Reliance Industries Limited (RIL), one of India's largest conglomerates, has received a vote of confidence from Moody's Investors Service. The global rating agency has reaffirmed its Baa2 credit rating with a stable outlook for RIL's Senior Unsecured USD Denominated Fixed Rate Notes.

Rating Details

Moody's reaffirmation of the Baa2 rating reflects its assessment of RIL's creditworthiness. Here's a breakdown of the rating:

The Baa2 rating is considered investment grade and indicates that RIL's obligations are subject to moderate credit risk. They are considered medium-grade and may possess certain speculative characteristics.

Significance of the Rating

The stable outlook suggests that Moody's expects RIL's credit profile to remain consistent with the current rating over the medium term. This reaffirmation is a positive signal for investors and stakeholders, as it indicates:

1. RIL's continued financial stability
2. The company's ability to meet its financial obligations
3. A balanced view of RIL's business prospects and financial management

Communication and Transparency

Reliance Industries promptly communicated this rating action to the stock exchanges, demonstrating its commitment to transparency. The company informed both the BSE (Bombay Stock Exchange) and NSE (National Stock Exchange) through official channels.

Additional Rating Actions

It's worth noting that RIL has also received rating reaffirmations from other agencies. According to the LODR data:

These ratings further underscore the company's strong financial position across various debt instruments.

The consistent high ratings from multiple agencies suggest that Reliance Industries continues to maintain a robust financial profile, which is crucial for its ongoing operations and future growth strategies in various sectors including energy, telecommunications, and retail.

Reliance Industries Limited (RIL), one of India's largest conglomerates, has recently been in the spotlight due to a significant stake acquisition and a groundbreaking partnership in the artificial intelligence (AI) sector. These developments have caught the attention of investors and market watchers alike.

Bank of America's Strategic Investment

Bank of America, through its affiliate BofA Securities Europe SA, has made a substantial investment in Reliance Industries. The details of this transaction are as follows:

This block deal represents a strategic move by Bank of America, showcasing confidence in RIL's future prospects.

Stock Performance

Following this news, RIL's stock performance was as follows:

• Closing price: Rs 1,488.45
• Change: Down 1.04%

RIL shares have delivered an 11% return over the past year, outperforming both the BSE Sensex and Nifty indices.

Financial Performance

Reliance Industries has recently reported its financial results:

While the profit fell short of analyst estimates of Rs 18,643.00 crore, the revenue exceeded expectations of Rs 2.51 lakh crore, demonstrating the company's robust performance in a challenging economic environment.

Strategic Partnership with Google

Reliance Industries, through Reliance Intelligence Limited, has announced a strategic partnership with Google to accelerate AI adoption in India. Key highlights of this collaboration include:

1. Free Google AI Pro Access for Jio Users:

   • 18-month free access to Google AI Pro for eligible Jio users
   • Valued at Rs 35,100.00 per user
   • Initial rollout targeting 18- to 25-year-old users on unlimited 5G plans

2. AI Hardware Acceleration:

   • Partnership with Google Cloud to broaden access to Tensor Processing Units (TPUs)
   • Aim to enable organizations to train and deploy larger, more complex AI models

3. Gemini Enterprise for Indian Businesses:

   • Reliance Intelligence becomes a strategic go-to-market partner for Google Cloud
   • Focus on driving adoption of Gemini Enterprise across Indian organizations

This partnership aligns with Reliance's vision of 'AI for All' and aims to democratize AI access across India.

Corporate Actions

RIL has announced the voluntary liquidation of its step-down wholly owned subsidiary, REC Systems (Thailand) Co., Ltd., effective October 29, 2025. This subsidiary had a minimal impact on RIL's consolidated financials, contributing only 0.00005% to the turnover and 0.00010% to the net worth for the financial year 2024-25.

These developments underscore Reliance Industries' continued focus on strategic investments, technological advancements, and streamlining its corporate structure. As the company pushes forward with its AI initiatives and maintains its strong market position, investors and industry observers will be keenly watching its next moves in the evolving Indian and global markets.