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Net profit rose to ₹19,641 crore from ₹17,706 crore in the year earlier. Revenue from operations was up 3.2% to ₹2.48 lakh crore from ₹2.40 lakh crore.
Reliance Industries Ltd (RIL), Indias biggest company by market capitalisation, reported an 11% increase in consolidated net profit in the December quarter, supported by its telecom, retail and oil and gas businesses.
The near-term market trend will be influenced by a host of factors like the recent Q1 results, some major results expected this week and policy decisions like the US Federal Reserve meeting outcome on Wednesday, says V.K. Vijayakumar, Chief ...
30-year-old Akash Ambani, a non-executive director at India’s Reliance Jio Infocomm Ltd, was appointed as chairman of the board
Reliance Jio added 1.7 million wireless subscribers in October, while rivals Bharti Airtel and Vodafone Idea (Vi) lost subscribers.