Reliance

Reliance to build ‘largest zoo in world’ in Guj

Before marrying Mukesh Ambani, Nita Ambani was a teacher in a school. Even after marriage she continued to raise children for a few years.

Billionaire Mukesh Ambani's Reliance Industries Ltd on Friday reported a 15 per cent drop in second quarter net profit after the pandemic-hit oil demand dragged down continued good showing in consumer-facing businesses such as telecom.

Customers shopping online on Reliance Digital will get an exclusive cashback of 15% on Citibank's credit / debit cards.

While GIC invested Rs 5,512.5 crore in Reliance Retail Ventures Ltd (RRVL) for a 1.22 per cent stake, TPG took 0.41 per cent interest for Rs 1,837.5 crore, the company said in statements issued past midnight.

Equity benchmarks notched up gains for the second straight session on Wednesday, propelled by market heavyweight Reliance Industries amid upbeat global cues.

The Sensex and Nifty ended marginally lower after a choppy session on Friday as profit-booking in financial stocks and a global equity selloff outweighed a rally in market behemoth Reliance Industries.

Reliance Industries' market valuation crossed Rs 14 lakh crore-mark on Friday as its stock rallied over 4 per cent to scale its fresh peak.