Amid Reliance and Saregama takeover reports, Dharma Productions’ twitter bio goes viral
After Saregama, reports of Reliance eyeing a stake in Dharma Productions have surfaced. Following this, the X bio of Dharma is going viral.
After Saregama, reports of Reliance eyeing a stake in Dharma Productions have surfaced. Following this, the X bio of Dharma is going viral.
Reliance Industries Limited (RIL) reported quarterly consolidated revenue at Rs 2.58 lakh crore for Q2 FY25.
Son of industrialist, Anil Ambani, Jai Anmol Ambani has been slapped with a penalty of ₹1 crore by the Securities and Exchange Board of India (Sebi).
Share of Reliance Infrastructure Ltd went up 20 per cent on Wednesday after the company announced that its external debt was down to Rs 475 crore, against the earlier Rs 3,831 crore.
The move comes as a result of their involvement in the misdirection of company funds.
Reliance Petroleum Retail Limited (under name change to 'Reliance Polyester Limited'), a wholly owned subsidiary of Reliance Industries Limited (RIL), on Saturday executed definitive documents to acquire polyester business of Shubhalakshmi Polyesters Limited for cash consideration of Rs 1,522 crore.
Margin profiles for FMCG businesses are superior to that of grocery retailers with gross margins of 40-60 per cent and EBITDA margin of 15-25 per cent versus 15 per cent and 9 per cent, respectively, for DMart.
"At a time when a bright future is beckoning Reliance, what gives me optimism is our huge reservoir of young, dynamic and best-in-class talent. Our next-gen leaders are confidently taking over the reins across businesses," Mukesh Ambani announced.
"This upfront payment of 4 years allows us to drive 5G rollout in a concerted manner given our operating free cash flow," said Gopal Vittal, MD and CEO, Bharti Airtel.
Reliance Foundation has been a dedicated partner to AFI over the years and this tie-up is set to deepen the engagement between the two organisations.
