Reliance consumer products likely to be spun off as separate entity
Reliance Consumer Products, the fast-moving consumer goods (FMCG) division of Reliance Retail, will be spun off into a separate entity, senior company officials told media persons.
Reliance Consumer Products, the fast-moving consumer goods (FMCG) division of Reliance Retail, will be spun off into a separate entity, senior company officials told media persons.
RIL’s net profit attributable to shareholders grew 2.4 per cent to Rs 19,407 crore for Q4 FY25, beating Street expectations, as a result of lower depreciation, interest, and tax rate.
Reliance expanded Campa Cola, one of India’s old soft drink brands from the 1970s and ’80s, after acquiring the brand in 2022. The campaign, featuring actor Ram Charan, aims to make the brand popular among millennials and Gen Z.
Draped in a mel vastram and pachcha kattu, Ambani visited the temple, actively participating in the seva and fulfilling his vows with devotion.
Reliance Industries has stated in a regulatory filing that its subsidiary Reliance Strategic Business Ventures (RSBVL) has acquired a 100% stake in Nauyaan Tradings Private Limited (NTPL) for Rs 1 lakh.
Global ratings agency Fitch on Wednesday said that the low reliance on external demand is expected to insulate India from US action on tariffs, with the economy maintaining growth of 6.5 per cent in FY26 and 6.3 per cent the following year.
Mukesh Ambani-owned Reliance Consumer Products (RCPL) has secured the India rights for premium juice brand Sun Crush from Muttiah Muralitharan’s company, Ceylon Beverage International, the company has officially announced.
The joint venture between Viacom18 and Star India, JioStar, has announced the launch of JioHotstar. The new streaming platform merges the contents between Jio Cinema and Disney+ Hotstar.
Global brokerage Goldman Sachs on Thursday lowered its target price for Reliance Industries Ltd (RIL), while maintaining 'buy' rating for the diversified group.
This was in line with a bearish trend in equities, where Tata Consultancy Services (TCS) and Reliance Industries faced the sharpest erosion.
