10 analysts estimated RIL's consolidated net profit at Rs 11,256 crore and nine analysts estimated revenue at Rs 1.5 trillion.
Reliance has announced that it will roll out its e-commerce platform to as many as 1.2 million retailers and store owners in Gujarat. This is part of a nationwide roll-out that will come later this yea, reports Viveat Susan Pinto.
Saudi Aramco had right from the beginning resisted the price tag Reliance had put for the 20 per cent stake in O2C business, which comprises the company's twin refineries at Jamnagar in Gujarat, petrochemical plants and 51 per cent in fuel retailing venture.
Unlike Reliance Jio's focus on 4G, it plans to segment the data market based on device prices and spectrum.
The market could see a fresh round of tariff war, similar to what happened in the voice market a few years ago.
Kumar Mangalam Birla will be the non-executive chairman and Balesh Sharma the new CEO of the merged entity, which will remain listed.
Reliance announced energy asset sales worth around $ 16 billion; end of the investment cycle in telecom; bringing net-debt to zero in 18 months; value-unlocking options for real estate and financial assets; listing of telecom and retail in five years; and focus on dividends.
Bollywood takes the glamorous route to MAMI!
The company is keen on creating 'a differentiated e-commerce model'.
Upfront payment of Rs 32,000 cr just half of Budget estimate; no takers for 700 & 900 megahertz bands
Unlike most MF distributors in India, Paytm Money will be offering low-cost direct plans, which don't charge for distribution expenses
Stating that the forthcoming elections will delay the reform process and hurt growth, international rating agency Moody's on Monday said it expects growth to pick up to only 5.5 per cent in FY15.
If IOC is not allowed to run its own affairs, then we can see it close down in the next 10 to 15 years, warns Sudhir Bisht.
Ambani has unveiled an over Rs 1.8 trillion capex plan for the next three years.
Market cap touches Rs 5 lakh crore; earnings growth to spurt in FY19
The students of Marjory Stoneman Douglas and other United States schools, Tim Cook, India's Indira Jaising and Mukesh Ambani. The names mentioned above have nothing in common... until now. They have all been named as Fortune's World's 50 Greatest Leaders. Here are some of the prominent names mentioned in the list.
Reliance Communications could become a much more formidable opponent.
7 rounds have been completed with bidding in all 4 bands
Bharti Airtel is the largest mobile phone operator in the country.
'Install the app for yourself and your family.' 'Make sure that everybody you come in contact with on a daily basis -- your drivers, your maids, your colleagues at work -- make sure they too are using the app.' 'Also encourage people who carry some influence, like office managers, to convince their employees to do the same.' 'This only helps in improving your safety levels.'
The new executive director of Reliance Capital has big shoes to fill in every way.
The third round of spectrum auction continued to witness aggressive bidding even after completion of seventeen rounds on Wednesday with demands for both bands of airwaves on offer continuing to pour in.
Samsung is betting on core capabilities like R&D to stay prepared for the new wave of technologies like 5G and IoT (internet of things).
The Chinese President dethroned Russian President Vladimir Putin as the most influential person on the planet.
VCs have been especially bullish about India.
A year after Bharti Airtel launched 4G services, there are only 6.5 mn users in the country
Deal to help RCom reduce debt, Sun gain subscribers in new markets
A look at the red carpet arrivals.
Star's maths is simple: It expects to make something close to Rs 40 billion from the two properties in the first year (2018) itself, which is pretty close to its break even point
Surprisingly, RIL scrip also fell by 2.73 per cent to 1,029.15, becoming the second biggest loser in the index
Spectrum auction on Thursday entered the 10th day of bidding and started off from Rs 61,091.83 crore (Rs 610.91 billion) in terms of value.
Telecom operator Reliance Jio Infocomm has arranged credit facilities worth $1.5 billion with lenders, including Bank of America and Barclays, to refinance existing loans.
Modi ranks 9th on the Forbes list of 74 of the World's Most Powerful People.
Prime Minister Narendra Modi is likely to urge Tim Cook to begin manufacturing its prized iPhones in India.
'We felt like we were a part of something bigger than just a film.'
The big beneficiaries of this move will be the big three -- Bharti, Vodafone and Idea.
The company has reportedly been in the process of shutting its CDMA business and shifting its subscribers to 2G, 3G and 4G networks.
Demand for 1,800-MHz weak but govt secures a combined Rs 42k cr on Day-1
Fixed-line Internet is consistent and translates into a better experience for users.
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