India’s retail inflation accelerated to 7 per cent year-on-year (Y/Y) in August, driven by a surge in food prices, adding pressure on the central bank to further hike interest rates later this month.
Shubhalakshmi Polyesters (SPL) and Shubhlaxmi Polytex (SPTexpolyester )'s businesses were purchased by Reliance Petroleum Retail, a wholly-owned subsidiary of
Get latest articles and stories on Business at LatestLY. Reliance Petroleum Retail Limited (under name change to Reliance Polyester Limited ), a wholly owned subsidiary of Reliance Industries Limited (RIL), on Saturday executed definitive documents to acquire polyester business of Shubhalakshmi Polyesters Limited for cash consideration of Rs 1,522 crore. Business News | RIL Arm to Buy Polyester Business of Shubhalakshmi Polyesters for Rs 1,522 Cr.
Reliance Petroleum Retail Limited (under name change to Reliance Polyester Limited), a wholly owned subsidiary of Reliance Industries Limited (RIL), on Saturd