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PM invites global CEOs to make India 'aatmanirbhar' in oil and gas sector

Prime Minister Narendra Modi on Wednesday invited global oil and gas giants and to explore opportunities to develop oil and gas set up in India. ....

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Network18 continues to provide salaries for five years to the employees

Network18 continues to provide salaries for five years to the employees
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Reliance Industries Q3 consolidated PAT at Rs 13,101 cr, up 12.5% YoY

Reliance Industries Q3 consolidated PAT at Rs 13,101 cr, up 12.5% YoY
Reliance Industries reported a consolidated net profit of Rs 13,101 crore in the December quarter, up 12.5 per cent over the same period in the previous year as lower expenses cushioned earnings even as revenues declined.
Consolidated net sales in the period under review stood at about Rs 1.18 trillion, down 23 per cent from the year-ago period because the oil to chemicals, oil and gas, and retail revenue segments took a hit.
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A much lower current tax in the December quarter at Rs 295 crore compared to that in the corresponding period last year at Rs 1,996 crore, coupled with a sharp fall in finance costs, also lent support to the company’s bottom line in the quarter. ....

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Subdued Q3, few near term triggers to keep RIL stock under pressure

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