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New Delhi, Jul 18 (PTI) The Congress accused the CBI on Friday of going soft in its probe against Pharmacy Council of India (PCI) Chairman Montu Patel in an alleged multi-crore-rupee scam. Addressing a press conference at the All India Congress Committee (AICC) headquarters here, Rajya Sabha MP and party spokesperson Shaktisinh Gohil alleged that the CBI did not present all the facts before the court that led to Patel getting interim protection from arrest. He said it took the Central Bureau o ...Read More >
New Delhi: Reliance Retail Ventures Ltd, Reliance Industries Ltd's retail arm, on Friday reported a consolidated profit of ₹3,271 crore for the April-June first quarter, up 28.3% from a year ago. Revenue from operations grew 11.3% year-on-year to ₹73,720 crore. Reported ebitda at ₹6,381 crore was up 12.7% year-on-year, while ebitda margin improved further by 20 bps year-on-year to 8.7%. Ebitda, a measure of core operations, stands for earnings before interest, taxes, depreciation, and amortizat ...Read More >
NEW DELHI: In a renewed effort to put economic pressure on Russia, the European Union on Friday unveiled a fresh package of sanctions, which includes lowering the price cap on Russian crude oil and sanctioning Nayara Energy Ltd, an India-based refinery linked to Russian energy giant Rosneft. This marks the first time the EU has imposed sanctions involving India, a country that has heavily relied on discounted Russian crude since the start of the Russia-Ukraine war in 2022. Nayara Energy Ltd, fo ...Read More >
New Delhi, Jul 18 (PTI) The new Shein India app, selling fast fashion, has crossed 2 million app downloads within six months of re-launch and now has over 20,000 live options, according to the latest earnings report from Reliance Industries. Moreover, Reliance Retail also witnessed a "strong pick up" in its daily orders from its Quick-commerce platform, "with 68 per cent Q-o-Q growth and 175 per cent Y-o-Y growth". Also Read | PM Kisan Samman Nidhi Yojana 20th Installment Date: Eligible Farmer ...Read More >
New Delhi, Jul 18 (PTI) The new Shein India app, selling fast fashion, has crossed 2 million app downloads within six months of re-launch and now has over 20,000 live options, according to the latest earnings report from Reliance Industries. Moreover, Reliance Retail also witnessed a "strong pick up" in its daily orders from its Quick-commerce platform, "with 68 per cent Q-o-Q growth and 175 per cent Y-o-Y growth". Its operations were scaled to 4,290 pin codes serviced by 2,200-plus stores in ...Read More >
New Delhi, Jul 18 (PTI) India's most valuable company Reliance Industries on Friday reported its highest-ever quarterly profit of Rs 26,994 crore for the April-June quarter, reflecting a growth of 78.3 per cent over the year-ago period, driven by consumer businesses and investment sales. The oil-to-retail-to-telecom conglomerate's consolidated net profit attributable to owners of the company stood at Rs 26,994 crore, or Rs 19.95 per share, in April-June 2025 compared to Rs 15,138 crore earnings ...Read More >
New Delhi, Jul 18 (PTI) India's most valuable company Reliance Industries on Friday reported its highest-ever quarterly profit of Rs 26,994 crore for the April-June quarter, reflecting a growth of 78.3 per cent over the year-ago period, driven by consumer businesses and investment sales. The oil-to-retail-to-telecom conglomerate's consolidated net profit attributable to owners of the company stood at Rs 26,994 crore, or Rs 19.95 per share, in April-June 2025 compared to Rs 15,138 crore earnings ...Read More >
New Delhi, Jul 18 (PTI) The Supreme Court has said money cannot be recovered by filing an FIR and seeking help of police as it quashed a cheating case against the producer of Bollywood movie "Tanu Weds Manu". A bench of Justices J B Pardiwala and R Mahadevan expressed displeasure over the approach of the Allahabad High Court in dealing with the petition of producer Shailesh R Singh for quashing of the FIR against him by complainant Kunal Jain. "Money cannot be recovered, more particularly, in ...Read More >
Mumbai (Maharashtra), July 18: Reliance Industries Limited on Friday reported its April-June quarter gross Revenue increased by 6.0 per cent year on year to Rs 273,252 crore. Coming to Jio Platforms, a subsidiary, the revenue increased by 18.8 per cent due to strong subscriber growth across mobility and homes, increased consumption and sustained positive momentum in digital services. Reliance Retail Ventures reported its revenue has increased by 11.3 per cent. "All segments performed well, wit ...Read More >
New Delhi, Jul 18 (PTI) The central drugs laboratories have found 55 samples manufactured by various firms in June to be "not of standard quality", health ministry officials said on Friday. Further, state drugs testing laboratories have identified 130 drugs samples as 'not of standard quality', they said. According to routine regulatory surveillance activity, the list of 'not of standard quality' and spurious drugs are being displayed on the Central Drugs Standard Control Organisation (CDSCO) ...Read More >
