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Reliance Retail Acquires Majority Stake in Lotus Chocolate
Reliance Retail, a subsidiary of Reliance Industries, has acquired a majority stake in Lotus Chocolate, a leading chocolate manufacturer in India.
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Reliance Jio Partners with Google Cloud to Enhance 5G Services
Reliance Jio, India's largest telecom operator, has partnered with Google Cloud to enhance its 5G services and offer advanced cloud-based solutions to its customers.
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Reliance Industries Posts Record Profit in Q3 FY23
Reliance Industries reported a record profit of ₹16,241 crore (US$2.02 billion) in the third quarter of fiscal year 2023, driven by strong performance in its oil and gas, retail, and telecom businesses.
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Reliance Industries' retail arm to acquire majority stake in Metro Cash & Carry India
Reliance Retail Ventures Limited (RRVL), a subsidiary of Reliance Industries Limited (RIL), has entered into an agreement to acquire a majority stake in Metro Cash & Carry India Private Limited (Metro India). The transaction is subject to regulatory approvals and other customary closing conditions.
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Reliance Industries to invest ₹75,000 crore in Gujarat
Reliance Industries Limited (RIL) will invest ₹75,000 crore in Gujarat over the next 10 years. The investment will be used to set up new projects and expand existing ones in the state. The projects will create new jobs and boost the state's economy.
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RIL Q4 net profit rises 22.5% to ₹17,171 crore
Reliance Industries Limited (RIL) on Friday reported a 22.5 per cent rise in its consolidated net profit to ₹17,171 crore for the fourth quarter ended March 2023, helped by strong performance across its businesses.