Top headlines: RIL Q2 beats estimates, Cairn hoping to recover $4 bn

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RIL Q2 net profit jumps 43% to Rs 13,680 crore, beats estimates

Mukesh Ambani-led Reliance Industries Ltd (RIL) on Friday reported consolidated net profit of Rs 13,680 crore in the September quarter (Q2), up 43 per cent from the same period last year, on improved performance across key businesses even as finance cost fell 37 per cent on a year-on-year basis. Read more

Cairn Oil and Gas hopes to recover around $4-billion investment

Cairn Oil and Gas wants the government to incentivise enhanced recovery techniques in the oil and gas industry by bringing down levies to