Reliance net profit drops 5% in Q1 on weak O2C business

Reliance Industries Ltd, India's most valuable company, on Friday reported a 5 per cent drop in its June quarter net profit as lower fuel cracks and petrochemical margins outdid gains in telecom......

India's outward FDI rises to $1.85 bn in July 2023

Interrupting a two-month streak of decline, outward foreign direct investment (FDI) rose sequentially to $1.85 billion in July over $1.07 billion in June, an increase of 73 per cent. Illustration:......

Reliance Jio to roll out services in 800 cities

In what could be one of the largest launches in the telecom services space, Reliance Jio Infocomm is set to roll out its 4G LTE services in 800 Indian cities between April and June next year. ......

Reliance Jio to launch 4G in 2015: Mukesh Ambani

Reliance Jio Infocomm said it will commercially launch 4G services in 2015, entailing investments of Rs 70,000 crore (Rs 700 billion).   "The year 2015 will see the phased launch of......