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Google, Microsoft pledge aid to India in fight against Covid2019

NEW DELHI: Google CEO Sundar Pichai and his Microsoft counterpart Satya Nadella have extended their support to India amid a record surge in Covid2019 cases. Pichai tweeted, "Devastated to see the worsening Covid crisis in India. Google & Googlers are providing Rs 135 crore in funding to @...

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Reliance to sell 11.61 per cent stake in Hathway

Reliance Industries is preparing to sell 11.61 per cent of its stake in Hathway Cable & Datacom to comply with SEBI’s minimum public holding norms. Through offers for sale (OFS), Reliance plans to offload Hathway shares worth Rs 442 crore, bringing down its holding in the cable company to 75...

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RIL Retail posts net profit of Rs 1830 crore in Q3 2020

New Delhi: Reliance Industry Limited’s (RIL) subsidiary Reliance Retail has posted net profit of Rs 1,830 crore. It grew by 88.1 per cent quarter-on-quarter. However, the revenue for the quarter ending on 31 December 2020 stood at Rs 37,845 crore. It fell by 7.9 per cent Q-o-Q. The revenue for Q2...

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No plans to enter corporate farming business: Reliance

NEW DELHI: Reliance Industries Ltd has moved a petition in the Punjab and Haryana high court today, seeking the government’s intervention to bring a complete stop to acts of vandalism by miscreants, who destroyed some of its telecom towers in the states a few days ago. “Taking advantage of the...

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RIL completes acquisition of IMG Reliance

Reliance Industries has completed the acquisition of shares of IMG Reliance from IMG Singapore Pte Ltd. Going forward, IMG R is a wholly-owned subsidiary of Reliance Industries.

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