Business

NEW DELHI: Reliance Industries Limited (RIL), the Indian mega-conglomerate, announced on Friday that its fiscal first quarter’s combined net profit increased 46% year over year (YoY) to Rs 17,955 crore. Revenue for the Mukesh Ambani-led firm from April to June totalled Rs 2,23,113 crore, up 54.5 per cent from the same period last year. The […]

NEW DELHI: Jio Institute welcomed its first batch of students as it announced the commencement of the academic session with two inaugural postgraduate programs in artificial intelligence and data science and digital media and marketing communications. Jio Institute is a multi-disciplinary higher education institute set up as a philanthropic initiative by Reliance Industries Ltd. and […]

NEW DELHI: The Indian rupee declined to an all-time low of 80.05 against the US dollar amid foreign fund outflow and elevated oil and commodity prices. Due to the current global economic downturn, the Indian currency has been losing its power. India imports more than 80 per cent of its crude oil and the rise […]

NEW DELHI: The negative trend in the edible oil market continues as the prices of packed mustard, soy and palm oil fell by Rs 15-20 per litre. This declining trend is mostly due to the Centre’s interventions. In a bid to control the continuous rise in the cooking oil prices over the past year, the […]

NEW DELHI: The Central Bureau of Investigation (CBI), during its probe into the allegations of bribery against Joint Drugs Controller S Eswara Reddy, has found that the Bengaluru-based Biocon Biologics Limited used Guljit Sethi aka Guljit Chaudhary as a middlewoman to deliver bribe. Sethi is the director of Delhi-based Bioinnovat Research Private Limited. Besides Reddy, […]