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Bolstered by revenue growth in its oil and gas business and higher margins in its core refining business, the quarterly net profit of <keyword id="6487" type="CITY" weightage="100" keywordseo="Reliance-Industries-Ltd">Reliance Industries Ltd</keyword> (RIL) surpassed market expectations. 
 
Reliance said average gross refining margin increased to $8.7 per barrel for the April-June quarter of FY2014-15 from $8.4 per barrel in the same period a last year. 
 
A 27% increase in sales at its oil and gas exploration and production business helped the Mukesh Ambani-led company register a 13.7% rise in the net profit. 
 Investors have been fretting about Reliance's oil and gas exploration business, which has been suffering a sharp decline in gas output from the <keyword id="1725393" type="UNKNOWN" weightage="100" keywordseo="Krishna-Godavari-D6-block">Krishna Godavari D6 block</keyword> for more than two years. 
 According to Reliance, unexpected geology was the reason behind the decline in output, but this has been rejected by the <keyword id="46040" type="ORGANIZATION" weightage="100" keywordseo="Oil-ministry">Oil Ministry</keyword>, which believes output has fallen due to non-drilling of the promised number of wells. 
 
Reliance and its partners in the block - BP Plc and Niko Resource - are in arbitration with the government over the issue. 
 
Alok Agarwal, the chief financial officer of Reliance, said the company had not made any provisions related to the matter. "We have said that a better gas price is a prerequisite for investment and nothing has changed," Agarwal said.

Reliance Q1 Profit Surpasses Estimates

<keyword id="3658" type="General" weightage="20" keywordseo="India" source="Orion">India</keyword>, a land of diverse landscapes and rich natural beauty, is blessed with numerous <keyword id="6410614" type="General" weightage="20" keywordseo="Rivers" source="Orion">rivers</keyword> that play a crucial role in shaping the country's geography, culture, and economy. These rivers are not merely water bodies; they are lifelines that have sustained civilizations for centuries. In this article, we will delve into the 10 biggest and most <keyword id="19752028" type="General" weightage="100" keywordseo="Famous-Rivers-in-India" source="Orion">famous rivers in India</keyword>, celebrating their significance and the myriad ways they contribute to the nation's vitality. Ganga: The Ganga, often referred to as the holiest river in India, holds profound religious and cultural importance. Originating from the Gangotri Glacier in the Himalayas, it flows through the plains, touching states like Uttarakhand, Uttar Pradesh, Bihar, and West Bengal. The Ganga supports a vast ecosystem and is integral to various religious practices, making it a symbol of purity and spirituality. Yamuna: Flowing parallel to the Ganga, the Yamuna is another major river in Northern India. It originates from the Yamunotri Glacier and passes through states such as Uttarakhand, Haryana, and Delhi. The Yamuna is a tributary of the Ganga and is revered in Hindu mythology, playing a crucial role in the cultural and historical narrative of the region. Brahmaputra: Known as the 'Son of Brahma,' the Brahmaputra is one of the major rivers in India, originating from Tibet and flowing through the northeastern states. It carves its way through the picturesque landscapes of Arunachal Pradesh and Assam, providing life-sustaining water to the plains. The Brahmaputra is also known for its vibrant biodiversity, supporting unique flora and fauna. Indus: Although the majority of the Indus River flows through Pakistan, it originates in Tibet and has a significant part of its basin in India. The river played a vital role in the ancient Indus Valley Civilization, showcasing its historical importance. Today, it continues to be a source of sustenance for communities in the northern regions of India. Godavari: The Godavari, often hailed as the 'Dakshin Ganga' or the Ganges of the South, is the second-longest river in India. Originating from the central Indian state of Maharashtra, it flows eastward through Telangana and Andhra Pradesh before emptying into the Bay of Bengal. The Godavari is not only a source of water but also a cultural and economic lifeline for the regions it traverses. Krishna: The Krishna River, originating in the Western Ghats, flows through Maharashtra, Karnataka, and Andhra Pradesh. Known for its significance in Hindu mythology, the Krishna River supports agriculture and provides drinking water to several cities in its basin. The river's dams and reservoirs play a crucial role in water management and power generation. Narmada: Flowing through the central part of India, the Narmada River holds cultural and historical importance. Originating in Madhya Pradesh, it flows westward, creating a natural boundary between North India and the Deccan Plateau. The Narmada is revered as a sacred river and is home to the famous marble rocks at Bhedaghat in Jabalpur. Tapi: The Tapi River, originating in the Satpura Range of central India, flows through the states of Madhya Pradesh, Maharashtra, and Gujarat. Although not as extensively mentioned in ancient texts, the Tapi is a vital river for the regions it traverses, supporting agriculture and local economies. Mahanadi: Originating in the Chhattisgarh region, the Mahanadi River flows through Odisha before emptying into the Bay of Bengal. This river is crucial for the agricultural practices in the region, providing water for irrigation and supporting a variety of crops. The Mahanadi Delta is known for its rich biodiversity and estuarine ecosystems. Kaveri (Cauvery): The Kaveri River, originating in the Western Ghats, flows through the states of Karnataka and Tamil Nadu. It is one of the most important rivers in South India, playing a vital role in agriculture and supporting the livelihoods of millions. The Kaveri has a cultural significance, and its waters are central to religious practices in the region. India's rivers are not only watercourses but are deeply intertwined with its cultural, historical, and ecological fabric. From the spiritual significance of the Ganga to the vibrant ecosystems of the Brahmaputra, each river contributes uniquely to the diverse tapestry of the nation. Understanding and appreciating the importance of these rivers is essential for sustainable water management and the preservation of India's natural heritage. Note: The article is based on content generated by AI models like Bard and Chatgpt.

