The increased profitability was led by an exceptional gain of Rs 3,286 crore from the sale of a 13.5% stake in Adani Wilmar Ltd (AWL), according to the company statement.
RIL’s net profit attributable to shareholders grew 2.4 per cent to Rs 19,407 crore for Q4 FY25, beating Street expectations, as a result of lower depreciation, interest, and tax rate.
The company also said in its official statement that it has become the first Indian company to post a net worth exceeding Rs 10 trillion.
Tata Consumer Products Ltd officially announced here on Wednesday that it has posted a profit of Rs 344.85 crore, with a growth of 59.19% as compared to Rs 216.63 crore recorded during the corresponding quarter of FY24.
Union Commerce and Industry Minister Piyush Goyal on Sunday applauded the business ecosystem in the country, highlighting that India is breaking silos, fostering collaboration, and reimagining the future with a convergence of minds.
Start-up meet and pitch fest 2025, titled Platform - Kolkata Chapter was an exercise in creating initiatives in the entrepreneurial landscape.
India and Qatar are set to strengthen their economic and trade ties with the India-Qatar Joint Business Forum, scheduled to be held here on Tuesday.
Students pursuing a course in business management should always aim to be entrepreneurs rather than seek employment, a successful entrepreneur said on Friday.
As India moves closer to a major tax overhaul, the new Income-Tax Bill 2025 seeks to simplify the tax structure and to make it more transparent, efficient, and business-friendly.
Israel's Minister of Economy Nir Barkat said that the governments of India and Israel are aligned to make "very strong successful business to business relationships." He stated that Israel is scaling rapidly to becoming a dominant global power.
