Page 84 - Reliance Industries

RIL Q3 results: Net profit jumps 42% to Rs 18,549 cr, beats estimates

Retail business quarterly revenue crosses Rs 50,000 cr

Reliance Retail sees 23.4% rise in net profit; revenues up 53.4%

All-time high revenues across all consumption baskets

RIL Q3 results: Net profit jumps 42% to Rs 18,549 cr; revenue climbs 54%

Reliance Jio Infocomm's net profit rose 10% to Rs 3,615 crore in Q3FY22

Sensex dips 427 pts, Nifty below 17,650; HUL adds 3%, Bajaj Finserv down 5%

Stock market LIVE: Sectorally, auto and FMCG were the only gainers on the Nifty wherein the latter was supported by gains in HUL and Asian Paints on the back of their strong Q3 results.

Stocks to Watch: RIL, Asian Paints, HUL, BoM, PNB Housing, VodaIdea, Biocon

Bandhan Bank, HDFC Life, Hindustan Zinc, Voda Idea, Inox Leisure, JSW Steel, Kajaria Ceramics, L&T Fin Holdings, PVR, Reliance Industries, SBI Life and Supriya Lifescience to announce results today

Reliance Industries may post strong growth in net profit, sales for Q3

The company's retail business is expected to witness a strong Ebitda mainly because of increased revenue, said brokerages

What will drive RIL's Q3 earnings?

After two straight days of bear hammering, equity markets may stabilize today. A sharp move on either side could be triggered by the earnings report card of index heavyweight Reliance Industries

Amazon's legal tangles are a cautionary tale for other investors in India

The e-commerce giant's long drawn-out saga with Future Retail raises two questions for prospective investors, or those who already have business interests in India.

Reliance Retail acquires about 55% stake in Addverb Technologies: RIL

Reliance Retail had acquired about 55 per cent stake in robotics firm Addverb Technologies in July 2021, Indian conglomerate Reliance Industries Limited said in a filing on Wednesday. Addverb Technologies co-founder and CEO Sangeet Kumar has told PTI that Reliance Retail has invested USD 132 million (about Rs 983 crore) in the company and will hold around 54 per cent stake in the robotics start-up. "Reliance Retail Ventures Limited (RRVL) had acquired approximately 55 per cent stake in Addverb Technologies Private Limited (Addverb) in July 2021," RIL said in the filing. Kumar had said Reliance was already one of Addverb's clients, with whom the company had co-created and delivered highly automated warehouses for their Jio-Mart grocery business. The comfort level and the trust factor were already in place, which led to the association between the two firms, he said. The strategic partnership with Reliance Retail will help Addverb Technologies leverage 5G, battery technology through

Stocks to Watch: Bajaj Auto, RIL, Just Dial, Bajaj Fin, Tata Motors, Telcos

Aptech, Bajaj Auto, Ceat, JSW Energy, L&T Infotech, Mastek, Oracle Financial Services, Rallis India, Saregama and Tata Communications to announce December quarter results on Wednesday

RIL picks 54% in robotics firm Addverb Technologies for Rs 983 crore

Strategic tie-up to help Reliance scale up automation across its businesses

Top headlines: TaMo to raise PV prices; FM clears air on Antrix-Devas case

Business Standard brings you the top headlines on Tuesday

Eight of 10 most valued firms add Rs 2.34 trn in m-cap; RIL biggest gainer

HDFC Bank's valuation dipped by Rs 2,854.33 crore to Rs 8,56,439.28 crore this week.

RIL, M&M bid for incentives under govt's Rs 18k-cr battery scheme: Report

India last year finalised an incentive program for companies to invest in local manufacturing of batteries as it looks to establish a domestic supply chain for clean transport and build storage for RE

Top headlines: RIL to invest Rs 5.9 trn in Gujarat; BPCL gets a price tag

Business Standard brings you the top headlines on Thursday

Stocks to Watch: Mindtree, HCL Tech, BPCL, Ujjivan SFB, HDFC Bk, Adani grp

HCL Technologies is scheduled to announce Q3 results on Friday, while HDFC Bank will report numbers on Saturday. Adani group stocks may be in focus on the back of MoU with POSCO.

RIL to invest Rs 5.95 trn in Gujarat for green energy, other projects

The MoU entails an investment of Rs 5 trn in Gujarat over the next 10-15 years for setting up a 100 Gw Renewable Energy Power Plant and Green Hydrogen Eco-System

Market wrap: Sensex ends 533 pts up; Nifty above 18,200 led by RIL, Infosys

Realty index surges over 3%; Wipro reports Q3 net profit flat at Rs 2,969 cr, declares interim dividend of Re 1; Infosys Q3 PAT rises 12% to Rs 5,809 cr, raises FY22 revenue guidance

How Amazon-Reliance battle for retail supremacy became a legal jungle

For more than a year, Amazon.com Inc and India's Future Group have been locked in a complex legal stand-off that has stalled Future's $3.4 billion sale of assets

Reliance Industries should consider de-merger to unlock value

Over the past four years, Reliance Industries has invested $5.7 bn across verticals, with $2 bn in 2021 alone. As the investments becomes enormous, analysts say RIL should considers a de-merger now