hygiene practices.

It is also the second time that the Kudankulam plant has been linked to a cyber incident, with malware tied to a North Korean hacker group found on the plant's administrative network in 2019. At the time, the Nuclear Power Corporation said the matter was investigated immediately and plant systems were not affected.

(Reporting by Munsif Vengattil in Bengaluru and Aditya Kalra in New Delhi; Editing by Edwina Gibbs)

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July 7 (Reuters) - South West Pinnacle Exploration Ltd SWPI.NS:

• GOT ORDER WORTH 1.67 BILLION RUPEES FROM RELIANCE INDUSTRIES

Further company coverage: SWPI.NS

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MUMBAI, July 3 (Reuters) - India's Jio Credit plans to raise up to 10 billion rupees ($105.03 million), including a greenshoe option of 5 billion rupees, through a sale of bonds maturing in three years, three bankers said on Friday.

It has invited coupon and commitment bids for the issue on Monday, they said.

The company did not immediately respond to a Reuters email seeking comment.

Here is the list of deals reported so far on July 3:

*Size includes base plus greenshoe for some issues

($1 = 95.2100 Indian rupees)

(Reporting by Dharamraj Dhutia and Khushi Malhotra)

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July 2 (Reuters) - Danish brewer Carlsberg CARLb.CO has confidentially filed draft papers for an initial public offering of its Indian unit that could raise as much as $700 million, Bloomberg News reported on Thursday, citing people familiar with the matter.

The listing is expected to involve a secondary share sale and could take place later this year, the report said.

Reuters could not immediately verify the report and Carlsberg did not respond to a request for comment.

Details of the IPO, including the size, structure and timing of the transaction, could still change, Bloomberg said.

The potential listing will add to an already busy year for India's IPO market, where heavyweight offerings from Jio Platforms and the National Stock Exchange of India NSEI.NS could test investor appetite.

Jio's planned $3.8 billion offering could become India's biggest-ever listing, while NSE's long-awaited debut is also expected to rank among the largest.

(Reporting by Mridula Kumar in Bengaluru; Editing by Sonia Cheema)

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July 1 (Reuters) - NIKKEI:

• JAPAN TO OFFER TRADE INSURANCE ON LOAN FOR RELIANCE'S INDIA SOLAR, BATTERY EFFORT - NIKKEI

• JAPAN TO PROVIDE TRADE INSURANCE ON 100 BILLION YEN SYNDICATED LOAN TO RELIANCE INDUSTRIES - NIKKEI

• NIPPON EXPORT AND INVESTMENT INSURANCE & RELIANCE WILL SIGN MEMORANDUM OF UNDERSTANDING ON JULY 2 - NIKKEI

• TOTAL OF 7 BANKS LED BY JAPAN'S MUFG BANK WILL JOIN FORCES TO PROVIDE FINANCING IN YEN AND DOLLARS TO RELIANCE INDUSTRIES - NIKKEI

Further company coverage: RELI.NS

(([email protected];))

June 25 (Reuters) - Reliance Industries Ltd RELI.NS:

• INDIA MARKETS REGULATOR SEEKS CLARIFICATION FROM JIO PLATFORMS ON ITS IPO FILING- SEBI DOCUMENT

Further company coverage: RELI.NS

(([email protected];))