Mumbai, July 18 (SocialNews.XYZ) Reliance Industries on Friday reported a strong 78 per cent year-on-year (YoY) jump in its consolidated net profit for the first quarter (Q1) of FY26, reaching Rs 26,994 crore. The company's revenue from operations also rose 5.3 per cent to Rs 2,48,660 crore compared to Rs 2,36,217 crore in the same quarter previous year, according to its stock exchange filing. The company's operating performance also improved significantly. Its earnings before interest, taxes, ...Read More >
New Delhi, Jul 18 (PTI) The central drugs laboratories have found 55 samples manufactured by various firms in June to be "not of standard quality", health ministry officials said on Friday. Further, state drugs testing laboratories have identified 130 drugs samples as 'not of standard quality', they said. Also Read | Chhattisgarh: 6 Bodies of Naxals Recovered in Ongoing Encounter With Security Forces in Narayanpur. According to routine regulatory surveillance activity, the list of 'not of sta ...Read More >
Mumbai (Maharashtra) [India], July 18 (ANI): Reliance Industries Limited on Friday reported its April-June quarter gross Revenue increased by 6.0 per cent year on year to Rs 273,252 crore. Coming to Jio Platforms, a subsidiary, the revenue increased by 18.8 per cent due to strong subscriber growth across mobility and homes, increased consumption and sustained positive momentum in digital services. Reliance Retail Ventures reported its revenue has increased by 11.3 per cent. All segments perfo ...Read More >
Mumbai (Maharashtra) [India], July 18 (ANI): Reliance Industries Limited on Friday reported its April-June quarter gross Revenue increased by 6.0 per cent year on year to Rs 273,252 crore. Coming to Jio Platforms, a subsidiary, the revenue increased by 18.8 per cent due to strong subscriber growth across mobility and homes, increased consumption and sustained positive momentum in digital services. Also Read | WCL 2025 Points Table Updated With Net Run Rate: Check Latest Team Standings and Lead ...Read More >
New Delhi, Jul 18 (PTI) Reliance Retail Venture Ltd (RRVL), the retail arm of billionaire Mukesh Ambani-led Reliance Industries, on Friday reported a 28.3 per cent jump in its profit after tax at Rs 3,271 crore in the quarter ended June 30, 2025, on the back of robust revenue growth across segments. The company had reported a profit after tax of Rs 2,549 crore in the same quarter last fiscal, according to a regulatory filing of Reliance Industries Ltd (RIL). Gross revenue in the first quarter ...Read More >
Bengaluru: After Delhi, nearly 40 schools in Bengaluru received bomb threats via e-mail on Friday morning, leading to panic among students, teachers and parents. Police teams have rushed to all locations and search operations are underway. Schools in R R Nagar and Kengeri were among those targeted, the police said. Cyber experts are making all efforts to trace the sender of the mail. Sources revealed that the sender could be suffering from mental health issues. In the mail, he has spoken about ...Read More >
New Delhi, Jul 18 (PTI) Reliance Retail on Friday announced the acquisition of consumer durables brand Kelvinator in a bid to accelerate its growth in the rapidly expanding premium home appliances market across India. The company, however, did not disclose the financial details of the transaction. Also Read | Sadhvi Prem Baisa Viral Video With Veerampuri Maharaj Controversy: Female Saint Vows To Undergo 'Agni Pariksha', Calls 'Obscene' Clip Conspiracy To Defame 'Sanatan Sanskriti'. The acquis ...Read More >
New Delhi, Jul 18 (PTI) Reliance Retail on Friday announced the acquisition of consumer durables brand Kelvinator in a bid to accelerate its growth in the rapidly expanding premium home appliances market across India. The company, however, did not disclose the financial details of the transaction. The acquisition is poised to significantly amplify the company's leadership in India's fast-growing consumer durables sector, Reliance Retail said in a statement. "The acquisition of Kelvinator mark ...Read More >
Mumbai (Maharashtra) [India], July 18 (ANI): Reliance Retail today announced a landmark acquisition of Kelvinator, a strategic move poised to significantly amplify its leadership in India fast-growing consumer durables sector. This acquisition is a testament to Reliance Retail unwavering commitment to shaping the future of the consumer durable sector in India by delivering unparalleled value and choice to consumers nationwide, the company said in a statement. Kelvinator, a brand synonymous wit ...Read More >
Mumbai (Maharashtra) [India], July 18 (ANI): Reliance Retail today announced a landmark acquisition of Kelvinator, a strategic move poised to significantly amplify its leadership in India's fast-growing consumer durables sector. This acquisition is a testament to Reliance Retail's unwavering commitment to shaping the future of the consumer durable sector in India by delivering unparalleled value and choice to consumers nationwide, the company said in a statement. Also Read | Sadhvi Prem Baisa ...Read More >
