Reliance Industries Q3 results: Profit up 9% to ₹17,625 cr in Dec quarter
The oil-to-telecom conglomerate witnessed growth in its profit in spite of higher finance, depreciation and tax costs.
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Ahead of Q2, RIL gets shareholders' nod to appoint Isha, Akash, Anant Ambani as non-executive directors
The development comes months after the board of directors of Reliance Industries approved the appointment of Isha, Akash and Anant as non-executive directors in August this year
Jio secured $2.2 bn funding from Swedish firm EKN for 5G rollout: RIL Annual Report
According to the company, Jio Infocomm has a 439.3 million subscriber base at present
RIL shares rise on double-digit increase in profit in March quarter
Following the company’s double-digit increase in profit in the March quarter, brokerage firms have given a 'buy' rating for the company.
O2C to drive RIL’s cash flow as retail, FMCG and 5G scale up
Reliance Industries net profit growth is expected to be 4-7% QoQ inQ4, according to research firms
Can data overtake oil in RIL?
RIL has boasted its oil business as the crown jewel, but the financial figures of its data operations, led by the Jio brand, are symbolic of the changing dynamics of India's bellwether company.
RIL aims to become India’s largest private employer
The aim is to add a million in headcount in three years, primarily in the retail arm, as the company transforms itself into an enterprise that now includes two mega consumer and technology businesses.
A strong balance sheet and RIL’s growth plans
The oil-to-telecom behemoth has created a strong balance sheet that supports growth plans for three hyper-growth engines—Jio, Retail, and O2C. And as part of CSR, it’s also in the healthcare space.
Pandemic poses hurdles for Reliance Retail
The oil-to-telecom conglomerate is trying its best to deal with the second wave of Covid-19-induced disruptions in its retail operations. But it will be difficult for Reliance Retail to escape unhurt.
Second wave of Covid-19 may hit India Inc’s recovery
The surge in Coronavirus cases across the country threatens to derail the growth reported by consumer-focussed companies in the March quarter.
