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RIL becomes first Indian company to cross Rs 1 lakh crore pre-tax profit

RIL becomes first Indian company to cross Rs 1 lakh crore pre-tax profit
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Reliance Industries: Reliance Ethane Holding invests Rs 853 crore in subsidiaries

Reliance Ethane Holding Pte Ltd. (REHPL), a subsidiary of Reliance Industries, invested Rs 284 crore each in three subsidiaries—Ethane Coral LLC, Ethane Diamond LLC, and Ethane Jade LLC—totaling Rs 852.8 crore ($102.90 million). ....

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RIL turns bigger than McDonald's, Netflix as Mukesh Ambani fuelling India's $1 trillion dream

Reliance Industries, owned by Mukesh Ambani, has become the largest wealth creator on Dalal Street with a market capitalization of Rs 20 lakh crore. It is bigger than American giants like McDonald s, PepsiCo, Netflix, and Accenture. RIL is also the only Indian company among the world s 50 most valuable companies and is also one of the top candidates to become India s first $1 trillion stock. ....

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