Reliance Industries Q2 net profit up 0.3% to Rs 9,516 crore QoQ

Reliance Industries Q2 net profit up 0.3% to Rs 9,516 crore QoQ

India’s biggest company, Reliance Industries Ltd (RIL), has reported 0.3 percent rise in quarterly profit. Reliance, controlled by India’s richest man, Mukesh Ambani, said its second-quarter profit for the quarter ended September 30 was Rs 9,516 crore.

Oil companies ask for additional Rs 12,000 crore LPG, kerosene subsidy

Oil companies ask for additional Rs 12,000 crore LPG, kerosene subsidy

Oil companies have asked for an additional Rs 12,000 crore liquefied petroleum gas (LPG), kerosene subsidy, sources told CNBC-TV18. The current demand by the oil companies in terms of additional compensation comes as the prices of the subsidised LPG cylinders have gone up quite a bit.

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