Reliance Industries net profit jumps 27% in Q2

Reliance Industries Ltd on Friday reported a 27 per cent jump in its September quarter net profit as earnings from the oil and gas business rebounded, and a pick-up in fashion and grocery helped......

India Inc rides merger-demerger wave

Corporate India is busy restructuring — through mergers, demergers and splits. Illustration: Uttam Ghosh/Rediff.com That seems to be the new normal as CXOs and boards brainstorm on how to......

Anil Agarwal to demerge 5 businesses of Vedanta, restructure zinc unit

Mining magnate Anil Agarwal's conglomerate on Friday announced a major business shake-up, with flagship Vedanta Ltd approving a spin-off of its metals, power, aluminium and oil and gas businesses......

Jio Financial to list on bourses on Aug 21

Jio Financial Services, the demerged financial services unit of Reliance Industries, will be listed on bourses on August 21, according to an exchange notification. Photograph: Anushree......

IPL teams, players donate for COVID-19 relief efforts

Photograph: Kind courtesy BCCI/IPL   In response to the terrifying surge of COVID-19 cases in the country, Indian Premier League teams have joined the effort to fight the crisis by announcing......