S6/10Geopolitical

Reliance Founders Lift Stake by Most Since 2019 as Stock Slumps

Reliance Industries Ltd. founders, led by billionaire Mukesh Ambani, raised stake in the Indian oil-to-telecom conglomerate by the most in nearly seven years following the stock’s prolonged slump in the wake of the US-Iran war.

17 Jul 2026, 11:38 UTCSource: Bloomberg MarketsOriginal source

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