Exploring the majestic rivers of India: A glimpse into nature's lifelines

<keyword id="37102" type="General" weightage="100" keywordseo="Andhra-Pradesh" source="Orion">Andhra Pradesh</keyword>, a state renowned for its rich cultural heritage, stunning coastlines, and vibrant traditions, is a treasure trove for travelers. While popular destinations like Tirupati, Vishakhapatnam, and Amaravati often steal the limelight, there are numerous lesser-known places scattered across the state waiting to be discovered by intrepid adventurers. If you're seeking to explore beyond the usual tourist circuits, here are some hidden gems in Andhra Pradesh that promise unforgettable experiences. <keyword id="345760" type="General" weightage="20" keywordseo="Gandikota" source="Orion">Gandikota</keyword> Dubbed as the "Grand Canyon of India," Gandikota is a breathtaking canyon formed by the Pennar River cutting through the Erramala Hills. The mesmerizing landscape, adorned with ancient temples and forts, offers a perfect blend of history and natural beauty. Camping under the star-studded sky amidst the rugged terrain is an experience not to be missed. <keyword id="3043906" type="General" weightage="20" keywordseo="Lambasingi" source="Orion">Lambasingi</keyword> Tucked away in the Eastern Ghats, Lambasingi is often referred to as the "Kashmir of Andhra Pradesh" due to its chilly climate. This quaint hill station is known for its misty mornings, lush coffee plantations, and serene ambiance. Trekking through the mist-laden trails and witnessing the sunrise amidst the mist-covered valleys is truly magical. <keyword id="2825924" type="General" weightage="20" keywordseo="Belum-Caves" source="Orion">Belum Caves</keyword> Delve into the subterranean world of Belum Caves, one of the longest cave systems in India. Located in Kurnool district, these ancient limestone caves boast awe-inspiring stalactite and stalagmite formations, underground streams, and intricate passages. Exploring the eerie depths of Belum Caves is a thrilling adventure for spelunking enthusiasts. <keyword id="433348" type="General" weightage="20" keywordseo="Kolleru-Lake" source="Orion">Kolleru Lake</keyword> Nestled between Krishna and Godavari deltas, Kolleru Lake is one of the largest freshwater lakes in India and a haven for avian enthusiasts. This biodiverse wetland sanctuary serves as a vital habitat for migratory birds like painted storks, pelicans, and herons. Embark on a serene boat ride across the tranquil waters to witness the avian spectacle amidst pristine natural surroundings. <keyword id="1121008" type="General" weightage="20" keywordseo="Horsley-Hills" source="Orion">Horsley Hills</keyword> Escape to the tranquil environs of Horsley Hills, a picturesque hill station nestled in the Chittoor district. Blanketed with verdant forests, rolling hills, and meandering streams, this idyllic retreat offers respite from the hustle and bustle of city life. Adventure seekers can indulge in activities like trekking, ziplining, and rappelling amidst the scenic landscape. <keyword id="1776735" type="General" weightage="20" keywordseo="Talakona-Waterfalls" source="Orion">Talakona Waterfalls</keyword> Hidden amidst the lush Nallamala forests, Talakona Waterfalls cascades from a towering height of 270 feet, making it the highest waterfall in Andhra Pradesh. Trek through the verdant trails adorned with exotic flora and fauna to reach this natural marvel. The rejuvenating plunge pool at the base of the waterfall offers a refreshing escape from the sweltering heat. <keyword id="145852" type="General" weightage="20" keywordseo="Kondaveedu-Fort" source="Orion">Kondaveedu Fort</keyword> Perched atop a picturesque hill in Guntur district, Kondaveedu Fort is a testament to Andhra Pradesh's rich historical legacy. Dating back to the 14th century, this ancient fortress boasts majestic gateways, intricate carvings, and panoramic views of the surrounding plains. Explore the ruins of the fort and soak in the aura of bygone eras while relishing the panoramic vistas. Mypadu Beach Escape the tourist crowds and unwind at the pristine shores of Mypadu Beach, a hidden gem along the Bay of Bengal coastline. Blessed with golden sands, azure waters, and swaying palm trees, this tranquil beach offers the perfect setting for a leisurely retreat. Enjoy a serene stroll along the shore, indulge in water sports, or simply bask in the warm sunshine amidst tranquil surroundings. <keyword id="14507664" type="General" weightage="20" keywordseo="Nelapattu-Bird-Sanctuary" source="Orion">Nelapattu Bird Sanctuary</keyword> Discover the avian wonders of Nelapattu Bird Sanctuary, a tranquil haven for birdwatchers situated in Nellore district. Home to migratory birds like flamingos, pelicans, and herons, this serene sanctuary offers a glimpse into the rich avifauna diversity of Andhra Pradesh. Embark on a serene boat ride or stroll along the tranquil pathways amidst the serene wetlands to witness the avian spectacle in its natural habitat. From hidden waterfalls and ancient forts to serene beaches and biodiverse sanctuaries, Andhra Pradesh is replete with hidden gems waiting to be explored. Embrace the spirit of adventure and embark on a journey to uncover the lesser-known treasures that this enchanting state has to offer. Note: The article is based on content generated by AI models like Bard and Chatgpt.

