Mumbai: Reliance Industries Ltd (RIL) posted its strongest-ever quarterly financial performance in the September quarter, achieving record revenue, EBITDA and net profit. Strong growth in its oil-to-chemicals business, along with expansion in digital services and retail, helped drive a 28% rise in revenue. Consolidated revenue reached an all-time high of Rs 3.62 lakh crore in the second quarter of FY27. EBITDA increased 24% to a record Rs 62,409 crore, while net profit surged 34% to Rs 29,550...Read More

In the room rent capped plan or no cap choice, a no-room-rent-capping plan is better when your treatment needs prior approval, as it protects you from hidden proportionate deductions on your hospital bill. When the hospital asks your insurer for prior approval, the insurer uses your policy limits to work out how much it will approve, and your room rent cap is one of those limits. Suppose you pick a room that costs more than your cap. Charges linked to that room, such as doctor visits, nursing...Read More

Mumbai: Reliance Jio has once again demonstrated why it remains India’s dominant telecom operator. TRAI’s September data shows Jio driving the bulk of the country’s core mobile subscriber growth, while Bharti Airtel recorded its weakest monthly expansion in recent months, a press release said. As per the analyst reports, India’s core mobile subscriber base excluding machine-to-machine (M2M) connections grew by 2.2 million month-on-month to 1.15 billion. Of this, Jio added 1.9 million ...Read More

Chorvad: The stock market listing of Jio Platforms at a premium of over 21% was celebrated with great fanfare in Chorvad, the hometown of Dhirubhai Ambani. On Wednesday night, a community feast for more than 25,000 villagers was followed by a Lok Dayro, a traditional Gujarati folk performance featuring renowned artists from the state. Parimal Nathwani, Director of Corporate Affairs at Reliance Industries and a Rajya Sabha member, was present on the occasion. Watch: As part of Jio Platforms’...Read More

Mumbai: Jio Platforms' blockbuster stock market debut has reshaped the rankings of India's most valuable business groups. As Jio listed at ₹1,358 per share on Wednesday, Reliance Group overtook Tata Group to become India's most valuable business group by market capitalisation. Following Jio's listing, the combined market capitalisation of Reliance Group's listed companies reached ₹28.9 lakh crore. Tata Group ranked second at ₹25.6 lakh crore, followed by Adani Group in third place at ₹16...Read More

Mumbai: Jio Platforms made a strong stock market debut on Wednesday, October 28, with its shares listing at ₹1,358 apiece, a premium of 21.36% over the initial public offering (IPO) price of ₹1,119. The listing valued the telecom and digital services company at around ₹12.5 lakh crore, making it India’s second-most valuable listed company after Reliance Industries Ltd (RIL). At around 10:02 am, Jio Platforms shares were trading at ₹1,359.10 on the National Stock Exchange (NSE), up â...Read More

Mumbai: Jio Platforms could become India's second-most valuable listed company when its shares make their stock market debut on Wednesday. Based on current grey market indications, Jio's market capitalisation could reach approximately ₹12.61 lakh crore, nearly ₹25,700 crore higher than Bharti Airtel's. This could place Jio just behind Reliance Industries in market value. To overtake Airtel, Jio would need to list at around ₹1,342 per share or above. Jio's IPO was priced at ₹1,119 per ...Read More

Ahmedabad: Transformers and Rectifiers (India) Limited (TARIL) has announced an investment of Rs. 1,250 crore to establish three greenfield manufacturing plants at its Chiyada manufacturing complex in Gujarat, according to a company press release. The investment comes as India expands its power infrastructure to meet rising electricity demand, integrate renewable energy and modernise its transmission network. The new facilities will manufacture bushings (OIP, RIP and RIF up to 800 kV), pre...Read More