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RIL Q3FY22 results preview: O2C, retail to drive Reliance profit, revenue; green energy foray to aid growth

Mukesh Ambani’s Reliance Industries Ltd is likely to see a rise in profit and revenues on the back of improvement in refining, petrochemicals and retail performance, when it reports its fiscal third quarter earnings on Friday Mukesh Ambani’s Reliance Industries Ltd is likely to see a rise in profit and revenues on the back of …

Reliance joins calls for India to tighten marketplace rules, sources say

Traditional retailers raised concerns during Tuesday’s meeting, called by India’s industry promotion department, and were supported by a senior Reliance executive. Indian retailer Reliance has called for tighter regulation of marketplace e-commerce platforms to ensure such websites treat all sellers equally, four sources told Reuters. While India’s biggest retailer, with more than 12,000 stores, expanded …

Reliance Industries to invest over Rs 5 lakh cr in green energy in Gujarat; scouting land for 100 GW projects

Mukesh Ambani’s Reliance Industries Ltd will invest nearly Rs 6 lakh crore in green energy and other projects in Gujarat, it said on Thursday Mukesh Ambani’s Reliance Industries Ltd will invest nearly Rs 6 lakh crore in green energy and other projects in Gujarat, it said on Thursday. RIL has already begun scouting land for …

Jio brings back Rs 499 prepaid recharge plan with free one-year Disney+ Hotstar subscription; Details

The Rs 499 prepaid recharge comes with a year’s subscription of the mobile-only version of Disney+ Hotstar that costs Rs 499 a year. Reliance Jio has revived its popular Rs 499 prepaid plan, bundled with subscription to Disney+ Hotstar mobile. The plan is now the cheapest one with a bundled OTT subscription. The Reliance Industries …

India’s top Philanthropists: 11 Industrialists donate over 100 crore in FY21; Azim Premji retains top spot

Wipro’s Azim Premji retained the top spot among philanthropist billionaires of India for a second time. Image: PTI India saw 11 individuals making an annual donation of over Rs 100 crore in the financial year 2020-21. Wipro’s Azim Premji retained the top spot among philanthropist billionaires of India for a second time. Premji hiked his …

RIL partly paid shares to delist; sell your stock or make final payment by this date to avoid forfeiting value

RIL partly paid-up shares are trading at Rs 1,879 per share today. (Image: REUTERS) Reliance Industries Ltd’s partly paid shares will delist from stock exchanges on 8 November, with the second and final call of Rs 628.50 per share due later this month. RIL has fixed 10 November as the record day for the final …

Tesla’s market cap now more than top 5 BSE companies combined; Elon Musk’s wealth grows $36 billion

Tesla is more valuable than the top 5 BSE listed companies combined. (Image: REUTERS) Elon Musk’s Tesla touched a new milestone on Monday, breaching the $1 trillion market capitalisation mark, as the stock price soared 12.66% on the back of a massive order from car-rental behemoth Hertz. With this surge in market cap, Tesla is …

Reliance Industries stock may extend stellar rally; analysts upbeat, check target price

Reliance Industries share price is up 7% so far this month. (Image: REUTERS) Mukesh Ambani’s Reliance Industries may extend its current rally and surge another 14% from today’s opening price, analysts say. The stock price has already jumped 7% so far this month, adding to its strong upward momentum that began in July this year. …

Antilia bomb scare: Sachin Waze returned to check if he forgot his police ID in the SUV, says NIA chargesheet

Sachin Waze returned to the scene two hours after parking an SUV there, because he allegedly feared that he had forgotten his police ID in the vehicle. The National Investigation Agency, in its chargesheet in the bomb scare outside industrialist Mukesh Ambani’s house, claims that dismissed Mumbai Police API Sachin Waze returned to the scene …

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