Unveiling Andhra Pradesh: Lesser-Known Gems Worth Exploring

<keyword id="19938772" type="General" weightage="20" keywordseo="Reliance-Industries-Ltd" source="keywords" meta.keywordsubtype="org" meta.entityname="Reliance Industries Ltd" meta.hostid="261" meta.entityid="Reliance Industries Ltd">Reliance Industries Ltd</keyword> on Monday reported an almost flat March quarter net profit, while its annual earnings hit a record high on the back of a recovery in its core oil and petrochemicals business and sustained momentum across the consumer-facing telecom and retail businesses. The oil-to-telecom-and-retail conglomerate's consolidated net profit stood at Rs 18,951 crore, or Rs 28.01 per share, in January-March quarter of the 2023-24 fiscal compared to Rs 19,299 crore, or Rs 28.52 a share, a year ago, according to a company's stock exchange filing. The profit was, however, higher quarter-on-quarter when compared to Rs 17,265 crore in October-December period. For the full fiscal FY24 (April 2023 to March 2024), Reliance posted a record net profit of Rs 69,621 crore as compared to Rs 66,702 crore earnings in the preceding financial year. Reliance also became the first Indian company to hit Rs 10 lakh crore turnover in FY24 when revenue from operations rose 2.6 per cent from Rs 9.74 lakh crore in 2022-23. The oil-to-chemicals (O2C) business, the main milch cow, posted a rise in profitability annually as well as sequentially, while retail business' earnings rose on new store openings despite lower footfalls. The firm helmed by billionaire <keyword id="19916798" type="General" weightage="20" keywordseo="Mukesh-Ambani" source="keywords">Mukesh Ambani</keyword> saw telecom revenues soar as it outpaced competition in subscriber addition and data traffic. While quarterly EBITDA (earnings before interest, taxes, depreciation, and amortization) was up 14.3 per cent year-on-year to Rs 47,150 crore, registering growth across all businesses, the revenue from operations rose almost 11 per cent to Rs 2.64 lakh crore. The mainstay oil refining and petrochemicals business, called O2C, posted a 11 per cent rise in revenue and a 3 per cent higher EBITDA at Rs 16,777 crore in Q4. This was primarily because of "advantageous" sourcing of feedstock (crude oil) for refining business and use of ethane for making chemicals as well as higher domestic product placement, a company statement said, adding exports were down 8.5 per cent. With the consumer base swelling to 481.8 million from 470.9 million at the end of December on a flat per-user revenues of Rs 181.7, Reliance <keyword id="21397660" type="General" weightage="20" keywordseo="Jio-Infocomm-Ltd" source="keywords" meta.keywordsubtype="org" meta.entityname="Jio Infocomm Ltd" meta.hostid="261" meta.entityid="Jio Infocomm Ltd">Jio Infocomm Ltd</keyword> - the digital services business - posted a 12 per cent rise in net profit at Rs 5,583 crore in the fourth quarter of FY24. Also, aiding the business was rise in data traffic to 40.9 billion GB in January-March from 38.1 billion GB in the preceding quarter. For the full year, Jio posted a profit of Rs 21,424 crore as compared to Rs 19,124 crore in FY23. Profits from the retail business climbed 11.7 per cent to Rs 2,698 crore as store count rose to 18,836 from 18,774. Store footfalls dropped to 272 million from 282 million in October-December 2023 but were higher than 219 million recorded in January-March 2023. Oil and gas EBITDA soared 47.5 per cent to Rs 5,606 crore as higher gas volumes partly offset lower price realisation. The firm's flagship