
Reliance, Adani among 55 prospective bidders in race for Future Retail
The bankrupt retailer failed to attract resolution plans in previous attempts
The bankrupt retailer failed to attract resolution plans in previous attempts
The Mukesh Ambani-led conglomerate posted a profit of ₹19,299 crore for the fourth quarter.
Reliance is expected to report single-digit growth in its top and bottom lines, while consolidated EBITDA is seen growing double-digit year-on-year in Q4 FY23.
The local search engine's stock gained 5% in intraday trade to ₹689 apiece on the National Stock Exchange (NSE).
Quick commerce players offer the lowest discounts due to their focus on convenience.
It will ramp up product manufacturing through tie-ups, besides setting up a pan-India dealer and distributor network.
Despite the recent fall, the share price of the chocolate maker has zoomed 200% in the last two months, from ₹96.4 on December 23 to ₹288.6 intraday on Tuesday.
Digital Rupee is issued in the same denominations as that of paper currency and coins currently in use.
RIL is enhancing gas production from KG Basin by 58% with the commissioning of MJ field by March.
Net debt rose to ₹110,248 crore from ₹3,862 crore in the last one year due to the rising capital expenditure.