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flag Reliance Industries purchased a 21% stake in US helium firm Wavetech Helium Inc for $12 million on November 27, 2024.

flag Reliance Industries, led by Mukesh Ambani, has bought a 21% stake in US helium company Wavetech Helium Inc for $12 million. flag This move supports Reliance's goal to expand into low-carbon solutions. flag Helium, used in medical, research, aerospace, and semiconductor industries, sees rising demand due to AI and data center growth. flag The deal, finalized on November 27, 2024, isn't a related-party transaction.

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