KG-D6 block in Krishna Godavari basin in the Bay of Bengal is now producing about 30 million standard cubic metres per day of gas and 23,000 barrels a day of oil/condensate. The company said its outstanding debt rose to Rs 3.24 lakh crore from Rs 3.11 lakh crore in December-end. After accounting for cash in hand, net debt at Rs 1.16 lakh crore as on March 31 was lower than Rs 1.25 lakh crore a year back. Mukesh Ambani, Chairman and Managing Director of <keyword id="20076630" type="General" weightage="20" keywordseo="reliance-industries-limited" source="keywords">Reliance Industries Limited</keyword>, said all segments of business have posted a robust financial and operating performance. "This has helped the Company achieve multiple milestones. I am happy to share that this year, Reliance became the first Indian company to cross the Rs 1 lakh-crore threshold in pre-tax profits," he said. Performance of the digital services segment has been boosted by accelerated expansion of subscriber base, supported by both mobility and fixed wireless services, he said. "With over 108 million True 5G customers, Jio truly leads the 5G transformation in India." <keyword id="19901342" type="General" weightage="20" keywordseo="reliance-retail" source="keywords">Reliance Retail</keyword>, he said, continued to provide customers endless choices through its robust omni-channel presence. "We continue to offer product differentiation and superior offline experience through stores re-modelling and revamping of layouts. Our digital commerce platforms also provide newer solutions to users with a broad brand catalogue," Ambani said. Strong demand for fuels globally, and limited flexibility in refining system worldwide supported margins and profitability of the O2C segment. "Downstream chemical industry experienced increasingly challenging market conditions through the year. Despite headwinds, maintaining leading product positions and feedstock flexibility through our operating model that prioritises cost management, we delivered a resilient performance," he said. "We remain committed to our projects and initiatives, including those in the new energy segment, which will bolster the company, and help it deliver sustainable growth for the future," he added. SEE ALSO:<a href="https://www.businessinsider.in/stock-market/news/vodafone-idea-fpo-allotment-how-to-check-allotment-gmp-and-more/articleshow/109504341.cms" target="_blank"></a> <a href="https://www.businessinsider.in/stock-market/news/vodafone-idea-fpo-allotment-how-to-check-allotment-gmp-and-more/articleshow/109504341.cms" target="_blank">Vodafone Idea FPO allotment – How to check allotment, GMP and more</a><a href="https://www.businessinsider.in/tech/mobile/news/google-pixel-8a-may-be-more-expensive-than-its-predecessor-as-per-a-new-leak/articleshow/109499394.cms" target="_blank"></a> <a href="https://www.businessinsider.in/tech/mobile/news/google-pixel-8a-may-be-more-expensive-than-its-predecessor-as-per-a-new-leak/articleshow/109499394.cms" target="_blank">Google Pixel 8a may be more expensive than its predecessor, as per a new leak</a><a href="https://www.businessinsider.in/sports/webstories/at-17-indian-chess-prodigy-d-gukesh-becomes-youngest-challenger-for-world-championship/slidelist/109492021.cms" target="_blank"></a> <a href="https://www.businessinsider.in/sports/webstories/at-17-indian-chess-prodigy-d-gukesh-becomes-youngest-challenger-for-world-championship/slidelist/109492021.cms" target="_blank">At 17, Indian chess prodigy D Gukesh becomes youngest challenger for World Championship</a>

