Reliance Industries Ltd (RELI.NS)
18 Jan 2019
* Ambani says to launch online platform to connect small retailers
MUMBAI, Jan 18 Shares in India's Reliance Industries rose on Friday, a day after the conglomerate reported record quarterly numbers that showed the strategy to diversify beyond refining and petrochemicals was beginning to yield results.
India's Reliance Industries on Thursday posted record quarterly profit driven by its telecoms, retail and petrochemicals businesses, which offset the impact of a weaker refining margins due to volatile crude prices.
Jan 17 India's Reliance Industries on Thursday posted record quarterly profit driven by its telecoms, retail and petrochemicals businesses, which offset the impact of a weaker refining margins due to volatile crude prices.
* Refining will continue to be weak, said Reliance exec (Adds details from press conference, quotes)
Jan 17 Indian conglomerate Reliance Industries Ltd on Thursday posted a 8.8 percent rise in third-quarter profit, beating analyst estimates, driven by growth in its petrochemicals business and refining business.
Jan 17 Indian shares ended the session nearly unchanged on Thursday, as gains in IT and financials stocks were offset by losses in healthcare and consumer stocks, while investors marked time ahead of corporate earnings.
Jan 17 Indian shares crept higher on Thursday, with financial and energy stocks accounting for more than half the gains in the index for a second session, as investors turned their attention to corporate earnings.
Jan 15 Indian shares ended higher on Tuesday, with the benchmark BSE index marking its best closing level in nearly a month, after retail inflation rate fell to an 18-month low, raising optimism that the central bank could ease monetary policy next month.
NEW DELHI, Jan 11 India's Reliance Industries, owner of the world's biggest refining complex, imported nearly 15 percent more oil in December compared with November, according to data from shipping and industry sources. The sources declined to be identified as they were not authorised to speak to the media. Sources previously told Reuters that Reliance would halt imports of Iranian oil from November to protect its wider exposure to the U.S. economy, given Washington has r