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India's Reliance reports drop in Q2 profit
Reliance Misses Profit Estimate on Poor Show by Energy Units
Reliance Industries Ltd., controlled by billionaire Mukesh Ambani, reported profit that again missed analysts’ estimates, as weak margins from its core oil refining business outweighed the benefits trickling in from higher telecom tariffs.
India's Reliance reports drop in Q2 profit as energy business weighs
India's Reliance Industries reported a drop in second-quarter profit on Monday, as its oil-to-chemicals (O2C) business grappled with lower margins, more than offsetting a boost from price increases for the company's mobile services.
India's Reliance Profits Drop On Weak Oil-to-chemicals Arm
Indian conglomerate Reliance Industries reported a drop in quarterly profits on Monday, weighed down by its core oil-to-chemicals arm even as its telecom division posted healthy growth.
Reliance Q2 Results Review: Net profit drops but brokerages remain bullish with up to 26% upside potential
Reliance Industries experienced a 5% YoY drop in Q2FY25 net profit to ₹16,563 crore, largely from its O2C segment. Yet, digital services and upstream business growth signal resilience, leading brokerages to uphold positive ratings and price targets amid ongoing challenges.
Musk, India and Reliance
Ambani's Reliance Lobbies India Minister on Satellite Spectrum in New Face-Off With Musk
NEW DELHI (Reuters) - Indian billionaire Mukesh Ambani's Reliance has privately argued that the telecom regulator incorrectly concluded that home satellite broadband spectrum should be allocated by New Delhi and not auctioned, intensifying a face-off with Elon Musk's Starlink.
Musk takes on Indian billionaires over satellite spectrum allocation
The fight over how India should allocate satellite broadband spectrum intensified on Tuesday as Elon Musk said any move by New Delhi to auction it, rather than allocate it, would be "unprecedented", challenging the position of rival billionaires.
Billionaires' Fight: Reliance, Starlink Face off Over Satellite Spectrum All You Need to Know
Elon Musk and Mukesh Ambani oppose each other over satellite spectrum allocation in India. While Musk's Starlink and its global peers back an administrative allocation, Ambani - who runs India's Reliance Jio - is arguing for an auction process.
10h
on MSN
Reliance Q2 results: Here’s how RIL stock likely to open tomorrow; Should you buy, sell or hold?
Investors will be paying close attention to the heavyweight stock on Tuesday, October 14, as the quarterly results are ...
cnbctv18
1h
Reliance Retail's Yousta plans to open over 1,000 stores in two years
Yousta, which competes directly with the likes of Trent’s Zudio, is currently opening a new store every few days.
7h
BMW CEO says Europe must cancel ban on petrol engines to reduce reliance on China
Europe must cancel its plan to ban new fossil fuel-emitting cars from 2035 to reduce reliance on China's battery supply chain ...
21m
on MSN
Reliance Jio launches JioBharat V3 and V4 phones; see features and pricing
Reliance Jio expands its affordable 4G feature phone lineup with the launch of JioBharat V3 and V4, aiming to bridge the ...
3h
Reliance Jio launches JioBharat V3 and JioBharat V4 4G feature phones with UPI support, Jio apps and services
Reliance Jio has announced two new feature phones – JioBharat V3 and JioBharat V4 4G – at the Indian Mobile Congress 2024.
5h
IMC 2024: Reliance Jio launches JioBharat V3 and V4 4G feature phones
Reliance Jio launches JioBharat V3 and V4 4G feature phones at India Mobile Congress 2024, supporting 23 Indian languages.
2h
on MSN
BMW CEO: Europe must cancel petrol engine ban to reduce reliance on China
Europe must cancel its plan to ban new fossil fuel-emitting cars from 2035 to reduce reliance on China's battery supply chain and play to its technological strengths, BMW's chief executive said on ...
4h
Reliance Jio launches JioBharat V3 and V4 phones with 4G features at ₹1099
Reliance Jio introduces JioBharat V3 and V4, affordable 4G feature phones with exclusive services and 128 GB storage.
4h
on MSN
India’s Reliance targets 2G users with $13 4G phones offering streaming, payments
Reliance's digital arm, Jio Platforms, has launched two new 4G-enabled handsets that offer access to live TV, music and video ...
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