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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.
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
Eurozone consumer prices skyrocketed by a record 10 per cent in September, official data showed on Friday, as inflation reached double digits on the back
India’s central bank said a “bleak” global outlook warranted its fourth rate hike in five months on Friday, as Asia’s third-largest economy struggles under
A key measure of Sri Lanka’s consumer inflation surged to an annual record 69.8 per cent in September, official data showed on Friday, highlighting the challenge