Reliance Brands already runs high-end stores in India with some 40 foreign partners. Reuters
Reliance Industries’s June-quarter profit rose 7 per cent, as double-digit growth in the Indian conglomerate’s retail and telecoms businesses helped offset its worst oil refining margins in 18 quarters.
Rebutting rumours about the financial health of Reliance Group, its Chairman Anil D. Ambani on Tuesday said the Group has met debt servicing obligation of Rs 35,000 crore during the period from April 1, 2018 to May 31, 2019.
Higher food prices accelerated India’s April retail inflation to 2.92 per cent from 2.86 per cent in March, official data showed on Monday. However, on a year-on-year (YoY) basis, the Consumer Price Index (CPI) in April 2019 was lower than the corresponding period of last year when retail inflation stood at 4.58 per cent.
India’s Reliance Industries, operator of the world’s biggest refining complex, posted a record net profit on Thursday as strong growth in retail and telecom businesses offset the impact of 17-quarter low refining margins. Reliance, controlled by billionaire Mukesh Ambani, said
The UAE’s Ministry of Defence signed 15 deals at a total value of more than Dhs3 billions on the third day of Dubai Airshow 2019, a senior official said on Wednesday.
In his capacity as Ruler of Dubai, His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, enacted a new DIFC Intellectual Property Law,
The Ajman Chamber of Commerce and Industry (ACCI) and a delegation from Russia reviewed the ways to enhance the cooperation in various sectors. Abdullah Al Muwaiji, Chairman