Reliance Industries’ Q2 profit at Rs 17,400 crore, revenue jumps to Rs 2.3 lakh crore
Reliance Industries’ net profit for the quarter ended September 2023 came in at Rs 17,394 crore.
Reliance Industries Limited (RIL)
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Highlights from RIL’s 46th AGM: Here’s what’s in store for the future
The article covers the key highlights and announcements from the 46th Annual General Meeting (AGM) of Reliance Industries Limited (RIL) held on August 28, 2023. Some of the major announcements include the launch of JioAir Fibre on September 19, 2023, Jio Financial Services’ foray into the insurance segment, and the induction of Isha, Anant, and Akash Ambani into the board of directors of Reliance Industries. The AGM was held just weeks after the listing of Jio Financial Services on India’s stock exchanges.
Reliance Industries posts 19% YoY growth in PAT at Rs 19,300 crore, also posts its highest every quarterly PAT
Reliance Industries Limited reported its latest results in the form of PAT (Profit After Tax) at roughly Rs 19,300 crore
Mukesh Ambani resigns as Director of Reliance Jio, Akash Ambani to Chair board
Mukesh Ambani has resigned as the Managing director of Reliance Jio. Akash Ambani has been named the company’s Chairman of the Board.
Stock Market update: Reliance Industries shares up by 1% after raising $4 billion in bonds
The company will use the proceeds to refinance its existing debt and will repay the entire amount by 2032 and 2062.
CAIT demands action against Amazon for violating laws in India
CAIT has sought immediate response from the home minister, defence minister, commerce minister and finance minister on the recent CCI order on Amazon.
Reliance divests its stake from shale gas business in North America
In June 2015, the company sold its Eagle Ford midstream joint investment with Pioneer Natural Resources in the US for $1 billion.
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