Retail and telecom boost RIL’s Q2 net profit
The Mukesh Ambani-led company reported in-line earnings, with retail and telecom helping offset weakness in the petrochemicals business. No signs of deleveraging yet
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Powering the Jio pipe
Editor’s letter from the October 2019 edition.
RIL’s triple play: Consumers, investors, and partners
Deleveraging through asset sales, JioFiber, and New Commerce is chairman Mukesh Ambani’s prescription for RIL’s future growth
RIL, BP announce new JV for fuel retailing
The new JV in which 51% will be owned by Mukesh Ambani-led RIL will build a pan-India fuel retail service station network and also sell aviation fuel to airliners.
Promoters sell 11% in Zee to Invesco Oppenheimer
Announcement of the stake sale ends months of speculation regarding the suitor for Zee, and will help promoters deleverage the group’s balance sheet
RIL’s new quest for partnerships
Be it to monetise assets or acquire new technology, Reliance Industries is more than willing to work with new partners across businesses.
Fortune India 500: Avoiding the debt protocol
The biggest reduction in debt came from companies trying to avoid the noose of bankruptcy proceedings,while oil companies cashed in on falling crude oil prices to reduce their burden.
RCom: End of the road or last throw of the dice?
The Anil Ambani-led company’s decision to go for insolvency proceedings may force stakeholders to rethink their stance.
Indian telecom industry: The game of thrones
Vodafone Idea, Bharti Airtel, and Reliance Jio are fighting a bruising battle for the top spot in the market. The jury is out on who will win the price war unleashed by Jio’s rock-bottom rates .
How low-cost data is powering India
With data emerging as the most precious commodity of the 21st century, its abundant and low-cost availability is powering aspirations rooted in the digital world.
