RJio

RJio’s “Bharat” connect a good move, but not good enough to woo RIL investors

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RJio’s “Bharat” connect a good move, but not good enough to woo RIL investors

One could say that Reliance Industries Ltd’s attempt to rejuvenate Dalal Street investors with the introduction of 4G-featured JioBharat mobile phone somewhat failed, as the euphoria around it fizzled out too soon. The stock of RIL which rose to a six-month high on Tuesday, erased all of the gains and closed in the red. On … Read more

RIL Q3 preview: Profit to be flat, sales likely to fall; GRM to improve sequentially

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RIL Q3 preview: Profit to be flat, sales likely to fall; GRM to improve sequentially

NEW DELHI: Reliance Industries, the largest company in India by market capitalization, is likely to improve its earnings performance sequentially, but the numbers are expected to be subdued year-on-year when the company publishes its result on Friday. The net sales for the December quarter is projected to drop 18-22 per cent YoY. Net profits for … Read more