In the June 2018 quarter its finance cost jumped more than threefold to Rs 3555 crore on an annualised basis. The retail-to-refining giant debt has trebled over the past five years as it invested a whopping USD 37 billion in a telecom venture.
RIL’s subsidiary Reliance Jio posted a 13.8 per cent rise in standalone revenue at Rs 8,109 crore and a net profit of Rs 612 crore for the June 2018 quarter as against Rs 510 crore in the March 2018 quarter.
Kolkata, Jan 08 (ANI): While addressing at the Bengal Global Business Summit in Kolkata, the chairman of Reliance Industries, Mukesh Ambani on Friday said that West Bengal is one of the top Indian states on the 'ease of doing business matrix today'. He also said that it's a platform to bring together everyone who has a stake in the development of the state.