Reliance Industries quarterly profit stays flat; annual earnings hit record at ₹69,621 crore

<ul><li><keyword id="10926" type="CITY" weightage="20" keywordseo="Reliance">Reliance</keyword> Industries and <keyword id="32848" type="ORGANIZATION" weightage="20" keywordseo="BP">BP</keyword> have started the production from the R Cluster, ultra-deep-water gas field in block KG D6 off the east coast of India.</li><li>KG D6, which is the Krishna Godavari Dhirubhai 6, was Reliance’s first offshore gas field development. </li><li>Located at a water depth of over 2000 meters, it is the deepest offshore gas field in Asia, according to the company. </li></ul>Reliance Industries and BP have started the production from the R Cluster, ultra-deep-water gas field in block KG D6 off the east coast of India. The oil fields in the Krishna-Godavari basin, popularly known as KG-D6, was Reliance’s first offshore gas field development. Discovered in 2002, the KG D6 is also India’s largest deposit of natural gas. Through the three clusters of Reliance in KG D6 – R Cluster, Satellites Cluster and MJ, Located at a water depth of greater than 2000 meters, it is the deepest offshore gas field in Asia, the company said in a statement. . The Mukesh Ambani-led company hopes to produce 15% of India’s total gas consumption. According to <a href="https://www.businesstoday.in/current/corporate/ril-bp-set-start-gas-production-r-series-invest-rs-40000-crore/story/423436.html">reports</a>, production from Satellites Cluster and MJ is expected to begin in FY22. “This is a significant milestone in India's energy landscape, for a cleaner and greener gas-based economy. Through our deep-water infrastructure in the Krishna Godavari basin we expect to produce gas and meet the growing clean energy requirements of the nation,” said <keyword id="3820" type="PERSON" weightage="20" keywordseo="Mukesh-Ambani">Mukesh Ambani</keyword>, Chairman and Managing Director of Reliance Industries Limited in a statement. Reliance and bp are together investing ₹40,000 crore into KG-D6. Earlier, BP had invested $1 billion for a 49% stake in the joint venture called “Jio-bp”, with <keyword id="6484187" type="COMPANY" weightage="20" keywordseo="ril">RIL</keyword> holding 51%. SEE ALSO: <a href="https://www.businessinsider.in/business/news/ikea-india-cfo-says-she-still-has-3500-crore-to-be-spent-in-india-the-pandemic-has-changed-targets-but-not-the-investment-plan/articleshow/79790938.cms">INTERVIEW: Ikea CFO says she still has ₹3,500 crore to be spent in India⁠— the pandemic has changed targets but not the investment plan</a> <a href="https://www.businessinsider.in/science/health/news/india-will-produce-300-million-doses-of-the-russian-sputnik-v-covid-19-vaccine-next-year/articleshow/79795341.cms">India will produce 300 million doses of the Russian Sputnik V COVID-19 vaccine next year</a> <a href="https://www.businessinsider.in/business/ecommerce/news/flipkart-shares-new-data-how-the-indian-heartland-is-turning-into-a-business-for-the-e-commerce-giant/articleshow/79792821.cms">Flipkart shares new data on how the Indian heartland is turning into a big business for the e-commerce giant</a>

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Reliance Q1 Profit Surpasses Estimates

BI India Bureau

Exploring the majestic rivers of India: A glimpse into nature's lifelines

Ayush

Shagun

Unveiling Andhra Pradesh: Lesser-Known Gems Worth Exploring

BI India Bureau

Reliance Industries quarterly profit stays flat; annual earnings hit record at ₹69,621 crore

PTI

Reliance and BP start production from KG-D6 oil field – off the coast of Kakinada

Sanchita Dash

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