India In-Focus — Reliance Industries profit surges; Budget carrier Akasa opens bookings

RIYADH: India’s Reliance Industries Ltd. on Friday reported a 46.3 percent jump in June-quarter profit, as robust refining margins due to intake of cheaper Russian crude and fuel exports buoyed its dominant oil-to-chemicals business. The Mukesh Ambani-led conglomerate said consolidated profit rose to 179.55 billion rupees ($2.25 billion) in the three months ended June 30

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