Reliance Industries Posts 7.4% Rise in Q3 Net Profit on Retail Rebound and Telecom Growth

Pahalgam Terror to Pune Bridge Collapse

New Delhi, January 16, 2025: Reliance Industries Ltd (RIL) reported a consolidated net profit of ₹18,540 crore for the December quarter, reflecting a 7.4% year-on-year increase. This growth was attributed to a robust rebound in its retail segment and significant gains in telecom earnings. The profit translated to ₹13.70 per share, up from ₹12.76 per … Read more

Stock Market Closes Higher for Third Consecutive Day, Investors Gain ₹4.54 Lakh Crore

Radhika Apte

New Delhi, January 16  : The domestic stock market closed on a positive note for the third consecutive day, bringing cheer to investors. The trading session opened with gains, and despite fluctuations due to the tug-of-war between buyers and sellers, both Sensex and Nifty managed to stay in the green throughout the day. By the … Read more

Hindenburg Research Shuts Down Operations: Founder Nathan Anderson Announces Decision

Risk-Free Investment Options

Washington/New Delhi, January 16 : Hindenburg Research, the American short-seller firm known for targeting billionaires like Gautam Adani, Jack Dorsey, and Carl Icahn, has announced the closure of its operations. The company’s founder, Nathan Anderson, declared the decision on Thursday, bringing an end to the firm’s controversial chapter. In a statement on social media platform … Read more

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