RIL Q2 takeaways: Petchem, Jio outperform; but GRM disappoints

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NEW DELHI: Reliance Industries, the biggest conglomerate in India, beat analysts’ estimates in September quarter earnings, with some segments performing brilliantly, but a close inspection reveals some areas of weakness. Telecom was the outperforming segment and it saw exceptional growth during the quarter led by increased usage of telephony. The media business also improved performance. … Read more