Tag: Reliance Industries
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Reliance’s profit was Rs 9,567 crore
(Milcah Anila, Intern Journalist) NEW DELHI: Industrial giant Reliance Industries’ net profit fell in the second quarter of this fiscal on the back of a sharp decline in revenue from the key oil and chemicals segment. Profit fell 15 percent to Rs. 9,567 crore. Profit for the same period last fiscal was Rs. 11,262 crores.…
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Stock market: weak start, the impact of soft global signals
(Anjali Shreya, Intern Journalist): After Monday, the stock market opened with weakness on Tuesday, where selling in Reliance Industries and banking continued. The delay in relief packages in the US along with the fast-growing cases of corona across the world caused the market to collapse.At 9.30 am, the BSE Sensex was recorded at 40,039 with…