New Delhi: Reliance Retail announced on Friday the acquisition of home appliances brand Kelvinator, marking a major step to strengthen its foothold in India's rapidly growing consumer durables market. Kelvinator, famed for pioneering home refrigeration and its iconic 1970s-80s tagline "The Coolest One," is expected to significantly enhance Reliance's product portfolio and brand value. The acquisition aims to make high-quality, globally benchmarked appliances more accessible to households across ...Read More >
New Delhi: Reliance Industries Limited Chairman Mukesh Ambani is all set to outsmart his competitors with a bold new game plan. Reliance Industries Limited (RIL) has made a major decision to separate all its fast-selling consumer goods -- the FMCG brands -- into a new entity. These brands were previously housed under Reliance's retail companies RRVL, RRL, and RCPL. Now, they will be moved into a newly formed company named 'New Reliance Consumer Products Limited' (New RCPL). This new entity will ...Read More >
New Delhi [India], July 4 (ANI): SpiceJet on Thursday acknowledged that some passengers are currently facing difficulties in reaching the airline's customer care helpline due to intermittent technical issues. The airline said efforts are underway to restore normal functioning as soon as possible. In an official message on X, SpiceJet stated, 'We are currently experiencing intermittent issues with our SpiceJet Customer Care helpline numbers. We assure you that our relevant teams are working to r ...Read More >
MUMBAI: Reliance Retail Ventures announced on Thursday that it will buy a minority stake in UK-based FaceGym. This equity investment will bring FaceGym into India. It did not disclose financial details. FaceGym, a facial workout brand, was founded by former Financial Times journalist Inge Theron, with the first outlet opening in Selfridges, London, in 2014. Over five years, Reliance will establish FaceGym's presence in India through a combination of standalone studios and curated spaces within s ...Read More >
New Delhi, July 3 (PTI) Reliance Retail is transferring its consumer goods business to a new entity, New Reliance Consumer Products Ltd (New RCPL), under its internal restructuring of the business. According to the scheme filed before the NCLT, Reliance is transfering and vesting the FMCG brands business from Reliance Retail Ltd (RRL) to a new entity named New Reliance Consumer Products Ltd (New RCPL). The Mumbai bench of the National Company Law Tribunal (NCLT) on June 25 asked to convene a m ...Read More >
New Delhi, July 7 (PTI) Reliance Retail is transferring its consumer goods business to a new entity, Reliance Consumer Products Ltd (RCPL). As per the scheme filed before the NCLT, Reliance is transfering and vesting the FMCG brands business from Reliance Retail Ltd (RRL) to a new entity named New Reliance Consumer Products Ltd (New RCPL). Also Read | Who Is Soham Parekh, Indian Techie Accused of Duping Multiple Companies? What's His Reaction to Allegations of Moonlighting?. The Mumbai bench ...Read More >
New Delhi, July 7 (PTI) Reliance Retail is transferring its consumer goods business to a new entity, Reliance Consumer Products Ltd (RCPL). As per the scheme filed before the NCLT, Reliance is transfering and vesting the FMCG brands business from Reliance Retail Ltd (RRL) to a new entity named New Reliance Consumer Products Ltd (New RCPL). The Mumbai bench of the National Company Law Tribunal (NCLT) on June 25 asked to convene a meeting for approval of the internal restructuring process, under ...Read More >
MUMBAI, July 3 (Reuters) - Indian billionaire Mukesh Ambani's Reliance Industries said it will spin off its consumer goods unit into a new entity to allow the fast-growing business to attract investors beyond those backing its retail unit. Reliance's consumer business includes brands such as Campa Cola, which competes with Coca-Cola and Pepsi, and dozens of other snacks and confectionery brands that fight for shelf space with the likes of Mondelez's Cadbury chocolates. India's National Company ...Read More >
MUMBAI (Reuters) -Indian billionaire Mukesh Ambani's Reliance Industries said it will spin off its consumer goods unit into a new entity to allow the fast-growing business to attract investors beyond those backing its retail unit. Reliance's consumer business includes brands such as Campa Cola, which competes with Coca-Cola and Pepsi, and dozens of other snacks and confectionery brands that fight for shelf space with the likes of Mondelez's Cadbury chocolates. India's National Company Law Trib ...Read More >
New Delhi, Jul 3 (PTI) Reliance Retail Ventures Ltd (RRVL) has picked a minority stake in UK-based FACEGYM for an undisclosed sum and will launch the facial fitness and skincare brand in India, a statement said on Thursday. The company said this investment is part of its expansion in the high-growth beauty and wellness space. Also Read | RBI Bank Holiday List for July 2025: Banks To Remain Closed on These Days This Month, Check Region-Wise Bank Holidays Dates. "Through this partnership, Relia ...Read More >
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