Reliance Q1 net rises 6.8%; consumer businesses contribute a third of margins

Reliance reported record pre-tax profit from its retail and telecom businesses. The two now account for nearly 32 per cent of EBITDA, up from close to 25 per cent previously. Richest Indian Mukesh......

UTI AMC may finally list on the bourses

UTI’s legacy and brand recognition, together with a robust distribution network and access to public sector money, could work in its favour, and help it command a premium. Illustration: Uttam......

Normal rain prediction lifts business sentiment

The IMD attributed the projection to a weakening of El Niño and the Indian Ocean Dipole turning positive. The monsoon is likely to be just normal at 96 per cent of the Long Period Average......

Sensex falls 251 points; oil and gas shares tumble

Markets ended lower on Friday, amid weakness in European shares, dragged by oil shares because of declining global crude oil prices. Adding to this, investors were cautious ahead of CPI and IIP......