ADVERTISEMENT
Consumer Units Replace Refining As RIL’s Second-Biggest Business
The Mukesh Ambani-led firm generates a third of its operating income from consumer-focused telecom and retail businesses.
21 Oct 2019, 01:20 PM IST
India’s most-valued company now relies on its consumer-facing businesses more than ever.Reliance Industries Ltd.—the first domestic company to reach Rs 9 lakh crore market capitalisation—now generates a third of its operating profit from retail and telecom units.The energy giant and the owner of the world’s largest crude oil refinery is not only India’s No. 1 retailer but also the nation’s biggest telecom operator. The combined share...
I’m already a Subscriber Sign In
To continue reading this story
Subscribe to unlock & enjoy all Members-only benefits
Choose a plan
Renews automatically. Cancel anytime.
As a Subscriber you get
Access to
Stories
Curated
Newsletters
20,000+
Research Reports
Priority Pass
to Special Events
Ad-Lite
Experience
Members-Only
Rewards
NDTV Profit
Exclusive Stories
Full Access to
NDTV Profit App
Access to
Stories
20,000+
Research Reports
Ad-Lite
Experience
NDTV Profit
Exclusive Stories
Curated
Newsletters
Priority Pass
to Special Events
Members-Only
Rewards
Full Access to
NDTV Profit App
Still Not convinced ? Know More
ADVERTISEMENT