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RIL's FY21 Annual Report shows improved quality of earnings


RIL s FY21 Annual Report shows improved quality of earnings
​ By
IANS
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Rupees.. Image Source: IANS News
New Delhi, June 6 : RIL s FY21 Annual Report showed improved quality of earnings, elevated capex, cashflows impacted by repayment of interest-bearing liabilities and sharp reduction in net debt, as per a report by Jefferies.
Digital and omnichannel are focus areas in Retail where disclosures didn t include segmental details. Driving 2G to 4G transition is the key focus area for Jio. Shift to renewables for captive consumption, increased ESG focus and higher chemical conversion are focus areas in O2C, the report said.
RIL extinguished $4.6bn capex creditors in FY21. Retail capex was elevated at $1.4bn partly led by Jiomart rollout. Facilities capex under Reliance Projects & Property Management Services was also elevated at $2.1bn. ....

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Climate Emergency Calls For Climate Hui In 2021


Friday, 29 January 2021, 7:23 am
A
Climate Citizens’ Assembly may be needed to make real
progress on the report of the Climate Change Commission,
says the Aotearoa Climate Emergency (ACE) President Phil
Saxby.
“The Commission aspires to ‘drive climate
action in Aotearoa’ but this can only be done through
public consent,” says Phil Saxby. “While there was
cross-party support for the idea of a Climate Change
Commission (which the UK has had since 2008), that does not
necessarily translate into public support for effective
climate action.”
The Climate Change Commissioner, Dr
Rod Carr, will be presenting plans on 1 February 2021 for
meeting, in stages, the Zero Carbon Act goals of Zero net ....

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