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Reliance Industries Posts Rs 21,243-Crore Q4 Profit, Beats Estimates
News18 - Reliance Industries Ltd (RIL) said net profit rose 0.1 percent to Rs 21,243 crore for the fiscal fourth quarter, beating analyst estimates, driven by a recovery in its core oil-to-chemicals (O2C) business. Read more
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After Telecom & Retail, Ambani Now Targets Water!
October 11 Introduction Mukesh Ambani, the head of India's huge Reliance Industries, is making waves again. After changing the game in telecom with cheap Jio plans and growing big in retail with stores and online shopping, he's now targeting the bottled water business. Reliance is introducing new low-cost bottled water brands like Campa Sure to make safe drinking water affordable for everyone. With prices starting at just ₹5 for a small bottle, this could start a price war in India's massive ₹20,000-30,000 crore bottled...
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Key highlights from Reliance Shareholders' AGM 2025
August 29 KEY POINTS FROM THE ANNUAL GENERAL MEETING For FY 2024-25, the company crossed ₹10.71 lakh crore in consolidated revenue—making it the first Indian company to surpass that milestone. EBITDA reached ₹1.83 lakh crore, and net profit stood at ₹81,309 crore. What is EBIDTA? Find on Zinkpot AI RIL made a record contribution of ₹2.10 lakh crore to the national exchequer; cumulative tax contributions over six years crossed ₹10 lakh crore. Jio’s Growth & IPO Timeline : Reliance Jio has surpassed 500...
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JioHotstar races ahead, now second only to Netflix with 280 mn subscribers
May 28 SUMMARY JioHotstar, the streaming platform formed from the merger of Disney+ Hotstar and JioCinema under the JioStar joint venture, has rapidly grown to 280 million subscribers within just over three months since its February 2025 launch. This surge positions it as the world's second-largest streaming service, trailing only Netflix, which has over 300 million subscribers. Key Factors Behind the Growth Cricket Streaming Dominance: JioHotstar's exclusive digital and television rights to major...
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Adani Wilmar Q4 results: Net profit rises 67% YoY to ₹157 crore, revenue down 3%
May 01 Mint - The Adani Group company reported a 67% year-on-year (YoY) surge in its net profit for the March quarter (Q4 FY24), rising to ₹157 crore from ₹94 crore last year same period. Read more
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Elon Musk meets Chinese Premier Li Qiang after skipping India visit
April 28 Mint - On Sunday, Tesla CEO Elon Musk posted a picture with Qiang and said, “We have known each other now for many years, since early Shanghai days.” Read more
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After telecom, Reliance plans to disrupt India’s electronic market. Where should you invest?
April 25 Reliance Industries Ltd (RIL) is planning to disrupt the dominance of multinationals like Samsung, LG in the local consumer electronics and home appliances market with a new made-in-India brand Wyzr. The company is therefore finalising production agreements with domestic contract manufacturers Dixon Technologies and Onida parent Mirc Electronics. In future, the company wants to set up its own plants after the brand gains market share. Reliance has already launched Wyzr brand air coolers and plans to extend...
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Uday Kotak loses ₹10,225 crore in a day as Kotak Mahindra Bank share price tanks 11%
April 25 Mint - As market cap fell making shareholders poorer by ₹39,768.36 crore, Uday Kotak holding a 29.71 per cent stake also lost ₹10,225 crore in a day. Read more
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RBI tells Kotak Mahindra Bank to stop issuing new credit cards
April 24 Business Standard - The Reserve Bank of India has asked private sector lender Kotak Mahindra Bank not to issue new credit cards and barred new customer onboarding through the bank’s online and mobile banking channels. Read More
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ILO flags risk of excessive heat to 2.4 billion workers globally; Outdoor workers in countries like India at high risk
April 23 Down to Earth - Out of a global workforce of 3.4 billion, over 2.4 billion workers are likely to be exposed to excessive heat at some point during their work. Read more
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Samsung Galaxy S22 receives a massive price cut, now available at a price of ₹36,999 on Flipkart. Should you buy?
April 22 Mint - Samsung Galaxy S22 receives a massive discount on Flipkart, now priced at ₹36,999. It features OneUI 6.0, IP68 protection, and 4K selfie camera. The device runs on Snapdragon 8 Gen 1 processor and promises 4 generations of Android OS upgrades. Read more
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