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4 mins read

RIL tumbles nearly 4% on weaker than expected profits, slowdown in retail business and decline in Jio subscriber additions

Shares of oil-to-telecom conglomerate company owned by Mukesh Ambani were among the biggest losers …

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5 mins read

RIL’s Q3 net profit stays flat at ₹15,792 crore – retail and Jio deliver, while O2C drags due to weak demand

Oil-to-data giant Reliance Industries reported a net profit of ₹15,792 crore in Q3, slightly above …

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5 mins read

RIL’s Q4 net profit of ₹19,299 crore beats analyst expectations, driven by retail

Mukesh Ambani-led Reliance Industries on Friday reported a net profit of ₹66,702 crore for the full…

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4 mins read

Jio Financial Services demerger and listing a ‘key moment’ for Reliance stock

Reliance Industries' (RIL) Jio Financial Services (JFS) demerger, expected to take place in Septemb…

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3 mins read

Mukesh Ambani says he will make batteries ahead of a boom in electric vehicles⁠

The possibility of a stake sale to Saudi Arabia’s Aramco is only one part of the story behind Relia…

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2 mins read

RIL shareholders to get shares on 1:1 basis in soon to be listed JFSL

JFSL would be listed on the Indian stock exchanges. RSIL is currently a wholly-owned subsidiary …

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6 mins read

Nifty50 set to clock 10% increase in profit in Q3; banks likely to outperform

Yet another earnings season has begun, as always, with IT services companies reporting a mixed set …

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2 mins read

Reliance Retail to acquire B2B wholesaler Metro Cash & Carry for ₹2,850 crore

Reliance Retail Ventures (RRVL), the retail arm of Reliance Industries, has entered into an agreeme…

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3 mins read

Reliance Industries first Indian company to near $100 billion in revenue – profit remains under stress due to weaker petrochem margins

The Mukesh Ambani-led Reliance Industries has weathered the impact of geopolitical tensions — speci…

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2 mins read

Reliance Retail hits ₹2 lakh crore in revenue, adds over 2,500 stores in the last one year

Reliance Retail — a subsidiary of Reliance Industries Limited (RIL) — reported a consolidated gross…

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3 mins read

Windfall taxes won't take the wind off Reliance's earnings say experts

"With fuel export tax for refiners being reviewed every fortnight, we see limited impact on RIL's e…

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1 min read

Natural gas price increase negative for GAIL, IGL, marginal beneficiary is RIL: Jefferies

In a report, Jefferies said the CNG players have limited room to increase the prices given worse…

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2 mins read

Reliance Industries' net profit crosses ₹15,000 crore in September quarter

The net profit, on a YoY basis, rose to ₹15,479 crore. In a regulatory filing, the company r…

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4 mins read

Reliance Retail could touch new heights thanks to a muted third wave of COVID-19 and increased investments

According to ICICI Securities, a muted third wave of Covid-19 may see Reliance Retail’s EBITDA — or…

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2 mins read

Reliance could soon be ready with the IPOs of Jio and its retail business

"Following the rights issues and 24.7 per cent sell down in Jio, RIL is now effectively debt fr…

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4 mins read

Reliance stock tanks over 7% post earnings to lowest in 3 months — here's what brokerages are saying

The shares of Mukesh Ambani-owned Reliance Industries (RIL), India's most-valued company, tanked 7%…

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2 mins read

Reliance Retail, the cash cow for Mukesh Ambani’s RIL, may be hit by the second wave of the pandemic

Reliance Retail is going to face the worst impact of the second wave of COVID-19 in the first quart…

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3 mins read

Jio and Google to launch made-in India smartphones soon

To create an affordable yet powerful smartphone ecosystem for the masses in the country, Reliance J…

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3 mins read

RIL has a sobering quarter⁠— if not for Jio and stake sale to BP it would have been much worse

India's most-valued company Reliance Industries (RIL), owned by the country's richest man Mukesh Am…

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1 min read

Move over Jio, this is the segment Mukesh Ambani wants to disrupt now

At the head quarters of RIL in Mumbai, the Main Administrative Building is a temporary office s…